Podcast 127: How To Escape These 10 Killer Contract Clauses with Philip Siegel

If you have ever been involved with a legal dispute or if money has been withheld on your project you know that it can just suck the life out of you. And cost you a ton of money. In today’s interview with our legal expert Philip Siegel, you’ll learn how you can review and escape these 10 killer contract clauses. Philip delivered this same talk to the Western States Roofing Association last June to an overflow audience. In fact, it was rated the #1 session out of 21 presenters. We talk about how you can create leverage in today’s booming economy, deal-breakers that you must walk away from, the responses to one-sided contract’s, and much more.

Show Highlights:

• What Philip does and who he does it for
• Why Killer Contract Clauses is a popular topic
• How to create leverage for yourself by using the right contract
• The biggest deal breakers to look out for
• What is a pay if paid clause
• Major risk shifts in indemnification and how to attack these clauses
• Limiting coverage to claims to only cover claims due to personal negligence with the additional Insured
• The issues with language within wavers and releases
• Inserting provisions within contracts for scheduling and back charges
• Being on the lookout for change order issues and how to deal with them
• Creating clear provisions for building and design codes
• The importance of working with a professional to revise your contracts
• Securing builders risk coverage to prevent damages to work issues
• Acceptance of adjacent or contiguous work or work of other trades
• How the retainer program helps avoid problems upfront
• The hidden dangers of using independent contractors and subcontractors
• How to prevent employee poaching from your competitors
• What to expect from Philip’s upcoming talks in New York