Advocate Capital, Inc. Law Firm Financing Blog

Law Practice Management Stories

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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How Will You Get Your Medical Bills Paid After an Accident?

 

President and CEO Michael J. Swanson interviews Karl Truman, of the Karl Truman Law Office, about how a personal injury attorney can help you get your medical expenses paid after an accident.

 

 

Tina Burns

Vice President

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2016 CAALA Las Vegas Convention, Amazing!

 

caala-blog-2016Over the Labor Day weekend Advocate Capital, Inc exhibited at the CAALA Las Vegas Annual Convention. I was completely blown away by this amazing convention! I’ve represented Advocate Capital at many conventions over the years but this year was my first year at CAALA. Kwedi Moore and her team are amazing! The convention is well executed with a lot of emphasis on a good experience for attendees and exhibitors.

 

CAALA’s themes help boost exhibitor creativity. This year’s theme was “Celebrate America” and we took full advantage with American flags, star lights and Lady Liberty crowns. The exhibit hall setup encourages conversation and brings an energy like none other. There was no rest for the weary!

 

I was able to finally put a face with a name regarding several of our California clients. I’ve had numerous conversations with them but not the pleasure of actually meeting them. Lynne Cushing was busy as could be meeting new prospects and making new friends.

 

Lynne Cushing and I thoroughly enjoyed our experience at CAALA and we are looking forward to next year’s convention.

 

Click here to view the Facebook album and Google + album.

 

Tina Burns

Vice President

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Woes Continue for Mylan Pharmaceuticals – Maker of EpiPen®

 

Copyright : Amy KerkemeyerLast month Mylan Pharmaceutical CEO, Heather Bresch, was forced to defend the sharp increase in the price of an EpiPen while her salary skyrocketed to $19 million. Bresch deflected by claiming the rise in the price was due to improvement in the pens and Mylan having to pay the “middle man.”

 

According to pharmaceutical industry insiders, Mylan is paying “no more than $30 per EpiPen.” The “middle man” gross profit of the EpiPen is close to $326. How was Mylan able to gross approximately $275 per EpiPen while squeezing out generics? According to Adam Fein, president of Pembroke Consulting, “Mylan ended up with a monopoly because of the failure of the government and competition to put viable alternatives on the market, and they aggressively increased prices last year.” The increase in the price has outraged consumers and lawmakers alike including Bernie Sanders. Mr. Sanders emailed a statement to NBC News stating,

 

There’s no reason an EpiPen, which costs Mylan no more than $30 to make, should cost families more than $600. The only explanation for Mylan’s outrageous price increase is that the company values profits more than the lives of millions of Americans.”

 

Mylan is now facing a firestorm of backlash over the price of the EpiPen. U.S. Senators Richard Blumenthal and Amy Klobuchar requested the US. Federal Trade Commission issue a subpoena to Mylan regarding the pricing of the EpiPen.  In addition to the subpoena, New York Attorney General Eric Schneiderman announced his office is investigating Mylan’s EpiPen4Schools® project for potential violation of antitrust laws.  Allegedly, the contracts the participating schools signed may have contained purchasing requirements. Schneiderman states,

 

If Mylan engaged in anti-competitive business practices, or violated antitrust laws with the intent and effect of limiting lower cost competition, we will hold them accountable. Allergy sufferers have enough concerns to worry about. The availability of lifesaving medical treatment should not be one of them.”

 

Following the subpoena and anti-trust investigation, an Ohio woman filed a proposed class action lawsuit in the Court of Common Pleas in Hamilton County, OH. The suit contends the skyrocketing price of the Epi-Pen violates the state’s consumer protection law. The complaint says,

 

…the price increases violated the Ohio Consumer Sales Practices Act, which prohibits “unconscionable” acts in connection with consumer transactions, including taking advantage of a consumer’s “physical infirmities.”

 

Mylan has denied there are no purchase requirements for participation in the program stating, “Ensuring access to epinephrine- the only first-line treatment- is a core part of our mission.”

 

Only time will tell if Mylan will do the right thing by consumers and lower the price of the EpiPen. We at Advocate Capital, Inc. support the work done by trial attorneys across the US as they fight to hold corporations, including big pharma companies accountable.

