how to avoid being sued

How to protect your business from being sued

According to the US Financial Education Foundation, there are an estimated 100 million lawsuits filed every year in the United States. With that said, the US Chamber Institute for Legal Reform reported that litigation costs continue to increase and consume a higher percentage of corporate revenues each year. Duke Law School conducted a survey of 36 large US corporations who had faced litigation between the years 2000 and 2008. They found that between these years, litigation costs (as a percentage of revenues) increased by 78% for 14 of those companies. In 2008, the average outside cost of litigation was close to