Legal Interest Monitor1.0

Excel workbooks designed to run under Excel 97, 2000 or higher, that feature: a completely 'Flexible' daily display and accounting for up to 10 client accounts per file; a summary sheet reflecting a combined accounting of all 10 individual accounts; an ending balances sheet to print off for ease in transfer to a new year's file and a monthly payment calculator sheet. Worksheets manage one year of all transactions and interest charges on a daily basis, with provision to easily and quickly transfer balances to a new year's file for continuing accounts. This complete set of workbooks is designed to assist the user in keeping accurate record of all transactions and individual interest charges on a daily transactional basis for the most common types of accounts and client funds managed. There are 6 workbooks in the licensed package, which provides for monitoring up to 10 client accounts per file, and additional files are available which will allow up to 25 individual accounts per file. A complete help file is included with critical instructions and recommendations. Why the need? A legal case, Burrow v. Arce, 997 S.W.2d 299 (Tex. 1999), deals with specific issues of breach of fiduciary duty. While this case isn't specifically about interest on clients' money, it is about fee forfeiture consequence of doing things wrong, and while it doesn't really apply to 'case interest', the punishments do. The ruling makes it possible for clients to recover all or part of the fees, which professionals such as attorneys earned on their case if their fiduciary duty is found to be breached. Hence, there is a great need for a means to accurately keep an accurate accounting of clients funds and any interest charges. Additional information is available on the authors web site.