Synopses & Reviews
How David Beats Goliath: Access to Capital for Contingent-Fee Law Firms addresses a little-known but critical flaw in America’s system of justice. Average citizens and workers who have been injured or wronged through negligence or malfeasance are guaranteed their day in court. In practice, however, this bedrock legal right is compromised. The problem is a paucity of fair and reasonable funding for expenses incurred in the bringing of personal-injury and other lawsuits. Writing for trial attorneys who represent middle-class or even indigent clients, author and finance expert Michael J. Swanson outlines this complex problem in a clear and lucid book that every dedicated trial lawyer should own. “By temperament, training and the long traditions of their profession, contingent-fee lawyers often fail to maximize the business needs of their practices,” says Swanson, “They especially fail to understand and control the cost of their capital structure.”
Review
“Mike Swanson’s book is a must read. I give it the very highest recommendation.”
J. Gary Gwilliam, Esq.
Gwilliam, Ivary, Chiosso, Cavalli & Brewer, Attorneys at Law
Review
“Applying the sound advice from this book will help you create a financially sound and stable law firm. I wish this was available when I opened my first law firm.”
Kenneth L. Hardison, Partner
Hardison & Cochran, PLLC
Review
“I went to law school to be a trial lawyer not an accountant. This book relieves you of the worries of cash flow so that you can practice law and not bookkeeping.”
David J. Hoey
Law Offices of David J. Hoey, P.C.
About the Author
Industry veteran Michael J. Swanson, the President and Chief Executive Officer of Advocate Capital, Inc., has written a definitive, common-sense book that explains how contingent-fee funding works, who provides it, what it costs, and how law firms can acquire and use it efficiently.