Want to create an interactive transcript for this episode?
Podcast: Leveraging Inspiration: The Inspired Patent Podcast
Episode: S13 E32 Avoid a lawsuit when hiring with Wayne Carroll and Scott Gibson
Description: S13 E32 Avoid a lawsuit when hiring - Best practices when hiring employees with experience.
An SBA report on Small Business litigation from 2005 showed that Litigation costs for small businesses (firms) are between $3000 to $150,000 per lawsuit The survival rate of new employers falls from 69% of all new firms in the first 2 years to 33% survival rate if they are involved in a lawsuit. Small firms hire 43 percent of high-tech workers (scientists, engineers, computer programmers, and others) We are joined by Attorney Scott Gibson, a trade secret expert. Scott, is there a risk of being sued when hiring someone...