Anybody ever read biglaw partner divorce trial transcripts for the lolz?
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Date: August 14th, 2017 5:54 PM Author: snowy legal warrant hall
I just happened to come across an appeal decision involving the divorce of a biglaw partner I used to work for. He was making $2M a year at the time of the divorce. They had an estate of about $5M. His wife became a stay-at-home mom and eventually left him for her yoga instructor / boyfriend. The court extensively documented his failing health and medical problems.
He ended up getting gaped for $15K a month "maintenance," including a ton of retroactive payments. The court ruled this was not tax-deductible for him, not taxable income for her, and would not end even if she remarries. The court reasoned that she must've had a high standard of living during their marriage for the estate to only be worth $5M, so this standard of living must be maintained.
He also is on the hook for $10K a month in child support, again including a ton of retroactive payments.
Lastly, he is required to pay over $500K in legal fees that she acquired in contesting the divorce payouts. The court was not happy that he used strategies similar to what he used while representing large commercial clients in litigation, which greatly increased attorney costs.
She is now working full time after a 15-year break to raise the kids. He is apparently broke as fuck. His health is failing, he is on disability, and his legal career is done.
I also looked up the yoga instructor / boyfriend. He is jacked as fuck. The former biglaw bro desparately tried to bring in texts/emails between his wife and the yoga guy, but the court excluded all of that correspondence.
I've heard xo say guys get fucked in divorce court, but holy shit. This is devastating.
(http://www.autoadmit.com/thread.php?thread_id=3701063&forum_id=2#33987832) |
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Date: September 14th, 2017 10:50 PM Author: fishy cerebral community account
Because our legal system is fucked. If you take a job making less money, the court will IMPUTE income. If you're making 2M a year, you are now EXPECTED to make 2M a year... for ever. See Robin Williams suicide.
Also, Child Support payments ARE NOT tax deductible.
Any MAN considering marriage in this day and age is literally insane. The only caveat is if the woman makes more money, then it's fine.
(http://www.autoadmit.com/thread.php?thread_id=3701063&forum_id=2#34214462) |
Date: August 14th, 2017 6:06 PM Author: dashing stage
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(http://www.autoadmit.com/thread.php?thread_id=3701063&forum_id=2#33987937) |
Date: August 14th, 2017 10:46 PM Author: Outnumbered school
the fact that men allow this system to persist is embarrassing.
the whole idea a woman should get to maintain her 'standard of living' after divorce is absurd as well.
(http://www.autoadmit.com/thread.php?thread_id=3701063&forum_id=2#33990331) |
Date: September 15th, 2017 2:11 AM Author: Flirting skinny woman
there are STILL literally stupid fucks on xoxo who insist their country is first world.
i read threads like this and just feel bad for the massive delusions of said dummies
(http://www.autoadmit.com/thread.php?thread_id=3701063&forum_id=2#34215362) |
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