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Post Judgment Interest

I had the pleasure today to compute post judgment interest in a case we won at trial and on appeal. Maryland’s post-judgment interest rate is 10%. Unfortunately, the interest does not compound so the real rate of interest declines over time. In fairness to parties that win at trial only to have the case unnecessarily delayed by endless appeals, it would make sense to increase the post-judgment interest rate over time. Of course, the changes this gains momentum in the Maryland legislature is the same as LeBron James selecting the University of Maryland tonight.