When the terminator shows up, you must be ready. Termination of the contractor on a project almost always guarantees a lawsuit, and the architect is often among the casualties. The risk report, Contractor Termination Lawsuits: The Architect’s Risks and How to Manage Them, addresses why the architect is often sued when a project goes wrong,…
Read MoreResource Type: Newsletter
Live Long and Prosper
The risk report, BIM Me Up, Scotty: Navigating Risk in Digital Practice, is your chance to get the inside on preemptive risk management for your digital travels. It is an opportunity to gain insight for managing your practice so that you can put up your deflector shields to guard against incursions from the litigious Borgs…
Read MoreI’m Responsible for Them?
One of the most important defenses in any professional liability lawsuit is that an architect is not responsible for losses of a person who has no contract with the architect such as a general contractor or sub-contractor on a project. The legal term is that the architect and the third party do not share “privity…
Read MoreA Sustainable Standard of Care?
We live in an age of ever-accelerating change and “advancement”. On the one hand, technological advancement provides the lure and expectation of increased opportunities and efficiencies. However, those new technologies, products, and approaches present an increased potential for failure and disappointment. Design professionals are constantly expected to find new ways of building projects better, faster,…
Read MoreShould You Assume a Duty to Defend?
What should you do when your client wants you to assume a duty to defend the client in any claim brought against him or her relating to your professional services? And how do you avoid this unduly burdensome risk? Agreeing to defend another party, generally, an owner or developer against a covered third-party claim, means…
Read MoreBusiness Coverage Professional Liability
Risk Management Webinars
Risk management education is key to managing a successful firm—and utilizing risk management webinars on critical topics is an indispensable approach. The longevity of an organization doesn’t happen by chance. It is the result of careful planning that includes proactive risk management. Client loss prevention and risk management services are an integral part of the…
Read MoreAvoid Overtime Penalties
Are you clear on the federal pay rules for compensating overtime correctly so your firm isn’t confronted with audits, back pay, and fines? Paying employees overtime pay can be an expensive proposition. Under the Department of Labor (DOL) rules, businesses are not required to pay an employee overtime if the employee is considered “exempt” from…
Read MoreEmerging Professionals and Disability Insurance
Emerging professionals work hard—you apply yourself to everything you do. You thrive by embracing the changes you know life brings. Yet starting your career is only the first step toward achieving financial stability—since all of life’s events cannot be predicted. As you start your future, how do you protect your income? Accidents and illness happen…
Read MoreBusiness Coverage Professional Liability
New! Free Guides for Your Practice
Drones and cyber liability are all over the news these days. And they have big implications for architectural practice. The AIA Trust has just published guides on each of these topics to help architects navigate new regulations and risks. An Architect’s Guide to Using Drones Drones—also called unmanned aerial vehicles (UAVs) or unmanned aerial…
Read MoreOne Trip Away from Financial Crisis
Most people will agree that quality medical insurance is an important part of an individual’s overall health and wellness. However, there is a great deal of variance in the level of coverage offered. In addition, the level of emergency coverage and the type of emergency services included in a medical policy are significant because emergency…
Read MoreOne Trip Away from Financial Crisis
