Risk Management, Contract Negotiation and Dispute Resolution with Jeremy Baker - Baker Law Group

Building Scale

We interview successful Architecture, Engineering, and Construction (AEC) business leaders to learn how they use people, processes, and technology to scale their businesses.

Risk Management, Contract Negotiation and Dispute Resolution with Jeremy Baker - Baker Law Group

E83 • Mar 12, 2024 • 59 mins

In this episode, Jeremy Baker, founder of Baker Law Group, discusses the significance of contract negotiation, risk allocation, and interpersonal skills in AEC businesses. He shares insights on international projects, AEC contract pitfalls, and the role of specialized attorneys. The conversation also covers dispute resolution and the role of mediators.

Key Points

Jeremy Baker emphasizes the importance of dispute avoidance and cost-efficient early resolution in construction law, rather than defaulting to litigation.
Choosing the right project delivery method and carefully negotiating contracts can prevent disputes and align expectations in the AEC industry.
Effective mediation, led by a mediator who understands the nuances of the construction industry, can often result in early and cost-efficient dispute resolution.

Connect with Jeremy Baker - LinkedIn: https://www.linkedin.com/in/jeremysbaker/ YouTube: https://www.youtube.com/channel/UCKSSiouZCvVdMsSBl1KIYHQ Website: https://buildchicagolaw.com/ Phone: 312-621-7184 Connect with Justin & Will - Will's LinkedIn: https://www.linkedin.com/in/willforet/ Justin's LinkedIn: https://www.linkedin.com/in/justneagle/ Learn More & Connect With Spot Migration - Website: https://www.spotmigration.com LinkedIn: https://www.linkedin.com/company/spot-migration Facebook: https://www.facebook.com/spotmigration Youtube: https://www.youtube.com/c/Spotmigration Do you want to be a guest on the show? Go to https://buildingscale.net/guests Need to discuss your IT and Cybersecurity Strategy? Go to https://buildingscale.net/help

Speakers

Will Foret

Host • 5%

Justin Neagle

Host • 15%

Jeremy Baker

Guest • 80%

Chapters

0:00	Introduction to Building Scale Podcast
0:52	Sponsor: Building Scale's IT and Cyber Security Strategy Services
1:07	Introduction of guest Jeremy Baker and his background in construction law
7:42	Key principles of design and construction contracts
13:25	The role of communication, insurance and people skills in risk management
20:21	Calculating business risks for global projects
23:33	Spotting and addressing potential legal issues in contracts
31:07	The importance of understanding risk in contract agreements
37:34	The art of negotiation in dispute resolution
51:20	The mission of Jeremy's law firm and closing discussion
57:42	Closing remarks from Jeremy and sign off from Justin and Will

Transcript

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