Are you going to the 2016 UAJ Annual Conference in Salt Lake City?

 

Authored By: Rachel Markin

 

uaj-2016Michelle Simms and Dan Taussig will be representing Advocate Capital, Inc. at our booth throughout the entire Utah Association for Justice conference.

 

We invite you to stop by our booth and learn about The Advocate Flexline®.

 

 

The Advocate Flexline® gives contigent-fee law firms the most powerful and effective law firm funding solution ever available!

 

The 2016 UAJ Annual Conference is called, “Trial Without Error: Preparing for and Excelling in the Courtroom.” It will be held October 6th and 7th at the Salt Lake Marriott Downtown. The conference will include discussions about the dramatic decline of the civil jury trial, comprehensive care for personal injury clients and a session on how to develop themes that will lead to victories. The two day conference will offer up to 10.5 CLE hours to attendees.

 

Please don’t forget to visit our booth and register for the Bose Soundlink Mini!

 

See you there!

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Concealed Airbag Incident Surfaces for Takata Corp.

 

Authored By: Iris Garrett

 

Copyright : Anastasiya AleksandrenkoMore bad news for Takata airbags. A recent article on The Hill shows the company failed to inform U.S. regulators about an incident in Switzerland involving a ruptured airbag inflator. Although Takata’s defective airbags have been the topic of the largest auto recall in American history over the past few years, this rupture was different; it dates all the way back to 2003.

 

According to The Hill, the concealed 2003 airbag rupture was brought to light in a Takata Corp. internal report released by the National Highway Transportation Safety Administration. The report linked the incident to an inflator overload issue that Takata claims it attempted to fix. Because of those attempts, the company chose not to share the rupture with the NHTSA. Takata also claims that its American branch was responsible for testing, designing and producing the millions of defective airbag inflators and not the parent company.

 

Now, the NHTSA is forcing Takata to pay up for not immediately reporting the airbag safety problem, but there are many in Washington that say it will take tougher enforcement to end the company’s behavior. Democratic Senators Richard Blumenthal (Conn.) and Ed Markey (Mass.) recently said, “Meager fines do nothing more than change the costs of doing business and provide no meaningful deterrence for continuing reprehensible and irresponsible behavior that costs countless preventable injuries and lives,” (The Hill). They, along with Florida Democratic Senator, Bill Nelson, are pushing for legislation that would impose criminal penalties on automakers that fail to report safety defects and eliminate the cap on NHTSA fines automakers receive for not complying with recall regulations.

 

As the numbers increase for Takata’s airbag issue (so far, more than 28 million inflators have been recalled here in the U.S.), it appears that only time will tell if the lawmakers’ efforts, as well as the NHTSA’s hope for 100 percent compliance for recalled vehicles, will be enough. Just last month, Cars.com reported that several automakers are installing Takata inflators in their 2016 and 2017 models, despite the fact that their use has resulted in 11 deaths and hundreds of injuries nationwide.

 

To read The Hill’s full article, click here. You can also click here to read more recall-related posts on Advocate Capital, Inc.’s blog.

 

Photo Credit: Anastasiya Aleksandrenko
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Meet Advocate Capital, Inc. Client Karl Truman

 

Watch President and CEO Michael J. Swanson‘s interview with Attorney Karl Truman of the Karl Truman Law Office as he shares how Advocate Capital, Inc.‘s case expense financing has helped his firm get even better results for their clients.

 

 

Tina Burns

Vice President

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Spot Your Company Super Stars

 

Copyright : Daniil PeshkovSo often as business owners or managers, we focus our time and attention on the problem employees that require more coaching and training.

 

I recently read with great interest an article on Inc. by Joel Comm titled “The 3 Secret Signs of a Super Employee.” What a revelation!

 

In short summary, there are 3 tell-tale signs that a team member has more talent than he/she is openly demonstrating:

 

  1. Stars mentor naturally. They don’t just get an assignment completed better and faster. They also share their style and technique with co-workers.

 

  1. Stars listen more than they talk. Star employees are NOT the ones that make the most noise at meetings. They are the ones sitting in silence and only contribute when it’s important.

 

  1. Stars really do care. They take as much pride in the company’s work as the owner. They are focused on the business success more than their own.

 

These passions and commitments to excellence may not be measurable but they are certainly observable. Best practice = when you SEE it, PROMOTE it!

 

Advocate Capital, Inc. has a strong culture and commitment to promotion of our team members and is always looking for ways to improve.

