It's Thursday! 𝐈𝐭'𝐬 𝐓𝐡𝐞 𝐀𝐥𝐥𝐢𝐚𝐧𝐜𝐞 𝐝𝐚𝐲! Construction disputes typically involve technical issues as well as issues of delay and quantum and are recognised, as a result, as being notoriously complex and expensive to run. The business of law is changing, and dispute funding is very much an integral part of the future of the global and litigation markets. Much of the growth in third-party funding has been fueled not by an increase in impecunious parties but by well-resourced companies wishing to take the cost of pursuing arbitration off the balance sheet or to use their resources for pursuing other business priorities rather than financing the cost of an arbitration. Don't let complex technical issues drain your resources. Embrace third-party funding to shift the balance in your favor. Let's build a future where disputes are resolved efficiently and effectively! Explore further with us: https://lnkd.in/exSw_6E3 #TheAlliance #nowinnofee #claimsmanagement #nocost #expertadvice #claimsresolution #professionalresources #constructionindustry #constructionnews #innovation #disputeresolution
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Despite best intentions, disputes still emerge on construction projects; it's inevitable! But filing a marching off to a formal dispute doesn't have to be the first recourse. There are alternative dispute resolution (ADR) paths that can save time and money. Methods like negotiation, conciliation and project dispute boards aim to resolve issues through facilitated negotiation rather than binding rulings. The goal? To reach a mutual agreement. If ADR fails, adjudication provides a binding decision unless overturned by litigation or arbitration. The right approach depends on factors like claim value, contract terms and relationship preservation. This expertise comes from experiences; Nexus Consult has managed contract and money disputes through ADR, adjudication and litigation and aims to help clients resolve issues efficiently and favourably. When disputes emerge, contact our team: https://lnkd.in/e9mf8sye #NexusConsult #ConstructionIndustry #QS #ConstructionLaw
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Construction projects frequently involve technical challenges and unexpected hurdles, complicated by the involvement of multiple parties. Such situations can lead to disputes, carrying significant financial implications if not promptly addressed. Our team of specialist litigators have extensive expertise in navigating the complexities of construction projects. We employ a range of dispute resolution methods, tailoring our approach to suit the unique requirements of each case. Explore more about Construction Disputes: https://bit.ly/3qv7G3j #ConstructionDisputes #LegalAdvice #Mediation #DisputeResolution
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Greetings from CILS Arbitration Symposium!!! Session 4: Construction Arbitrations: Lessons for Counsel and Arbitrators in Other Complex Arbitrations This panel will focus on lessons from construction arbitrations that have broader applicability, such as resolving multi-party disputes, handling expert evidence, and understanding the needs and perspectives of in-house counsel, rather than delving into highly specific issues unique to construction arbitrations like critical path analysis or productivity analysis for disruption claims. Construction arbitrations are inherently complex and have distinct features, but the insights gained from them can benefit arbitrations in other sectors. Similarly, construction industry practitioners can learn from experiences in general commercial and other industry-specific arbitrations. #ConstructionArbitration #MultiPartyDisputes #ExpertEvidence #InHouseCounsel #ProjectLifecycle #ArbitrationLessons #DisputeResolution #CommercialArbitration #IndustryInsights
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📜 Construction Contracts & Written Communication: Protect Your Rights🏗️ Has your site suffered damages due to unexpected natural events like heavy rainfall? 🌧️ It’s crucial to formally notify the relevant office right away! Timely written communication safeguards your legal rights, allowing you to claim Extention of Time (EOT), Price Adjustments, or even Compensation for Damages. Don’t risk losing out on entitlements simply because you didn’t inform the office on time. Stay vigilant, follow the proper legal procedures, and protect your project from unnecessary setbacks! ⚖️ . . . . . . . . . . . . . . . #ProcurementLaw #SupplyChainManagement #PublicProcurement #ContractManagement #ProcurementStrategy #ArbitrationLaw #DisputeResolution #ADR #InternationalArbitration #CommercialArbitration #ConstructionLaw #ConstructionContracts #ContractNegotiation #ConstructionIndustry #ConstructionManagement #ProjectManagement #ConstructionLegal #LegalCompliance #LegalDisputes #ConflictResolution #LawyerLife #LegalCommunity #LawFirm #nepallaw
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With the rise of arbitrations in construction disputes, understanding its complexities is the key to effective dispute resolution. Our latest presentation explores landmark judgments and procedural clarifications that shape arbitration in the construction sector. Stay ahead of the curve in resolving construction conflicts. . . #ConstructionArbitration #LegalInsights #DisputeResolution #ArbitrationLaw #ConstructionLaw
