Thursday, March 31, 2011

Margill is the ONLY Interest Calculation Software specifically designed for Law

Jurismedia Inc. is at its first ABA Techshow. It is the ONLY company offering software specifically for calculating interest in the Law profession, an often tedious, difficult and easy-to-make mistakes task (and implying profession liability).

Margill interest calculation software is used in over 500 law firms, governments, legal departments and courts in the U.S., Canada and Europe.

Calculations include:
  • Pre and post judgment interest;
  • Simple or compound interest at fixed or variable rates;
  • Exclusive and unique module for judgment collection: include the judgment award court fees, other fees, prejudgement interest;
    • Debtor payments can be regular or irregular
  • Arrears (alimony, rent, salaries);
  • Structured settlements;
  • Late, unpaid tax (IRS);
  • Mortgages and loans.
Margill (www.margill.com/law) even updates the interest rates for all US states as well as the IRS rates and federal post judgment rates that change every week. Over 150 interest tables are updated as rates change.
Margill products are sold in over 27 countries.

By Guest Blogger: Jurismedia Inc. ( Margill Software Solutions )