Advocate Capital, Inc. Law Firm Financing Blog

Law Practice Management Stories

We’re Moving This Weekend!

 

Copyright: <a href='http://www.123rf.com/profile_tashatuvango'> / 123RF Stock Photo</a>Thanks to all of our great Advocate Capital clients, 2014 was an amazing growth year for us. As a result of our growth, we are moving into a larger office here in our current office building. The only address change will be the Suite Number changing from C-165 to C-200. There are a few scheduling items we wanted you to be aware of for our move day of Friday, January 30th:

 

  • We will complete transaction processing for the day at 12:00 Noon CT.   This means all funding and payment processing will stop at Noon. Any transaction requests received after the noon cut-off time will be processed on Monday, February 2nd.
  • From 12:00 Noon CT until 3:00 p.m. CT, our Accounting Team will process January finance charge invoices. You should receive an email with your January statement on Friday
  • The Advocate Capital, Inc. offices will close for the day at 3:00 p.m. CT on Friday, January 30th and re-open for business as usual on Monday, February 2nd, 2015.
  • The ACI Client Web Portal may be offline intermittently from 3:00 p.m. CT on Friday, January 30th until 8:00 a.m. CT on Monday, February 2.

 

We want the impact of our move to be as minimal as possible and would ask that you note these schedule changes on your calendar for January 30th. If you have any questions or concerns, please let us know.

 

We look forward to delivering our platinum level of customer service to you from our new office suite beginning February 2nd.

 

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

Vice President, Finance and Administration

 

Photo Credit: 123RF Stock Photo
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How to Write a Better Website Bio

 

Copyright: <a href='http://www.123rf.com/profile_ozaiachin'> / 123RF Stock Photo</a>Did you know that bio pages are one of the most visited areas on your firm’s website? These bios are the first touch with potential clients and may be the deciding factor if they want contact your office or move on to another site.

 

 

In a recent blog, Rainmaker Institute CEO Stephen Fairley discusses ways to improve your website bios to create more business. Here are a few suggestions from his list:

 

 

  • Make the Introduction: This seems like a no brainer but many attorney bios forego this opening paragraph. “The first part of your bio should tell prospects who you are and what you do.”

 

  • Post Multiple Photos and Videos: Don’t stop with just a professional headshot. “Every attorney in your office should record a 3-5 minute video introducing themselves and talking about how they help people and why they love what they do.”

 

  • Talk About Your Clients: Let potential clients know how you will treat them and their family if they do business with your law firm. “Make a point to emphasize what kinds of clients and cases you love to work with in your bio.”

 

  • Write Like You Talk: A website bio is no place for legal jargon. “Use a conversational tone in your bio so that prospects feel as if they are having a conversation with you.”

 

(View the full article, “8 Tips to Writing a Better Attorney Bio to Attract More Leads”)

 

Remember: Website bios are more than a place to list professional accolades. They are an opportunity to show prospective clients that you are human and have their best interests at heart.

 

Tina Burns

Vice President

 

Photo Credit: 123RF Stock Photo
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Industry News: Fulton County Georgia Jury Awards $73M to Man Burned in Explosion

 

Law Moran LogoCongratulations Pete Law on this significant jury verdict!

 

On May 29, 2010 Stephen Wells opened the door of his apartment and was greeted by the sound of loud hissing and an explosion of fire that engulfed him, severely burning him. The explosion was caused by an uncapped gas line in the apartment with the corresponding shut off value in another room which violated Georgia building codes.

 

The verdict came the week of January 12th, 2015. Mr. Wells was awarded $17.9 million dollars to compensate him for his injuries, lost earnings and expenses, which included $226,000 in medical bills. The jury also indicated that the facts of the case justified punitive damages as they continued to deliberate.

 

Once deliberations were complete, the jury returned with an award of $7M in attorney fees and $47.9 million in punitive damages against the apartment complex owner and the complex’s management company.

