There are many ways to get into legal trouble in the construction and commercial real estate industries. Breach of contract, employment issues, supplier issues, insurance claims, are just a few of the reasons that your company may need a commercial real estate lawyer, employment lawyer, or a litigation attorney. Here are the top things to consider as you look for your commercial real estate law firm.
1. There is a lot of money at risk. In 2015, the value of claims and counterclaims settled by arbitration was $5.5 billion. Don’t leave good money on the table. Hire the best attorneys with the most experience dealing with your particular issue. Have an employment issue? There are employment lawyers for that issue. Having construction issues? There are construction lawyers to suit your need. The best thing you can do if you think you need legal help is to contact a local law firm that specializes in your needs.
2. Breach of contract is a common issue. Breach of contract cases make up roughly 33% of civil cases filed in state courts. It is a common occurrence in the construction industry. There are so many different contracts with each project. The suppliers have contracts, the buyers have contracts, the community surrounding the project may even get involved. Contracts are legally binding and any breach of contract should be handled by an attorney familiar with the industry. Commercial real estate law firms are accustomed to handling breach of contract issues within the real estate and construction industries.
3. The construction industry has a lot of value. The U.S. Census Bureau puts the value of the commercial construction industry at $437.8 million in June of 2017. Your company is a part of that. Your company invests in ways to build and improve. Sometimes you have to fight to protect that. Fight with a lawyer at your side. Don’t let others take business or money from you. Use the commercial real estate lawyer to settle disputed matters so you can focus on what you do best.
If you are facing an issue that you are not sure about in your construction or real estate business, contact a local construction law firm. The law firm can help you with all your commercial real estate needs. Without the help of a good commercial real estate lawyer, you may be putting yourself and your company at financial risk. Your business is important. Protect you business by contacting a commercial real estate law firm.