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August 26, 2013

Lawsuit Abuse Hurting WV Small Biz

Small businesses provide a majority of new jobs, writes WV CALA director Greg Thomas in the Bluefield Daily Telegraph, but are the favorite target of abusive lawsuits:

Across the country, more than one-third of small business owners have been sued, according to the U.S. Chamber’s Institute for Legal Reform. Approximately seven in 10 small business owners say that lawsuits would force them to reduce benefits for employees or hold back on hiring. And, too often small businesses are a target of abusive and costly lawsuits — and this hurts their ability to create new jobs.

West Virginia’s legal climate, ranked as the worst in the country, makes it harder to create jobs, especially when competing with surrounding states with better lawsuit environments.  “When we work together to create jobs, not lawsuits, we can raise awareness about those who abuse the system to profit off the backs of small business to thrive, grow and provide jobs and services to our communities,” Thomas writes.

 

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