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· Not necessarily, but it can do. Forming agreements outside of court is certainly cheaper than litigation but the cost of the process will depend on a number of factors - the complexity of the issues, the number of meetings needed and whether you need to consult other experts, for example.
· It will save you stress and one of the main advantages may actually turn out to be saving time.
· The collaborative process can go at your pace, so you can go much faster than the courts if things go smoothly. This could be an advantage financially as well as enabling you to get on with the rest of your life.