How does independent legal advice (“ILA”) work and what does it cost?

ILA is more than a lawyer witnessing your signature; it is necessary to meet the legal requirements for a valid agreement when couples are separating, divorcing, or starting out. Your lawyer will review your agreement and your situation, ask about the negotiation, and review the financial information exchanged. Your lawyer will talk to you about your rights and obligations - and those of your partner - as well as confirm your understanding of the agreement’s terms. Finally, your lawyer will explore other settlement options with you and advise of the risks (or benefits) of accepting or renegotiating the agreement or taking your situation before a court. ILA takes time and often requires more than one meeting. The cost will depend on whether there is missing information or changes needed. Upon doing these things and your lawyer being satisfied that you are acting voluntarily, he or she may decide to sign the ILA certificate.