A commonsense approach
In one divorce case the wife was determined to keep the house and other possessions worth a total of about £1,000,000, with the husband retaining about £300,000. The husband wanted an additional £175,000 but the wife refused. They wanted to fight it out in court.
From our experience we knew that the court was likely to award the husband between £375,000 and £425,000. The costs of proceeding to a final hearing would have totalled about £50,000. Through careful negotiation the parties were persuaded to agree upon a figure of £400,000. As a result they avoided a stressful court battle and both came out financially better off.