 

Donna A. Jones

Senior Vice President

 

Photo Credit: Daniil Peshkov
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Team Hope Becomes “Team Shirley” for 2016 Race for the Cure

 

Authored By Iris Garrett

 

Team Shirley Johnson

Shirley Johnson (center) during the 2014 Komen Nashville Race for the Cure

On Saturday, October 1st, Advocate Capital, Inc.’s Team Hope will become Team Shirley. We will be embarking on yet another exciting year for the Susan G. Komen Foundation’s Race for the Cure! Only this time, we will be doing so in honor of Advocate Capital’s very own breast cancer survivor, Shirley Johnson.

 

Shirley does so much for our team every day and we are proud to be participating in this event to celebrate women like her, as well as honor those who have lost their battle with the disease.

 

So far, we have more than 20 Team Hope volunteers signed up for the 5K walk/run, but it’ll take a lot more than our efforts come October 1st if we want to end breast cancer once and for all. Statistics show one in eight women here in the U.S. will be diagnosed with the disease in their lifetime, and 13 million others will die from breast cancer worldwide in the next 25 years. Team Shirley is hoping to fight those statistics and raise $1,000 to support the Komen foundation and its mission. Will you join with us in this fight? Your donation will not only help us reach our goal, but it will be a powerful contribution to the Race for the Cure and for breast cancer patients everywhere.

 

Click here if you would like to donate to Advocate Capital, Inc.’s team. We appreciate every donation and ounce of support as we prepare for this challenge! You can also take part in the Susan G. Komen Greater Nashville Race or join a similar event in your area.

 

Let’s end breast cancer together!

 

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Free Resources for Consumers

 

President and CEO Michael J. Swanson recently interviewed Karl Truman, of the Karl Truman Law Office about free resources to help educate consumers now available on his firm website.

 

 

Tina Burns

Vice President

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Advocate Capital, Inc. Increases Its Maximum Line of Credit to $5,000,000

 

As seen on MarketWatch and Yahoo! Finance.

 

5million-green-webIt has been an exciting year for Advocate Capital, Inc.! The company gained more than 50 new clients this year (and counting), celebrated its 17th anniversary, and enjoyed a growth of 25% in the last twelve months. Because of this unparalleled success, Advocate Capital, Inc. wants to make it easier for its clients to also grow their law firms and has decided to increase its maximum line of credit from the previous limit of $4,000,000 to a new high of $5,000,000 per qualifying law firm.

 

 

Advocate Capital, Inc.’s nearly 400 law firm clients already benefit from products and services such as its Case Expense Financing, Settlement Funding, Working Capital Loans, and The Advocate Flexline™ (powered by AdvoTrac®). However, the company is committed to providing the very best to the plaintiff lawyers that pursue justice on behalf of their clients and believes by extending the funding a law firm is allowed to borrow, it will enable them to get even better results.

 

“I extend a hearty thank you to our employees, clients and friends who have enabled us to continue our profitable growth trajectory. We are excited about our ability to raise our maximum credit limit by a full 25%,” said Advocate’s President and Chief Executive Officer, Michael J. Swanson.

 

Advocate Capital, Inc. is the premier provider of strategic financial products and accounting services for successful trial law firms. It has served the plaintiff bar for more than 17 years from its headquarters in Nashville, TN and now enjoys a client base that extends nationwide. For more information, visit www.AdvocateCapital.com or call 1.877.894.9724.

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Lawyer Patrick C. Smith Celebrates 5 Years of Highest Possible Attorney Rating

 

Authored By: Rachel Markin

 

patrick-c-smithPatrick C. Smith recently announced he was given the AV Preeminent rating award for the 5th consecutive year. Only 1% of attorneys have received the award for 5 consecutive years. The highly regarded AV Preeminent rating is selected by Martindale-Hubbell and reflects both an attorney’s ethical standards and legal ability.” The more than a century-year-old award is peer designated and considered the “gold standard in attorney ratings.” Only 5% of attorneys have ever been awarded the prestigious rating.

 

 

The Pittsburg, Kansas attorney graduated from Washburn University School of Law and has practiced law for nearly three decades. Patrick C. Smith fights for clients’ rights in Personal Injury cases, specializing in cases involving motor vehicle accidents, medical malpractice and workers’ compensation. He has an extensive track record of successful clients and says he is determined to provide skilled representation, superior client service and compassion.

 

Patrick C. Smith represents the excellent clients Advocate Capital, Inc.’s partners with to hold people accountable for their actions. Advocate Capital Inc. warmly congratulates Patrick C. Smith. We applaud him for his hard work to help people get the full, fair compensation they deserve.

