On April 23, 2024, the Federal Trade Commission (FTC) finalized the language for a rule that bans noncompete agreements across the United States. The new rule will go into effect 120 days after its publication [...]
Once again, Atlanta takes the lead as the prime destination to kickstart your business journey in 2024, according to Home Bay and Black Enterprise Magazine. Boasting low operating costs, a rich talent pool, and a [...]
Architects and engineers (A/Es) are pivotal in crafting contract documents for construction projects. However, a common issue arises regarding dispute resolution. While A/Es may mandate arbitration with project owners, they often favor court hearings in [...]
The American Arbitration Association (AAA) has implemented noteworthy revisions to its Construction Industry Arbitration Rules and Mediation Procedures. These changes, designed to align with technological progress, streamline processes, and enhance clarity within the construction sector, [...]
Design-build contracts revolutionize construction projects by consolidating design and construction functions under a single entity – the contractor. Unlike traditional methods with separate contractors, this approach streamlines project delivery, reducing communication issues and cost overruns. [...]
Effective March 1, 2024, the American Arbitration Association (AAA) has implemented noteworthy revisions to its Construction Industry Arbitration Rules and Mediation Procedures. These changes, designed to align with technological progress, streamline processes, and enhance clarity [...]
As a business owner, business and estate planning is essential for securing your future and ensuring the desired distribution of assets. Regular reviews and updates are crucial to ensure it still reflects your current wishes [...]
What is a Registered Agent? A Registered Agent is a designated entity or individual chosen by a business, such as an LLC or C Corp, to receive legal notifications, government communications, and compliance-related documents on [...]
The impact of "pay-if-paid" clauses in construction contracts on a business's financial landscape is significant. These clauses pose a risk for subcontractors, as they may not receive payment for their work or materials unless the [...]
When launching a construction project, stakeholders, including developers, designers, and contractors, may encounter unforeseen issues by relying on an "industry standard" contract form instead of tailoring it to the project's specific needs. Urgency in project [...]
Contractors can safeguard their projects by understanding and addressing common causes of construction disputes. According to the latest Crux report on global construction claims and disputes by HKA, the following issues are prime triggers for [...]
