Celebrating 10 years! 2007-2017

Don't do divorces under $2m

"focus on people with marital assets between $2 million and aknas12/05/10
Divorce is miserable, but can be profitable. But even the p therewillbeblood12/05/10
Yes. The. worst. clients. texlaw12/05/10
I can attest that texlaw is correct. mississippilawyer12/05/10
Absolutely. I'd rather work with murderers. descolada04/23/11
“In criminal law, you see bad people acting their best and i therewillbeblood04/23/11
I ate breathed and slept divorce and child custody disputes dopesmokeresquire12/05/10
... Guest12/05/10
Keep in mind while you generally can't do contingency fees d therewillbeblood12/05/10
Add in Facebook evidence. http://www.guardian.co.uk/techn aknas03/09/11
Been doing a lot of it for two years now. Eventually you be Greenhorn03/09/11
Crazy, there's huge pent-up demand. But now it's not who ge aknas04/23/11
There are two types of divorce attorneys: 1) guys like me w PanhandleShitlaw04/23/11
.....don't do divorces under $2b. she’s also spent an e sanka10/11/17
This must be a big reason why I'm not rich/successful. I can superttthero10/11/17
I have to laugh because I'm the same way. It doesn't seem wo thirdtierlaw10/11/17
aknas (Dec 5, 2010 - 6:16 pm)

"focus on people with marital assets between $2 million and $15 million"

NYTimes
Taking Sides in a Divorce, Chasing Profit
By BINYAMIN APPELBAUM
Published: December 4, 2010
http://www.nytimes.com/2010/12/05/business/05divorce.html?adxnnl=1&ref=general&src=me&adxnnlx=1291590090-VPDB07UtMHunCW4hxiV5Ow

Apparently the private business sector has found the sweet spot in divorce law. Unfortunately for the TTT JD, you don't know anyone of $2m assets net worth, and if you did, they sure as hell wouldn't pick you to do the work.

Too many new lawyers do cheap divorces, and it's pro bono, or not worth it, and you can't make it up in volume. There is no hope for you. Please go away. The capitalist market (or what remains of the capitalist market after Obamanation) has spoken.

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therewillbeblood (Dec 5, 2010 - 6:18 pm)

Divorce is miserable, but can be profitable. But even the profitable ones are miserable.

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texlaw (Dec 5, 2010 - 6:26 pm)

Yes. The. worst. clients.

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mississippilawyer (Dec 5, 2010 - 7:59 pm)

I can attest that texlaw is correct.

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descolada (Apr 23, 2011 - 12:39 pm)

Absolutely. I'd rather work with murderers.

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therewillbeblood (Apr 23, 2011 - 1:51 pm)

“In criminal law, you see bad people acting their best and in matrimonial law, you see good people at their worst."

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dopesmokeresquire (Dec 5, 2010 - 6:28 pm)

I ate breathed and slept divorce and child custody disputes at my old law firm for 18 months. It burnt me out BAD, and made me doubt my willingness to even practcie law.

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Guest (Dec 5, 2010 - 6:47 pm)

...

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therewillbeblood (Dec 5, 2010 - 6:53 pm)

Keep in mind while you generally can't do contingency fees directly in divorce, you can sometimes do contingency fees in collecting on debts (like from spousal support orders) that have been reduced to judgment.

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aknas (Mar 9, 2011 - 4:12 am)

Add in Facebook evidence.

http://www.guardian.co.uk/technology/2011/mar/08/facebook-us-divorces

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Greenhorn (Mar 9, 2011 - 9:42 am)

Been doing a lot of it for two years now. Eventually you become "numb" to the craziness and peoples problems. You just function like a machine in resolving issues, be it serious issues or bullshit (fighting over pots and pans).

I agree it does take a toll on you and I look back and realize that it might have affected my psyche. I don't even really believe in happy marriages anymore or for that matter happy relationships. People ALL seem to be having problems.

