Litigation Financing
Attorney and CPA, Knight Lancaster, sat down in-studio with Advocate Capital's President, Donna Jones to shed light on common mistakes attorneys make when handling trust accounts. Knight offers practical tips for keeping trust accounts in compliance through clear processes and well-integrated software.
* In most jurisdictions, a law firm can recover finance charges related to funding case expenses from case awards, but the compliance requirements can be too expensive to implement. Only Advocate Capital, Inc. has the proprietary AdvoTrac® expense tracking system and service team that allows firms to easily comply with allocation and reporting requirements. So, for example, if a firm recovers at least 90% of its advanced case expenses, like most of our clients, the annual net cost of funds is very small-typically less than 1%. Contact us to discuss how our program can work for your firm. All loans are subject to credit approval, and terms and conditions may vary.
Financial Services provided through Pinnacle Bank, a Tennessee bank Member FDIC and Equal Housing Lender. Loans are subject to credit approval.
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