Advocate Capital, Inc. Law Firm Financing Blog

We have great news for contingent-fee firms in West Virginia.  In response to a request made of the Office of Disciplinary Counsel surrounding the ethical practice of passing through borrowing costs to clients, the Disciplinary Counsel published Opinion L.E.O. 2016-01. The Opinion states: “Based upon a review of these opinions and applicable West Virginia...

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 Jeff Glueck, Michael J. Swanson and myself are heading to Miami Beach for the National Trial Lawyer Summit on on February 5th-8th. We will be exhibiting with NTL for this first time this year. We have heard great things about this conference and we are looking forward to it. Please stop by and see us at booth #9. Discover how The Advocate Flexline can he...

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Authored By: Rachel Markin New statistics could mean more students will apply to law school this year. According to an article on ABAjournal’s website, data released by the Law School Administration Council showed a 7.6% increase in the number of LSAT tests administered in December 2016 from December of last year. The increase is welcome news to many law...

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Authored By: Rachel Markin While away on a mission trip, a Texan woman received a frightening phone call. She was told a storm had blown a massive tree into the middle of her house. According to an article on The Flowers Law Firm, P.C. website, the woman’s friends and family rescued as many personal possessions as possible. Unfortunately, the tree was 5 f...

Read More About Texan Attorney Stands Up to State Farm Insurance

Harriett Ryan, in the Los Angeles Times reports that the city of Everett, Washington has filed a "first-of-its-kind lawsuit" against Purdue Pharma, manufacturer of OxyContin, "alleging the company turned a blind eye to criminal trafficking of its pills to 'reap large and obscene profits' and demanding it foot the bill for widespread Opioid addiction in th...

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Here at Advocate Capital, we’ve been reviewing credit reports of plaintiff lawyers every day since 1999.  In that time, we have seen many lawyers’ credit scores that were surprisingly low, and often to the surprise of the lawyer!  You should know your credit score and should spend some time making sure you keep it as high as possible. Your credit score ca...

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Authored By: Iris Garrett A new lawsuit filed against Coca-Cola is leaving company executives with a bad taste in their mouths. According to Business Insider, the Center for Science in the Public Interest (CSPI) is suing Coke and another industry group, the American Beverage Association for allegedly misleading customers regarding the health risks of soda...

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Authored By: Iris Garrett If there is one company in some deep water right now, it’s DuPont. The corporate giant is being forced to pay $10.5 million in punitive damages for a case involving malicious poisoning. According to an article on The Ring of Fire Network, an Ohio U.S. District Court has ordered the money to be paid out to a man whose testicular c...

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As we continue the growth of our entire team in 2017, we are looking to add a Training Specialist to our Metro Center (Nashville, TN) corporate headquarters. The successful candidate will provide training and support for our proprietary AdvoTrac® software, QuickBooks® and various case management software programs used by law firms. The Training Specialist...

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Authored By: Iris Garrett You may want to consider adding more security to your law firm’s case files and computers. U.S. leaders are now warning that attorneys and their practices could be prime targets for cyberattacks. According to Reuters, three Chinese citizens are facing charges for trading confidential information taken from the networks of two U.S...

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