If you have disability insurance at work, you may think there isn’t any reason to buy a policy on your own; however, employer disability coverage may not be enough to address your needs. Having disability insurance at work is a great start since the policy can help financially if you become sick or injured and…
Read MoreResource Type: Article
Risk Management on International Projects
For every project that an architectural firm undertakes, the greatest probability of an unfavorable outcome is that the firm will not be properly compensated for the services performed and the value it added to the project for the client. On international projects, there is also the risk that the firm will not be able to…
Read MoreHow to Digitally Archive Your Home
Most people accumulate many possessions over the years. In the case of a loss or theft, this makes having a home inventory essential. You never know when disaster might strike—within minutes, cherished or valuable goods could be ruined. Keeping an archive of your belongings will accelerate the process of replacing damaged property. It will also…
Read MoreBodily Injury Claims: More Shock than Severity
When a claim is brought against an architectural firm alleging that an injury or death was caused by the firm’s negligence, the firm suffers its own kind of trauma. Bodily injury cases invariably cause internal strife and force the firm to question its services. Often, a firm feels singled out for punishment, abused by the…
Read MorePlanning to Have an Accident?
Of course not. No one plans an accident and while it is not plausible to presume one can escape an accident, it is entirely possible to prepare for it. Most people don’t understand the importance of having accident insurance. While auto insurance helps in the event of an accident, it may not cover all the…
Read MoreRecovering Litigation Costs by the Prevailing Party
Clients of architecture firms are increasingly mandating “prevailing party” contractual provisions that allow the successful party in a dispute between the client and the firm to recover legal costs as well as any damages. Often, architecture firms find such provisions acceptable because they assume that if they have to sue a client for a fee,…
Read MoreTips & Guidelines for Working with Attorneys
Providing fact testimony When a lawsuit is filed against an architecture firm for services it provided, members of the firm may be subpoenaed to testify on relevant facts in a deposition and possibly in a trial. View suggested tips and guidelines when providing fact testimony Claims defense from the attorney’s perspective When a claim is…
Read MoreSureties Pursue Design Firms for Recovery of Losses
When a surety has to take over a project from a defaulting contractor, the surety completes the work under the bonded contract and is entitled to the remainder of the contract cost. Often, the cost of completion exceeds the available payments and the surety looks to sources of cost recovery. In virtually every state, courts…
Read MoreRetirement Planning: The Cost of Waiting
“The way to get started is to stop talking and start doing.” – Walt Disney The time for planning for your future is now. But in today’s fast paced, hectic world many people put off important decisions until another day. The excuses—”I don’t have time to plan,” “I can’t afford to invest,” and “I really…
Read MoreBlurring the Legal Concept of Intellectual Property
Increasingly, all project stakeholders will be challenged by the blending of design services related to the construction of a project. Projects on which the design is delegated to or assigned through those responsible for actual construction blur the lines of responsibility and confuse the ability to copyright information and designs as well as the responsibility…
Read MoreBlurring the Legal Concept of Intellectual Property