 

Peter A. Law is the senior principal of Law & Moran, a six lawyer trial firm dedicated to the representation of individuals who have suffered injuries and death due to the negligence of others. Pete Law has been recognized by various independent surveys as one of Georgia’s top trial lawyers and is annually selected as one of Georgia’s Top 100 Lawyers. Pete was also selected as a “Georgia Legal Elite”. In the past few years, Pete’s firm has had over $100,000,000 worth of jury verdicts and significantly more in out of court settlements.

 

Congratulations Pete Law on this landmark victory!

 

Jeff Glueck
Vice President – Business Development

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Streamline Your Legal Marketing in 2015

 

Copyright: <a href='http://www.123rf.com/profile_dskdesign'> / 123RF Stock Photo</a>Marketing trends are always changing and the world of social media is growing daily. It’s important to stay on top of “what’s new” but some strategies may be wasting your firm time and money in the long run.

 

In a recent blog, Stephen Fairley, CEO of The Rainmaker Institute, states that “when it comes to marketing, sometimes less is more.” Below are a few of his suggestions of legal marketing tactics that you may consider dropping in 2015:

 

  • Spending time on social networks that don’t work for you. It’s ok to try different social media platforms but “if you are trying to engage on a social network that is just not delivering any opportunities for engagement, quit it and forget it.”
  • Using lame stock photography. “Visual content has become increasingly important to getting your content noticed, so using staid, irrelevant stock photos just won’t do the job for you anymore.”
  • Not following through on mobile optimization. Don’t just stop with a mobile friendly website. “You need to be sure your entire lead conversion path is optimized for mobile.” This includes download buttons, forms and e-newsletters.

 

(View the full article “5 Legal Marketing Tactics You Can Let Go Of in 2015”)

 

In 2015, take some time to review your current marketing efforts and see if there are some opportunities to streamline processes.

 

Tina Burns

Vice President

 

Photo Credit: 123RF Stock Photo
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Supreme Court Mulls Florida’s Restrictions on Judicial Campaign Fundraising

 

Copyright: <a href='http://www.123rf.com/profile_zimmytws'> / 123RF Stock Photo</a>USA Today reports that two “ideals held in high esteem by the Supreme Court – free speech and judicial integrity – collide Tuesday in a case that presents justices with a difficult choice.” The dispute pits “the code of conduct for judicial candidates in Florida, which prohibits them from directly soliciting campaign cash,” against “Lanell Williams-Yulee, a losing county court candidate who ran afoul of that canon in 2009 and was reprimanded for signing a fundraising letter.” The court must seek “the sweet spot between the two – what the Florida Bar calls ‘the proper balance between two compelling interests at the heart of a free and just society.’” The court’s “conservative majority has robustly defended free speech and its financial twin, campaign fundraising, in a string of cases, from 2010’s Citizens United decision allowing unlimited independent political expenditures to last year’s McCutcheon ruling removing aggregate limits on wealthy donors. Its liberal minority dissented vehemently in those cases.”

 

The AP reports that voters in the Tampa, FL area “didn’t think much of Lanell Williams-Yulee’s campaign for county judge in 2010, and the group that regulates Florida’s lawyers didn’t much like her campaign tactics.” After “being drubbed in the election, she was hauled before the Florida Bar for violating its ban on personally soliciting campaign contributions by sending a ‘Dear Friend’ letter asking for money.” Five years after the Supreme Court “freed corporations and labor unions to spend freely in federal elections, the justices will hear arguments Tuesday in Williams-Yulee’s challenge to the Florida rules, which she says violate her right to speak freely. “

 

The Christian Science Monitor reports that if Williams-Yulee “had been running for a county commission seat, her mass-mailed solicitation would have sounded no alarm bells,” but “as a candidate for a judicial office, her request for contributions attracted the attention of lawyers with The Florida Bar,” which “charged her with violating an ethics rule that prohibits judicial candidates in Florida from personally soliciting for campaign funds and support.” Williams-Yulee’s attorneys “challenged the constitutionality of the rule,” arguing that “Florida’s canon of judicial conduct violates a judicial candidate’s free-speech right to communicate with prospective voters.”

