For the majority of divorcing couples, the cost of mediation depends upon several factors. Sometimes, an introductory fee or setup fee is charged. It's not unusual for divorce mediators to charge $200 (two-hundred) to $300 (three-hundred dollars) to prepare what's called a 'memorandum of understanding' that explains to you and your spouse the issues to be resolved by the mediator. The cost of mediation also depends upon the amount of time you spend in mediation, and your mediator's hourly rate, which may differ greatly among mediators. Your time in mediation will vary depending on how complex your affairs are and how easily you and your spouse reach an agreement. It will also vary depending on how well both of you have prepared for the mediation beforehand. The more forthright you and your spouse are when disclosing financial assets, debts, and child and spousal support expectations, the quicker your mediator will be able to help you reach an agreement, and the less you'll have to pay. Mediators who are also accountants tend to concentrate on financial and tax issues, and may be able to find ways to save you and your spouse money that other mediators may not be aware of. Typically, a mediator will ask to be paid at the end of each session.
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