A joint venture is essentially a partnership, but only for a specific, and usually limited, purpose. Both partnership agreements and joint venture agreements usually allocate responsibility and compensation between or among the parties. Comprehensive joint venture agreements also address issues such as determining fault for performance that is deficient and establishing obligations for rectifying harm […]
The Quarterly eNewsletter of The AIA Trust —April 2019
It is never too late or too early to begin planning for retirement. As an architect, you have retirement planning concerns that are unique. Many of you are small business owners, and because of your profession, the time frame for retirement may be flexible and may likely include a gradual transition.
National Safety Month focuses on preventative measures that employees can take to maintain an accident-free workplace. In keeping with that mission, here are some best practices that you can incorporate into your daily routine to ensure the safety of you and your colleagues.
It seems that during each cycle of the state legislative sessions, efforts are made either to expand or reduce the business and professional liability exposures faced by construction-related professional service firms. In some instances, under the overall rubric of “tort reform,” efforts are made to redefine exposure and channel liability.
When you’re looking for ways to make the most of your retirement savings, don’t overlook the advantages of rolling over eligible retirement plan accounts from previous employers into your current retirement plan account.
The AIA Trust released a new white paper on the crucial legal & professional considerations for architects regarding fiduciary duty. While there is no surprise about lawsuits founded upon professional malpractice, or the breach of a professional services agreement against design professionals, concerns may arise when a design professional is also sued for the breach […]