October 31, 2024

Preventing Legal Pitfalls and Conflict Resolution

41 minutes

Attorney Corinne Rockoff dives into the nuances of legal planning, contract negotiation, and dispute resolution in real estate development. Corinne shares actionable strategies for avoiding litigation through early-stage legal planning, fostering strong relationships with contractors and consultants, and crafting clear, enforceable contracts. With a focus on real-life scenarios, she illustrates how developers can save time, mitigate risks, and ultimately achieve smoother project outcomes. Whether you’re a seasoned developer or just starting out, Corinne’s insights provide valuable perspectives on the critical role of proactive legal involvement in real estate development.

Guest Bio

Corinne Rockoff is a dedicated attorney known for her proactive approach to legal practice. A Michigan transplant originally from Los Angeles, Corinne emphasizes the importance of kindness and collaboration in her professional and personal life. Her legal work centers around litigation prevention and strategic planning, helping clients navigate and prevent disputes before they arise. Licensed to practice in Michigan, New York, and Washington, D.C., Corinne’s expertise makes her a trusted advisor in real estate law and dispute resolution.

Topics Covered

Early Legal Involvement in Development Projects: The advantages of involving legal counsel before disputes arise

Crafting Strong Contract Terms: Key elements of contracts that prevent common real estate conflicts

Handling Contractor and Consultant Relationships: Building trust with design teams, architects, and general contractors

Scope of Work and Contract Integration: Importance of a clearly defined scope and how to incorporate contractor proposals effectively

Guaranteed Maximum Price Contracts: Potential pitfalls and key considerations for developers

Delay Claims and Cascading Delays: How to document and manage delays with future disputes in mind

Relationship-Building for Litigation Prevention: Approaches to maintaining positive relationships across all project stakeholders

The Importance of Written Communication: Using emails and other written forms to clarify agreements and prevent misunderstandings

Chapters with Timestamps

00:00 Episode Highlights

01:27 Introduction to guest, Corinne Rockoff

01:51 Legal (not) Advice for Real Estate Developers

02:06 Structuring Deals and Contracts

04:04 Litigation Prevention Strategies

05:13 Contract Terms and Scope of Work

26:10 Guaranteed Maximum Price Agreements

32:56 Delay Claims and Communication

39:48 Conclusion and Contact Information

Contact Information

Corinne Rockoff's Website

To join our podcast, please visit http://www.giscompanies.co/podcast

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By Eugene Gershman

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