We've come a long way, baby. Women are finally at a point in time when they have some assets to protect and some income to brag about.
A news release issued today says an overwhelming 73% of divorce attorneys cited an increase in prenuptial agreements during the past five years in a recent poll of American Academy of Matrimonial Lawyer (AAML) members. In addition, 52% have noted an increase in women initiating the requests.
That comes on the heels of this announcement from the BLS: The earnings gap between men and women has shrunk to a record low, partly because many women are prospering in the new economy and partly because men have been hit hard by the recession. Men are losing their jobs at a faster rate than women in the recession. They are staying unemployed for long periods of time and they're taking jobs that pay less than their previous salaries. I think that's been a wake up call for women.We finally realize that we increasingly are becoming the breadwinners.
Is that what's driving this new interest from women in pre-nups. You bet it is. Pre-nups have long been a controversial topic as women debated whether or not to sign them. But now it's reversed. We are working hard for the bacon. We finally realize we want to hold on to it. The big question is: how will men react?