It never rains, but it pours. The economy is not just sapping revenue from architects and engineers, it is increasing professional liability risk.
To keep revenue flowing, many architects and engineers are taking on projects outside their traditional realm and comfort zone. Some are scooping up "quick," smaller jobs they would have passed up a few years ago. They may let contract language slide and kick off projects before all the contract's i's are dotted and t's crossed.
Eager to win bids, some firms may agree to indemnification language in an owner's contract that they never would have accepted when business was booming.
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