 

Photo Credit: 123RF Stock Photo
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Traumatic Brain Injury 2014 Litigator Awards™ Winner – Biren|Katzman

 

Advocate Capital Inc. clients Biren KatzmanCongratulations to long-time friend, Matt Biren and his team at Biren|Katzman Trial Lawyers on being named a winner by the 2014 Litigator Awards™ in the category of Traumatic Brain & Spinal Cord Injury. The 2014 Litigator Awards™ honors the top 1% of all lawyers.

 

The firm’s focus centers in large part on achieving justice for those who have suffered catastrophic injuries and traumatic brain & spinal cord injuries. Matt Biren has more than 40 years of experience seeking justice on behalf of injury victims and has spoken among his peers on the subject of obtaining justice in traumatic brain injury cases. Click here to read more about a few of the Firm’s notable cases.

 

Join us in congratulating Biren|Katzman Trial Lawyers on this well-deserved recognition. Thanks to the 2014 Litigator Awards™ Committee for recognizing the important work of Trial Lawyers.

 

A number of Advocate Capital, Inc. friends and clients were among the nominees in various categories. Stay tuned as we share more winners with our readers.

 

Lisa Wagner

Senior Vice President, Client Services

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Meet Attorney Brewster Rawls

 

President and CEO Michael J. Swanson recently interviewed Attorney Brewster Rawls of Rawls, McNelis & Mitchell, P.C. in Richmond, Virginia, about his experience working with Advocate Capital, Inc.

 

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Team Advocate Capital, Inc. Ready for Needles® 5.0 Workshop This Week

 

Advocate Capital, Inc. attends Needles 5.0 WorkshopLisa Wagner and I are headed to Las Vegas this week to participate in the Needles® 5.0 Workshop to get our first glimpse at the new software package.  Needles® is the premier legal case management software and is easily integrated with existing platforms.

 

Because many Advocate Capital, Inc. customers utilize the Needles® software application, we are excited to learn about the new software features so our team can more effectively assist our Needles firm clients.

 

To request a free trial package, click here.  If you are a successful law firm considering case management software, take a moment to review the list of reference firms on the Needles® site.

 

We will blog again next week to share some of the new and exciting elements of the 5.0 software.  Stay tuned!

 

Donna A. Jones

Senior Vice President

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Special Discount for Radius of Influence 2015

 

Radius of Influence 2015 ConferenceAdvocate Capital, Inc. clients can receive a special 25% off registration to Radius of Influence (ROI) 2015 in Denver.

 

ROI is an incredible networking and word-of-mouth marketing event for trial attorneys and marketing directors. The conference is built on teaching best practices for building relationships and a good reputation, which we believe are key to referrals and success in business.

 

This year’s agenda — which includes a keynote address by the nation’s foodborne illness attorney, Bill Marler — is filled with amazing sessions on growing your firm via word-of-mouth marketing and tons of breakout sessions on business development, social media and tech topics and much more.

 

Check out the ROI2015 agenda for yourself.

 

If you are interested in attending ROI2015, please contact us at 877.894.9724 to receive 25% off of your attendance.

 

We hope to see you in Denver for ROI2015!

 

Tina Burns

Vice President

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Getting the Most Out of Your Google Analytics

 

http://www.123rf.com/profile_inbjGoogle Analytics is a great tool to help companies track website traffic in order to reach their target markets effectively. If you are not currently utilizing the benefits of this product, there is no better time than the present. For those of you already using Google Analytics regularly, you know how helpful it can be to your business and marketing efforts.

 

Google Analytics Professional, Kristi Hines, recently published an article on the Social Media Examiner titled “9 Google Analytics Tips to Improve Your Marketing.” Google Analytics has the capability to integrate with a variety of plugins and third-party tools to better help you understand your online presence. Just when we thought it couldn’t get any better!

 

To learn more about these integrations and helpful tips, read the full article here!

 

Tina Burns

Vice President

 

Photo Credit: 123RF Stock Photo
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Meet Attorney Eric Fong

 

President and CEO Michael J. Swanson recently interviewed Attorney Eric Fong of Fong Law Firm in Port Orchard, Washington about his experience working with Advocate Capital, Inc. and how our case expense funding product has benefited his clients and practice.

