Filevine’s settlement calculator allows you to create disbursal sheets on the fly, and keep track of previous offers.
How to use the settlement calculator
When you open the section you will be presented with a blank scenario called “New Scenario.” Rename it by clicking and typing in the field that appears.
Click away from the field to commit changes.
Entering Medical Bills and Expenses
To enter medical bills and expenses, simply enter the relevant information in the “provider name” and “amount” fields. Indicate any reductions in the “Red. (%)” column.
To enter a flat reduction amount rather than a percentage, or to enter notes on a reduction, click on the “adj” link seen between the amount and the reduction fields.
Once you are satisfied with the line, click the check mark to commit changes to the calculator.
Your grand total will automatically be updated.
Generate a Disbursal Sheet
To generate a disbursal sheet, simply click the “Word Document” icon found near the top of the section.
If the paper you use to print the letter has your company's letterhead, your disbursal sheet can be an official document of your firm.
Switch Between Scenarios
Every scenario you create will be saved automatically. To switch between them, simply click the drop-down at the top of the settlement calculator section.