A Lawyer’s Perspective on Effective Contract Management – Get Back to Basics
Whilst disputes on construction projects can be inevitable there are steps that clients can take to better equip their teams with the essential knowledge to better plan for and avoid these disputes.
In the second video instalment of Vinson & Elkins’ International Construction Insights Series, V&E International Construction Disputes Partner, Scott Stiegler, gives a lawyer’s perspective on effective contract management in construction projects. Scott highlights three key areas where he advises his clients to focus their attention on strengthening their contract management skills, with the view to reducing the potential for a dispute arising. Topics covered by Scott include:
- Know the Provisions of the Contract (1:11)
- Practice Effective Communication (3:58)
- Record Keeping – The Golden Rule (7:35)
Vinson & Elkins’ International Construction Insights Series tackles some of the key issues surrounding international construction projects and disputes in the current social and economic climate.
This information is provided by Vinson & Elkins LLP for educational and informational purposes only and is not intended, nor should it be construed, as legal advice.