 

Michelle D. Rigsby

Executive Client Manager

 

Photo Credit: Amy Kerkemeyer
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A More Cost Effective Solution to Litigation Funding Investments

 

Copyright : kbuntuPrompted by high-profile celebrity cases, you may have noticed a lot of recent news or talk about litigation finance or litigation finance investment vehicles. What is litigation finance?

 

Litigation finance often involves hedge funds or other investment vehicles with lending structured toward a particular case or group of cases as a means to fund the costs and often fees associated with a specific cause of action or litigation. The wheels of justice turn slowly and as anyone in the business knows, there is no such thing as “a sure thing.” In short, case costs can be extraordinary, there are inherent risks and funds can be tied up for long periods of time. Most litigation investment vehicles mitigate the risk of an unfavorable outcome and the possibility of the long-term investment by lending at high interest rates.

 

There is however, a much more strategic and cost effective approach to litigation funding. Advocate Capital, Inc. has been providing strategic financial solutions to Plaintiffs’ attorneys for nearly two decades at rates that represent a win-win for both the law firm and their clients. In fact:

 

Our mission is to help an ever-increasing number of plaintiff lawyers get even better results for their clients.

 

What makes the Advocate Capital, Inc. solution different and more cost effective than other litigation financing investment vehicles? It’s simple. AdvoTrac®. We provide commercial lines of credit to contingent-fee law firms – some of the best and most successful law firms all across the U.S. Our clients utilize the established line of credit to fund all of their case costs as opposed to one or two big cases, significantly minimizing the risks (and cost) inherent to funding one or two big cases. Through our proprietary software, AdvoTrac®, we are able to track the case costs on an individual case-by-case basis, allowing the law firm to recover the borrowing costs as an ordinary case cost, resulting in a net borrowing cost to the law firm of < 1%. This strategic approach spreads risks, significantly minimizes costs for the law firm and the client and frees up the hard-earned revenue lawyers have tied up in case costs.

 

Want to learn more about how the Advocate Capital, Inc. product can make a difference for your law firm and your clients? We would be happy to share even more strategic financial benefits available to Advocate Capital, Inc. clients. Call 877.894.9724 or click here to learn more.

 

Lisa Wagner

Senior Vice-President, Client Services

 

Photo Credit: kbuntu
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Advocate Wellness: Walking to Cleveland…340,000 steps and counting!

 

walking-louisville-blogWe are still walking, yes indeed we are!

 

Congratulations to our Quality Assurance Analyst Buffy Escue and our Director of Special Assets Laszlo Kovacs for being our most improved walkers to arrive in Louisville, Kentucky! They were awarded with customized miniature Louisville Slugger bats commemorating their accomplishment.

 

Here are some company-wide challenge statistics to share as we pass Louisville:

 

•    Louisville is 377,000 steps from Nashville, Tennessee.

 

•    We have taken more than 5.7 million collective steps in our journey to Cleveland, Ohio.

 

  • This equates to over 220,000 extra calories we have burned (that is the equivalent of 62 pounds!).

 

We as a company are so very excited at our progress. Stay tuned for more updates to come!

 

In the meantime, we are going to keep on keeping on and walking!

 

Congratulations, Buffy and Laszlo!

 

Jeff Glueck

Vice President – Business Development

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It’s Football Time in Tennessee!

 

The Advocate Capital team gathered together for lunch on Thursday, August 25th to celebrate the kickoff of football season and the beginning of our 2nd Annual Fantasy Football League.  We had some great Nashville Hot Chicken from Hattie B’s, learned how our league will work this year, and had the firm smatterings of smack-talk. Should be a great year with 30 of our associates competing!

 

To see all our photos from the event, visit our Facebook and Google + pages!

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How Much Does It Cost to Hire a Personal Injury Lawyer?

 

President and CEO Michael J. Swanson interviews Karl Truman, of the Karl Truman Law Office, about contingency fee law firms and how they help open the doors to the courtroom for individuals who otherwise could not afford representation.

 

 

Tina Burns

Vice President

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Labor Day: A Look Back

 

Authored By: Iris Garrett

 

Labor Day Hand

It’s back to work for many of us now that Labor Day has come and gone, but have you ever stopped to think why you get the holiday off? It’s because Labor Day has a distinct place in American history.