 

 

Tina Burns

Vice President

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Paying It Forward

 

Advocate Capital Inc. Buffy Escue pays it forward to Laszlo KovacsAt Advocate Capital, we take great pride in providing platinum level customer service, not only to our clients, but internally to each other.  As part of our effort to recognize employees who go above and beyond in this regard, we instituted the Pay It Forward recognition campaign.

 

At our most recent weekly meeting, Credit Compliance Assistant, Buffy Escue “paid it forward” by recognizing the assistance and guidance she receives from one of our Credit Compliance Managers – Laszlo Kovacs.

 

Congratulations to both of these great associates!  Many thanks to all of our team who always do more than expected – especially so to Buffy and Laszlo!

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Before Google Has a Chance

 

We’re always on the lookout for useful content for our friends and clients. Today we welcome guest blogger Tom St. Louis. He is a legal marketing expert and founder of Smart Lawyer Marketing™. I hope this is useful to you!

 

Michael J. Swanson
President and Chief Executive Officer


 

Copyright: <a href='http://www.123rf.com/profile_iqoncept'> / 123RF Stock Photo</a>In the beginning, before Google re-created the heavens and earth there were referrals. People used to ask around. Now a lot of people just walk around staring at iPhones.

 

Still, referrals do still happen and lawyers as a group are in such a mad rush to get noticed online that they often overlook what should be the very cornerstone of their marketing.

 

The magic formula is: 1 + 1 = 2

 

All clients have the potential to replace themselves. If every client gave you one referral— one good case—you would sustain 100% of what you are currently marketing like mad year over year to produce.

 

Think about it.

 

If half your clients sent you a case, then you’d be halfway there out of the box and Google would cease to hang over you like a specter.

 

Two very important questions:

  1. What percentage of your clients currently send you cases?
  2. What percentage of your intakes come from client referrals?

 

Bonus question: How much of your referral potential do you think you are currently realizing?  And how important a priority should this be for you?

 

About question number 1:

10% is about average for personal injury law firms. Even then, a lot of people have to be well served for you to realize even 10%. Others get 40%.

 

What accounts for the difference?

 

Think of a Google search resulting in an inquiry about your services. How many of your competitors’ clients did NOT step up and positively recommend them,

leaving them to go searching?

 

And when your competitors get an inquiry via Google search, did one of your clients fail to notice or fail to step up?

 

Because referring happens before Google.

 

You can literally preempt the whole online search if you know how to get your clients to 1) notice and 2) step up.

 

About the 2 Beach Heads.

 

Some clients self-select as Ambassadors for you.

 

They send you a case. That’s the first Beach Head, the first referral from any potential referral source such as a client.

 

How are they thanked, rewarded and encouraged?

What are the emotional rewards they receive?

 

Do these “acknowledgment actions” of yours measurably trigger more referrals from these self-selected ambassadors?

 

What percentage of your single referrers graduate to double referrers?

 

That’s the second Beach Head.

 

If you do not have many multiple referrers, you are literally getting in the way of the second Beachhead instead of leading your clients to it.

 

What You Want to Master.

 

How to orchestrate, program and compel the First Beachhead, and then how to use social proof and other compliance triggers to get more and more First Referrers to the Second Beachhead.

 

Can you think of a more important priority? How else could you possibly multiply the number of referrals you receive from clients?

 

To find out more about referrals or to receive an in depth Report called  ‘7 Secrets to a Referral Surge in Your Personal Injury Law Practice‘, contact me by phone at 613-604-2858 or email moregreatcases@gmail.com.

 

I would be happy to talk to you about how you can set up the Referral Contract™ at intake, and do all the things that result in a multiplied flow of referrals.

 

Most of the principles I adapted from Robert Cialdini’s ‘Influence: the Science of Persuasion’. That and twenty years of working with personal Injury law firms on their intake processes.

 

More info available at www.smartlawyermarketing.com.

 

Tom St. Louis

 

Photo Credit: 123RF Stock Photo
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2015 Social Security Wage Base Announced

 

Copyright: <a href='http://www.123rf.com/profile_tangducminh'> / 123RF Stock Photo</a>As we start a new year, it’s time to adjust payroll settings to properly reflect the new Social Security wage base for 2015.  The Social Security Administration (SSA) announced the 2015 Social Security wage base increased from $117,000 to $118,500 making the maximum tax paid by employees related to old age, survivors, and disability insurance (OASDI) $7,347.

