Executive Summary: Construction projects are becoming more and more litigious. The cost of outside counsel is practically its own line item in a contractor’s estimate these days. Hiring a junior attorney today for pennies may later save you dollars. The problem. I was...
Selling Your Business – EBITDA is “Bullshit Earnings”
Executive Summary. Construction businesses are bought and sold every day. If you’re looking to sell your company, here are the basics on what you need to know (and what you want to know). https://open.spotify.com/episode/4AL6MAfKqTuTNaGQC4FeoD?si=d57cd4ed833944ba...
Know Your Audience – Legally and Practically
Executive Summary. When communicating in any manner, written or otherwise, knowing who your audience is can make a huge difference in communication on a project. It not only serves a legal purpose, but it can also massively increase efficiency....
What’s a Deposition?
Executive Summary. A deposition is an event in the legal process. Although here I’m talking specifically about construction, this can happen in any legal case. Let’s start at ground zero: the legal process. In construction, the contract should lay out the process for...
The Field Sketch: Kiss a Pencil Today
Executive Summary. A field sketch is not considered a “bonus”, or “extra work” in the world of construction documentation. It’s a necessity. This fundamental is a mark of a construction professional. What’s a, and why a, field sketch? If you’re a construction...
Contractor Estimating: Drop the Curtain
Executive Summary. Lots of times we hear from Engineers that Contractors have fat and contingencies in their estimates. On a low bid wins scenario, that’s just not the case. Look behind the curtain here at some real numbers. What job are we talking about here? My...