Small businesses are often easy targets for lawsuits. A study in Maryland found that 30% of small business owners surveyed had been sued in the past five years, while 42% had been threatened with a lawsuit in the same period. Many litigants figure that small companies who typically don't have attorneys on retainer will often settle for something rather than incur the cost of seeing things through. While there's no magic coat that can be worn to protect a business from legal actions---justified or not---there are measures you can use to greatly reduce your exposure.
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