This page provides general legal information and calculation tools, not legal advice. DocketMath is not a law firm and does not provide legal representation, and using this site does not create an attorney-client relationship. Laws change and exceptions apply, so deadlines and amounts specific to your situation should be confirmed with a licensed attorney in your jurisdiction.

Offer Of Judgment Analyzer in Illinois

In Illinois, an offer of judgment analyzer applies the statutory interest rate of 9% under 735 ILCS 5/2-1116, as implemented through Ill. Sup. Ct. R. 219. Rule 219 governs the procedure for offers of judgment, while Section 2-1116 sets the post-judgment interest rate at 9% per annum on the entire judgment amount. The rule establishes the framework for calculating interest from the date the judgment is entered, using the pinned 9% rate. The worked example below demonstrates how the formula applies. For your specific case, use the DocketMath calculator to estimate the interest based on your judgment date and amount. The official source at the Illinois courts website provides the full text of Rule 219 and the statute.

Governing authority

In Illinois, the offer of judgment analyzer rule is set by Ill. Sup. Ct. R. 219 + 735 ILCS 5/2-1116. The verified packet cites Ill. Sup. Ct. R. 219 + 735 ILCS 5/2-1116 (https://www.illinoiscourts.gov/courts/supreme-court/supreme-court-rules/article-ii/).

Illinois offer of judgment analyzer: the verified value is 9% under Ill. Sup. Ct. R. 219 + 735 ILCS 5/2-1116. The verified packet cites Ill. Sup. Ct. R. 219 + 735 ILCS 5/2-1116 (https://www.illinoiscourts.gov/courts/supreme-court/supreme-court-rules/article-ii/).

Estimate your own result: every situation has exceptions that can change the outcome. Use the offer of judgment analyzer calculator to estimate your specific figure.

This page provides general legal information and calculation tools, not legal advice. DocketMath is not a law firm and does not provide legal representation, and using this site does not create an attorney-client relationship. Laws change and exceptions apply, so deadlines and amounts specific to your situation should be confirmed with a licensed attorney in your jurisdiction.