Collaborative Law is the New Horizon. For financial professionals, it offers a new opportunity and a new way of functioning in a divorce case. Collaborative process is a non-litigated, non-adversarial method of handling a divorce and utilizes an Interdisciplinary Team made of specially trained professionals who meet in a series of "Team" meetings to help the couple resolve their issues in a civil and respectful manner. The Neutral Financial Professional interacts with both parties, assisting the couple in resolving the economic issues in divorce. This presentation will contrast the litigation process with the collaborative process. Attendees will observe and analyze how the collaborative process works and will apply valuation and forensic skills in an experiential collaborative session.
After this session attendees will be able:
1. To compare the practice of the Collaborative law to a traditional litigated divorce process;
2. To describe the role of the Neutral Financial Professional (NFP) in the Collaborative Process;
3. To compare and contrast Interest-Based Negotiation and Positional Negotiation by the Financial professional in a Team meeting