Divorce Consulting Opportunities
It is a well known fact that almost 50% of all marriages end in divorce during the first five years of marriage and the figure goes up to 67% during the first ten years. What happens when once loving couples decide it is time to go their separate ways. Very few divorces end up being friendly and the key word is "Money" or the wanting by one and the wanting to keep by the other. In many instances, the non-working spouse, either at home as a home-maker or just not working and it does not matter the sex was justification for his/her investment into the marriage and this always translates into money.
Depending on how long a couple has been married, alimony is always a consideration in addition to a division of marital assets. As most divorcing couples have attorneys, it is hard to get a fair sense of who gets what without the other feeling "cheated" in the process and even harder feelings become apparent. It sometimes gets to the point, that there is NO communication between the spouses and the balance of the negotiations is left up to the attorneys or the judge. In the absence of firm evidence of what type of jobs are available for the non-working spouse to perform and at what wages as well as future earning potential, it is very difficult for a fair and impartial dollar amount to be imposed.
The use of a Professional Labor Market Survey or for use of a better term, a Professional Wage Cost Analysis report is vital to determine what monies can be made by the one not working today and for the future. Most assignments of this type are commissioned by a Family Law Attorney and is used to be a "bargaining" tool with the opposing lawyer or given as a leverage device to the judge presiding over the divorce. The actual assignment of the Labor Market Survey is given to a company who has experience as well as a system in place to get the job done at a rapid pace and for a reasonable amount of money. The final report is worth it's weight in GOLD in assisting to bring about a conclusion to monies that are to be paid.
The amount of money that is typically charged to perform a Labor Market Survey is approximately $3,000 and takes a normal period of time of l2 hours to perform. It saves both sides an enormous amount of time and money and helps to bring about closure.
Everybody knows someone who has been or is going through divorce and they can easily share "war stories" when it comes down to the issue of money. The Labor Market Survey is a fair and equitable tool to ensure closure happens sooner than later.