Advocate Capital, Inc. Participates in the Race for the Cure Walk



On Saturday, October 27, Team Advocate Capital participated in a 5K walk to raise awareness and funds to help support the Susan G. Komen Race for the Cure.


As a team, ACI raised a total of $1,770! We would like to extend a huge amount of gratitude to our employees, friends and family who helped make this possible.


Another, big thanks to those who completed the walk…


Taylor Herrgott (Team Captain)


Tina, Greg, & Luke Burns


Debbie Ivey & Lynn Malone


Laszlo Kovacs & Stephanie McGrath


Abbie & Scott Stofel


Kate Yow & Pete Reding


If you would still like to make a donation to this worthy cause you can visit the ACI donation page. You can also find ways to get involved in your local community here.


Michael J. Swanson

President  & CEO


7 Steps for Optimizing Your Law Firm’s LinkedIn Page


For the last few months LinkedIn has presented one new upgrade after another. With a sleeker design and features such as endorsements, LinkedIn is managing to keep the edge it needs to compete with the ever changing and business friendly social platforms such as Google+ and Facebook.


The upgrades continue to roll out, and as of September, company pages have gotten a facelift. This is good news for business and especially law firms. Not only are the pages more attractive but they are making it easier to share more information about your law firm.


Here are 7 steps that Bryden McGrath, Social Media Strategist, recommends for optimizing these new features for company pages…


Step 1: Optimize the basics

Step 2: Optimize the new cover image

Step 3: Add designated page administrators

Step 4: Post updates and target audiences

Step 5: Add job listings

Step 6: Add services

Step 7: Measure your pages success with insights


For more detailed information on implementing these steps, click here.



Tina Burns

Vice President


David Hoey Interview – Part One


Click on the video to watch part one of Mr. Swanson’s recent interview with David Hoey of  The Law Offices of David J. Hoey, P.C in North Reading, Massachusetts.





Bad Businesses Dodge Penalties Even if a Court Finds They Have Defrauded Consumers.


Copyright: <a href=''> / 123RF Stock Photo</a>At least that’s the case in the state of Ohio and dozens of other states around the country.   The Consumer Sales Practices Act of Ohio allows businesses to avoid penalties due to the loopholes in these new laws, even after a finding of fraud. The Act forces the consumer to accept arbitration that is obscured in the fine print of lengthy consumer agreements.  I talked about this issue in a blog back in March 2012.  Unfortunately, this is a growing problem. Many states around the country are allowing laws to be enacted under the guise of what they call, “Fair Business Practice” legislation.  With these changes many companies are adding a binding mandatory arbitration clause to consumer contracts. Thus taking away the rights of the consumer to have their case heard in court.  This is happening everyday with user agreements for your phones, cable TV, credit cards, student loans, along many other consumer related products and services.


Jack Landskroner, Cleveland attorney and President of the Public Justice Foundation was recently quoted in The Cleveland Plain Dealer as saying, “They’re closing the courthouse doors so people can’t get access.”


But there is some hopeful news, there is current legislation pending in the US Senate referred to as the Arbitration Fairness Act.  The original legislation was introduced by Senator Al Franken – (D – MN.) in March of 2011.  Since then, various newer bills have been introduced that are “pieces and parts” expanding the legislation on such things as a student loan bill.  The ultimate goal of this legislation is to put an end to forced arbitration in consumer and employment contracts. Hopefully it will give some rights back to the consumer that have been taken away in recent years.


Dan A. Taussig



Photo Credit: 123RF Stock Photo

Advocate Capital, Inc. is Named One of the Top Small Businesses by Business Leader



As Seen on Yahoo Finance, Nashville Business Journal and Reuters




An Achievement Based on Success

(Nashville, Tenn. – October 22, 2012) – Magazine publication and radio broadcasting station Business Leader has named Advocate Capital, Inc. as one of the top small business in the south. Ranked from a pool of 300 businesses, Advocate Capital, Inc. was positioned ninth in the Nashville market and number forty-eighth in the southern part of the United States.


Each year, Business Leader ranks the top 300 small businesses of the West and South. Rankings are based on financial performance, business achievement, and community involvement.


“It was a wonderful surprise to be honored in this way.  We had no idea that we had even been nominated.  I think it is an awesome tribute to our team here in Nashville.” said President and CEO, Michael J. Swanson.


Today, Advocate is by far the most active lender in the law firm funding industry. While the business continues to grow in profitability, Advocate has also created an environment for job growth by employing more staff to help with their ever growing family of clients.


Their reputation as ‘the best’ in the industry continues to build momentum. This year alone, Advocate Capital, Inc. was honored with two Telly awards for their video marketing piece titled, Case Expense Financing. They have also been recognized in many readers’ choice polls for best litigation funding company.


While maintaining growth and recognition, Advocate Capital, Inc. has also made it a priority to be an active and responsible corporate citizen. On Earth Day 2012, they launched their ‘Green Initiative’ turning their company into an environmentally sustainable operation. They are also committed to community involvement and participated in the American Lung Association 2012 Fight for Air walk and will be walking for the cure in the Susan G. Komen Breast Cancer Awareness Walk this fall.