 

Visit Patrick C. Smith’s website for more information.

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101 Reasons to Join the Advocate Capital, Inc. Family

 

ILoveAdvocate.comMany successful plaintiff lawyers will tell you that client testimonials are a powerful tool for growing a law firm. Well, testimonials are also a very effective source of due diligence when selecting vendors for your law firm, similar to the way Yelp reviews help people decide whether they want to eat at a particular restaurant.

 

Testimonials build trust, and though they may seem trivial to a business’s overall performance, they answer a very important question: “Who else is using your services?” Knowing this validates a potential vendor’s abilities and demonstrates why choosing them over the next guy is the right choice.

 

Today, I invite you to visit www.ILoveAdvocate.com to peruse the 101 unpaid testimonials written by our customers. They are real life plaintiff lawyers from all across the country who have taken the time to share with the world how Advocate Capital has impacted their practice and helped maximize results for their clients.

 

Like what you see? You can also start receiving the benefits of using testimonials. It is a special honor to have current and former clients say, “I really felt like this firm cared about me.” It is also a much stronger incentive to hire an attorney offering more than a “We care about our clients” slogan. Andrew Cabasso of the Lawyerist says not only do testimonials add a personal touch that can make your services stand out, they provide honest, positive feedback your firm can use. Click here to read his full article and to start learning ways to get more testimonials for your firm.

 

Advocate Capital, Inc. has been helping plaintiff law firms for nearly 20 years, and we value our relationships with our clients. Although our team is proud to have reached this milestone in client testimonials, we are more pleased that those clients feel the same. We hope to have the chance to earn your business in the near future. Give us a call today at 1-877-894-9724 to get started or visit www.AdvocateCapital.com to learn more.

 

Michael J. Swanson

President and CEO

 

Image Components Credit: siamimages
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Earthquake Shakes Up More than Oklahoma

 

Authored By: Iris Garrett

 

Copyright : Udo SchottenMan-made earthquakes: they are not a unique occurrence. In fact, according to a recent “60 Minutes” report by CBS News’s Bill Whitaker, the state of Oklahoma was rocked by more than 900 of those man-made quakes in 2015 alone. Yet, it is the 5.8 magnitude earthquake that rattled the state earlier this month that will go down as Oklahoma’s worst, both in general terms and by being man-made.

 

Whitaker says many people believe these earthquakes are the result of fracking, or pumping water and chemicals underground to release oil and gas. However, he says it is rather the waste water fracking companies have to get rid of after the fact, which is sent down a disposal well and drilled deep into the earth to a layer called the Arbuckle. The only problem is there are more than 3,000 disposal wells in Oklahoma, and the Arbuckle sits directly above a rock layer filled with earthquake faults.

 

With Oklahoma now seeing dozens of earthquakes occur in a single day, seismologists and other agencies are calling for action. Whitaker says many of them cite the large volumes of salt water injection into the Arbuckle as the greatest factor, and if not greatly reduced, these earthquakes will only continue. The lawyers at Public Justice also see it that way. In a recent article by Executive Director Paul Bland, he says the public interest law firm, along with other top environmental law firms, sent a letter to Oklahoma and Kansas oil and gas companies back in November 2015. In it, they warned that if their waste water activities do not change, “The risk is not only that there are more frequent earthquakes; it is also that those earthquakes have been, and will continue to be, more severe.” Sadly, as evidenced by this month’s historic quake, that prediction has held true.

 

Now, Public Justice has taken even more action by filing a lawsuit on behalf of the Sierra Club, an environmental organization dedicated to exploring and protecting the planet. So far, fracking companies have tried to dismiss the suit claiming they have already made voluntary reductions in waste water injections; yet, according to Whitaker’s report, the amount of waste water drilled down disposal wells in 2015 was triple the amount in 2009 bringing the total to more than 200 billion gallons of water in the last 7 years. Fracking companies also made claims based on a new law that places the state of Oklahoma in charge of regulating all their operations. Unfortunately for the state’s oil industry, this is true. Yet, although Oklahoma leaders have shut down 37 disposal wells in earthquake zones, and the Environmental Protection Agency has shut down another 17 of them, Public Justice says it’s not good enough. The law firm says unless the state fixes this man-made earthquake epidemic, the lawsuit will move forward, and they will continue to urge the courts to take action and put public safety first “before an even larger, stronger and more destructive quake hits.”

 

Photo Credit: Udo Schotten
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