“Democracy is messy, and it’s hard” said Robert Kennedy, Jr. about the political landscape. Current trends in the built environment may doubly merit that observation. In a democracy where everyone has a vote and a say on a wide variety of issues, decision-making can get complicated. In a very similar way, technology is democratizing how […]
Business Coverage / Professional Liability Articles
Blueprint for a Better Future
At the AIA Conference on Architecture 2019, Las Vegas, June 6-8, 2019, AIA members will have the opportunity to strategize their own future with three AIA Trust sessions about starting a firm, running a virtual practice, and ownership transition. Plus, the AIA Trust on the Expo floor is offering a wide range of can’t-miss free […]
What You Need to Know About Business Continuity Planning
When running a firm, you need a business continuity plan to ensure orderly leadership transition in case one or more key people leave, no matter the reason. Leaders, whether owners or managers, may leave because of retirement, death, a disagreement over strategy, or a job opportunity at another firm. Planning is crucial — and an […]
Blockchain: 5 Things to Know Now
While the conventional wisdom around blockchain is that it’s a technology only affecting financial markets, design and construction stakeholders ought to pay attention to new developments, too. If you don’t, you risk falling behind on an important trend that potentially presents a competitive challenge for your firm.
Walking the Thin Line on Indemnification
With increasing frequency, architects and other design professionals are being asked (and in some cases, even required) to sign agreements in which they undertake to indemnify their clients against any loss that the clients may suffer in connection with projects for which the design professionals have provided services. In some cases, the indemnification clause is […]
How Employment Lawsuits Can Destroy Your Firm
Small firms are the most vulnerable to crises, disasters, and lawsuits. In fact, according to the US Chamber Institute for Legal Reform, more than 40 percent of small businesses were either involved in or threatened with a lawsuit due to A) administrative oversights or errors, B) undelivered services or C) poor quality of service, much […]
Small Firm Business Models
Today is an invigorating time to pursue best practices as they evolve to face challenges in the design professions. Architects in firms of all sizes are being inundated with ever expanding information and technologies to consider. How does one stay informed, engaged, and focused at the leading edge of best practices?
The Reality of Virtual Architectural Practice
A recent webinar, Virtual Architectural Practice—An Alternate Reality, presented by the AIA Trust in partnership with the AIA Practice Management Knowledge Community, showcased current virtual practitioners, a legal expert, and an insurance expert who shared their insights in a 90-minute session. The webinar was designed to help you understand the many benefits of a virtual […]
The Perils of Substitutions
While you may have spent years developing a reliable specification based on research and product performance to be sure your work is exemplary, you may be asked to review proposed product substitutions with which you have limited knowledge or experience. Since you may be perceived as obstructionist if you object or viewed as approving the […]
How to Start & Run Your Own Firm
In case you missed—or just need a refresher—on the A’18 session, How to Start & Run Your Own Firm, check out the AIA Trust web page about Architects Starting a Firm, New in Practice. You’ll find a long list of free practice resources to help you on your way.
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