 

To view the SSA’s website regarding the 2015 wage base increase, please click here.

 

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

Vice President, Finance and Administration

 

Photo Credit: 123RF Stock Photo
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A Unique and Extremely Low Cost Way to Fund Mass Torts

 

Copyright: <a href='http://www.123rf.com/profile_lcs813'> / 123RF Stock Photo</a>Like many plaintiff attorneys, you may be thinking about getting involved with some of the current mass tort actions (or expanding your existing involvement in them) but have been challenged by the large amount of capital that mass torts can require.

 

Generally, there are many capitalization options available to contingent-fee law firms, which you can learn about in more detail in my book How David Beats Goliath – Access to Capital for Contingent-Fee Law Firms.  When it comes to funding mass torts, however, some of the less expensive forms of capital are more difficult to obtain.  Banks, for example, are often wary of lending for mass tort programs because they see that as risky “venture capital” for law firms.

 

In fact, many of the sources of capital used for mass tort actions are on the most-expensive end of the cost spectrum.  Fee sharing, for example, is a common way for smaller firms to participate in mass torts, but the effective annual rates for fee sharing can be extremely high.  (See chapter six of my book or watch this short video for more details on the true financial costs of fee sharing).  Some non-bank lenders claim to fund mass torts, but they typically charge rates in excess of 20% per year.  While you may think that your mass tort game plan can justify rates that high, there is another much less expensive form of funding which may be available to your firm.

 

Does your practice include contingent-fee cases that are not mass tort related?  Do you have significant funds tied up in case expenses in those cases?  If you answered “yes” to these two questions, you may be able to extract your cash from those cases at very low cost (as low as 1% per year) and then use that cash to fund your mass tort growth.  If your mass tort business model is profitable with a 20% interest rate loan, how much more profitable would it be if your cost of funds was 1%?

 

At Advocate Capital, Inc., we provide lines of credit for law firms (that qualify) and then use our proprietary AdvoTrac® software to track those lines of credit on a case-by-case basis.  The result is a net cost of funds for our clients that is typically under 1% per year!  Many of them use the proceeds from those lines of credit to increase their mass tort presence (and profits.)  To learn more, watch the short video on our home page here www.AdvocateCapital.com or call 1-877-894-9724 today for a free case expense funding consultation.

 

Michael J. Swanson

President and Chief Executive Officer

 

Photo Credit: 123RF Stock Photo
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IRS Standard Mileage Rates for 2015

 

IRS mileage rates, Advocate Capital Inc. reportsThe IRS recently released the 2015 standard mileage rates.  The rates are as follows:

 

•   57.5 cents per mile for business

    miles driven.

 

•   23 cents per mile driven for medical

    or moving purposes.

 

 

•   14 cents per mile driven in service of charitable organizations.

 

To read the IRS publication, please click here.

 

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

Vice President, Finance and Administration

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How to Make Your WordPress Website Work for You

 

Photo Credit: http://www.advocatecapital.com/www.123rf.com/profile_georgejmclittle © 123RF Stock PhotoEvery business has a website these days and if you are like us, you use WordPress as your content management system. In a recent Social Media Examiner post, Brian Duffy shares nine plugins available for WordPress websites that may help streamline your online business activities.

 

Here are a few of his suggestions:

 

  • Improve Customer Service and Support:
    • bbPress offers a basic discussion forum in minutes that you can add to your website.
    • DW Question & Answer builds a Q&A section for your site, similar to Yahoo! Answers.
  • Present Webinars:
    • WebinarIgnition is the top solution allowing you to “stream a Google hangout, LiveStream or Ustream to an unlimited number of attendees.”
  • Collect Information:
    • Some websites may already use Gravity Forms but if your site doesn’t, this plugin is a must have. This plugin gives you full control and completed forms are stored safely inside your website.

 

(View the full “How to Use WordPress Plugins to Streamline Your Business” article)

 

Take some time to explore these all of the suggested plugin options and see which ones fit best with your business.