 

According to the Department of Labor, the holiday was created to celebrate “the contributions workers have made to the strength, prosperity and well-being of our country.” However, though its objective may be clear, the realization of Labor Day was not as cut and dry. The holiday is deeply rooted in the labor movement of the 1800s, particularly an organized parade held in New York on September 5, 1882. Noah Ryman of Time Magazine says it was on that day that union leaders called for a “monster labor festival” which ended up attracting nearly 10,000 marchers. Not long after that, the first Monday of September was chosen to be the unions’ “workingmen’s holiday,” but there were still a few obstacles to face before the entire country would officially celebrate the day.

 

One of those obstacles was the Haymarket Affair, which brought about a similar yet unofficial holiday, International Workers’ Day. On May 4, 1886, a peaceful protest over long hours turned deadly when someone threw a bomb and killed a Chicago police officer. Ryman says authorities still don’t know how many others were killed that day, but four people allegedly tied to the incident were hanged. Less than a year later, the Department of Labor says Oregon became the first state to recognize Labor Day as a holiday, and in 1896, President Grover Cleveland declared it a national one. The May date, however, is only officially celebrated in other countries as a day to honor workers.

 

It has been 120 years since the Labor Day declaration, but many of the same challenges that faced workers then are still being fought now. Fortunately, like unions, there are many plaintiff law firms out there hoping to protect workers’ rights and help them overcome issues like wrongful termination, discrimination, or harassment. Advocate Capital, Inc. supports the plight of those lawyers and the clients they serve. We hope that you will join us in celebrating their work, as well as all the social and economic achievements of American workers around the country, not just on Labor Day, but every day of the year.

 

 

Photo Credit: yupiramos
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Ron Netemeyer and Jill Harper obtain a $2.45M Settlement

 

Advocate Capital Inc. clients Ron Netemeyer and Jill Harper obtain a $2.45M SettlementCongratulations to Advocate Capital clients and friends Ron Netemeyer and Jill Harper of Harper, Evans, Wade & Netemeyer on obtaining a $2.45M settlement for their client.

 

The Plaintiff is a 64-year old Purchasing Agent for a pipeline construction project who was living on the job-site in his motorhome. When the Plaintiff was setting up his motorhome, he contacted an oil company to hook up a large external propane tank. As the weather cooled, the Plaintiff had trouble with the furnace and contacted an RV Sales & Repair company to perform the repairs.

 

The company diagnosed the problem and ordered the proper replacement parts. Without notifying the Plaintiff, an employee later went back to the motorhome and removed the internal components to the furnace, exposing an open gas line. The employee failed to finish the repair and left the motorhome without leaving any warning that repairs had begun or that a gas line was left open.

 

Soon after the Plaintiff arrived home, the motorhome exploded and caught on fire. The Plaintiff was trapped inside. His co-workers were able to pull him out, and they rushed him to the nearest hospital. He was flown via life-flight to another hospital that was equipped to treat his injuries. He spent weeks in the hospital’s burn unit and underwent multiple skin graft surgeries. He was discharged to a skilled nursing facility for physical therapy before he could return to his home in Mississippi.

 

Mr. Netemeyer and Ms. Harper filed suit on the Plaintiff’s behalf against the RV Sales and Repair Company, the oil company and the manufacturer of the motorhome. Each defendant was allowed to inspect the remains of the motorhome. Shortly after the inspection, the RV Sales and Repair Company settled with the Plaintiff for its insurance policy limits of $2.3M. The manufacturer of the motorhome settled with the Plaintiff for $150,000 after a detector was found to be installed through a fuse which had been unplugged before the explosion. The Plaintiff’s claims against the oil company are still pending.

 

It is a privilege for all of us at Advocate Capital, Inc. to serve clients who hold negligent businesses accountable for their actions. We offer our sincere congratulations to Attorneys Ron Netemeyer and Jill Harper on this outstanding settlement and wish them the best of luck while litigating with the oil company.

 

Michelle D. Rigsby

Executive Client Manager

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Labor Day Holiday

 

Copyright : yupiramosIn observance of the Labor Day holiday, our offices will be closed on Monday, September 5th.

