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Advantages to Using a Collaborative Process for High-Net-Worth Cases

Are there any advantages to using a collaborative process rather than litigation for high-net-worth cases?

Amy Zylman Shimalla’s Answer:

As in any case, collaborative provides a great advantage over litigation in that every meeting is a productive meeting. The parties do not end up in court over and over again on numerous case management conferences, intensive settlement conferences, etc., at a cost of thousands for each appearance; or motions which cost several thousand for each party each time a motion is filed. Rather, meetings are scheduled with agendas to deal with specific items. When needed, other collaboratively trained professionals are added to the team to help reach resolution. Rather than retaining two sets of experts such as forensic accountants, or custody experts, one for each party, the parties with counsel discuss and agree on joint neutral professionals to help resolve their issues.

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*Best Lawyers®: No aspect of this advertisement has been approved by the Supreme Court of New Jersey. Information on the selection process can be found here.

Super Lawyers: No aspect of this advertisement has been approved by the Supreme Court of New Jersey. Information on the selection process can be found here.