Wednesday, December 12, 2007
Accepting a First Offer
When people are going through a divorce, often times there are initial offers on the table with respect to equitable distribution and alimony. I always encourage my clients to take first offers seriously and to not reject them under the false notion that you "should never accept a first offer". You can save yourself a lot of time, money and attorney fees if you realistically look at the offer and decide whether it is in your economic best interest, because many times, after many months of litigation or numerous attempts to mediate the issues in your divorce, the settlement that gets signed is in the neighborhood of what was originally offered. I'm not encouraging people to accept offers which are not in their best interest, I'm simply stating that its not a good idea to reject an offer simply because its the first offer.