DESCRIPTION
If you have big marketing plans and need a way to pay for it all, Mr. Swanson will explain the most economical way to free up cash at your contingent-fee law firm: A line of credit with interest pass-through.
COURSE OVERVIEW
Growing your marketing efforts requires capital. The funds that you have invested in case expenses could be an untapped resource that could yield hundreds of thousands of dollars of capital at almost no cost to your firm. Author and CEO Michael J. Swanson will lay out the key points you need to know in order to make the most of your case expense asset:
- Proper accounting of case expenses for tax purposes.
- How to put your best foot forward during the application process.
- Proper fee-agreement disclosure language.
- Finance integration with QuickBooks, Needles and other software.
- Best practices for case expense funding logistics.
ABOUT YOUR PRESENTER
Michael J. Swanson
Michael Swanson has been a shareholder, Member of the Board of Directors, Chief Executive Officer and a member of the Credit Committee of Advocate Capital, Inc., since 2000. His daily role at Advocate covers a wide range of activities including client relations, strategic planning, credit underwriting, marketing and public relations.
Since 1999, Mr. Swanson has also been President and a Member of Wellgen Standard LLC, a private equity firm.
Prior to Wellgen and Advocate, Mr. Swanson was Vice President and General Manager of Champion America, Inc. He held a variety of positions at Champion from 1989 until its sale in 1999 to Brady Corporation, Milwaukee, WI (BRC:NYSE).
Mr. Swanson is the author of How David Beats Goliath: Access to Capital for Contingent—Fee Law Firms. This book is a definitive, common-sense read that explains how contingent-fee law firm funding works, who provides it, what it costs, and how law firms can acquire and use it efficiently.
Mr. Swanson is also a member in good standing of the American Society of Trial Consultants (ASTC).
Mr. Swanson attended The Ohio State University and Cleveland State University.
In addition to his responsibilities at Advocate Capital, Inc., Mr. Swanson has been a lecturer at seminars and CLE programs nationwide, focusing on financial management and operational excellence at trial law firms.
For more information about Mr. Swanson and his upcoming webinars, please click here.
To learn more about Advocate Capital, Inc., please click here.
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