 

All payments, fundings and other transactions received on this day will be processed promptly on Tuesday, September 6th.

 

Should you have any questions regarding the processing of any transaction, please feel free to contact our Accounting Team at 1-615-577-5448 or by email to this address: Accounting@AdvocateCapital.com.

 

Thank you for being our valued customer. The entire Advocate Capital team wishes a safe holiday to all of our customers, staff and their families.

 

Mary K. Berst

Vice President, Operations and Accounting

 

Photo Credit: yupiramos
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New Cars, Recalled Parts

 

Authored By: Iris Garrett

 

Copyright : Anastasiya AleksandrenkoTired of hearing about the Takata airbag recall? You’re not alone. But now the issue is expanding to more than just cars already on the road. People shopping for a new vehicle should also be on high alert. According to a recent article by Cars.com, there are several automakers using Takata airbag inflators in their 2016 and 2017 models, despite the National Highway Transportation Safety Administration recalling more than 28 million of them here in the U.S. Some of the top offenders? Fiat Chrysler, Mitsubishi, Toyota, and Volkswagen. These companies and a handful of others are ignoring the NHTSA’s warnings and installing airbags that have been known to degrade over time, rupture at excessive force, and send deadly shrapnel onto passengers in a car. So far, their decision to use these defective airbags has left 10 people dead and more than 100 people injured.

 

Even if you’re not shopping for a new Toyota or Volkswagen, you could still be at risk. Cars.com reports many of the automakers that are not putting Takata’s volatile inflators in their new vehicles (Honda, Nissan, and Subaru) are still using Takata’s less-volatile, desiccated inflators in new 2016 and 2017 cars. What’s the difference? The recalled airbag inflators contain an unstable chemical mixture called ammonium nitrate. Over time, as the airbags take in moisture from heat and humidity, they can rupture and explode. Takata’s less-volatile inflators have a desiccant inside them to block that moisture; but they, too, can lose their effectiveness over time.

 

As of right now, Cars.com says the NHTSA has issued a consent order with Takata requiring it to stop producing inflators with ammonium nitrate by December 2018. The agency has also required the company to prove the safety of desiccated inflators before 2020, or the so-called “less volatile” alternatives will join the list of recalled Takata products. So far, regulators say there have been no known rupture incidents with airbags containing desiccant, but the long-term safety of the absorbent chemical is still up in the air.

 

Check out Cars.com’s full article to see which new cars are getting produced with Takata airbag inflators. 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 Debi Chalik

 

President and CEO Michael J. Swanson recently interviewed Attorney Debi Chalik of the Law Offices of Chalik & Chalik about her experience working with Advocate Capital, Inc.

 

 

Tina Burns

Vice President

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An Inspiring IB Day of Action

 

Authored by: Iris Garrett

 

IB Day of Action 2016Rewarding, uplifting, and fun. That is how to describe this year’s IB Day of Action. Every August for the past three years, Advocate Capital, Inc. has partnered with The Injury Board to make an impact on our community. This year was no different. This year our team of employees was given the chance to support local children at the Andrew Jackson Boys and Girls Club in downtown Nashville.

 

There are many ways we could have given back to the youth at the Andrew Jackson Club, but we chose to provide them with resources they could use right now: school supplies. Since the children were returning to class this month, Advocate Capital collected everything from paper and pencils to binders and book bags to help them with the process. Employees from all our departments gathered in one room to assemble and pack the supplies, and because of their efforts, we were able to donate 50 backpacks and hand deliver them to the club.

 

After dropping the supplies off at the Andrew Jackson Club, the program director, LaReece Mills, gave us a tour of the facility. We discovered not only does the club offer areas for the kids to interact and play after a long day of schoolwork, but it also gives them an opportunity to build upon their own particular interests in the computer lab, art and creativity center, recording studio, as well as the tutoring rooms.

 

IB Day of Action 2016Overall, our experience during the IB Day of Action was extremely worthwhile. The Boys and Girls Clubs of Middle Tennessee reaffirmed these feelings when they sent us a letter saying, “Thank you for thinking of the Andrew Jackson Club members by collecting and providing the 50 backpacks with school supplies. It means a great deal to a child to fit in and have all the supplies they need so they are prepared to learn!” (Jennifer Wheeler, BGCMT).

