I was touting the benefits of the arbitration process to a client one day. I stated it was the best way to settle a construction dispute. The decisions were from knowledgeable arbitrators, it was faster than court and it was less expensive than going to court. Did I get an earful! He figured they spent [...]
The cost changes in today’s construction market are drastic! We have seen prices plummet from January 2008 to December 2008 by wide margins. We are seeing the same from December 2008 to today. If you are building multiple projects, do not just award them on prices developed two months ago, go out for new bids. [...]
In my recommendation to use arbitration instead of mediation, I said there were a couple of qualifications in regards to it. One of these qualifications is the selection of your arbitration panel – especially when the construction dispute is large enough to warrant having a three member panel of arbitrators. The first criteria I [...]
