The construction industry costs the US economy $120 billion per year in waste, according to Barry LePatner, one of the nation’s leading construction lawyers and author of “Broken Buildings, Busted Budgets: How to Fix America’s Trillion-Dollar Construction Industry,”–The University of Chicago Press, 2007. Even as other industries have become more efficient and streamlined with technological advances, the construction business has changed little since the first steel-framed skyscrapers were erected in the early 1900s. Lawyers can be part of the solution to improving both the cost efficiency and timeliness of office construction projects. Founder of New York City-based LePatner & Associates, LePatner discusses with GlobeSt.com how to reform the system one contract at a time.

GlobeSt.com: In your book, you state that lawyers can be part of the process of making construction jobs more efficient. What role do lawyers play?

LePatner: Lawyers should approach this as much as the owner’s business adviser as legal adviser. We pay close attention at the outset of every project to a client’s business objects, and we tailor the approach to structuring contracts based on those objectives. We don’t use form agreements. We do not accept the construction and design industry’s statements that this is the way business has always been done and always will be.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.