The Rise of Niche Family Law Firms
The good news is that the divorce rate, even in famously belligerent states like Florida, is decreasing. The divorce rate is only half what it was 30 years ago. The talking heads on TV have their ideas about why; it could be that no one can afford to get married, or that remaining single has become so socially acceptable that the only ones who get married are the ones who are serious about it. What this means for divorce lawyers is that they now have to compete for clients. Therefore, family law firms tend to focus on cases that resemble each other closely, and to communicate this in their marketing, so that clients can choose the family law firm that is the best fit for them. For example, some family law firms focus their practice on military families, same sex couples, or collaborative divorce, to name just a few examples. Others specifically target clients of one sex or the other. Plenty of lawyers say that they know their way around high net worth divorce, but if you truly have a high net worth, then you can afford to do your research to find out which lawyers do the best job of representing high net worth clients. To start the conversation about your goals in divorce and how to achieve them, contact a Boca Raton divorce lawyer.
How Can You Tell Whether a High Net Worth Divorce Lawyer Is the Real Deal?
In theory, every divorce lawyer has an incentive to court high net worth divorce clients. These are just a few of the reasons:
- After a free consultation, clients who live from paycheck to paycheck may choose to represent themselves, deciding that they cannot afford a lawyer, but high net worth clients know that they have too much to lose. They cannot afford not to hire a lawyer with experience representing cases like theirs.
- High net worth divorces are more likely to be complex. If lawyers represent high net worth clients, they get to invest their energy in providing quality representation for the clients they have, instead of constantly seeking new clients whose cases will resolve quickly, leaving the lawyers in need of another round of clients.
- Wealthy clients know the importance of getting a detailed valuation of every asset and dividing them equitably. They are unlikely to rush through their divorce toward a hasty settlement that will lead to further conflict.
When you meet with a family law attorney for a consultation, ask him or her about previous clients. Attorney client privilege prohibits lawyers from providing identifying details about previous cases, but they can tell you, for example, about their strategies in dividing family businesses or in representing clients who get income from trusts or from intellectual property rights, for example.
Contact Schwartz | White About Finding the Right Family Law Attorney for You
A South Florida family law attorney can help you get a fair settlement in a high net worth divorce. Contact Schwartz | White in Boca Raton, Florida about your case.
Source:
floridatrend.com/articles/2025/04/23/splitsville-meets-nicheville/
