By far one of the most litigious areas of law is employment law, every employer knows that if you make a mistake here, it can cost you years of profits, lots of stress or even your company’s reputation in the industry or your local community, as these types of lawsuits nearly always end up in the newspapers. The best way to protect yourself is to make sure that your company manuals are current, that you follow the OSHA laws and that your human resource folks know the laws.
If your company is small, then you better know the laws too, and know them well. You need a competent attorney who specializes in this area of law to keep you from getting into hot water, that could cost you dearly later on down the road. You have to know the facts, but you need to have some background knowledge first. So, I recommend that you buy a book or two on employment law and a book on employment forms too. If there ever is a lawsuit, the side which has the best documentation, generally will win.
Ask your attorney what types of information you need, what is important to keep track of and learn about the most common types of lawsuits out there. Even if you are a small company with only a few employees, you need to be careful and know the facts. I have seen companies go out of business over simple employment lawsuits. I do not want to see that happen to you, I want you to succeed in your business, so hire the best, and get some knowledge under your belt to hedge yourself against any future lawsuits.