Were your legal fees between £4250 and £50,000?
First marriage divorces are the most expensive as emotions run high and one or both parties are allowed to believe their arguments could persuade a Judge. When agreement can’t be reached, it is not uncommon for couples to fritter away 10% of the family wealth on legal advice.
Was this your experience? Were all the complicated issues and areas of disagreement that caused the high legal fees worth fighting over? Right now there are literally 10,000’s of people who would happily pay you for the “whole story” rather than spend a fortune and learn it for themselves over the forth-coming weeks, months and years.
In 2018 182598 people got divorced (3510 per week.) For 99942 of those people it was the first divorce for both partners (1922 per week.)
Pricing your documents.
Your documents should be priced so that you receive roughly 1% of your own legal costs each time they’re purchased. For example, if you spent around £20,000 on legal advice you’ll receive £204 every time they’re downloaded. After 100 downloads you’ll have recovered all your legal costs.
The following information from the Office for National Statistics relates to first marriage divorces in 2018.
The data suggests that every week there could have been up to: –
316 people who are in the process of spending between £4250 and £10,000 on legal advice.
212 people who are in the process of spending between £10,000 and £15,000 on legal advice.
298 people who are in the process of spending between £15,000 and £25,000 on legal advice.
346 people who are in the process of spending between £25,000 and £50,000 on legal advice.
220 people who are in the process of spending over £50,000 on legal advice.
The figures behind the workings.
There were 91,299 divorces of opposite sex couples in England and Wales.
Of these, 49,971 were first marriage divorces for both husband and wife. (54.7%)
The average age of divorcing males was 46.9.
The average age of divorcing females was 44.5.
Family wealth for couples aged between 35 -54.
16.5% of couples have a household wealth between £85,000 and £200,000.
11% of couples have a household wealth between £200,000 and £300,000.
15.5% of couples have a household wealth between £300,000 and £500,000.
18% of couples have a household wealth in excess of £500,000 and £1,000,000.
11.5% of couples have a household wealth in excess of £1,000,000.
Data source: ONS
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