Project Owner and Lender Certifications - PCIA AE Risk Review

Project Owner and Lender Certifications

The following material is provided for informational purposes only. Before taking any action that could have legal or other important consequences, speak with qualified legal and insurance professionals who can provide guidance that considers your own unique circumstances. “I guarantee it!” Those three words, or their equivalent, have been the bane of many architects, engineers, and other design consultants when …

Safely Sharing and Disseminating Sensitive Data Within Your Company

Safely Sharing and Disseminating Sensitive Data Within Your Company

The following material is provided for informational purposes only. Before taking any action that could have legal or other important consequences, speak with qualified legal and insurance professionals who can provide guidance that considers your own unique circumstances. Every company has sensitive data that they need to protect. Sharing sensitive data among company employees in some form is standard practice. …

Litigation, Arbitration, Mediation: Does It Matter?

Litigation, Arbitration, Mediation: Does It Matter?

The following material is provided for informational purposes only. Before taking any action that could have legal or other important consequences, speak with a qualified professional who can provide guidance that considers your own unique circumstances. Project disputes, unfortunately, are not uncommon in the design and construction industries. Clients have disputes with design consultants. Design consultants, in turn, have disputes …

Tracking Certificates of Insurance

Tracking Certificates of Insurance

The following material is provided for informational purposes only. Before taking any action that could have legal or other important consequences, speak with a qualified professional who can provide guidance that considers your own unique circumstances. Chances are, you are familiar with client requests for “certificates of insurance,” or COIs, to confirm that you have adequate professional liability insurance for …

The Prevailing Party Clause: Bad News for Design Firms?

The Prevailing Party Clause: Bad News for Design Firms?

The following material is provided for informational purposes only. Before taking any action that could have legal or other important consequences, speak with a qualified professional who can provide guidance that considers your own unique circumstances. The so-called “prevailing party” contract clause is one of the most controversial additions to an agreement between a design consulting firm and its clients. …

Protect Your Technology Firm’s Hardware and Software Against Disasters | PCIA

Protect Your Technology Firm’s Hardware and Software Against Disasters

The following material is provided for informational purposes only. Before taking any action that could have legal or other important consequences, speak with qualified legal and insurance professionals who can provide guidance that considers your own unique circumstances. For technology services professionals, losing data can be devastating in many unexpected ways. The information stored on your computers and servers could …

Minimizing Losses From Civil Unrest

Minimize Losses From Civil Unrest

The following material is provided for informational purposes only. Before taking any action that could have legal or other important consequences, speak with a qualified professional who can provide guidance that considers your own unique circumstances. Riots. Looting. Vandalism. Civil commotion. The violent incidents that ignited nationwide and worldwide over the past few months turned otherwise peaceful demonstrations into frightening …

Effective Risk Management Strategies Lower Costs and Boost Efficiency for Law Firms | PCIA

Effective Risk Management Strategies Lower Costs and Boost Efficiency for Law Firms

As technology, law, and business issues evolve, law firms are seeing shifts in the roles and strategies associated with risk management. For example, the general counsel is a common role that did not typically require participation in higher-level risk management practices in the past. Currently, more general counsel roles involve aggregation of firm-specific risks, identifying risks, and monitoring risks.[1] No …

Best Practices for Accountants to Mitigate the Risks of Handling Customer Data - PCIA

Best Practices for Accountants to Mitigate the Risks of Handling Customer Data

Long gone are the days of merely being able to lock a file cabinet or shred documents to protect customer data. Dedicated servers are now moved to the cloud, storing information online. Accountants and accounting firms must develop protocols to adequately protect customer data across all aspects of their businesses, addressing both cyber and physical data. The Gramm-Leach-Bliley Act provides …

COVID-19 Continues: Returning to Work/Restarting a Project

COVID-19 Continues: Returning to Work/Restarting a Project

The following material is provided for informational purposes only. Before taking any action that could have legal or other important consequences, speak with a qualified professional who can provide guidance that considers your own unique circumstances. No doubt, your design firm has suffered the effects of the COVID-19 pandemic and the project delays, suspensions, and terminations that have resulted. According …