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[quote=Anonymous][quote=Anonymous]My friend was a lawyer into her 30s when she became a stay at home with a big law husband. It's all fun and games until the kids are getting ready to graduate from high school and hubby decides he wants to marry one of his associates.

My friend is smart but didn't notice her husband shifting their finances over a three year period so that when he surprised her with divorce papers, she was hosed financially. He paid what he had to for the kids but only for a couple more years and she had to rent a new place and find a job. She won't go hungry but is back with the rest of us, trying to re-float her career in her late 50s and trying to figure out her finances. It's amazing how many ways there are to hide money.

"He's a lawyer, what did I expect?" (downs another glass of wine)[/quote]

This is pretty rare among Biglaw partners.  Divorce rate is quite low.  Why?  My theory has been while they have a lot of money to live an UC lifestyle, they do not have a lot of money for that when split in half.  10 million NW good.  5 million will not cover you.  Now there are starting to be a lot more super high earners in biglaw -- 5-10 million a year plus.  That could change things because they may already have 20 million which leaves them with 10 plus the ability to work to put it back.

But I do have to call BS on PP's story.  If the husband shifted finances, any slightly competent divorce lawyer would get that back.  I mean if she knows that he shifted finances, that is all the divorce lawyer would need.  And in almost every state a nonworking spouse of a high earner will get pretty decent alimony.  So either that story is made up or if this is what PP was told -- PP was not being told the truth.  Nothing a divorce lawyer likes better than a Biglaw partner.  Doctors are nice targets but they prefer Biglaw partners.  Predictable earnings for the next 20 years.[/quote]

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