New Year Forecasting
- LEGAL, Legally Speaking, Outlook & Trends
- September 24, 2024
By Brian C. Padove and John E. Sebastian, Watt Tieder Hoffar & Fitzgerald, LLP The construction industry has an unfortunate notorious reputation of being resistant to adopting new technological changes while other industries (finance, healthcare, etc.) rapidly embrace digital transformations. While dealing with this reputation, the construction industry, likewise, has been dealing with a decades-long,
READ MOREBy Joseph Kanfer, Woolford Kanfer Law, PC One of the most important things a subcontractor can do to plan ahead is to have a plan to get paid on their projects when their customer does not pay on time. Many subcontractors do not start thinking about what steps they might take to get paid until
READ MOREBen Lowenthal, Hendrick, Phillips, Salzman & Siegel Contractually speaking, subcontractors generally assume the greatest risk and reap the smallest rewards of all participants in any given construction project. To survive and thrive, subcontractors must take all precautions to minimize or control these risks, which include unfair, one-sided contract clauses. Knowing and understanding payment-related contract clauses
READ MOREBy Karalynn Cromeens, The Cromeens Law Firm As my friend Tom Reber says in his book Winning the Contractor Fight, “Money is like oxygen to your business”. Meaning your business cannot survive without money. As a subcontractor in the commercial construction world with a “pay when paid” clause in every contract, you are not always
READ MOREBy Michael Metz-Topodas, Saul Ewing LLP Hundreds of thousands of unfilled positions, an aging field worker population, and competition from other industries—all these factors significantly contribute to the construction industry’s workforce development problem and its struggle to attract and retain young workers to the profession. Anecdotally, industry insiders have blamed such low involvement on the
READ MOREBy Karalynn Cromeens, Cromeens Law Firm, PLLC Do you know what a legal land mine is? A legal land mine is one of those things that you don’t even know you need to be aware of but stepping on one can blow up and destroy your company. In this blog, we will walk you through
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