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 Missouri

Under Missouri Supreme Court Rule 77.04, the statutory interest rate applied in an offer of judgment analysis is 9% per year. This rule governs how prejudgment interest is calculated when a party rejects a settlement offer and later obtains a more favorable judgment. The interest accrues from the date the offer was rejected, and the court uses the 9% rate specified in the rule to compute the amount. The official source provides the exact text of the rule, including any factors or exceptions that may apply. The worked example below illustrates how the 9% figure is applied in a typical calculation. To determine how this rule affects a specific case, use the offer of judgment calculator to estimate the result.

Governing authority

In Missouri, the offer of judgment analyzer rule is set by Mo. Sup. Ct. R. 77.04. The verified packet cites Mo. Sup. Ct. R. 77.04 (https://www.courts.mo.gov/courts/ClerkHandbooksP2RulesOnly.nsf/c0c6ffa99df4993f86256ba50057dcb8/4d34f0d8b2bca65686256ca600522566?OpenDocument).

Missouri offer of judgment analyzer: the verified value is 9% under Mo. Sup. Ct. R. 77.04. The verified packet cites Mo. Sup. Ct. R. 77.04 (https://www.courts.mo.gov/courts/ClerkHandbooksP2RulesOnly.nsf/c0c6ffa99df4993f86256ba50057dcb8/4d34f0d8b2bca65686256ca600522566?OpenDocument).

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.