 

We look forward to taking part in the event again in 2017, but until then, be sure to check out more photos from this year’s IB Day of Action on our Facebook Page!

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Booth & Koskoff Secure $2.5M for Two Year Old Girl

 

Advocate Capital, Inc. client Booth KoskoffCongratulations to The Law Offices of Booth|Koskoff on securing a $2.5 million settlement from a California county social services agency that failed to remove the toddler from the aunt’s home.

 

The child suffered right frontal lobe damage affecting her judgment, safety awareness, impulsivity, and executive functioning. The child was removed from the custody of her mother, a drug abuser after she was arrested for felony burglary. Following the mother’s arrest, the County of Riverside Department of Public Social services placed the toddler in the home of her maternal aunt Christina Porter.

 

After placement with the aunt, the child exhibited extreme emotional and behavioral problems. The aunt was frustrated and overwhelmed. She was forthcoming that she was not prepared to deal with these behaviors and issues in her call to the County Riverside hotline, demanding that the County remove her niece from the home immediately. Despite her request, the County of Riverside failed to take immediate action and remove her from the home.

 

Approximately ten (10) days later, Ms. Porter called 911 claiming her niece had fallen from a high chair, struck the back of her head on the kitchen floor, lost consciousness, and then began seizing and vomiting.  The two (2) year-old was airlifted to Loma Linda University Medical Center. The doctors at Loma Linda suspected that the toddler’s injuries were caused by abusive head trauma (i.e. shaken-baby) rather than the fall reported by Ms. Porter.

 

The Plaintiff alleged that the County of Riverside should have removed the toddler from Ms. Porter’s care once Ms. Porter indicated she no longer wanted the toddler in her home. The toddler survived, albeit with life-long injuries and resultant brain damage. The parties settled after participating in two (2) mediations just two (2) days prior to the scheduled trial.

 

Booth & Koskoff is among a handful of elite law firms in Southern California that specialize in personal injury and wrongful death cases. Over the years, the attorneys of Booth & Koskoff have obtained over 70 verdicts or settlements of $1,000,000 or more and have recovered a total of over $300 million on behalf of clients in Torrance and Los Angeles.

 

All of us here at Advocate Capital, Inc. are both thankful and appreciative for the hard work of trial lawyers all over the country that secures our access to the courthouses and justice.

 

Donna A. Jones

Senior Vice President

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CAALA Annual Las Vegas Convention

 

CAALA 2016

 

Will you be attending the CAALA Annual Las Vegas Convention at the Wynn Las Vegas on September 1-4?

 

Lynne Cushing and I will be representing Advocate Capital, Inc. at booth #226 throughout the convention. Stop by and discover The Advocate Flexline™, our brand new product combination that gives contingent-fee law firms the most powerful funding solution ever available.

 

CAALA Vegas Convention is “the largest convention of trial attorneys in the nation.” This convention, hosted at the Wynn Las Vegas, features three and a half days of networking events, over 100 exhibitors and education sessions presented by top trial lawyers, jurists and legal consultants from across the country. Attendees can earn up to 20 hours of MCLE in just one weekend in Vegas!

 

Don’t forget to visit our booth and enter our raffle for a chance to win a Bose® SoundLink® Mini!

 

We hope to see you there.

 

Tina Burns

Vice President

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Honor Flight Bluegrass Chapter: B-25 Bomber Event

 

President and CEO Michael J. Swanson interviews Karl Truman, of the Karl Truman Law Office, about a recent event his law firm sponsored for Honor Flight Bluegrass Chapter featuring a B-25 Bomber flight for World War II veterans.

 

 

To learn more about Honor Flight Bluegrass Chapter, visit www.HonorFlightBluegrass.org or call 888.998.1941.

 

Tina Burns

Vice President

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Five Ways to Conquer the Facebook Ad

 

Copyright : Varin RattanaburiFacebook Ads: they can either work for you or against you. A good Facebook Ads campaign can bring in new prospects, build stronger relationships with existing clients, and boost your firm’s revenue; but a bad Facebook Ad will get you absolutely nowhere. Sound familiar? Well, if you are consistently shelling out time and money to create ads with no return, you may not need to throw in the towel just yet. A team of legal marketing experts at Network Affiliates, Inc. has figured out a solution to this common problem, or rather five of them.

