Lawsuits are legal proceedings initiated by one party (the plaintiff) against another party (the defendant) in a court of law to seek resolution for a dispute or to enforce a legal right. Lawsuits typically involve allegations of wrongdoing or harm and seek remedies such as monetary damages, injunctions, or other forms of relief as determined by the court.

Posts

Even Responsible People Get Sued

Regardless of your financial status, legal actions can incur substantial defense costs, potentially causing financial strain, irrespective of the lawsuit’s outcome. Being sued, even without liability, can lead to significant financial burdens.

Liability and Safety Tips for Dog Owners

Even typically gentle dogs can bite when scared or protective. Annually, over 4.5 million dog bites occur, and around 800,000 require medical care. Over half happen on the owner’s property, contributing to a third of homeowners insurance liability claims.

Employee Lawsuits and EPLI Protection

Employing one or more individuals increases the likelihood of facing an employee lawsuit, regardless of your business’s size or structure. Small businesses, including family-run ones, are equally susceptible to such legal challenges as larger corporations.

Top 10 Small Business Insurance Claims

An analysis by The Hartford reveals that four out of 10 small businesses may face property or general liability claims within the next decade, with burglary and theft being the most common. However, the most expensive claim for small businesses involves reputational harm, encompassing issues like libel, slander, and privacy violations.

Good Managers Don’t Get Sued…Right?

Most managers gauge their legal vulnerability by their perceived competence as leaders, assuming that treating employees well shields them from lawsuits. However, if a firm has more than two employees excluding spouses, legal risks arise regardless of managerial perception.