How Much Does It Cost To Make A Wage And Hour Case Go Away?

Well,  . . .  it depends.  A recent report, however, sheds some light on the subject.

NERA Economic Consulting has once again published its Trends in Wage Hour Settlements.  We previously reported on NERA’s 2012 and 2011 publications.

The 2013 update confirms what we all knew — that settlement of wage and hour litigation continues to be a huge money maker for plaintiffs (and their counsel), and a huge cost to employers.  Although we see a slight decline in the number of cases settled in 2013, to date, that number is still significant. 

NERA’s study, which draws in large part upon data from Seyfarth Shaw’s Annual Workplace Class Action Litigation Report, examined 51 cases settling for a total of approximately $215 million in the first three quarters of 2013 (and 497 cases that settled for $2.95 billion total since January 2007).  It reports:

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