The Contractor's Pocket Guide


Construction is a tough business.

The companies that thrive are those which can combine

excellence in their field with a working knowledge

of contracts, cash flow, and the management of

receivables. Construction contracts, and the laws by

which they are enforced, are complicated – often using

terms that are unfamiliar to the average person

and written in such a way as to hide huge risks within

convoluted run-on sentences.

Throughout the almost 20 years I have spent practicing

construction law, I could not help but notice that

clients would often come to me long after their best

opportunity to help themselves had passed them by.

Maybe they signed a contract they should not have

signed. Perhaps they allowed payment talks to drag

on past the expiration of their right to file a mechanic’s

lien. Or maybe they found themselves roped into

a contract long after they had assumed the project

was dead in the water.

This Pocket Guide is intended to help companies spot

key issues and make their best moves to stop problems

before they arise. In construction, perhaps more

than in any other industry, an ounce of prevention is

worth well more than a pound of cure.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Eliot Wagonheim, Wagonheim & Associates, LLC | Attorney Advertising

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Wagonheim & Associates, LLC on:

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