The Shocking Revelation Of Can I Sue A Lawyer For Lying? | Can I Sue A Lawyer For Lying?

In 2010, James Daily faced three things no advocate anytime asks for: the admiral were calling him; he was actuality sued for $500 million; and subsequently, he was on the advanced folio of the Wall Artery Journal. Afterwards establishing a celebrated career in law, Daily was now the one who bare a advocate — all because he did the appropriate thing. He had appear embezzlement, and this was payback.

Today, Daily is a self-made millionaire active his own firm, Daily Law Group, who now lends his ability to the U.S. government. Daily’s adventure to top dog, however, would be abounding of battles.

Daily grew up in rural Wisconsin, a affiliate of the 4-H club and the Boy Scouts. “I knew I capital to be a advocate in the fourth grade,” touts Daily. In elementary school, he accidentally agape over his friend’s lunchbox, breaking his thermos. “Daily, I’m activity to sue you,” his acquaintance said. “Sue me? I’m activity to sue you!” rebutted Daily. From that moment on, Daily knew he capital to go into law.

Daily advised at University of Wisconsin-Whitewater as an undergraduate, and afterwards seeing a advertisement depicting Pepperdine University in Malibu in the asleep of a Wisconsin winter, he went west. Two and a bisected years later, Daily accelerating Pepperdine Law Academy and anesthetized the bar a half-year advanced of his class. At 24, he was a practicing lawyer.

“If you accept your apperception set on something, get it done. Land the plane. Finish it,” advises Daily. This abstraction is captured in Jim Collins’ book “Good to Great: Why Some Companies Accomplish the Leap and Others Don’t,” one of Daily’s admired reads.

“Do one affair bigger than anyone abroad in the apple and bake the ships abaft you. I’ve been best acknowledged aback I focused on alone one thing,” says Daily. “Spinning your auto with too abounding opportunities, you’ll never get annihilation done.”

Daily anon started his law career in architecture birthmark litigation, arresting allowance companies and engineers at Morris Polich & Purdy. Again a adverse ancestors accident afflicted his focus. “My 88-year-old abundant uncle was run over by a car while bridge the street. He died instantly, abrogation his abandoned wife. They were affiliated for over 50 years.”

Daily helped his abandoned abundant aunt accomplish a affirmation adjoin the behindhand driver’s allowance aggregation for their $500,000 auto allowance policy. “We submitted the badge letters and medical bills, and I wrote a claimed letter.” Daily was abashed aback the allowance aggregation against advantageous the abounding amount of the policy. An executive’s algid acknowledgment about his abundant uncle was, “Well, you know, he was old. His activity aloof wasn’t account actual much.”

At that moment, Daily abdicate arresting allowance companies and set out to sue them — as a claimed abrasion advocate at a new firm, Reinecke & Daily. He again zeroed in on businesses base the elderly. “I went into ancient corruption litigation, suing nursing homes for apathy elders.” As a newfound best of underdogs, Daily excelled: in 1997 and 2000, he was voted Claimed Abrasion Advocate of the Year by Consumer Business Review.

Meanwhile, Daily’s acquaintance ambidextrous with allowance companies and businesses from both abandon showed him how corporations abstain acknowledgment by alignment their businesses to avoid risk. This compassionate would afterwards advice him body his convenance in business action and asset management.

Daily abdicate arresting allowance companies and set out to sue them instead.

Image Credit: James Daily

Daily’s ability in business structures fabricated him an asset to some of his friends, who were ambitious entrepreneurs. He anon begin success attention their assets. By 31, the adolescent advocate had accomplished a $34 actor adjustment in dot-com litigation, apery the architect of a aggregation whose rights had been taken by business partners.

Fast advanced to his 40s, aback Daily was fabricated trustee of an $800 actor portfolio of assets abundantly consisting of pools of activity allowance behavior captivated by trusts accustomed with monies from adopted banks. As trustee, he bound detected a counterfeit scheme. “I saw that addition at the aggregation had ‘misdirected’ $4.5 million. Aback I acicular it out to the grantor of the trust, the actuality alternate the money and was fired.”

As retribution, the bandit awash a abundantly apocryphal adventure about the company’s affairs to the Wall Artery Journal. In the deathwatch of the Bernie Madoff case, AIG activity under, and the banking crisis, the advance association pulled out all their investments — tanking the company’s assets overnight. “The accomplished business of advance is based on trust,” shares Daily. “The bandit casting a adumbration of agnosticism on this accepted business, and it broke the company. The architect concluded up committing suicide.”

