by David W. Lakamp, originally published in 1996 by Professional Practice Insurance Brokers, Inc., and updated in August, 2018 by Bruce N. Furukawa, Esq., Furukawa Buccierie LLP For decades, a/e specialist advisors have instructed design professionals to eliminate the...
By Mark Jackson and Erin Johnson, JCJ Insurance Agency When retaining subconsultants for a project, it is important for design firms to have a written contract. These contracts typically include scope of service, fees, payment provisions, and insurance requirements....
By Dennis Boo, CPA, PARTNER – Member of Withum’s Architecture and Engineering Group The Tax Cuts and Jobs Act of 2017 (“Tax Act of 2017”) is finalized. The contents are garnering a lot of discussion, and clearly there are many changes coming in 2018. The...
Diane Mika, Vice President, Director of Risk Management Education, Berkley Design Professional Consider this scenario: An architect in your firm wants to design a home addition plan for a family member. Or this one: an engineer wants to take on a parking-lot project...
By Mark Jackson and Erin Kelley, JCJ Insurance Agency Whether your company owns vehicles or not, chances are you have employees who use their personal vehicles for business purposes. Most design firms are aware that they need proper coverage for automobiles they own,...
Co-authored By Mark Jackson and Erin Johnson, JCJ Insurance Agency With advances in technology, methods of communication for design firms are quickly evolving. What would have been detailed in a formal letter, transmittal or submittal in the past is now frequently...
