Calculate. Regret. Recalculate.
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Interest that doesn't compound. Good for calculating prejudgment interest on a flat rate, or explaining to a client why their judgment grew while their attorney didn't call.
Formula: I = P × r × t | Total = P + I
The eighth wonder of the world, per someone who definitely had something to sell you. Useful for trust accounts, structured settlements, or watching your debt achieve escape velocity.
Formula: A = P(1 + r/n)^(nt)
Walk a gross settlement down to your client's net. Add liens, costs, and other deductions. Your client will still be surprised by the number — but at least you'll have a clean breakdown to point at.
Enter each timekeeper's hourly rate and hours worked. The lodestar is the product of rate × hours — the starting point for any fee petition. Add a multiplier if the court applies one (most don't, but some do, which feels great).