Design firms should understand the need for proper insurance to cover the loss or damage to their firm’s real and business personal property. This publication is for general information only. It is not legal advice and should not be construed to define the coverage of the Victor and CNA property insurance policy. Consultation with local legal counsel is recommended.
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…