Why NuVorce?

chicago family lawyerWhy NuVorce?

We are the ONLY divorce firm where YOU determine what your case will cost.

What do traditional firms do?

There are two types of law firms: (1) the traditional firms and (2) NuVorce.

The traditional firm will ask you to pay a retainer, then they will bill you hourly until the case is done. This means every time you ask a question, you’re billed. Every time you want to see something from your own file, you’re billed. Every time your attorney e-mails you, you’re billed. Because traditional firms are paid more when they work more hours, they have no business incentive to be efficient.

In essence the value proposition offered by a traditional firm is: (1) they don’t know what your case will cost, (2) they can’t tell you what will happen in your case, (3) please write them a blank check, and (4) someday something will happen.

We believe that this is a horrific business model for you (pretty sweet for traditional lawyers though). What other business could survive if their value proposition was unlimited expense for unknown results? Shouldn’t you control what your divorce will cost?

So then how is NuVorce different?

We are the ONLY divorce firm where YOU determine what your case will cost.

How is that possible?

NuVorce was founded by a law school professor who also has an MBA that focused on strategic planning. NuVorce does what no other firm can, using this unique background, through a combination of client education, strategic case planning, and cost-benefit analysis.

So specifically, what does NuVorce do that’s so different?

It all starts with the initial client consultation. We will sit down with you to learn about the facts of your case. We will then use our background in legal education to explain the law to you and your range of possible results. From this conversation, you’ll be able to tell what your goals are for the case. We will then use our background in strategic planning to set a strategy to accomplish those goals. Throughout the process we will focus on cost benefit analysis. Basically, if your goal will produce $500, don’t spend $5,000 in legal fees to accomplish it.

If you don’t do billable hours, how does your billing work?

One of two ways (or sometimes a combination of both):

(1) Flat Fee for a Specific Project: Let’s say you need a specific document drafted, like a prenuptial agreement. We will tell you up front what it will cost to draft that document. You then are in complete control to: (1) accept that bid, (2) discuss the parameters of the bid with us, (3) modify the project and request a new bid, or (4) seek out other bids from other attorneys.

a. As an example for comparison with a traditional firm: Let’s say that you requested a basic Prenuptial Agreement and that you had two firms you were considering, a traditional firm and NuVorce.

i. Traditional Firm: The traditional firm attorney costs $400 per hour. The traditional attorney spends sixteen hours drafting the document, editing the document, answering your questions, e-mailing you drafts, etc. At the end of the process, you get a prenuptial agreement and you find out that the prenuptial agreement cost you $6,400.
ii. NuVorce: At NuVorce, we would meet with you, determine what you wanted and set a flat fee upfront of $2,500. You know what you’re paying and we know what we’re getting paid. You can e-mail and call us as much as you want for no additional charge and at the end of the process you get a quality prenuptial agreement.

(2) Monthly Flat Fee: when we are engaged for the entirety of a case and not just one specific project, we are often hired for a monthly flat fee. We will tell you up front what it will cost to represent you. You then are in complete control to: (1) accept that bid, (2) discuss the parameters of the bid with us, (3) modify the project and request a new bid, or (4) seek out other bids from other attorneys.

a. As an example for comparison with a traditional firm, let’s say that you were considering two firms for representation during a divorce, a traditional firm and NuVorce:

i. Traditional Firm: The traditional firm attorney costs $400 per hour. There is no guaranteed fee so you have no clue what you’ll end up paying next month or for the entire case. In average months your bill is $3,000 (that’s less than one day, 7.5 hours, of attorney time per month). In other months, such as when you have trial, it might be $30,000. Overall, in a year in this scenario you would end up spending $66,000.
ii. NuVorce: Let’s say that you requested that we represent you for the duration of your case. We would work through your goals and the strategy and set a flat monthly amount of $1,500 per month with a trial cost of $15,000 (paid only if you are going to have a trial). You know what you’ll be paying each step of the way and you know how much you’ll pay throughout the case. In this situation, if the case lasted a year and went to trial you end up spending $33,000.

So are you quality attorneys or just a lower cost option?

We’re awesome. Our attorneys have been named Rising Stars by Super Lawyers, have been named Emerging Leaders by Leading Lawyers, have published in the most prestigious legal journals, have been the recipient of Public Service Awards, have graduated law school with honors, etc. In fact, the founder of NuVorce was the youngest partner in firm history at one of the large traditional family law firms where he focused his practice on divorce for multi-millionaires. NuVorce offers the highest quality legal services (feel free to read the bios of the team at NuVorce). We’re simply set up on a different (and we would say better) business model that lets us charge flat fees to accomplish what traditional firms can’t.

So why is NuVorce so different?

We view practicing divorce law as a way to help people at what is often the worst time of their lives. Every aspect of our clients’ lives can be impacted from how often our clients see their children to how much money they have to pay their bills. We want to revolutionize the divorce practice by removing the stress of unknowable and often astronomical legal bills from the equation.