Design firms have changed their practice management procedures because of pandemic-related restrictions placed on office settings, travel, and in-person meetings with clients, government offices, contractors, and others involved in putting a capital asset in place. Video conferencing through various productivity tools has become part of the new normal for internal and project communications. But there […]
Professional Liability Articles
10/21 Webinar: Contracting Intel
Make a point to register for the upcoming free webinar ‘Negotiating Contracts: Understand Your Risks’ brought to you by AIA Trust and Victor on October 21, 1-2:30 pm EDT, offering 1.5 AIA learning units credit.
Set Professional Liability Goals and Objectives
Setting goals and objectives that you integrate into your services and project delivery process is an effective way to develop a risk management program for your firm.
New Policy Expands Definition of Insured
For more than 60 years, the Victor and CNA professional liability program has maintained a solid and stable base policy while introducing innovative expansions of coverage. Just as the design and construction industry has evolved, so has their policy. The CNA policy has now expanded the definition of the term insured in a significant way […]
FREE WEBINAR: Enabling Flexible Practice
Due to developments in technology, design firms no longer have to operate as hierarchical organizations that rely on full-time employees to perform consulting services. Firms are reevaluating their organizational structures and practices to better serve existing clients and pursue new opportunities.
Pandemic Risks to Your Firm
Emergency management is the process of preparing for, responding to, and recovering from an emergency situation and the subsequent business disruption. The current viral pandemic should remind professional service firms to update their plans to address possible interruptions related to mass illnesses. All firms should reassess their abilities to meet contractual obligations and business continuity […]
Indemnification Clauses: All You Need to Know
Most architects prefer to design the built environment rather than learn about legal concepts such as indemnification. While you should always engage your attorney to review contract language, this legal concept can significantly increase your risks on a project, especially if poorly written.
Relying on Manufacturer Representations
One of the issues faced increasingly by design firms is whether they have a right to rely on the information provided by manufacturers of products, materials, and systems. The standard of care states that if the reliance of the design firm on a manufacturer’s information or representations is reasonable at the time of the design […]
In Case You Missed It…
The AIA Trust published articles this past year in various AIA member publications. In case you missed them, these practice resources are all now available on the AIA Trust website – along with some new resources on vital topics such as financial management and cyber risk assessment. Check them out today!
Controlling Delays or Extras to Focus on Success
Contractors and clients frequently make claims against design professionals for damages resulting from construction delays. These delays may include claims for extra compensation allegedly arising from changes in the work caused by errors or omissions in the plans and specifications. The defense of these claims often involves an expensive team of analysts, consultants, experts, and […]
- 1
- 2
- 3
- …
- 7
- Next Page »
