Financial Times FT.com

Divorce hedge-fund style a boon for lawyers

By Brooke Masters in New York

Published: May 31 2007 03:00 | Last updated: May 31 2007 03:00

The massive infusion of cash into the so-called hedge fund communities in New York, Connecticut and California has proved to be fatal to many marriages - and a windfall for lawyers, psychiatrists and forensic accountants who specialise in the super rich.

"There is no question that a huge infusion of wealth to relatively young people has a disastrous effect on the marriage's stability," says Bern Clare, a Manhattan divorce lawyer.

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