The construction industry faces its fair share of challenges. In recent times, two significant hurdles have emerged as top concerns for construction contractors: worker shortages and supply issues. JPMorgan Chase's 2022 Business Leaders Outlook survey found labor...
Levelset reported that less than 30% of construction projects finish on time. Even though delays are common within the industry, they can still lead to many issues. Delay disputes are all too common. Preparing for them ahead of time can make the process go more...
When forming a corporation, it is essential that you have all your documentation in order. You want to create a solid foundation on which your business will operate. One step you will want to take is creating bylaws. Bylaws are an operating guide for your business....
Whether you are a construction contractor yourself or the owner of a construction company that works with contractors, it is likely that you will face a construction defect claim at some point in your career. Defects can occur for a variety of reasons either during or...
You spend countless hours drafting contracts with indemnification and insurance clauses as a contractor. Whether you are a subcontractor, supplier or overseeing the project, you should know this. Here are some things you should expect in a claim. Claim originator If...
If you are like most business owners, you take great care to reduce or eliminate dissension in the workplace. Although you probably understand that disputes are a natural part of working together, you probably do not expect an employee to have a dispute with your...
Intellectual property is incredibly valuable in every industry, including the construction industry. These assets may include machinery, processes, tools or materials you developed. Your company’s information, from your brand name to your website and phone number, is...
Construction projects are typically complex endeavors with many people having a stake in the success of the build, including the owner, contractor and any other stakeholders. The bidding process is a crucial part of the success of the project. Bidding issues may...
Non-compete agreements give employers peace of mind that their employees can not legally take proprietary information to a competitor. Many businesses include noncompete agreements as part of the new hire documentation, and employment may depend on signing the...
The Louisiana Department of Insurance requires certain licensees to carry a surety bond. Each bond has to meet certain criteria in order to be acceptable. What Is A Surety Bond? A surety bond is a written guarantee of payment, compliance or action among three...
