With Britney and K-Fed both having agreed to a custody settlement, K-Fed's lawyer Mark Vincent Kaplan tells ET that it's only a matter of time before the court signs off on the pact as well.

That will happen "sometime in the very near future," but not before the end of Friday, Kaplan said, adding: "Most importantly, a need to go to trial in August has been averted."

According to OK! magazine, Federline will get sole custody of their two children.