The typical commercial construction lawsuit can cost an architecture or engineering firm well over $100,000 to resolve.
It is not unheard of for some construction lawsuits to rise into the multiple hundreds of thousands of dollars, and, in some cases, for damages to reach into the millions. Even small firms performing routine, limited work should not assume they are safe from such large claims. No matter how small your company’s role on a construction project, you can still be sued for any amount of damages. One geotechnical engineer we defended, who performed only 5 site sample borings, was later sued for over $200,000 on a $1,000 contract. No one who works in the construction field is immune from large claims.
Offered Free by: Lorman Education Services
See All Resources from: Lorman Education Services