Deciphering the City Professional’s Income/Contract - Shortlands Law Firm
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Deciphering the City Professional’s Income/Contract

We have vast experience in assisting city professionals and their spouses with financial settlements upon the breakdown of their relationship.

The City Professionals usually have complex income packages and employment contracts. Their package can include share options, vested and unvested shares, drawings, dividends and benefits in kind.

The owner of a business may have low income but have extensive assets in the business. We work with professionals to ensure that we understand the full meaning of any packages and/or business set up so that fair settlement can be reached.

When acting for the wife of a city professional we aim to ensure that we are furnished with all the details of income positions now and in the future so that any settlement reached caters for all future income or capital to be achieved.

When acting for the City Professional we aim to ensure that no unreasonable settlement is readily causing difficulties in the future. We aim to take into account any risks they may face.

Our team of expert barristers, forensic accountants, business valuers provide the best advice available to achieve the best for our city clients.

For more extensive advice, please do not hesitate to attend an initial consultation, or email us, or telephone us.

Testimonials

Chief
London
I have found Shortlands an extremely professional and understanding firm. My solicitor Sian Whittaker has always explained proceedings in a manner that is easy to understand and the knowledge and advice given has always been supportive and invaluable.I feel that my work is being handled very professionally and they are very prompt with their replies to my questions. I would not therefore hesitate in recommending them.
 
Lee Kimberley
London
Dear Shortlands, A very big thank you for all your help regarding my case, brilliant service provided and I will be recommending your good name to all who seek legal representation.

Frequently Asked Questions

What can I claim?

There are a wide range of claims that can be made depending on your circumstances.

Please see Your Rights.

How long does it take?

If matters can be agreed than the agreement is filed with the court after the pronouncement of the Decree Nisi.

If matters proceed to court then matters could take six months to a year to settle.

How long will I pay bills and legal costs until settlement?

If you do not have an income than an application for interim maintenance can be made seeking a monthly sum to cover utilities and urgent living expenses as well as fees. The amount received depends on the other party’s income.

Will all the hidden assets/income be disclosed and taken into account?

Absolutely. Full and frank disclosure is sought before any settlement is reached. See Hidden Assets & Disclosure.

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