 

  1. Target Your Followers: Facebook Ads should be tailored and focused on a narrow audience: your followers. They shouldn’t mirror the same marketing message you’d include in a television commercial that reaches far and wide. On Facebook, law firms have the ability to market to people who already value their practice, work or reputation.

 

  1. Use an Inspiring Image: Images are generally the first thing a follower will notice about your Facebook Ad. There is no golden ticket for which ones work best for every user, but experimenting with different image options can put you on the right track. It’s a faster way to generate more clicks and may save you money down the line.

 

  1. Don’t Just Test the Images: Trying out different images may give you greater accuracy in what visual elements work for your followers, but testing other aspects of your Ads campaign is also essential. Research and track the success of things like titles, landing pages, text, and demographics.

 

  1. Act with Immediacy: Once you’ve run tests to see which of your Facebook Ads are generating the most results and conversions, use that method and double your output. Seize the opportunity to capitalize on what’s working for your firm right now.

 

  1. Adapt with the Metrics: Use metrics to tweak and mold your ads with the shifting trends. Being flexible in this area will keep your firm’s social marketing strategy from waning, even if one of your campaigns begins to underperform.

 

Network Affiliates, Inc. says a crafting a good Facebook Ad all comes down to balance. If that lies in investing 80% in a campaign you know will deliver results and 20% in testing new content and designs, try that. Or it may be that 50/50 works better for your firm. The agency says the goal is simply to make sure you’re able to compete successfully using this powerful, marketing tool.

 

To read Network Affiliates, Inc.’s full article, click here.

 

Tina Burns

Vice President

 

Photo Credit: Varin Rattanaburi
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7 Ways to Integrate Social Media Marketing

 

Copyright : rawpixelWe’ve been talking a lot lately about how to boost content on your firm’s website and blog, but there is another medium that deserves your attention: social platforms. According to Marketo, leveraging social media can be the best move you make for your firm. You can use it to create valuable business relationships, promote content, or scope out the market and potential buyers. It has become more than a channel or tactic of communication, but a status quo in a business’s digital presence. That means occasionally using your social media pages won’t cut it. Marketo says it has to be a part of every single one of your marketing campaigns to be effective.

 

“Marketing today is difficult… 44% of direct marketing is never opened. Roughly 99.9% of online banners are never clicked,” says Michael Brenner, Senior Director of Global Marketing at SAP (Marketo’s Definitive Guide to Social Marketing).

 

According to Marketo, 67.4% of internet users can be found on social media. That’s a huge marketing base that you may be missing out on if you’re only selling your brand through mass advertising, direct mail, tradeshows or cold calling. Since most firms now have their own Facebook and Twitter page, social media is the main driving force of B2B interactions on the web. Back in 2012, Social Media Examiner reported 93% of B2B marketers used social marketing to promote their business, and 74% of marketers received increased site traffic thanks to social marketing. What does that mean for your firm? That the idea of being “social” may actually help turn your practice into a success, but only if you truly take advantage of the social marketing tools at your disposal to increase buyer engagement, revenue and new business.

 

Marketo offers seven ways to become adept at integrating social marketing into your existing strategies:

 

  1. Don’t Take Yourself Too Seriously: Be sure to show your personality through your posts. It will make your brand more likable.
  2. Inbound is not Enough: Outbound marketing is still a great resource. You never know what the effect of a little paid promotion can do for your firm.
  3. Create Good Content and Solid Offers: Not posting engaging or well-produced content may cause all your other tactics to fail.
  4. Have a Strong Call to Action: Be clear about what is it you want your audience to do after viewing your content or engaging with your firm.
  5. Add Value: Provide some sort of value to your prospects through your social media posts, or the tactic will never work for you.
  6. Remember Social is a Two-Way Street: Broadcast your message, but keep the lines of communication open at both ends. If a user contacts you, respond to them quickly, and be sure to mix up your posts with different types of content and offers.
  7. Be Heard: Peer-to-peer sharing is the best way to get your message across.

 

To read more about Marketo’s “Golden Rules of Social Marketing,” click here.

 

Tina Burns

Vice President

 

Photo Credit: rawpixel
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