If you’re in construction or considering becoming your own contractor, there are some good reasons to consider making sure you’ve got advice from a good commercial real estate law firm as you hire, fire, and take on projects.
In 2015, for example, there were 551 construction industry cases adjudicated by the American Arbitration Association: and those were just the cases with claims over $500,000. The largest construction case was for $2.6 billion.
The AAA recommends arbitration for the construction industry, as this form of conflict-management takes a lot less time and money than taking cases to court. And while you might generally think of an employment law firm in conjunction with actually entering a courtroom, they are also very valuable in keeping that from ever happening.