Michael J. Swanson – Advocate Capital
First I want to introduce Michael J. Swanson as an expert in Law Practice Management, Case Cost Financing, and Author of “How David Beats Goliath- Access to Capital for Contingent-Fee Law Firms”
Watch this video on How “David Beats Goliath”:
Here is a more in-depth look at why Bisnar Chase chose Michael J. Swanson and Advocate Capital as our case cost financing company:
Over the course of years of working with Mike Swanson and Advocate Capital there are a number of attributes that become clear:
- Mike is trustworthy. We have come to trust him and his company. He does what he says and says what it does, every time on time.
- Mike knows and understands my business, high end plaintiffs’ personal injury law practice and the financing challenges inherent therein.
- Mike runs an excellent shop as evidenced by the quality of his people, their knowledge, their true desire to assist, their efficiency and their level of customer service.
- Mike fosters long term, win-win relationships.
Advocate Capital took the time to understand our business model
We did our due diligence over a year before doing business with Advocate Capital. They were patient. They offered the best deal, were the easiest to work with, they were the most knowledgeable about our industry, they took the time to understand our business model, they provided insight on how using their money would essentially cost us nothing while allowing us to use our money to grow our practice instead of having millions tied up in client case costs.
Advocate Capital’s single client accounting method is the best we have found in the industry
Advocate Capital’s single client accounting method is the best we have found in the industry. It makes things so easy for my accounting department to pass through the cost of money to the client pursuant to state bar rules. This saves us a bunch of money and allows us to use our cash to grow our firm rather than acting like a banker to our clients.
When introduced to Mike and Advocate Capital we were financing our cases ourselves (seven figures). We had been burned by our previous case cost financing company and we were not interested in going down that road again. Mike and AC took a long term relationship approach and allowed us to become comfortable with them, them to understand us, educated us on how they could help us and how they were different from the others.
Mike and Advocate Capital are the real deal and the best in the industry that we know of. Thanks Mike!
SLS Consulting
Joseph H. Saunders said:
Thanks for the informative blog. I read Mike Swanson’s book and was impressed at his understanding of the finance principles of running a law practice. Both his name and yours are trusted names in the legal profession. Hope to see you again soon John.
Take care.