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 Trailer

00:41 Guest Introduction: Eric Daffern

03:05 The Importance of Legal Advice

08:12 Setting Up Your Business Structure

19:25 Contracts and Legal Pitfalls

30:54 Understanding Change Orders in Contracts

31:20 The Importance of Written Agreements

32:05 Proactive Contract Management

32:23 Handling Quality Issues and Customer Satisfaction

34:36 Legal vs. Business Decisions in Contracting

35:59 The Role of AI and Online Tools in Contract Creation

38:52 Navigating Insurance and Legal Challenges

41:05 Litigation, Arbitration, and Mediation Explained

47:44 The Importance of Thorough Contracts

49:24 Current Trends and Future Challenges in Construction

50:43 Master Subcontracts and Market Volatility

55:56 Conclusion

Contact Eric Daffern at:

Website: https://www.daffernlawfirm.com/

Foundation Rescue Supply Link:

https://www.foundationrescuesupply.com/

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Podcast Store Link:

https://williamwalkerblake.com/store-1

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