 

Tina Burns

Vice President

 

Photo Credit: © 123RF Stock Photo
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Great Things Happening at Boyd, Kenter, Thomas & Parrish LLC

 

Boyd Kenter Thomas

Advocate Capital, Inc. friends and clients Boyd, Kenter, Thomas & Parrish LLC (“BKTP Law”) recently announced the relocation and expansion of their law firm from Kansas City to the Central Professional Building in Independence, MO.  Due to the firm’s recent growth, additional office space was needed to meet the expanding staff’s needs. “This new location allows for growth and will better serve clients in the Kansas City metro area,” said Brianne Thomas, Managing Partner of BKTP Law. “Plus, our convenient and central location provides our clients with easy access to legal assistance.”

 

The firm has expanded in its more than 30-year history from original founders, John Boyd and Jerry Kenter, to include partner J.R. Boyd in 2003, and partners Brianne Thomas and Mark Parrish in 2013. BKTP Law is not only a full service labor law firm, but is expanding their civil litigation practice. All the attorneys focus on personal injury and workers compensation, with Thomas and Parrish heading the firm’s civil litigation practice, including wrongful death, personal injury and products liability. Parrish also handles railroad crossing collision/injury cases locally, regionally and nationally.

 

Recently in 2014, Dana Apple joined the firm. Devoted to the rights of workers, Dana has practiced labor and employment law since 1989 and her expertise allows BKTP to offer a full range of legal services to meet clients’ legal needs.

 

Congratulations to the team at BKTP!  Advocate Capital, Inc. is proud to support the important work done by the trial lawyers everywhere to insure access to the courthouse(s) for all citizens and the pursuit of justice.

 

Donna A. Jones

Senior Vice President

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Law Firm Marketing in the New Year

 

Copyright: <a href='http://www.123rf.com/profile_buchachon'>buchachon / 123RF Stock Photo</a>Each new year brings new trends in the marketing world. You might be asking the questions, “What will law firm marketing look like over the coming year?” or “What trends can I take advantage of to grow my practice?”

 

To help you better answer these and other questions, be sure to read Larry Bodine’s recent article titled “6 Predictions for Law Firm Marketing in 2015.”

 

As you begin considering New Year’s resolutions for your firm, be sure to reflect on these six points to give you a better idea of the 2015 marketing forecast.

 

Tina Burns

Vice President

 

Photo Credit: buchachon / 123RF Stock
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Happy New Year!

 

Copyright: <a href='http://www.123rf.com/profile_yuliaglam'> / 123RF Stock Photo</a>In observance of the New Year’s holiday, our offices will be closed on Wednesday, 12/31/14 and Thursday, 1/1/15.  All payments, fundings and other transactions received on these days will be processed promptly on Friday, January 2.

 

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 New Year’s holiday to all of our customers, staff and their families.

 

Kelly O’Leary, CPA, CGMA, MBA, CITP, CIA, CFE

Vice President, Finance and Administration

 

Photo Credit: © 123RF Stock Photo
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Time to Pay it Forward

 

Tina Burns and Tiffany Orth Pay It Forward Award A few weeks ago, I was honored and humbled to receive our “Pay it Forward” award from one of our Marketing Coordinators, Tiffany Orth. Tiffany surprised me when she called my name during our weekly company meeting.

 

After having the award sit on my desk for a few weeks, it was my turn to pay it forward to the next recipient. This was a difficult task because we have such a great team at Advocate Capital, Inc. with so many deserving employees.

 

 

Buffy Escue and Tina Burns Pay It Forward AwardAfter careful consideration, I choose one of our Credit Compliance Assistants, Buffy Escue.

 

Buffy has been with Advocate for two years and she is a fantastic addition to our company. Buffy has a great attitude, smile and presence. She handles her heavy workload with ease and promptness. The amount of applications, documents and letters that cross her desk on a daily basis is astonishing.

 

Thank you Buffy for your positive contributions to Advocate Capital, Inc.

 

Tina Burns

Vice President

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Lance Cooper Named Daily Report’s 2014 Newsmaker of the Year

 

Advocate Capital Inc. client Lance CooperCongratulations to Attorney Lance Cooper for being named Daily Report’s Newsmaker of the Year!

