The American Arbitration Association (AAA) has implemented noteworthy revisions to its Construction Industry Arbitration Rules and Mediation Procedures. These changes, designed to align with technological progress, streamline processes, and enhance clarity within the construction sector, [...]
Design-build contracts revolutionize construction projects by consolidating design and construction functions under a single entity – the contractor. Unlike traditional methods with separate contractors, this approach streamlines project delivery, reducing communication issues and cost overruns. [...]
Effective March 1, 2024, the American Arbitration Association (AAA) has implemented noteworthy revisions to its Construction Industry Arbitration Rules and Mediation Procedures. These changes, designed to align with technological progress, streamline processes, and enhance clarity [...]
As a business owner, business and estate planning is essential for securing your future and ensuring the desired distribution of assets. Regular reviews and updates are crucial to ensure it still reflects your current wishes [...]
What is a Registered Agent? A Registered Agent is a designated entity or individual chosen by a business, such as an LLC or C Corp, to receive legal notifications, government communications, and compliance-related documents on [...]
The impact of "pay-if-paid" clauses in construction contracts on a business's financial landscape is significant. These clauses pose a risk for subcontractors, as they may not receive payment for their work or materials unless the [...]
When launching a construction project, stakeholders, including developers, designers, and contractors, may encounter unforeseen issues by relying on an "industry standard" contract form instead of tailoring it to the project's specific needs. Urgency in project [...]
Contractors can safeguard their projects by understanding and addressing common causes of construction disputes. According to the latest Crux report on global construction claims and disputes by HKA, the following issues are prime triggers for [...]
In the legal landscape, establishing robust client relationships isn't merely a practice but a fundamental principle for success. It enhances trust and credibility, as clients are more inclined to confide in a trusted firm, fostering [...]
Construction contracts typically contain provisions specifying how and when contractors should inform parties about potential claims for added compensation or time. These clauses aim to equip project stakeholders with crucial information for handling unforeseen events [...]
Employee Incentive Programs play a vital role in recognizing and rewarding exceptional contributions from employees. These initiatives are crucial for elevating productivity, increasing job performance, and encouraging teamwork throughout the workplace. Beyond the immediate benefits [...]