Advocate Capital, Inc. is the premier provider of strategic financial products and accounting services for successful trial law firms nationwide.  They serve the plaintiff bar from their headquarters in Nashville, Tenn. and now enjoy a client base that extends nationwide. For more information, visit


Tina Burns

Vice President


Here We Grow Again!


Photo Credit: CraigTaylor74 via FlickrWe are pleased to announce that Billie Hardison has joined the Advocate Capital, Inc. team as Accounting Specialist I.  Billie comes to us with over 12 years of experience working in imaging, accounting and finance.  Her background will be put to good use as she serves in the accounting department.  She will also be assisting with customer service.  We are glad to have her with us and know that she will be a great asset!  Welcome, Billie!


Kelly A. O’Leary, CPA, CGMA, MBA, CITP

Vice President, Finance and Administration


Photo Credit: CraigTaylor74 via Flickr

Florida Supreme Court to Decide on Arbitration Issue


A recent article in the Florida Times-Union discusses an upcoming Florida Supreme Court case in which the court will decide the legality of arbitration agreements that patients are asked to sign prior to receiving care from some providers.  The arbitration agreements are contracts that essentially limit the right to a trial by jury and limit damages for patients who are victims of medical malpractice.


Opponents of these agreements argue that patients often have no idea what they’re signing and what rights they are relinquishing. Proponents argue that the agreements are binding legal contracts that are needed to cut down on medical malpractice costs.


The case which was heard by the Florida Supreme Court on October 3rd involved Jacksonville resident, Joseph Franks, who signed a four page “financial agreement” prior to hernia surgery.  On page 2 of the agreement, there was an arbitration clause.  He later died after complications from the surgery.  His wife sued, and after two lower courts ruled in favor of North Florida Surgeons (defendant), the case is now in front of the Florida Supreme Court.


According to the article, Florida law is “murky” on the legality of these arbitration agreements.  The court can overturn the contract if it deems it’s against Florida’s “public policy,” which is set by the Legislature.


Both the Florida Medical Association and the Florida Justice Association have filed amicus briefs in the case, underscoring not only its medical, but its political significance.


The full article can be read here.


Paul B. Myers
Chief Credit Officer


Photo Credit: (Flickr/Juli)

Gary Gwilliam Interview – Part One


Click on the video to watch part one of Mr. Swanson’s recent  interview with Gary Gwilliam of Gwilliam, Ivary, Chiosso, Cavalli & Brewer in Oakland, California.






Texas Construction Site Accident Case Settled for $2.825 Million


Congratulations to Harry S. Bates, his team and his client on this tremendous settlement.  The Bates Law Firm undertook the representation of Mr. Lane when he was severely injured in this construction site accident resulting in the amputation of his left lower leg.


The primary defendant was an underground utility contractor who was installing water and sewer pipe at a new residential subdivision.  Co-defendants included the plaintiff’s employer and the pipe manufacturer.  Mr. Lane’s injury occurred when the primary defendant was unloading the pipe delivered by Mr. Lane while in the course and scope of his employment as a long haul truck driver.  The forklift operator attempted to unload the pipe improperly causing the pipe to fall from the trailer bed onto Mr. Lane.  The utility contractor alleged Mr. Lane was in the “zone of danger” and was responsible for his injuries.


The defendants engaged in a series of multiple finger-pointing tactics on both liability and damages.   However, testimony by several of the defendants’ own employees ultimately confirmed the liability of the Defendant.


As if having the lower portion of his left leg amputated wasn’t a devastating enough injury, Mr. Lane was also diagnosed with severe complex regional pain syndrome by five (5) of his treating physicians and is scheduled for implantation of a spinal cord stimulator.  He has been unable to return to any type of employment since the accident.  He will clearly be unable to return to work as a long haul driver since he is required to pass a physical and cannot take any type of narcotic pain medication under the Federal Motor Carrier Safety Regulations.  Damages included medical expenses at nearly $700,000, past and future lost earning capacity at $150,000 and competing life care plans ranging from $300,000 to $2MM.


Harry Bates is the founder of The Bates Law Firm and focuses his practice exclusively on personal injury and wrongful death cases.   He was named a 2010 Texas Super Lawyer and is a member of the American Board of Trial Advocates.


Advocate Capital, Inc. is proud to support trial lawyers like Harry Bates as they pursue justice on behalf of people who are injured due to the negligent acts of others.


Donna A. Jones

Senior Vice President


Dallas Attorney, Jeff Rasansky, Dancing with the Stars


Jeffrey Rasansky, founder of Rasansky Law Firm in Dallas, Texas is not only a fierce advocate for people who have been hurt or injured, he’s a true advocate for the community at large. On November 3rd, Jeff will show his support for his community as he takes part in the Jewish Community Center of Dallas’ final season of their version of Dancing with the Stars.  The event benefits the Aaron Family Jewish Community Center in Dallas.


If you’re local to Dallas, join Jeff and his friends for a night of dinner and dancing at the Omni Dallas Hotel.  Tickets are still available.  If November 3rd is already booked on your calendar or you’re not local but would like to show your support and help Jeff raise funds for the Aaron Family Jewish Community Center, you can click here for ways you too can contribute and make a difference in the community.


What a fun way to help support your community!  Please join Advocate Capital, Inc. as we wish Jeff great success!


Lisa Wagner

Vice President


Case Expense Financing at a Net Cost of Less Than 1%*

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