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In recent years, the number of wage and hour lawsuits, particularly those related to overtime pay, has increased dramatically.

According to the National Economic Research Associates report “Trends in Wage and Hour Settlements: 2012 Update,” (3/12/13; www.nera.com), the increase in the number and cost of law suits in this sector is significant, moving from an average settlement of $4.6 million in 2011 to $4.8 million in 2012. That probably sounds like quite a bit of money, but let’s examine the numbers in greater detail.

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