Impact On A Case

This interactive chart represents the estimated impact of the Advocate Capital, Inc., Case Expense Funding product on a typical contingent-fee case. These are only estimates, and actual experience may be somewhat different. You can change any or all of the variables. “Recalculate” and see immediately how the distribution of proceeds changes*.

*Calculations are based on a Prime Rate of 8.5%


Case award or settlement ($):

Attorney contingency percentage:

Total amount of case expenses ($):
Case expenses as a % of settlement:

Case length in months:

Recalculate


Client:	$57,000	57%	$56,382	56.4%	$-618	-1%
Interest & AdvoTrac®:	$0	0%	$618	0.6%	$618
Firm:	$33,000	33%	$33,000	33%	$0	0%
Expenses:	$10,000	10%	$10,000	10%	$0	0%
Total:	$100,000	100%	$100,000	100%	$0	0%

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* 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, which is a Member FDIC and Equal Housing Lender. Loans may be subject to credit approval.

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