Why You Need to Hire a Construction Lawyer

Written by admin on . Posted in Attorney san antonio, Labor law, Law firm

In 2016, the construction market in the United States was worth approximately $1,162 billion. But for all the business that the American construction industry does on a yearly basis, there are lots of construction industry court cases.

In 2015, the American Arbitration Association (AAA) administered 551 construction industry cases with claims of $500,000 or more. The largest mediated construction case was $2.6 billion and the largest arbitration case was $96. All told, the total value of all claims and counterclaims in 2015 was $5.5 billion.

For all the money the construction industry brings in, the industry eliminated more than 40 percent of its workforce between April 2006 and January 2011 as advancements like drones and 3-D printing have helped engineers and architects improve safety and accuracy.

Even with improved safety and accuracy, a