Also rounding out the cast are Brit Marling and Jonathan Pryce.
Glenn Close, who was already previously signed on for the project, will star as Joan Castleman, a wife who decides to leave her husband Joe (Pryce) on the eve of him receiving the Nobel Prize for literature.
Slater will play a determined biographer who becomes the catalyst prompting Joan’s decision to leave her husband while Lerman fills in as the couple’s troubled son, David.
Marling is slated to play a younger Joan and her weary mentor will be portrayed by McDormand.
Directed by Björn Runge, the film will begin shooting this fall with Anonymous Content Founder Steve Golin executive producing.
Anonymous Content’s Rosalie Swedlin, Meta Film Stockholm’s Meta Louise Foldager, Maria Dahlin and Gila Ulfung will produce “The Wife.”
The film’s screenplay was written by the award-winning Jane Anderson and adapted from Meg Wolitzer’s novel of the same name.
CAA and WME Global are co-representing the U.S sale while Embankment Films will oversee international sales at the European Film Market.