At Advocate Capital, Inc., we recognize the challenges that attorneys encounter when dealing with personal injury cases. These cases often involve emotional trauma, extensive evidence collection, and significant financial stakes. That's why we offer case cost funding to support personal injury law firms in managing their finances and representing more clients.
Personal Injury Case Cost Financing Overview
Our case expense funding is tailored to equip personal injury law firms with the necessary financial backing to effectively advocate for their clients. We provide funds for case-related expenses, ensuring that law firms can concentrate on building compelling cases without financial stress. By using our money, you can get your post-tax profits out of your cases and back into your bank account.
Interested in learning more? Request a sample fee agreement language to see how your firm can recoup the borrowing costs on the cases that you win.
Benefits of Case Cost Financing
Consistent Cash Flow
Our financing ensures a steady cash flow, enabling law firms to invest in law firm growth.
Expand Your Practice
With our support, law firms can accept more personal injury cases, broadening their client base.
Financial Assurance
Our financial solutions offer stability, helping law firms navigate the unpredictable nature of the legal sector.
Types of Personal Injury Cases Our Clients Fund
Auto Accidents: Whether it's a minor fender-bender or a major collision, our case cost funding service can be beneficial to help law firms pay for the experts needed to win the case for their clients.
Workplace Injuries: From construction site accidents to office-related injuries, our case expense funding clients have successfully used their line of credit to support cases that involve injuries sustained in the workplace, including workers' compensation claims.
Product Liabilities: If a defective product has caused harm, our law firm clients seek compensation from manufacturers, distributors, or retailers responsible for the product. They use our case expense financing to fund experts and other case-related costs.
Slip and Fall Incidents: Law firms that represent clients who’ve had slip and fall accidents that occur due to unsafe premises, whether it's a wet floor in a store or a faulty staircase in an apartment building, can find our services helpful to fund their case expenses.
Medical Malpractice: Law firms that represent clients who have been victims of negligence on the part of healthcare professionals, leading to further injury or complications, are supported by our funding.
Wrongful Death: In the tragic event of a death caused by someone else's negligence or intentional act, we provide law firms with the funding they need to support the family's legal claims.
Birth Injuries: We have law firm clients that fund cases that involve injuries to newborns due to medical negligence during childbirth.
Why Advocate Capital for Personal Injury?
Advocate Capital stands out as more than just a financer. We are a trusted ally to the law firms we collaborate with. Our AdvoTrac® case expense tracking software offers unmatched support, and our dedicated team is always ready to help. Listen to our contented clients who focus on personal injury law to understand our impact.
How To Apply for Personal Injury Case Funding
The application process for personal injury case funding with Advocate Capital is seamless.
Application
Engage with our team to outline your funding requirements and navigate our application.
Funding Your Cases
After your firm is approved by our underwriting team, you can finance your cases using a straightforward funding request form.
Regular Payments
Make monthly interest payments on your credit line, typically through ACH.
Case Conclusion
At the end of a case, instantly access a financing summary or payoff quote via our secure online portal. Alternatively, reach out via phone, fax, or email. With our case expense tracking software, AdvoTrac®, law firms are able to track their case expenses case-by-case so they can recover the borrowing costs which makes the net cost of borrowing zero on the cases that they win.
Ready to get started? Find your representative to begin the application process.
FAQs
What constitutes a personal injury case?
A personal injury lawsuit arises when an individual suffers harm due to another party's negligence or intentional act.
How long do personal injury cases typically last?
The duration of a personal injury case can differ, but many require extensive negotiations or trials, lasting months to years.
What are the expenses associated with personal injury cases?
Costs can fluctuate based on the case's intricacy, encompassing expenses like medical records, expert testimonies, and legal research.