This article describes the staggering expense of an employee lawsuit for a company: An average cost to defend is $125,000 and a typical judgment of approximately $200,000 if the employee prevails. To avoid these issues, employers should maintain compliance with all state and federal law, proactively address potential employment claims as early as possible and strongly consider employment practices liability insurance to protect your company against these claims. I am happy to talk with you about these concerns and all other difficult corporate and employment law issues that your company faces.
Read more about it here.