Every matter reckoned
to the last dollar.
Tools for the arithmetic behind fees, costs, liens, statutory interest, probate schedules and referral splits. Enter the figures, confirm the deductions, and print a statement headed with your firm's name.
A picture of the JuraSum workspace: a sidebar with Matters, Firm profile, Import and export, Account and billing and the Suite, and a table of five saved matters with the tool each was worked in and its result.
Common errors in closing statements
Five errors that turn up in closing statements prepared by hand or in a spreadsheet, and what each tool does about them.
A fee calculated on gross when the agreement says net of costs, or the reverse, changes the client's check by thousands and invites a fee dispute.
The fee basis is a required choice, and it prints on the statement.
An unpaid Medicare or health-plan lien can be pursued against the attorney who disbursed, not only the client.
Each lien is entered at its original and negotiated amount, and both appear on the statement.
Trust disbursements that do not reconcile to the gross recovery are among the most common grounds for bar discipline.
Every deduction is taken in order from the gross, and the statement balances to the dollar before it prints.
A demand or judgment figure built on an outdated rate or day count is the first number opposing counsel will check.
You set the rate, period and accrual method, and each prints beside the figure.
A formula carried over from a prior case keeps its old percentage, rate or schedule without warning.
Every matter starts from the tool itself, with each assumption shown on the page.
The JuraSum Suite
Choose the tool that matches the matter.
The JuraSum Standards of Practice
Calculations run in your browser. Once you set up a vault, each matter you save is encrypted on your computer before it is stored, so it is available wherever you sign in and readable only by your firm. JuraSum holds the stored copy and cannot open it. Data handling
Interest rates, statutory schedules and day-count conventions vary by state and change over time. Where a tool fills in a schedule or a default, you confirm or change it. You enter or confirm each one, and it prints on the statement beside the authority you cite.
Each statement is headed with your firm's name, sets out the figures in order, and carries one small credit line at the foot.
A settlement is reduced by the fee, then costs, then liens. An estate is taken through a statutory schedule. A judgment accrues interest. Each tool lays out these steps in the same order, so a tool you have not used before will still look familiar.