"A small contractor like this relies on the contract to know that he'll receive money for the next year and a half on a big project that would take millions of dollars," said Brown of Morgan & Morgan ...

An essential element of architect and engineer contracts with their clients is the treatment of risk sharing between the parties. Design ...

In a significant decision for businesses operating in Puerto Rico, the Puerto Rico Supreme Court held in MCG Therapy Group, LLC v. Maestre ...

Contracts underpin all business relationships. Businesses frequently enter into agreements without fully grasping the legal ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Every contract has the basic obligation-type terms. You ...

This is the second part of a two-part article dealing with the most common provisions in construction contracts and the important aspects of each provision. As a reminder, the purpose of a ...

Contracts are an undeniably important part of protecting both yourself as the business owner or entrepreneur and your client. They set clear expectations for both parties, keeping everyone on the same ...

When two parties do business together, working with a written contract can help avoid misunderstandings between them. A contract specifies important details such as deadlines, prices and ...

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...

That the Federal Arbitration Act (FAA), state arbitration statutes and courts generally favor arbitration provisions in contracts is well-recognized. But what if the contract containing the ...

Employment contracts take many different forms. All employees at a company may be asked to sign the same form contract, or each employee may have a contract with the employer that is applicable just ...

The purpose of a construction contract is risk management. As any construction professional knows, the construction business is inherently risky. There are three main types of loss in any construction ...