From 2005 through 2015, almost all intellectual property claims against design professionals in the Schinnerer and CNA program involved copyright issues. Intellectual property, perhaps the most valuable asset for design professionals, includes trademarks, patents, and copyrights. While intellectual property claims in the program were minimal, design professionals should be aware of these risks arising from […]
The Quarterly eNewsletter of The AIA Trust —July 2017
Most architectural firm owners and managers must address critical priorities in addition to the business of architecture. These include managing taxes, attracting and rewarding valued employees, and establishing a long-term strategy to ensure their own financial security. Fortunately, as a firm owner, you have an option that could help to address all those goals: sponsoring […]
What should you do when your client wants you to assume a duty to defend the client in any claim brought against him or her relating to your professional services? And how do you avoid this unduly burdensome risk?
One of the most difficult decisions in long-term care planning is whether to purchase long-term care insurance (LTCI) and which product best suits your needs. On the one hand, LTCI premiums are high and they may be raised in the future. Plus, if you are in your 50’s and 60’s when purchasing policies, the need […]
Risk management education is key to managing a successful firm—and utilizing risk management webinars on critical topics is an indispensable approach. The longevity of an organization doesn’t happen by chance. It is the result of careful planning that includes proactive risk management.
Are you clear on the federal pay rules for compensating overtime correctly so your firm isn’t confronted with audits, back pay, and fines?
Healthcare reform is a topic that continues to dominate the news. This article provides background on the current situation, what the AIA Trust now offers to AIA members and its future plans.
Integrating architectural services into a more collaborative design and construction process is transforming practice today. And younger architects are leading this transformation. Design creativity and instantaneous communications are two key characteristics of the youngest generation in the architecture profession. Rapid changes in technology provide transformational tools to enhance both creativity and communication.