Case Expense Funding Frequently Asked Questions


Is it ethical?

  • We are the nation’s leading source of case expense financing. We believe that our services are in strict compliance with all published ethics opinions. In fact, we are not aware of a single ethics ruling or court decision that conflicts with our services.
  • You owe your clients the best possible legal representation… but you do not owe them interest free loans.
  • To request information regarding ethics opinions that may exist in your state, please click here or call us toll-free at 1.877.894.9724.

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I don’t need the money. So why bother?

  • You don’t need the money… that’s good! We don’t do business with firms that have financial problems! Our clients are all successful law firms whose owners recognize that making an interest free loan (your case expenses) is a poor business practice.
  • It’s your money. Why not get it back so you can do something productive with it? Click here.

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What does it cost?

  • If implemented properly, the cost to your firm is next to nothing. In addition to our rates being very reasonable, our services enable your firm to get reimbursed from your cases for 100% of the cost of our services on the cases that you win. So the net cost to your firm is close to zero.
  • Our rates float with the Prime Lending Rate and/or LIBOR as published in the Wall Street Journal. Although we don’t publish our pricing online, you can click here to request a detailed proposal for your firm including exact financing costs.

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Can I apply on-line to become a client?

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What about confidentiality?

  • Advocate Capital, Inc. never discloses your client’s information. We underwrite law firms, not their clients. The attorney-client privilege is never at issue. (By the way, we treat our own clients with the same discretion that you treat yours.)

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Does my competition use this structure?

  • Yes! Law firms from coast to coast are increasingly turning to our method of funding expenses. The more successful the firm, the greater the likelihood that they are using our service.

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How much do you advance on case expenses?

  • We advance 98% of your outstanding case expenses. (There is a 2% origination fee withheld at the time of each funding.)
  • IMPORTANT: Your firm is able to recoup the 2% at the successful conclusion of every case that you win. Therefore, the net result on those cases is a 100% funding of expenses.

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When do I have to repay the principal?

  • The principal is due at the conclusion of each case, or the expiration of our agreement, whichever comes first.

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What happens if I lose a case?

  • If a case is abandoned or lost, you would be required to repay the amount advanced against the case and any outstanding interest. It is our experience that a minimal amount of money is invested in cases that are ultimately abandoned.

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Do I have to fund every case with you?

  • Absolutely not! Once your line of credit is established, you decide which cases to fund. And you can start or stop funding a given case whenever you choose.

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What is the impact of your service on my operation?

  • Our objective is to be as unobtrusive as possible. We will work with your staff to assure that any impact is minimal while still providing us with the documentation we need.

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Do I need to modify my Client Fee Agreement?

  • We recommend (but do not require) that you add language to your client fee agreement that discloses this transaction. We also recommend that you begin using such language in your agreements immediately so that you will be ready to take advantage of our services if your firm is approved.

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Why should I use your service?

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What does it cost my clients?

  • Less than you’d think! As you know, the majority of larger case expenses come toward the end of a typical case. While the effect on your client is very small, the positive impact on your practice is very large.
  • Click here to view an interactive chart that shows the estimated impact on an individual case.

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Can you give me any references?

  • Definitely. We have many happy clients who have said that they would be glad to provide references for us. So as not to inundate them with calls, though, we normally reserve that step for later in the process. You can expect the same consideration once you become a client of ours.

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Does my firm qualify?

  • Approval is subject to our underwriting process and a decision by our underwriting committee. However, you can take this quick quiz to see if your law firm might qualify…
  • Do you have at least $50,000 invested in case expenses?
  • Do the partners of your firm have good credit histories?
  • Has your firm been practicing successfully for several years?
  • Is your firm free of ethical problems and sanctions by the bar?
  • If you answered yes to all of these questions, your firm may qualify to be an Advocate Capital, Inc. client. Click here to get started.

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

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