What To Know About Architect Group's New Contract Forms
Law360 (May 30, 2018, 11:00 AM EDT) -- With the American Institute of Architects set to phase out a number of old contract documents and require attorneys to use a new set unveiled last year, those who use the contracts need to familiarize themselves with what experts have called evolutionary, but not revolutionary, changes.
Since 1888, when the AIA published its first standardized contract form, the association's documents have been widely used by construction industry professionals as they draw up agreements for their projects. Recently, custom contracts and forms developed by competitor groups such as ConsensusDocs have taken a bite out of the AIA's market share, but most lawyers...
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