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Volume 31, Issue 1

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Thursday, 18 January 2018 15:57

All in the Family - Family Businesses Are Sued by Employees, Too

Family-owned and operated businesses hold a special place in our economy and social fabric. They occupy a large place as well, accounting for nearly 20% of all businesses. One common perception is that this distinct place is safe from employee lawsuits and the need for Employment Practices Liability Insurance (EPLI).

However, the reality told by EEOC litigation and reported settlements is far different. Family businesses are as vulnerable as any other type of organization, for a number of reasons.