Ways to Boost SEO by Being Social


Boost SEO by being social, Advocate Capital, Inc. reportsIn marketing and business environments, we are always searching for ways to improve our Search Engine Optimization (SEO) and stay ahead of the competition.


In a recent article by Darwin Digital Content Principal Monica Romeri, the success of SEO in 2014 depends on your business’s ability to create “social” content. Romeri states that “every time your content is liked on Facebook, tweeted on Twitter, “+1ed” on Google+ or shared on LinkedIn, it receives a stamp of approval—boosting its reach, increasing website traffic, enhancing SEO, and inciting greater lead generation and conversion.”


Here are a couple of Romeri’s tips on how to use social media to boost your SEO:


  • Embrace Google+ and AuthorRank: Let’s face it. If you want a better ranking on the world’s top search engine, you have to use more of their products. “Due to AuthorRank, the social media influence and reach of content creators has a major impact on their search rankings.” If you already have a Google+ page for your business, be sure to set up Google Authorship to build a creditable online reputation.
  • Use Coordinated, Social Content Promotion: Once you have created content, social sharing is crucial. “Amplify your social presence with coordinated cross-channel social promotion, which calls for a planned marketing effort across all your social media channels, such as Facebook, Twitter, LinkedIn and Google+.” Always maintain a consistent message but feel free to tailor the content to fit each social media network’s culture.


Click here to read the full article.


Tina Burns

Vice President


IRS Rules Bitcoin Is Property, Not Currency for Tax Purposes


Bitcoin is property according to IRS, Advocate Capital, Inc. reportsAs reported today by Rob Wile, the Internal Revenue Service has ruled that Bitcoin and any other virtual currency are treated as property, not currency.  What exactly is Bitcoin?  Quite simply, digital coins that can be sent through the internet, person to person with no bank or clearinghouse involved.   This short video provides a quick overview.


What does this mean for users?   Every transaction ever made using the digital currency will have to be reported in some way.  Here are a few of the nuances:


  1. Anyone who holds the currency will need to calculate its value from the date it was received to determine whether a gain or loss was realized, and then report the result.
  2. If any Bitcoin mining has been done, the fair market value of the virtual currency as of the date of receipt is includible in gross income.
  3. If you pay anyone in Bitcoin, you must file a W-2.


The good news – the ruling may not stand forever as it also included a request for public comments.   Hopefully, our esteemed tax professionals will identify the many issues created by this ruling as well as proposed solutions.  As we all know, it takes years for formal regulations to be enacted so there is time to perhaps “reshape” the tax treatment of this new money concept.


Read the entire article featured in Business Insider here.


As always, digital progress comes with a price tag and in this case, some interesting and far-reaching tax implications based on the current IRS ruling.


Donna A. Jones

Senior Vice President


Dallas Attorneys File Lawsuits Against Texas Hospital for Allowing Dangerous Surgeon to Operate


Dallas Hospital allow Dangerous Surgeon to Operate, Advocate Capital, Inc. reportsWFAA New 8 in Dallas recently aired an investigative report about Baylor Plano Hospital and allegations that they allowed Dr. Christopher Duntsch to operate on patients despite being warned that he was “dangerous.”


Attorney Kay Van Wey of Van Wey Law, PLLC, filed one of the lawsuits against the hospital. She stated in the interview that after Baylor Plano hired Dunstch, there were “multiple opportunities for them to stop him.” Victims of surgeries performed by Dunstch resulted in paralysis, injuries and death.


Attorney James Girards of The Girards Law Firm described one incident where another surgeon had to intervene during an operation. Girards stated “The altercation was witnessed by hospital staff but never reported.”


With multiple victims and statements from other surgeons, it will still be difficult to hold Baylor Plano accountable. According to Texas law, lawyers cannot just prove “negligence” but they will need to prove “malice” or that “Baylor meant to harm patients when they let Duntsch operate on them.”


(Read the full article and watch video)


Advocate Capital, Inc. supports our clients like Dallas attorneys Kay Van Wey and James Girards who fight to hold doctors and hospitals accountable and bring justice to the victims of medical negligence.


Tina Burns

Vice President


Advocate Capital, Inc. is now an Approved Needles Partner


As seen on Bloomberg Businessweek, Boston GlobeReuters, and Yahoo Finance.


