Construction Contracts and Project Management
Whether designing and constructing a new retail center, a tenant finish-out or a renovation project, retail real estate developers, property managers and tenants interact with construction contracts, contractors, architects and other construction industry professionals on a regular basis. Those interactions may include lengthy, sophisticated contracts, very basic contracts or no written contract at all. This article addresses some of these common issues from the perspective of protecting the owner of the project.
In-House Survey Suggests Best Practices for Vendors
In November 2013, I surveyed 26 predominantly administrative professionals throughout Fortune/Global 500 law departments. In addition to questions related to pricing predictions for hosting, review, processing, the future of predictive coding, the trend towards growing in-house teams and the expansion of managed services, I asked for their impressions of certain leading vendors in the market.
Three Magic Words
To be successful in generating new business and attracting new clients, it is essential to speak the language of your target clients. Furthermore, lawyers should actually use the words that clients want to hear.
Sales Speak: 'Pitch Meetings'
Why things tend to go off the rails related to conducting a successful introductory meeting with a potential target (prospective client).
Practice Tip: Traveling Globally
Increased concern about international child abductions has led the Department of Homeland Security and the State Department to institute certain policies and procedures for single parents travelling internationally with a child. Practitioners should pay attention to these special considerations, particularly with summer travel on the horizon.
Paper's Hidden Security Risk
It is almost impossible to open a newspaper today without reading about cybersecurity breaches. Target Corp., Neimann Marcus and many other companies have been targeted, and many experts think it is only a matter of time until law firms are targeted (if it's not too late already). All this "cyber risk" may have you pining for the days before computers, when almost all information was stored on paper.
Exhibits: Details and Timing
Today's lease exhibits are more numerous, have greater detail and often make up major terms and provisions of the lease. They need to be prepared and negotiated early in the lease preparation and negotiation process.
