Two of the most common types of court cases stemming from business ownership are employment practices liability (EPL) suits and directors and officers (D&O) claims. Unfortunately, these types of cases are on the rise, and it's not only big corporations that have to defend themselves. (Credit: Bigstock) Two of the most common types of court cases stemming from business ownership are employment practices liability (EPL) suits and directors and officers (D&O) claims. Unfortunately, these types of cases are on the rise, and it's not only big corporations that have to defend themselves. (Credit: Bigstock)

When you're in business for yourself, or you're an officer or director in a company, you already know that disagreements can turn into lawsuits quickly and that the cost of these suits can be astronomical — even if you win.

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