ARTICLE
9 January 2024

Divorce Day Delay?

EL
Ellisons Legal

Contributor

Ellisons Legal logo

Established for 260 years, Ellisons is a top 200 UK law firm and one of the region’s oldest, most established and fastest growing firms. We have a proven track record of providing clients with first class service and advice, enabling them to make the right decisions.

We advise businesses and individuals across the UK and beyond – aided by our membership of the Alliott Global Alliance (a worldwide alliance of professional firms). You can find our offices across Essex and Suffolk in Colchester, Chelmsford, Ipswich, Bury St Edmunds, Frinton-on-Sea and London.

The beginning of January is often referred to as boom time for family Solicitors with the first working day back in the office also aptly named ‘divorce day'.
United Kingdom Family and Matrimonial

The beginning of January is often referred to as boom time for family Solicitors with the first working day back in the office also aptly named ‘divorce day'. The end of the holiday period and the beginning of a new year is often the drive for couples to begin the process of separating and sorting their financial affairs. However, recent media reports that the current cost of living crisis and associated financial pressures have meant that more than 270,000 couples have delayed separating.

The decline in the economy following the pandemic in 2020 has had an impact across all sectors of the economy and has had a filtered knock-on effect on the purse strings in every household. As a result, it appears that couples may have contemplated delaying their separation and staying together over fear of the financial repercussions that may follow. Researchers at Legal & General found that financial pressures have delayed 19% of divorces.

It is important that if a couple is facing a separation or divorce they should consider early intervention and advice from an experienced family solicitor. By seeking advice early, it ensures that individuals are informed of their options prior to making any decision and this can often make the separation process quicker and more cost-effective.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

Mondaq uses cookies on this website. By using our website you agree to our use of cookies as set out in our Privacy Policy.

Learn More