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By Lauren Martin | These clauses represent a real and potentially significant exposure for AEC firms for which there’s no insurance protection.

In the current economic environment, avoid costly payment disputes and counterclaims by choosing clients carefully and staying on top of your receivables and collections.

What does your contract say about the ability to recover legal fees or staff time incurred to recover unpaid fees? Good question, huh? Two recent cases show that architects with good contracts can recover not...