Plaintiff then hired Law Firm B to be co-counsel with Law Firm A. Shortly after the preliminary finding Plaintiff began discussing with a lawyer from Law Firm B a possible malpractice case against Law firm A. The arbitration panel then issued a final ruling against Plaintiff.
1 What Is Capitalized Cost on a Balance Sheet?  Interest on an investment is the rate your investment earns on the principal amount. Interest on a debt, such as loan, is the rate you must pay to the lender on the principal amount you borrowed. Capitalized interest is used in both accounting and lending and is the interest added to the principal balance of a loan for a long-term asset. When you make an investment in a fixed-income security, such as a corporate or government bond, you earn interest on your investment.
The effective interest rate, effective annual interest rate, annual equivalent rate (AER) or simply effective rate is the interest rate on a loan or financial product restated from the nominal interest rate as an interest rate with annual compound interest payable in arrears.