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Collection Techniques for Subcontractors

Learn how a subcontractor can navigate and manage the complexities of mechanics' liens, stop payment notices and payment bond claims.

Subcontractors are faced with multiple challenges interfering with prompt and timely payment. This topic will provide strategies for safeguarding against these risks, including how to protect payment rights (and limit exposure) in the subcontract, preserving and filing liens, asserting bond claims, knowing your legal rights to payment, and ultimately, how to get timely and fully paid.

Runtime: 91 minutes
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Why Lorman?

Over 31 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Agenda

Protect Your Payment Rights in the Construction Contact

  • "Pay-If-Paid" vs. "Pay-When-Paid" Contract Terms
  • Contractual Lien Waivers
  • Retainage Requirements
  • Payment and Claim Resolution Provisions

Preserving and Perfecting Mechanic's Lien Rights on Private Projects

  • Overview of Mechanic's Liens
  • Delineating the Scope of Lien Rights
  • Preserving Mechanic's Liens
  • Perfecting Mechanic's Liens
  • Enforcing and Foreclosing Mechanic's Liens
  • Mechanic's Lien Priority Issues

Maintaining Your Lien Rights on Public Projects

  • Distinctions Between Private and Public Liens
  • Preserving and Perfecting Public Liens
  • Laborer and Materialmen Claims
  • Public Authority Obligations
  • Retainage Issues
  • Payment Bond Claims and Remedies

Knowing the Lien/Claim Waiver and Release Terms Before You Execute

  • Conditional vs. Unconditional Waivers
  • Trailing vs. Current Waivers
  • Waiver Forms

Statutory Payment Protections for Subcontractors

Litigation and Alternative Dispute Resolution (ADR) Options

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More Program Information

Why Lorman?

Over 31 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Credits

OnDemand Webinar

This course was last revised on February 6, 2018.

Call 1-866-352-9540 for further credit information.

This program does NOT qualify, nor meet the National Standard for NASBA accreditation.

Audio & Reference Manual

  • Arizona CLE 1.5
     
  • CA MCLE 1.5
     
  • CT CLE 1.5
     
  • GA CLE 1.5
     
  • HI CLE 1.5
     
  • IL CLE 1.5
     
  • ME CLE 1.5
     
  • MT CLE 1.5
     
  • NJ CLE 1.8
     
  • NV CLE 1.5
     
  • VT CLE 1.5
     
  • WA CLE 1.5
     
  • WV MCLE 1.8
     
The CLE Code is ONLY a requirement when applying for CLE Credit in California (for participatory credit), Kansas, New Jersey or New York. Other states do not need to supply the CLE Code to apply for CLE credit.

This program does NOT qualify, nor meet the National Standard for NASBA accreditation.

MP3 Download

  • Arizona CLE 1.5
     
  • CA MCLE 1.5
     
  • CT CLE 1.5
     
  • HI CLE 1.5
     
  • IL CLE 1.5
     
  • ME CLE 1.5
     
  • MT CLE 1.5
     
  • NJ CLE 1.8
     
  • NV CLE 1.5
     
  • VT CLE 1.5
     
  • WA CLE 1.5
     
  • WV MCLE 1.8
     
The CLE Code is ONLY a requirement when applying for CLE Credit in California (for participatory credit), Kansas, New Jersey or New York. Other states do not need to supply the CLE Code to apply for CLE credit.

This program does NOT qualify, nor meet the National Standard for NASBA accreditation.

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More Program Information

Why Lorman?

Over 31 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Faculty

Melissa A. Jones, Esq.

Melissa A. Jones, Esq.

Frantz Ward LLP

  • Partner with Frantz Ward LLP in Cleveland, Ohio
  • Legal practice of more than 15 years focusing on multiple disciplines of construction collection techniques
  • Provides comprehensive representation to businesses nationwide in all phases of multifaceted account recovery claims
  • Highly skilled in lien management and foreclosure within the construction industry
  • Frequently lectures on construction collection procedures and mechanic’s lien management
  • J.D. degree, Cleveland-Marshall College of Law; B.A. degree, with honors, The Ohio State University
  • Membership of Ohio State Bar Association and Cleveland Metropolitan Bar Association
  • Can be contacted at [email protected] or (216) 515-1437
Nora E. Loftus, Esq.

Nora E. Loftus, Esq.

Frantz Ward LLP

  • Partner with Frantz Ward LLP in Cleveland, Ohio
  • Legal practice is entirely devoted to assisting businesses in the construction industry with risk management and claims avoidance
  • Represents owners, architects, engineers, general contractors, subcontractors, manufacturers, suppliers, and sureties on all aspects of construction claim management
  • Named an “Associate to Watch” by Chambers USA: America’s Guide to Leading Lawyers for Business in the area of Construction (2012; 2013); and an Ohio Super Lawyers Rising Star (2012-2015)
  • J.D. degree, Cleveland-Marshall College of Law; B.A. degree, Miami University
  • Membership of American Arbitration Association - Construction Industry Panelist, Cleveland Metropolitan Bar Association, Ohio State Bar Association, National Association of Women in Construction, American Bar Association and Forum on Construction Law Surety Association of Ohio
  • Can be contacted at [email protected] or (216) 515-1665
Allison Taller Reich, Esq.

Allison Taller Reich, Esq.

Frantz Ward LLP

  • Associate with Frantz Ward LLP in Cleveland, Ohio
  • Focuses on all aspects of construction law, including drafting, negotiating, and revising contracts
  • Routinely assists clients in managing claims, projects, and schedules in real time to keep projects moving
  • Successfully resolves construction contract and project disputes
  • Received Ohio Super Lawyers Rising Stars recognition (2018), recipient of the Ohio State Bar Foundation Community Service Award for Attorneys 40 and Under for District 12 (2017), and recognized as “One to Watch” by Cleveland magazine’s Community Leader (2016)
  • J.D. degree, Cleveland-Marshall College of Law; B.S. degree, Ohio State University
  • Membership of American Arbitration Association - Construction Industry Panelist, Cleveland Metropolitan Bar Association, Ohio State Bar Association, National Association of Women in Construction, American Bar Association, Forum on Construction Law Surety Association of Ohio
  • Can be contacted at [email protected] or (216) 515-1655
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Why Lorman?

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Product ID: 401539
Published 2018
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