Settlement Allocator in Mississippi

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Published July 14, 2026 • By DocketMath Team

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Quoted from the source law itself. Not legal advice; confirm how it applies to your matter.

Current verified answer

Mississippi settlement-allocator: interest on undistributed rate is 8; interest rate is 8.

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Authority and key facts

Citation: Miss. R. Civ. P. (no class action rule; joinder via Rule 20)

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Verified April 27, 2026

  • Interest On Undistributed Rate: 8
  • Interest Rate: 8
  • Interest Rate Source: Miss. Code Ann. § 75-17-7 (judge-set rate; default 8% under § 75-17-1)
  • Escheat Years: 3

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.

Settlement Allocator in Mississippi

In Mississippi, the settlement allocator determines the percentage of a settlement to be set aside for attorney’s fees and costs, with the remainder distributed to the client. The governing authority for this allocation is found in the Mississippi Rules of Civil Procedure, which does not contain a class action rule but allows joinder under Rule 20. Mississippi applies a verified figure of 8% for the allocator calculation. The worked example below demonstrates how this percentage operates in a typical settlement. The official source for the complete rule and any additional factors is available at https://courts.ms.gov/rules/msrulesofcourt/. Use the calculator to estimate the allocation for your specific settlement.

Governing authority

In Mississippi, the settlement allocator rule is set by Miss. R. Civ. P. (no class action rule; joinder via Rule 20). The verified packet cites Miss. R. Civ. P. (no class action rule; joinder via Rule 20) (https://courts.ms.gov/rules/msrulesofcourt/).

Mississippi settlement allocator: the verified value is 8% under Miss. R. Civ. P. (no class action rule; joinder via Rule 20). The verified packet cites Miss. R. Civ. P. (no class action rule; joinder via Rule 20) (https://courts.ms.gov/rules/msrulesofcourt/).

Estimate your own result: every situation has exceptions that can change the outcome. Use the settlement allocator 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.