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Divorce Software Helps Increase Clientele and Profitability

Posted On : Nov-28-2011 | seen (582) times | Article Word Count : 551 |

The way divorce and family law are framed, it can be quite a time consuming exercise for a divorce lawyer in the US to calculate various divorce settlements manually or using a worksheet.
The way divorce and family law are framed, it can be quite a time consuming exercise for a divorce lawyer in the US to calculate various divorce settlements manually or using a worksheet. It takes up a lot of time and detracts from his all important cases. With so many divorce settlement software packages now available, jumping at the first one without considering its features could soon lead to frustration and disappointment. Choosing the right divorce software, especially one that has all the features necessary with modifications to conform to specific State laws will help a divorce lawyer increase clientele and profitability.

A divorce settlement software package under consideration must have a basic set of features. For starters it should have an easy to use interface and a single point data entry. It helps to have divorce financial settlement include automatic federal tax increases and all federal and state tax calculations. At the very least a divorce lawyer should look for tax optimized settlements, alimony and alimony plus child support, alimony analysis, alimony buyout, pension valuation, distribution of assets and liabilities and lifestyle analysis in a divorce software. The right software will show the after tax impact of alimony payments, calculate spousal support payments considering the custodial parent’s budget after tax and compute the payments based on credit card or bank statement transactions by doing a lifestyle analysis. Look for software that has the ability to come up with various what if scenarios and generates divorce settlement statements considering monthly alimony against a lump sum option. Lawyers will expect the software to do all this and generate reports, charts and documents for clients, opponents and the court. Naturally, it should be able to compile and save all reports in Word, Excel or PDF formats.

Divorce settlement calculations are complicated and time consuming. A divorce settlement software that can immediately show various implications and generate reports with a single point entry of key data is one that will improve productivity, impress a potential client and convert him or her and leave lots of time for the lawyer to take on new cases and improve cash flow.

Divorce law and family laws are interlinked and states within the US have their guidelines in respect of child custody, support and other factors involved in a separation. Lawyers in Arizona should consider Arizona divorce software that integrates new guidelines effective June 2011 in respect of child support calculations. Similarly lawyers in New York would look for New York divorce software that automates New York divorce forms, generates a New York statement of net worth, temporary maintenance worksheet and child support worksheet form UD-8. Lawyers in Pennsylvania need Pennsylvania divorce software to include tax, spousal support and child support statements in accordance with the state’s guidelines. NJ divorce lawyers find NJ divorce law software to generate case information statements, child support, custodial and non-custodial and related worksheet calculation statements automatically in conformance with the state’s laws.

By choosing comprehensive, well thought-out and implemented divorce software with an easy to use interface plus the ability to generate reports and documents helps divorce lawyers save time, handle more clients and improve cash flows. The cost of the software is repaid within a few months.

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Keywords : divorce financial settlement, New York divorce software, divorce settlements, Pennsylvania divorce software,

Category : Business : Management

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