Some divorces have substantially higher stakes than others. Couples who have enjoyed financial success during the marriage have more property to divide. They are therefore at elevated risk of conflict and of financial setbacks triggered by divorce rulings.
Couples have the option of either taking their concerns to family court or negotiating. They may negotiate directly with one another or may even attend mediation as a way of resolving their disagreements. Those attempting to negotiate when dealing with high-stakes marital disputes can secure better outcomes when they come to the negotiation table well prepared.
What negotiation strategies can be useful for those preparing for a divorce involving high-value, complex resources?
Conduct a thorough review beforehand
Negotiations are often not effective in scenarios where people are unfamiliar with the marital estate. The divorcing spouses and their lawyers typically need to look over an inventory of assets and debts carefully before negotiating. That way, they can question information that seems suspect and counter proposals successfully. Additionally, people have to understand the basic rules that apply should the couple litigate. Learning about the property division and custody statutes that guide litigation can help people recognize when terms proposed in negotiations are unfavorable and inappropriate.
Come to the table with a proposal
Flexibility is crucial during negotiations, but the process has to start somewhere. Many people preparing for mediation or sit-down negotiations draw up a basic plan that represents the best possible outcome. In many cases, it is advisable for people to request a bit more than they might reasonably accept in a settlement. That way, they have room to compromise throughout negotiations.
Keep emotions in check
Having legal representation during divorce negotiations is of the utmost importance. A lawyer can educate their clients and help them understand what to expect. They can also serve as a calm advocate in a situation that can easily provoke an emotional response. Spouses need to try to contain their emotions. Both anger at the behavior of a spouse and excitement over a beneficial proposal can be problematic if expressed openly during mediation or negotiations. People may need to practice techniques to remain calm and impassive throughout the process.
In cases where couples eventually settle their disagreements, they can maintain control over the exact terms set in their divorces. Those with a strategy before negotiations may be able to secure beneficial terms. Individuals preparing for complex divorces often need support as they ready themselves for negotiations, and that’s okay.