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Nowadays, most international arbitration rules have an expedited procedure to speed up their arbitrations. None of them are fit for construction disputes. Under the expedited procedures, you usually get: (1) stricter and shorter timelines around written submissions (2) fewer procedural steps in the arbitration (3) no oral hearing unless the Tribunal wants one (4) a shorter time - usually six months - for a final award. To qualify for the fast track, you must either agree to it in the arbitration agreement or have a low-value dispute. What are the challenges with expediting construction arbitrations: (1) Low value is too low. In most rules, it is about USD 2-4m, which is too low for the typical range of disputes seen on major construction projects (2) Value has no connection to complexity. Construction claims can have simple issues with high value and complex problems with low value (3) There is no easy way to address the need for technical, programming and quantum expert evidence, especially without an oral hearing (4) There is no easy way to manage the volume of documents generated on a construction project, especially within a compressed timeline. There is much more work that needs to be done to develop an expedited arbitration procedure fit for construction disputes. So, how can we make it happen? ____ If you want more of these insights, sign up for my newsletter: https://lnkd.in/g_mQDNGB ____
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Arbitration Counsel | Expert in Construction, Oil & Gas, and Mining Disputes | Solicitor England & Wales | LLM International Law |Specialised in complex project claims, International Commercial, and Treaty Arbitration.
Construction Law: Essential Lessons from a Landmark ICC Case on Global Claims. Last week I discussed a landmark case affecting critical methodologies in building construction claims. Every fortnight I share a case study and practical insights in my newsletter - Blueprint Briefings. It's short sweet and practical. 👍 If you are interested in Contract Law and Arbitration! ↩️ I'd love you to join! #construction #contracts #arbitration
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#GTLasVegas Shareholder Michael Hogue will speak during the upcoming “Construction Contract Law from Start to Finish (2024 Edition)” webinar on June 27. The session will focus on understanding the risks in construction projects and strategic approaches to mitigate them through meticulous drafting and negotiation of construction contracts. Attendees will also learn best practices for managing and resolving contract termination issues. 🔗 Register here: https://buff.ly/3VIkXkO. #CLE #ConstructionLaw #ContractLaw
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Got a problem? CE has the solution.💡 Our June cover story is providing builders and contractors of all sizes with an accurate and updated view of the legal landscape—with insight from partners at some of CE’s 2024 Top 50 Construction Law Firms—in a special report on legal trends and regulatory updates. Read the article here: https://bit.ly/3VoQhFn Thanks to these partners for their expertise: Eric Nelson, managing partner at Smith Currie Oles LLP Joshua Levy, partner at Husch Blackwell Angela Richie, managing partner at Gordon Rees Scully Mansukhani, LLP Allen Estes, III, managing partner at Gordon Rees Scully Mansukhani, LLP Matt Moore, partner Peckar & Abramson, P.C. .... #construction #experts #lawfirm #constructionlaw #constructionnews #infrastructure #legal #regulatory #businessdevelopment
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The Importance of Arbitration Agreements in Construction Contracts In the construction industry, where projects often involve complex agreements and significant financial stakes, disputes can arise at any stage. Whether it’s issues related to project delays, cost overruns, or differences in contract interpretation, the potential for conflict is always present. This is where #Arbitration #Agreements play a crucial role. By incorporating a well-drafted arbitration clause in construction contracts, parties can ensure that any disputes are resolved in a timely, cost-effective, and confidential manner. Unlike traditional litigation, arbitration allows for the selection of industry experts as arbitrators, leading to more informed and fair decisions. Moreover, arbitration proceedings are generally faster than court cases, which is essential in the fast-paced construction industry where time is often of the essence. It also helps in maintaining business relationships, as the process is less adversarial and more collaborative. As someone deeply involved in the construction sector, I believe that every construction contract should include a robust arbitration agreement to safeguard the interests of all parties involved. It’s not just about dispute resolution—it's about fostering a smoother, more predictable business environment. #Arbitration #DisputeResolution #ConstructionContracts #ProjectManagement #BusinessContinuity
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