FOR IMMEDIATE RELEASE CONTACT:
Tina Burns, Vice PresidentTBurns@AdvocateCapital.com
Advocate Capital, Inc. is Now Providing QuickBooks® Support for Law Firms
A Free Service to All Advocate Clients
(Nashville, Tenn. – May 22, 2013) – Advocate Capital, Inc. has expanded the service that it provides to its customers by launching a QuickBooks® support program for its law firm clients throughout the U.S. The program is being led by Lisa Wagner, Senior Vice President, Client Services. Ms. Wagner has been helping law firms with their accounting and financial needs for nearly two decades. She is a CPA and a QuickBooks Certified ProAdvisor and has been part of the Advocate team since 2004. During that time she has spent many hours coaching law firms on their back office operations and assisting them with integration to the Advocate Case Expense Funding product.
“We believe in the important work that plaintiff lawyers do and love helping them get even better results for their clients through our Case Expense Funding product. Helping our clients maximize the benefits of QuickBooks® makes them that much more efficient in their businesses and more effective at achieving justice on their clients’ behalf.” said Ms. Wagner. “This new QuickBooks® support will be a free service to all Advocate Capital, Inc. clients. It’s yet another reason why successful law firms should join our happy network of customers!”
“Although we are a commercial lender for plaintiff law firms across the U.S., I consider us to be more of a technology leader than a lender. Anyone can make a loan to a law firm, but only Advocate Capital, Inc. has AdvoTrac®. We think that providing QuickBooks® support is a logical next step since it is the accounting software most widely used by our customers.” said President and Chief Executive Officer, Michael J. Swanson.
AdvoTrac® is a proprietary software platform that Advocate uses to track its law firm clients’ lines of credit on a case-by-case basis. It’s this case-by-case tracking that converts borrowing costs into reimbursable case expenses that can be recouped by the law firm. “The cost of borrowing for our clients is zero for the cases that they win or at least get reimbursed for their expenses. We know statistically this occurs about 95-97% of the time, resulting on a net average borrowing cost of well under 1%.” said Kelly O’Leary, CPA, Vice President, Finance and Administration. “We are presently tracking over 26,000 cases in AdvoTrac® and the number grows every day. These cases represent over 26,000 people that our client law firms are helping.”
Advocate Capital, Inc. is the premier provider of strategic financial products and accounting services for successful trial law firms nationwide. They serve the plaintiff bar from their headquarters in Nashville, Tenn. and now enjoy a client base that extends nationwide. For more information, visit https://www.AdvocateCapital.com. For more information about QuickBooks®, visit https://www.intuit.com/
AdvoTrac® is a registered trademark of Advocate Capital, Inc. QuickBooks® is registered trademark of Intuit, Inc.
Attention, Media: For more information about Advocate Capital, Inc., please contact…Tina Burns, Vice President