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aknas (Apr 23, 2011 - 7:40 am)

Crazy, there's huge pent-up demand. But now it's not who gets to keep the $2m house; but, rather, who gets stuck with an underwater house.

http://www.ft.com/cms/s/0/b835f9b2-6d0c-11e0-83fe-00144feab49a.html#axzz1KLSwFrE9


Recovery prompts US divorce rebound

By Suzanne Kapner in New York
Published: April 22 2011 20:35 | Last updated: April 22 2011 20:35
In a perverse sign of the economic recovery, the US divorce rate, which dipped in the recession, has bounced back, lawyers and matrimonial experts say.

A stronger economy, lower unemployment and a housing market that – while still weak – is no longer in free fall are all contributing to a rebound in divorce filings.

“There is huge pent-up demand,” said Marshal Willick, a Las Vegas matrimonial attorney, who has noted an upturn in his business.

During the recession, couples who were out of work or unable to sell their house stayed married to save money. The percentage of the population 15 years and older who counted themselves divorced dropped to 9.7 in 2009, from 9.9 three years earlier, according to the Census Bureau. More than half of the 1,600 attorneys who are members of the American Academy of Matrimonial Lawyers reported a downturn in their business in 2009, the most recent year for which survey data are available.

Now, those same lawyers are inundated with new clients. Linda Lea Viken, the group’s president, said her practice in Rapid City, South Dakota, was 25 per cent busier this year, compared with the same period in 2009.

One client first approached her about leaving his wife in 2008, but put the divorce on hold when the local bank would not lend him the money to buy her out of their ranch. As property values in the area rebounded following a steep rise in the price of corn and wheat, the once stalled divorce is “moving full steam ahead”, Ms Viken said.

Divorce has not become any less acrimonious but the fights have changed, lawyers said.

“People no longer argue about who’s keeping the house, but about who’s stuck with it,” Mr Willick said.

So-called underwater homes, that are worth less than the balance on their mortgage, are flummoxing judges who cannot decide whether to treat them as an asset or a liability.

In one Las Vegas case, the husband wanted to sell and the wife did not. While they argued, the value of the home continued to fall, said Gary Silverman, their lawyer. The couple is still in the process of splitting.

Other divorce rituals are also going by the wayside. It was once standard practice to make copies of family photos. “But today, people don’t want to shoulder the expense,” said Madeline Marzano-Lesnevich, a New Jersey lawyer.

Even in times of economic distress, however, there is only so much misery that people can bear. One divorcing Manhattan man had planned to use the proceeds from his Bernard Madoff account to pay for a new apartment when he had left home.

The man still moved out after Mr Madoff’s investment fund was exposed as a Ponzi scheme. “But he got a much smaller apartment,” said his lawyer, Alton Abramowitz.

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PanhandleShitlaw (Apr 23, 2011 - 5:26 pm)

There are two types of divorce attorneys:
1) guys like me who churn through lots of simple divorces. There's usually not much to fight over besides child custody and maybe a house. Once in a while, alimony.
2) guys who also fight over giant piles of money.

The problem is that there aren't that many rich people getting divorced at any given time. Most people just don't have the money to pay a lawyer by the hour to fight over every little thing. They want a flat rate, they want it to be over with a minimum of hassle and they want to get on with their lives.

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sanka (Oct 11, 2017 - 3:16 pm)

.....don't do divorces under $2b.

she’s also spent an estimated $7.5million on lawyers and experts as she pursues the divorce.
The battle promises to be a long and involved one


Read more: http://www.dailymail.co.uk/news/article-4970162/Lavish-alleged-tax-avoidant-life-divorce-Macklowe.html#ixzz4vEF1NLTo
Follow us: @MailOnline on Twitter | DailyMail on Facebook

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superttthero (Oct 11, 2017 - 3:21 pm)

This must be a big reason why I'm not rich/successful. I can't for the life of me imagine why someone at that age would be fighting over so much money. I'm sure whatever settlement the other side is offering, no matter how small, is more money than they need for the rest for their short lives with enough left over to leave many many people rich through wills.

I would just want to kiss the problems goodbye and enjoy what little time I had with my money.

I guess I'm just a simple prole with no clue.

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thirdtierlaw (Oct 11, 2017 - 6:25 pm)

I have to laugh because I'm the same way. It doesn't seem worth the stress and fight. I don't care if the estate is worth $2b offer me $10m and they wouldn't ever hear from me again.

But that's why I'm a middle class attorney.

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