Take The Reins Over Risk
By seeking out risk minimization counseling, you can take the reins over legal risks to your business. An attorney who specializes in workers’ compensation defense can help you learn more about the laws and how to navigate a workers’ compensation defense case if necessary. By becoming informed about these legal risks, you can make well-informed decisions—decisions that could impact the future of your business.
Cost Of Insurance VS. Cost Of Litigation
Employers are constantly having to consider costs when evaluating what is right for their businesses: supply and demand, the costs of labor, the cost of products, and overhead costs. Another cost that each employer should take into consideration is the cost of carrying workers’ compensation insurance vs. the cost of a lawsuit if an injured employee should decide to take legal action.
Insurance costs are set, and lawsuits can be costly.
While workers’ compensation insurance premiums are set each year and remain steady, the costs of a lawsuit are impossible to accurately estimate. When workers’ compensation insurance is carried out, an injured employee can apply for benefits and receive compensation for medical costs and a stipend to make up for lost wages, meaning the costs are calculable. However, when an injured employee takes legal action, the costs can end up being ruinous for uninsured employers. For most employers, the benefits of carrying workers’ compensation insurance outweigh the risks because of these factors.
Sacks Law Group, APC Offers Counsel To Minimize Risk In Los Angeles
If you are interested in learning more about workers’ compensation risk management for your business, contact the expert attorneys at Sacks Law Group, APC, for a free consultation. We offer risk management counseling services so that businesses can a proactive approach and shore up their legal protections while reducing the risk of being brought into a costly lawsuit by an injured employee. Call today to discuss your concerns with one of our attorneys.
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Providing comprehensive workers’ compensation defense to insured and self-insured Employers.
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READ THE REVIEWSEmployers Workers' Compensation Defense
The workers’ compensation defense attorneys at our firm know how to build a strong wall of defense around employers, protecting California employers from frivolous and fraudulent workers’ compensation claims. Sacks Law Group, APC, is skilled at working with in-state and out-of-state employers on all workers’ compensation defense issues, particularly in the areas of:
Prior to any alleged injury or accident, we also counsel employers on ways to stay compliant with the ever-evolving California workers’ compensation laws. California employers benefit from our extensive experience and strong credentials when dealing with employee workers’ compensation fraud, as well as allegations of employer workers’ compensation fraud.
Our Blogs
Workers’ compensation claims are designed to support employees injured on the job. However, fraudulent claims can undermine this system, driving up costs for businesses and hurting employees with legitimate needs.…
Facing a workers’ compensation claim as an uninsured employer can be overwhelming. California has strict laws requiring employers to carry workers’ compensation insurance, and failing to comply can lead to…
Workers’ compensation insurance typically covers the costs when an employee is injured on the job. However, when a third party is responsible for the injury, employers in California have the…