Construction projects often face delays and cost overruns that significantly impact a firm's bottom line. According to research, over 90% of large construction projects run over schedule and budget. These overruns average around 20% more than the initial projected costs. With careful planning and proactive legal protections, firms can shield themselves from many financial and … Continue reading How Can A Firm Legally Protect Itself From Delays And Cost Overruns In Construction Projects?
Day: January 31, 2024
Insider Tips: How Pennsylvania’s Latest Construction Laws Impact Your Business
Pennsylvania has seen several changes to its construction laws in recent years that impact contractors, developers, and others in the building industry. As a Pennsylvania construction lawyer who focuses on staying current with the latest regulations, here is an overview of some key law changes and how they may affect your business. However, there are steps … Continue reading Insider Tips: How Pennsylvania’s Latest Construction Laws Impact Your Business
Avoiding the Pitfalls: Top 5 Risks in Pennsylvania Real Estate Development and How to Mitigate Them
Real estate development projects can be extremely complex and risky, especially in Pennsylvania where laws and regulations vary widely between municipalities. Even experienced developers can run into serious issues if they are not diligent in researching, planning, and mitigating risks. This blog post from a Pennsylvania construction lawyer aims to outline the top 5 risks … Continue reading Avoiding the Pitfalls: Top 5 Risks in Pennsylvania Real Estate Development and How to Mitigate Them