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Advocate Capital, Inc. recently announced a partnership with Needles®, one of the premier software applications on the market for legal case management.


Needles® software provides a wide variety of case management tools including intake process, contact information, docket control, cost management, time tracking, and many, many more.   The software can easily be integrated with any existing platforms and their team provides unlimited training both during and following the implementation process.


“Many of our clients utilize Needles so this new partnership is beneficial to everyone. Our team is now equipped to provide specialized customer service and training for easier implementation of our Case Expense funding program. Another great perk for Advocate Capital, Inc. clients!” says Michael J. Swanson, Advocate’s President and CEO.


“Through this collaboration with Needles we are able to bridge the gap between our AdvoTrac® proprietary cost-tracking software and the law firm’s case management application to ensure maximum benefit of all resources for the law firm,” says Donna Jones, Senior Vice President of Advocate.


AdvoTrac® is a proprietary software platform that Advocate Capital, Inc. uses to track its law firm clients’ lines of credit on a case-by-case basis.  It’s this case-by-case tracking that converts borrowing costs in to reimbursable case expenses that can be recouped by the law firm.  “The cost of borrowing for our clients is zero for the cases that they win or at least get reimbursed for their expenses.  We know statistically this occurs about 95-97% of the time, resulting on a net average borrowing cost of well under 1%.” said Kelly O’Leary, CPA, Vice President, Finance and Administration.  “We are presently tracking over 33,000 cases in AdvoTrac® and the number grows every day.  These cases represent over 33,000 people that our client law firms are helping.”


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 http://www.AdvocateCapital.com.  For more information about Needles®, visit http://www.needles.com/


AdvoTrac® is a registered trademark of Advocate Capital, Inc.


Shane Smith Offers Resource Library for Injured Georgia Citizens


Advocate Capital, Inc. client Shane SmithPracticing in Peachtree City, Georgia, Shane Smith has authored a collection “legal guide series” to help injured citizens of Georgia understand the various types of injury claims and guide them through the procedural aspects of the legal system.  The series of 7 books includes topics like:


•  Personal Injury Guide for Georgia


•  What Every Georgia Slip & Fall Victim Needs to Know

    About Premises Liability


•  What Every Georgia DUI Victim Needs to Know


For the complete publication list and information on how to obtain a free copy of any volume, visit the firm resource library.  There is also a video series available that addresses frequently asked questions.   This is accessible on the video tab of the firm website.


It is always gratifying for all of us here at Advocate Capital, Inc. to see friends and colleagues like The Law Offices of Shane Smith, PC not only providing representation for those injured due to the negligence of others but tools and resources to help victims anticipate and understand the process of our civil justice system.


Hats off to Shane Smith and his team!


Donna A. Jones

Senior Vice President


Medical Malpractice Caps Hurt Everyone


Medical Malpractice hurts everyone, Advocate Capital, Inc. reportsMedical malpractice is the 3rd largest cause of death in America. Behind only heart disease and cancer, medical mistakes in hospitals account for over 440,000 deaths per year.


In a recent interview, Ring of Fire Radio’s Mike Papantonio spoke with American Association for Justice CEO, Linda Lipsen about the serious medical malpractice problem in America, the impact caps on damages are having on all consumers and how the state of California is pushing for change.


“What our nation should be focused on is safety and preventing the injury,” stated Lipsen. “Instead of making it more difficult for patients to recover damages following an act of malpractice, what should be happening is a real renewed commitment to safety and making sure the injury or death doesn’t happen in the first place.”


Lipsen talked about a recent effort in California to reverse a law passed 39 years ago which capped damages up to $250,000. This effort is not to eliminate the law but to tie it to inflation. “I’m hoping once California turns the clock back and creates a fair playing field for all patients that other states will also follow suit.”


(Click here to watch the full interview)


Advocate Capital, Inc. proudly supports the efforts of the American Association for Justice to improve patient safety and keep the public informed.


Tina Burns

Vice President


Mississippi’s Don Barrett Secures $84.9M Settlement for Truckers


Advocate Capital, Inc. client Don BarrettA Federal Judge in Arkansas recently approved an $84.9M settlement in the Pilot Flying J scandal.   The case centered on more than 5,500 truckers who were promised rebates by Pilot Flying J, the nation’s largest retailer of diesel fuel, but never paid the promised rebates.    Owners of Pilot reportedly had no knowledge of the alleged scheme, and worked with Plaintiffs’ attorneys to make things right with the truckers.


