News And Updates

Shields Law Partners, L.L.P. is pleased to announce that 3 of the firm’s lawyers have been included as “Best Lawyers” in the 2022 Edition of The Best Lawyers in America. Since it was first published in 1983, Best Lawyers has become universally regarded as the definitive guide to legal excellence. Best Lawyers has published their...

Surety bonds are a primary, if not mandatory, component of every-day construction projects.  While commercial insurers on a construction project expect losses and adjust insurance rates to cover such losses depending on many factors, sureties do not expect to pay out-of-pocket for bond losses and, instead, require principals and indemnitors to exonerate, indemnify, and often defend sureties in the event of a loss or anticipated loss.  As such, a general agreement of indemnity in favor of the surety usually goes hand-in-hand with the issuance of construction surety bonds.   [Read More...]

Every decade, the AIA reviews and updates the standard form construction documents that are typically used in the construction industry.  The AIA has recently released 11 revised versions of the forms and contracts documents.  They anticipate the release of 18 more documents in the fall of 2017. The AIA’s most helpful publications concerning the new...

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