Growth Case Study On average, our clients increase their revenues by 16% within the first year of partnership and increase overall net worth.*

The featured firm in this case study became an Advocate Capital, Inc. client in 2008. The statistics below are actual reported financial data. For specific details on the history, composition and growth of this law firm, see reverse side.

Growth Case Study

Law Firm Increases Revenue & Net Worth >80% First Year

This 2-partner law firm became an Advocate Capital, Inc. client in 2008 with specific goals of increasing revenue, size of the firm, case volume and diversification of their personal injury practice. The partners were very open to financial coaching and the results were incredible across all categories. Revenues for 2008 were confirmed at $1,163,725 and year-end 2009 at $2,121,368 – an 82% increase in year 1 of the partnership. This trend has continued throughout the relationship. The firm reported year-end 2014 revenues of $5,869,304 - more than 400% increase over 6 years. The impact on net worth was even more astounding. At the initial underwrite in 2008, the combined net worth of the firm and the two partners was approx. $140,000. During the 2009 underwrite, the total net worth had grown to $254,000 – an 81% increase for the first year. Not surprisingly, this calculation also continued to surge. In 2014, the combined net worth attained by the firm and guarantors was $2,778,458 - an amazing 1800%+ increase! By using Advocate Capital’s money to fund cases rather than constantly re-investing their own after-tax cash, the partners were able to increase revenues AND build net worth outside the law firm simultaneously. The firm structure changed dramatically over the 6-year period expanding from two (2) partners, 1 associate and 2 staff members to 17 lawyers with 27 support staff and offices in four (4) states. In tandem, the case portfolio grew from 125 personal injury cases in 2008 (mostly MVA) to over 2,200 PI clients in 2014 spread over a variety of litigation types including medical malpractice, products liability, and social security disability. As one would expect, the firm’s advanced case costs grew exponentially with the practice from approx. $200,000 in 2008 to almost $1,200,000 by year-end 2014. By reviewing the firm numbers and financial progress annually, Advocate Capital was able to increase the credit facility from the original approval of a $100,000 line of credit to $2,000,000 for the 2014 renewal to keep pace with this exemplary growth trajectory. Keys to this Success:

1. Partners were open to consultation on building net worth, revenues, etc. 2. This law firm totally embraces the interest pass-through concept and makes the ACI

program a top-down initiative for the entire team.