The Trial Lawyer Winter 2018 - Page 58

Now Available: Case Expense Funding at a Net Cost of Less Than 1% Per Year* Combined with… Working Capital at a Rate of Prime +1%** Call 1-877-894-9724 today to see if your law firm qualifies. www.AdvocateCapital.com * In most jurisdictions, a law firm can reduce its annual costs by passing borrowing costs through to its cases, but the compliance requirements can be too expensive to implement. Only Advocate Capital, Inc. has a proprietary 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 borrowing costs from its cases, as most of our clients do, its annual cost of funds is very small – even 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.) ** An annual fee is also charged at 1% of the amount of working capital approved. Some restrictions apply. Call for details. 56 x The Trial Lawyer