Attorney Don Barrett who represented truckers said, “…we couldn’t have had this result in this short amount of time had Jimmy Haslam not stepped up to the plate, said he was going to do the right thing in an honorable way and he did it….”


Attorney Don Barrett’s firm is known  for taking on corporate giants such as big tobacco, Ford and Firestone, food manufactures and countless others to ensure justice on behalf of consumers.   This time he was leading the charge on behalf of truck drivers.  With expert negotiation skills and the eye of a tiger, determined to see a fair settlement for these workers, Mr. Barrett was able to secure a settlement of $89.4M for truck drivers who have dedicated their lives, on the road day-in and day-out, to serving manufactures, retailers and consumers.


Advocate Capital, Inc. is proud to support the great work of trial lawyers like Mr. Barrett and his team of experts who work tirelessly every day to ensure justice on behalf of consumers.


Lisa Wagner

Senior Vice President, Client Services


Net Worth of Americans Exceeds 2007 Pre-Recession Levels


Net worth exceeds pre-recession, Advocate Capital, Inc. reportsEveryone can relate to the pain inflicted by the 2007 – 2009 recession on your home value, investment portfolio and other assets.  But there is some positive news.  The Federal Reserve has charted a steady recovery in US households’ net worth, especially over the last 2-1/2 years.  Even adjusted for inflation, the Federal Reserve is reporting US households have hit a new record high for net worth at the end of the 4th quarter of 2013.  (Net worth = the value of your home, cars, stocks, investments and other assets minus debts and other liabilities.)  Click here to view the full article.


The Advocate Capital, Inc. underwriting process contemplates the net worth of both the law firm and the guarantors.  The importance of an improving net worth cannot be understated.  Our clients practice law, but the reality is they are also running a small business enterprise and an improving economic environment and growing net worth helps their small businesses.


Dan A. Taussig



Trial Lawyer of the Year Nominations Now Open


Public Justice Foundation Trial Lawyer of the Year, Advocate Capital, Inc. reportsNominations are now being accepted for the 2014 Public Justice Trial Lawyer of the Year Award.


Exceptional, socially significant cases that were won or settled between March 16, 2013 and March 16, 2014 are eligible for this year’s award.  Finalists and recipients exemplify how trial lawyers use their skills and determination to create a more just society.


(Trial Lawyer of the Year Nomination Guidelines)


The Public Justice Foundation will announce the finalists for the Trial Lawyer of the Year Award in May 2014. The winner(s) will be announced at Public Justice’s Annual Awards Dinner & Gala in Baltimore on Monday, July 28, 2014.


Please send your Trial Lawyer of the Year Award nominations via e-mail to Catherine Behan at cbehan@publicjustice.net (with the subject line “2014 TLOY Nomination”). Please include the nominee’s name and firm, the name of the case, how you think the case impacts the public interest and why you believe this attorney or litigation team deserves the award.


(Download the Nominee Information Form)


Public Justice will contact the nominees, from whom they will seek specific information regarding their cases and, where applicable, their legal teams.


Don’t delay! The deadline for nominations is Wednesday, April 2, 2014!


Michael J. Swanson

President and CEO


Time Magazine Names Nashville “The South’s Red-Hot Town”


Nashville named The South's Red Hot City, Advocate Capital, Inc. reportsThe Nashville Business Journal recently recognized a feature by Time Magazine naming Music City as the “South’s Red-Hot Town.”  Among the factors noted in his article, Pulitzer Prize-winning author Jon Meacham (recent Nashville transplant) are the city’s strong employment growth, low cost of living (13% less than U.S. average) and overall population growth.  Key industries include health care, entertainment, higher education and government.


To quote Mr. Meacham, “Chief among the takeaways from the Music City’s revival: culture is commerce.”   Here, here – we Nashvillians couldn’t agree more!


To read the entire article in Time Magazine, click here.


Advocate Capital, Inc. is proud to call Nashville home to our corporate headquarters and applauds the continuing efforts and vision of our city leaders.


Donna A. Jones

Senior Vice President


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