Newsletters

How the CARES Act May Assist Self-Employed Architects

The new Coronavirus Aid, Relief, and Economic Security Act (CARES Act) that was just made into law may provide economic assistance for architects who are self-employed. Under Title II, Assistance for American Workers, Families, and Businesses the Unemployment Insurance Provisions Eligibility, the new law expands the scope of individuals who are eligible for unemployment benefits…

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The Threat is Real: Cyberattacks Against Architectural Firms

Many architectural firms are tempted into believing they’re safe from cyberattacks because they don’t consider their data to be “sensitive” enough to attract criminals. A new article published by the AIA Trust is filled with real case studies and highlights how very attractive architectural firms are to cybercriminals, the most successful attack vectors currently in…

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5 Reasons Why Smart Women Architects Buy Life Insurance–or More of It

One of the most harrowing experiences I’ve ever had was during the sixth month of my pregnancy. My husband was out late, hadn’t called, and I was, of course, angry at his thoughtlessness. But this very evening, he had misjudged a bend in a rural, mountain road—and plummeted off the side of it into a…

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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. An indemnification clause is your promise to cover the losses of the…

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April 2020 Healthcare Update

The Coronavirus currently dominates the healthcare discussion in the United States and around the world. Large insurance carriers have announced policies regarding out-of-pocket expenses and what is covered – and there are expert suggestions on where we might go from here. Regarding healthcare insurer policy changes, see: ahip.org/health-insurance-providers-respond-to-coronavirus-covid-19/ In addition, there is expert advice on…

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AIA Trust Programs Assist Members

AIA Trust insurance programs are making efforts to assist AIA member insureds during this uncertain time. For example, New York Life Insurance Company has temporarily extended premium payment periods to ensure that impacted members continue to remain insured even if they are having difficulty making premium payments now.  AIA members under age 50 can now…

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Is Life Insurance for Single People?

Many people assume that life insurance is only for married couples and those with kids. While it is true that all single people may not need life insurance, there are some important reasons to consider it.   You have student loan debt.  Debt doesn’t die with you. While the loans through the federal government are…

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Show Me the Money!

With the start of the new year, the 2020 AIA Trust, Victor and CNA Component Grants Program guidelines are now available for your component to submit winning program ideas for grants up to $3,000 each. Submissions are due by March 31, 2020. More than $300,000 has been awarded directly to AIA Components for innovative programs…

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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! Whether you’d like to learn more…

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Green Design: What Can Go Wrong?

A new AIA Trust paper about the potential impact of the green design movement on the architect’s standard of care explores new risks and legal theories associated with green design and offers two case studies.

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An Architect’s Guide to P3s

Federal, state, and local governments in the United States see Public-Private Partnerships (P3s) as a means to implement critical infrastructure improvements, such as improved public roads, highways, and bridges, and construct municipal improvements, such as courthouses, airports, and higher education residential facilities, when they have no immediate way to fund them. While benefits abound for…

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Long Term Care: The Time to Plan is Now

According to a report by the National Association of Insurance Commissioners, as baby boomers age, they will have to deal with one of the largest financial risks of their generation: the overwhelming majority of elderly Americans will require long-term care (LTC) in their lifetimes. The expenditure required for long-term care often exceeds retirement income and…

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The Smokey Haze Around Marijuana Facilities Design

In April 2018, the AIA Trust published The AIA Trust Guide to Marijuana Facilities Design which examines some of the necessary design considerations as well as the potential legal risks that a design professional may face in light of conflicting state and federal legal requirements. As these requirements continue to evolve, so do issues that…

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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 important part…

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Why I Purchased Life Insurance at 25

Everyone’s situation is different Mine began recently with a bunch of firsts: my first job, my first apartment and my first life insurance plan. I am now 25, single with no children, some disposable income–and life insurance coverage. How did this happen? The conversation began at work. I asked Bill, a colleague and mentor in…

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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…

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Relationships That Matter

Do good relationships drive success? Architects have many tools available as practitioners, but often cannot hear each other. How can we learn to truly and honestly exchange ideas and information with others? Isn’t good communication the key to good architecture?  Find out some keys to beneficial communication and how to balance relationships to achieve professional…

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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. Available resources include a booklet about…

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Managing Cyber Threats

It can happen to anyone. An event on a system or network detected by a security device or application: malicious activity that is attempting to collect, disrupt, deny, degrade or destroy information system resources or the information itself. As an architect, if you don’t think you need cyber protection or don’t believe someone would want…

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Kick-Start Your Savings Plan

If you’re like many architects, you have strong discipline in how you work with your clients and manage your firm and career. Why not apply a similar discipline when it comes to saving for your future? Considering client needs and budget along with building requirements, material choice and contractors require strong coordination skills and planning.…

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