On its face, this language sounds simple enough; someone wants their project done in a timely manner, right? Well, that may be the case, but that isn’t all that is at stake when you see a contract with Time is of the Essence in the language in the contract. Read More
News Release: WASHINGTON, DC, May 23, 2022 – As law firms throughout the U.S. try to navigate an intensely competitive and rapidly changing operating environment, the costs of their legal malpractice claims are reaching troubling new heights, according to a new study by insurance broker Ames & Gough … Read More
In the last few weeks, every contract I’ve reviewed has included the waiver of a jury trial. I used to see them now and then, but the prevalence of them recently seems a new development to me. While I don’t believe the provision creates a coverage issue, it has me scratching my head… Read More
WASHINGTON, DC, March 23, 2022 – Ames & Gough, a leading insurance broker and risk management consultant specializing in serving law firms, design professionals, associations/nonprofits and other professional service organizations, today announced the appointment of Uri Gutfreund as a senior vice president focusing on law firms.
It is commonplace for a liquidated damages clause to be contained in an Owner/Contractor agreement. This makes sense because the completion date is generally significant to an owner, and the contractor has submitted a price for their work and has agreed in their contract to a completion date. By the time the contractor is awarded the contract, they usually have the contract documents, and they have used them to price the job and complete a construction schedule. Once a notice to proceed is issued to the contractor, the contractor controls the schedule… Read More
THE ZWEIG LETTER FEBURARY 14, 2022, ISSUE 1428 Managing Employment Related Exposures Many design firms that adjusted their workplace to address COVID-19 face heightened exposures to employment-related litigation and related negative consequences. By: Robert Hughes,...
Much of the cyber turmoil that plagued the world in 2021 will continue into 2022, with individuals remaining the top source of risk in an irrevocably online society, according to Experian’s annual Data Breach Industry Forecast for 2022.
Most businesses and individuals are familiar with phishing, a cyberattack technique that entails cybercriminals leveraging fraudulent emails to manipulate recipients into sharing sensitive information, clicking malicious links or opening harmful attachments. While these email-based scams remain a pressing concern, a new form of phishing—known as smishing—has emerged over the years, creating additional cyber exposures for businesses and individuals alike.
WASHINGTON, DC, January 10, 2022 – Ames & Gough, a leading insurance broker and risk management consultant specializing in serving design professionals, law firms, associations/nonprofits and other professional service organizations, today announced it will now offer employee benefits services in addition to its professional liability, property/casualty and risk management capabilities. The firm appointed Justin Gough as vice president to lead the new initiative.
BSA Project Management Roundtable: The Control of Risk January 27, 202212:00 PM - 1:00 PM Mike Herlihy, Executive Vice President with Ames & Gough will present The Control of Risk. This is a general overview of Risk Identification and Management. The kinds of...
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