Understanding blockchain technology and potential use cases and applications that could impact architects is the topic that Yvonne Castillo Esq, Vice President & Director of Risk Management for Victor and Adam Wilbrecht, AIA, Principal and Chief Knowledge Officer with Cuningham Architects in Minneapolis recently discussed in this webinar. The webinar included an overview of the technology, a review of use cases being tested in various industries, and possible applications in the built environment.
2023 Trends in Professional Liability Insurance
The AIA Trust together with the American Council of Engineering Companies (ACEC) and the National Society for Professional Engineers (NSPE) work annually to conduct an insurance carrier review and interview of professional liability trends and risk management issues. The following are some highlights for 2023 as well as complimentary useful resources made available to you by the AIA Trust.
Avoiding fee disputes
Architecture firms should take the time to establish meaningful fee collection practices so that they can remain financially solvent. Avoiding fee disputes with clients helps maintain positive working relationships while safeguarding the ability to provide services on future projects, including those of existing clients. Timely collection of fees is essential since architecture firms do not…
