Business owners face a myriad of hurdles, some of which arise on a daily basis. We have discussed many on this blog, such as allegations of sexual harassment in the workplace and legal issues with other companies. However, the consequences of an employee lawsuit can be particularly damaging for any business, regardless of its size. If one of your current or former employees has decided to pursue legal action against your company, for any reason, it is important to know what is at stake and be aware of how litigation could harm your company. Aside from the financial penalties and potential loss of key business relationships, the damage to your business' reputation could be significant.
Motor vehicle wrecks happen in many different types of situations, whether someone is on a road trip or picking their child up from school. Some accidents, however, take place while a person is working. While truck drivers, taxi drivers and other people whose job responsibilities are centered around driving may face an especially high chance of being involved in a job-related accident, other types of workers may become involved in a traffic crash as well. Moreover, these accidents may lead to litigation.
Company owners come across a myriad of business and legal issues, whether they run a small business, medium size family-owned business, or are in charge of a multinational corporation. On this blog, we have discussed some of the reasons why business litigation arises, such as contract disputes and allegations of unfair competition. With that said, business owners may also find themselves in court over alleged incidents involving employees or independent contractors, from wage and hour violations to sexual harassment claims. It is especially important for business owners in Cincinnati to handle these cases with great care.
Business owners in Ohio are able to classify their workers as either employees or independent contractors. There are distinctions between those that determine which classification the worker falls in, and an employer must be careful to categorize the worker correctly. If they do not, whether the employer does it knowingly or unintentionally, there are multiple consequences the owner faces for improper classification.
The holidays are often a time where employers sponsor or cover some costs associated with company holiday parties. While many employers view these as an opportunity to enhance morale or to build comradery in the workplace, there are a number of potential pitfalls that can make these events an opportunity for inappropriate behavior that can lead to employment claims or claims by third parties due to injuries suffered during or after such an event. When planning and managing the event, business owners should be wary of the following:
Our law firm has covered several different topics when it comes to business lawsuits in this blog. However, there are far more issues to consider, such as the many ways that social media activity can impact a case, or even result in litigation. Whether you run a large corporation or own a small business, you should be mindful of your company's online presence and social media activity - both on the business page and on employee pages that may be connected to the business page. Moreover, you may not even handle your company's online posts, placing these responsibilities on an employee or a third party contractor, in which case you must discuss content, form, and boundaries with them in advance of any posting. As a business owner, it is pivotal for you to understand the wide-reaching implications of social media activity and protect your business. As we often tell clients, if you are actively in business, it is highly likely that you will be sued at some time during the life of the business.
Whenever a lawsuit arises, businesses of all sizes may face different challenges. In Cincinnati and in other cities across the state of Ohio, litigation can be complicated and may have a significant impact on a business' future. Moreover, when an international business lawsuit comes up, moving forward can be even more tricky for business owners. Our firm knows how business owners can feel stressed out and uncertain of which steps to take, but it is crucial to handle these cases properly.
If you run a business, you may encounter a number of challenges. However, we know that contract disputes can be especially difficult and may present serious consequences for a business, from financial penalties to damaged business relationships. In Cincinatti and across the whole state of Ohio, it is vital for business owners who are in the process of drafting a contract to make sure that they do what they can to prevent a contract dispute from arising in the future.
Mergers signal growth for Ohio businesses. However, if the employees in both companies are not adequately prepared, it could spell disaster. According to Forbes magazine, some studies indicate that the majority of mergers fail. Fortunately, many of the pitfalls are avoidable.
In any business deal between equals, you would assume that each side is getting something it wants and bargained for. Nevertheless, you often see a power differential that makes a deal seem lopsided.