Michael Swanson | Law Firm Finance 101: Essential, Practical Tips for Stability and Success

The Lawyer's Edge

Michael Swanson is the Chief Executive Officer and Chairman of the Board of Directors at Advocate Capital, Inc., a litigation finance firm that provides funding to law firms, lawyers, and plaintiffs for legal disputes. Michael’s daily role covers a wide variety of responsibilities, including client relations, strategic planning, marketing, and public relations.

Before joining Advocate Capital, Inc., Michael was the President of Wellgen Standard LLC, a private equity firm, and the Vice President and General Manager of Champion America, Inc. Michael is the author of How David Beats Goliath: Access to Capital for Contingent-Fee Law Firms, and he also hosts the How David Beats Goliath Podcast.

In this episode…

Where do you turn when you don’t feel confident about the finances of your business? Is there a way to gain capital outside of your firm? Most importantly: what do you need to know in order to stop stressing about your finances in 2021?

As the Chief Executive Officer of Advocate Capital, Inc., Michael Swanson knows that lawyers often struggle with financial and business issues. That’s why he decided to help lawyers manage their financials so they can get the best possible results for their clients and their businesses. With his expertise and insights, you can be more confident about your finances—without having to become an accounting expert.

On this episode of The Lawyer’s Edge podcast, host Elise Holtzman sits down with Michael Swanson, the Chief Executive Officer and Chairman of the Board of Directors at Advocate Capital, Inc., to discuss everything lawyers need to know about loans, capital, and finances in 2021. Michael outlines common mistakes lawyers make when dealing with finances, his tips for applying for a loan, and the importance of increasing your net worth outside your law firm. Stay tuned.