 

The Daily Report recently recognized Lance as Newsmaker of the year “for illuminating the power of discovery in 2014.”   The article “Lance Cooper and the Power of Discovery: One Case, 30M Recalls” highlights the intense discovery work by Lance and his team in the Melton vs. GM case.  The arduous process of reviewing thousands of documents and numerous depositions would ultimately reveal that not only was the Chevrolet Cobalt’s ignition switch defective but that GM officials were aware of the faulty part.  The ensuing NHTSA investigation eventually led to 30MM recalls by GM.

 

In the article, Lance very humbly states, “Cases are won and lost in discovery.  If you don’t have the evidence you need, it doesn’t matter how good a trial lawyer you are.”  Mr. Cooper also shares a rare glimpse into his personal life discussing his family, core values and how he plans to keep his practice small so he can be involved in every lawsuit even after the flood of cases this year in the wake of Melton vs. GM.

 

For more details, click here.

 

We previously blogged about the Melton v GM case here, and Lance’s continued efforts to hold GM accountable here.

 

Advocate Capital, Inc. considers it an honor to support the important work done by trial lawyers like The Cooper Firm and other plaintiff attorneys as they pursue justice for the average citizen against corporate behemoths like GM.

 

Donna A. Jones

Senior Vice President

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Happy Holidays!

 

Copyright: <a href='http://www.123rf.com/profile_klenova'> / 123RF Stock Photo</a>In observance of the holiday season, our offices will be closed on Wednesday, 12/24 and Thursday, 12/25.  All payments, fundings and other transactions received on these days will be processed promptly on Friday, December 26.

 

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 ACI Team wishes a safe holiday season to all of our customers, staff and their families.

 

Kelly O’Leary, CPA, CGMA, MBA, CITP, CIA, CFE

Vice President, Finance and Administration

 

Photo Credit: 123RF Stock Photo

 

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Ending Our 2014 Tradeshows with LAJ

 

Paralegal of the Year Winner Regina Valenti with Tina BurnsPaul Myers and I completed Advocate Capital’s 2014 tradeshow season with Louisiana Association for Justice Last Chance CLE Conference in New Orleans. Tom Wright and the entire LAJ staff hosted a great show with careful execution and planning. This was our first year to exhibit with LAJ in the big easy and we finished our season strong. It was great seeing existing clients, meeting new friends and seeing our 2014 Paralegal of the Year winner, Regina Valenti of Herman, Herman and Katz.

 

The 2015 tradeshows appear to be promising and will certainly keep us busy.

 

 

Tina Burns

Vice President

 

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A Challenge to Indiana Damages Cap

 

Copyright: <a href='http://www.123rf.com/profile_rudi1976'> / 123RF Stock Photo</a>A recent article by the Associated Press reports from Indianapolis that attorneys for a 13-year-old Ohio girl “hurt when a stage collapsed at the Indiana State Fair argued Monday that the state’s cap on liability damages is unconstitutional and should be thrown out by the Indiana Court of Appeals.” Jordyn Polet of Cincinnati “rejected Indiana’s offer of $1,690 to challenge the $5 million cap on total damages paid to victims of the 2011 collapse, which occurred when high winds blew down rigging before a concert by the country duo Sugarland. Seven people were killed and more than 100 were injured.” Jordyn’s attorney, Robert Peck, “argued the cap on total damages from a single incident means people are unconstitutionally denied equal treatment” and he said “that if she had suffered the same injury but had been the only casualty, she could have sought up to the $700,000 in individual damages.”

 

Originally, the state paid $5MM to about 62 victims and the Indiana General Assembly approved another $6MM for another 59 victims in 2012.  This settlement was found to be constitutional by the original judge, Marion County Judge Theodore Sosin.  Ms. Polet appealed this decision and oral arguments were recently heard in the Indiana Court of Appeals.

 

The full article can be read here.

 

Photo Credit: Indiana Capitol Building © 123RF Stock Photo
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Case Expense Financing at a Net Cost of Less Than 1%*

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