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How to choose a mediator for a financially complex divorce

On Behalf of | Apr 26, 2023 | Divorce

You have probably heard plenty of stories about bitter divorce battles that drag on for years. If you do not want to fight your soon-to-be ex-spouse in open court, it might make sense to consider divorce mediation. With mediation, you and your husband or wife work with a third-party mediator to resolve divorce-related issues.

If you have significant wealth or complex finances, though, you might worry about finding a mediator who understands your situation. Fortunately, many mediators have extensive experience with high-asset divorces. Here are some ways you can choose a mediator for your financially complex divorce.

Look for financial experience

According to LinkedIn, before designating a mediator, you should jot down the qualities you think are important for your situation. For a financially complex divorce, your mediator should probably have a record of mediating divorces with complex finances.

Consider the mediator’s education and training

Because mediators come from all walks of life and handle many different matters, there is no formal education and training all mediators must have. Still, it may be beneficial for your mediator to have a degree in finance, accounting, business or the law. Moreover, you should inquire whether a prospective mediator has undergone continuing training to keep his or her credentials up to date.

Do not forget about interpersonal skills

While finding a mediator who has financial experience is a good first step, you do not want to forget about the other qualities that make mediators good at their jobs. Indeed, your mediator should have interpersonal skills to facilitate a meaningful discussion between you and your husband or wife.

Ultimately, because it might take some time to find the right mediator for your financially complex divorce, you should start looking for one as soon as possible.


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