The Cost of Negligence: Save $1,500 to Spend $2 Million

Saw this story in the ABA Journal about a company that saved $1,000 to $1,500 by not installing guardrails around a platform at the top of a cargo elevator, as the original design called for, but then got hit recently with a $2.17 million verdict in a lawsuit filed by the widow of a man who died after falling about 20 feet from the platform while repairing the elevator. No surprise there. It's just sheer callousness to pinch pennies when a small expenditure could eliminate a major safety risk in a workplace.