Money

June 6, 2020

How Much Is Enough?

About 20 years ago, I had a wealthy client who was generating more than $1 million a year in income from various businesses that he owned. For the purpose of this discussion, I’m going to call my client “Jim.” In one of his businesses, Jim had a partner who got upset and cut off all contact with Jim and changed the locks and took control of the building where the business was located.

May 30, 2020

Is It Sinful To Accumulate Wealth?

Last month in my article, It’s Time To Fend For Yourself, I wrote about how our country was built upon two religions — a secular religion that was based on the beliefs and principles of individualism, self-reliance, freedom, hard work, patriotism, and independence, and a biblical religion that was based on the beliefs and principles of the 10 Commandments, the God of the Old Testament, and the teachings of the Son of God.

May 9, 2020

Government Officials & Fake Mercy

There’s a saying that has become common among the people who believe that it’s time to end the coronavirus lockdown: “The cure can’t be worse than the disease.” Another saying that has become mainstream is, “How many lives are you willing to sacrifice to prevent one coronavirus death?”

April 25, 2020

It’s Time To Fend For Yourself

The foundation upon which the United States of America was built consisted of two religions: a secular religion that was based on the beliefs and principles of individualism, self-reliance, freedom, hard work, patriotism, and independence, and a biblical religion that was based on the beliefs and principles of the 10 Commandments, the God of the Old Testament, and the teachings of the Son of God.

April 4, 2020

The Illusion of Security

There are several ugly truths about life that most of us ignore. I want to cover two of those ugly truths today. The first is that the path through life is fraught with uncertainty. The second is that by the time we’re mature adults, we have had experience with the first truth, but most of the time, we tuck it away into a deep dark corner of our minds. Then we go on with our lives behaving as though the first truth does not exist.

March 28, 2020

A Blank Check From A Billionaire

When I was 12 years old (1969), I experienced two events that changed the course of my life: I got my own paper route, and my mom drove me to the bank and opened a checking account in my name. The reason she opened the account was because she didn’t want the job of writing a check every week to the company that owned the newspaper, the Peoria Journal Star. When we got home from the bank, she taught me how to write checks. When the first bank statement arrived in the mail, she taught me how to reconcile the account.

March 2, 2019

Why Do We Remember Suffering Forever?

Last week, I wrote about what I say to a jury to introduce them to the concept of placing a value on pain and suffering. I discussed how a dollar “value” was once placed on individual slaves, and how property that has been damaged is valued. I provided examples of how we value a damaged washer and dryer, a damaged vehicle, an injured racehorse, and a partially burned famous painting.

February 23, 2019

The “Value” of Human Pain and Suffering

Last week, I wrote about a client who was hit by a car while she was crossing the street, and another client who was hit by a car while she was walking on the side of the road. I explained that under Illinois law, the two women are entitled to reimbursement of their medical bills, lost wages for the time that they are unable to work, and other expenses that are related to their injuries. They are also entitled to receive compensation for their present and future pain and suffering. I also discussed the McDonald’s coffee case and explained the difficulty that lawyers have in presenting the topic of pain and suffering to a jury. Today, I’m going to discuss how I explain to a jury the “value” of a person’s pain and suffering.

February 16, 2019

Pain and Suffering and the McDonald’s Coffee Case

Last week, a young woman hired me to represent her on a case in which she was injured when she was hit by a car. The incident occurred while she was walking to work. As she was walking on the shoulder of a road near the parking lot of a local business, a car suddenly darted out of the parking lot, crossed two lanes of traffic, and hit her. The front bumper of the car hit her on the right side of her knee, causing her to fall and hit her head on the ground.

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