Divorce Filings Have Dropped in the Recession Reveals Survey of Top Matrimonial Lawyers
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Divorce Filings Have Dropped in the Recession Reveals Survey of Top Matrimonial Lawyers CHICAGO, Oct. 28 /PRNewswire/ -- The economy appears to be downsizing the frequency of divorce cases, along with jobs and salaries. More than half of the respondents to the latest survey of the American Academy of Matrimonial Lawyers (AAML) are citing a drop in filings during the current recession. In all, 57% of the attorneys have noted fewer divorce filings since the last quarter of 2008. "The current economic climate is proving to be far more unforgiving than estranged couples seeking a divorce," said Gary Nickelson, president of the AAML. "Forced to weigh damaged marriages against tight budgets and uncertain financial outlooks, many spouses seem more willing to try and wait out the recessionary storm." Overall, 57% of AAML members reported a decrease in the number of divorce filings since the last quarter of 2008, while only 14% noted an increase in filings during these difficult times. About AAML Founded in 1962, the American Academy of Matrimonial Lawyers (AAML) is committed to encouraging the study, improving the practice, elevating the standards, and advancing the cause of matrimonial law, in order to better protect the welfare of American families. Comprised of the top 1,600 matrimonial attorneys throughout the nation, members are recognized experts in the specialized areas of matrimonial law, including divorce, prenuptial agreements, legal separation, annulment, custody, property valuation and division, support, and the rights of unmarried couples. For more information, please visit www.aaml.org. SOURCE American Academy of Matrimonial Lawyers (AAML) Brian Downey, bdowney@auletta.com, +1-212-355-0400, or Casey Stickles, cstickles@auletta.com, +1-212-355-0400, both of R.C. Auletta and Co., LLC, for AAML
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