Offering your employees good benefits, including salary, health care coverage, and retirement incentives are key to retaining your top employees and in return, contribute to your firm’s success. In a recent survey, The Study of Employee Benefit Trends, conducted by MetLife in 2010, 47 percent of employers said that keeping their current employees is their […]
Business Coverage / Professional Liability Articles
As architects continue to face economic challenges in the architectural and broader economic community, merger and acquisition activity is again increasing in the design firm world. Unfortunately, concerned more about clients and culture, too many firms wait until the last minute to consult with their insurance advisor. This is a bad mistake that can cost […]
Safe driving and accident prevention may help to ensure your safety, yet you can still be the victim of someone else’s mistake. Accidents kill someone every 4 minutes in America according to the 2010 Injury Facts report by the National Safety Council. In fact, accidents are the leading cause of death for adult Americans under […]
The shared-risk/shared-profit collaborative nature of Integrated Project Delivery results in many aspects of the relationship being defined contractually. But it is unclear how courts will construe the provisions of multi-party agreements with extensive waivers of rights, unusual limitations on risk, and blurring of responsibilities. The delivery system, with its emphasis on contractual liability rather than […]
Small firms and sole proprietors don’t have the luxury of in-house counsel or retained attorneys. But small architecture firms still encounter many challenges similar to large firms when negotiating and interpreting contracts, handling disputes with clients and contractors, and a myriad of other circumstances where a lawyer may be needed. For a limited time, LegaLine […]
In today’s economic climate, more and more, architects are being asked to address client issues relative to financing, assignment and certification. Every architect should be knowledgeable on these issues and approaches.
Every day, we hear about neighbors suing neighbors; accident victims suing those responsible; and people filing lawsuits for libel, slander and countless other reasons. Think it can’t happen to you? Think again.
In order to protect your firm, contractual provisions such as disclaimers and other exculpatory language need to be carefully worded. Firms should assess the risk of project-specific provisions and work with local legal counsel to craft them appropriately. This is especially true when the provisions include any waiver of claims, requirements for a legal defense, […]
Every firm has documents that should be destroyed, not simply discarded. Documents must be destroyed because firms need to maintain confidentiality when dealing with employee, client or business records that contain personal or proprietary information. Furthermore, firms need to develop a formal document destruction policy that includes a schedule that is adhered to consistently.
Design firms are increasingly seeking opportunities internationally, expanding into foreign countries through a local client or a U.S. client with business abroad. Tapping new markets makes sense but before delving into a new arena, design firms should educate themselves to properly understand the laws, standards, and local industry practices that govern the projects on which […]