While Daily wasn’t accountable or responsible, all-embracing banks capital their money back. “A auto pulled up to my appointment with 10 attorneys and a banker, adage they had apprehend the Wall Artery Journal article.” Knowing that his annal and business practices were above reproach, Daily anon had all transaction annal brought into his appointment allowance and offered to about-face over all his documents.

“I accept a almanac of every distinct transaction and am blessed to accommodate you aggregate you need,” Daily told them. “You ability appetite to allocution to the fund’s advocate first,” a advocate replied. Daily anon begin himself bent amid aggressive all-embracing banks, a receiver, and the Justice Department’s analysis for the SEC.

Frustrated, the banks hit Daily with a accusation for bisected a billion dollars. “I aloof didn’t accept a half-billion lying around,” says Daily. “It was accessible that the banks in Taiwan capital to sue HSBC and sue them in California, admitting all their assignment was in New York City. They knew suing a California citizen would acquiesce them to accumulate HSBC in cloister in California. So my close got sued with HSBC for $500 million.”

Meanwhile, the admiral had taken an absorption in the high-profile case and were calling his office. “I maintained accurate records, acceptance a receiver and the Justice Department to go through every certificate and afford ablaze on the absolute situation,” he recalls.

Eventually, Daily was austere with aught liability, and the case was dismissed. Throughout the process, he got his aboriginal addition to alive with the federal government. “In that case, I met a lot of nice FBI agents,” he quips. Daily’s affiliation to the FBI and actuality on the advanced curve of crisis would afterwards serve him — and others. “I was sued for bisected a billion dollars, and it could accept ashamed me. Instead, it helped me to get area I am today.”

Shortly after, Daily took on a case in which brood to a ancestors dairy acreage were actuality bamboozled out of their inheritance. “One of the daughters came to me about addition matter, but commodity smelled of fraud. I begin out attorneys had hoodwinked the family, demography all their assets beneath the beard of actuality ‘good stewards’ of their property,” animadversion Daily.

“By that point, I accepted activity allowance behavior and how bodies confused money to actualize banking structures to bottle them.” The ancestors had been told not to allocution to anniversary other, which Daily says is a admonishing assurance that someone’s aggravating to rip you off. “Fraudsters actualize accidental clandestineness and division.”

Fortunately, Daily now had accompany in the FBI. He appear the arrant artifice and helped an FBI abettor go clandestine to apprehension accessible the case. Meanwhile, Daily froze his clients’ assets, preventing the counterfeit attorneys from affective them around. He acclimated an beatnik access — a abstinent order. Daily was able to balance $30 actor account of acreage in one hearing.

Daily has been complex in all kinds of cases, from allowance the FBI go clandestine to attention citizens from corruption by dictators.

Image Credit: James Daily

While Daily has apparent the affliction ancillary of animal nature, he’s still a accepter in the good. “As lawyers, we affirm an adjuration of uberrima fides: absolute faithfulness. That’s what guides me.”

At 53, Daily is now a self-made millionaire and founding accomplice of his law firm, which helps high-profile audience with fiduciary corruption litigation, including fraud, crisis management, and business and ancestors disputes. Seeing so abounding audience through crises has accomplished the advocate some acquaint on how to survive and thrive.

“The bodies who survive are the ones who can acclimate to change,” says Daily, who is active affidavit of this and whose convenance has acclimatized forth the way.

"The bodies who survive are the ones who can acclimate to change," says James Daily.

Image Credit: James Daily

Daily is now alive with the State Department. His ability in fiduciary corruption led him to Washington, D.C., area he’s been asked to advice assure citizens of all-embracing countries from corruption by dictators. “I appetite to advice bodies from countries who accept had their assets baseborn by their own leaders,” he shares.

In angry for their rights, Daily insists that bodies are added able than they think. “Even the aboriginal dog can lift its leg on the tallest building.” Daily acutely isn’t abashed to lift his accepted leg. “I’ve sued big about traded corporations, with billions abaft accomplishment sales.”

When asked what fuels him, Daily shares that abundant of his action comes from his apprehensive beginnings. “Where I grew up, it was simple. You were honest. You did the appropriate thing. You served the community.” With his compassionate of how corporations and governments work, he sees how the little guy can abatement victim to annexation or artifice if they don’t apperceive the law. “After all, you don’t apperceive what you don’t know.” Daily wants to assure bodies from this affectionate of exploitation.

“I see myself as karma. If addition Fs with the universe, I’m activity to F with them. I will set it right.”

Connect with James Daily on LinkedIn or appointment his website.

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