Article Abstract:
TimeValue's $149 TValue 4 loan amortization and interest calculation software is a powerful but easy-to-use program. Each transaction uses a TValue document, into which users enter specific parameters including the interest rate and the compounding period, which may occur weekly, monthly or annually. Users then create cash flow lines, which form the framework for the transaction. TValue's helpful interest rate button lets users determine the periodic rate, daily rate and effective annual rate of a loan with the click of a button, after they have entered the nominal annual interest rate. TValue can perform sophisticated calculations such as allocating payments between principal and interest and evaluating interest rate changes, balloon payments or loan points. TValue can also calculate the effect of skipped or extra payments, and the data can be exported to other programs.
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Article Abstract:
Nexal's $119 NexLaw 1.1 WordPerfect word processing add-on software package attempts to improve upon the tools found in WordPerfect, but falls short. This add-on replaces the WordPerfect shell menu system with its own customizable shell. The shell is rather intuitive. It has some case management features including document linking for speedy retrieval. NexLaw's Work Areas special subdirectory facilitates the coordination of files relating to particular cases, clients, attorneys or personnel. The Forms Bank function organizes forms by practice areas. The program's personal information management feature is a simple address card management system for linking documents, clients, names, addresses and matters. The program's features are very useful but carry a steep learning curve. The response time for some functions is very slow since NexLaw runs on top of WordPerfect.
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Article Abstract:
The Poseidon Group's $895 Gryphon Litigation Case & Practice Management software offers an easy-to-use interface that makes organization simple. Gryphon uses the metaphor of a slip of paper, allowing users to enter information on separate 'slips' and keeping all related slips together in a folder. Users may create slips for every document, contact, deadline, telephone call, billing entry or appointment. The Integrated Decision Assistance function retrieves the data, and the fact that the data is linked allows users to jump from one slip to another. The Activities Index lists all of Gryphon's features and gives users access to any function or data element. Gryphon allows users to sort documents depending on the different stages of litigation and to monitor the various relationships in the case. Installation generates multiple error messages, and the program is slow.
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