The Cost Of Employment Lawsuits

According to Bloomberg Law Reports published statistics, employment lawsuits have risen over 400% in 20 years.

Additionally, according to the report, if an employment lawsuit is filed against the employer in Federal court, statistically there is a 16% chance that the employee will win more than $1 million and an almost 70% chance the employee will win approximately $165,000. The average lawsuit award is approximately $500,000.

It is essential that employers have good policies in place. Company management should be well versed in employment best practices for their industries.

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