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Risk Management Principle #1: Avoid the Wrong Clients

Oct 18, 2021
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For Design Professionals, there are many potential risks coming from many different sources. People often associate risk with being sued, but another major risk to …

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Risk Management Principle #2: Select the Right Projects

Oct 18, 2021
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In this series on Loss Prevention for Design Firms, we’ll be covering the 10 Commandments of Loss Prevention for Design Professionals. Commandment 1 was all …

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Risk Management Principle #3: Secure a Signed Agreement

Oct 18, 2021
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Continuing our series on the 10 Commandments of Loss Prevention for Design Professionals, this article will address the importance of making sure a written agreement …

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Risk Management Principle #4: Define Scope of Services

Dec 27, 2021
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Continuing our series on the 10 Principles of Risk Management for Architects & Engineers, this article will address what to consider when defining your Scope …

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verbal agreement

Verbal Agreements: Are They Good Enough?

Jan 13, 2022
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When two or more parties come to an agreement without any written documentation, they create a verbal agreement (or an oral contract). While documented agreements …

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