In this episode of Beers with Contractors, hosts Will and Terry sit down with Eric Daffern, an attorney specializing in construction law, to explore the intricacies of managing risk and legal pitfalls in the contracting business. Throughout this engaging conversation, Eric shares insights into essential legal practices for contractors, including establishing a robust team of professionals, meticulously crafting contracts, and leveraging the power of mediation. Practical advice on structuring operating agreements, navigating the lien process, and accommodating current industry trends also feature prominently. Additionally, Eric’s decades-long experience and personal anecdotes offer valuable lessons in balancing legal and business considerations to achieve long-term success.00:00 Trailer00:41 Guest Introduction: Eric Daffern03:05 The Importance of Legal Advice08:12 Setting Up Your Business Structure19:25 Contracts and Legal Pitfalls30:54 Understanding Change Orders in Contracts31:20 The Importance of Written Agreements32:05 Proactive Contract Management32:23 Handling Quality Issues and Customer Satisfaction34:36 Legal vs. Business Decisions in Contracting35:59 The Role of AI and Online Tools in Contract Creation38:52 Navigating Insurance and Legal Challenges41:05 Litigation, Arbitration, and Mediation Explained47:44 The Importance of Thorough Contracts49:24 Current Trends and Future Challenges in Construction50:43 Master Subcontracts and Market Volatility55:56 ConclusionContact Eric Daffern at:Website: https://www.daffernlawfirm.com/ Foundation Rescue Supply Link:https://www.foundationrescuesupply.com/Contractors Kick Ass!Podcast Store Link:https://williamwalkerblake.com/store-1The Worker Incentive Program that Contractors Love! - Per4mance Software https://per4mance.io - Pay for performance, not hours

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