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8087 - The Payment Dance in the Construction Industry

More than 200 years ago, Thomas Jefferson invented the mechanic’s lien right and therein established the right of construction suppliers and subcontractors to get paid as a bedrock principle of the nation. Ever since then, there has been tension between the top and bottom of the chain about payment timing, rights, and abuses. This video-on-demand examines public policy reasons and background behind lien and bond claims laws; rights that can be leveraged to mitigate the risk of non-payment or payment abuses; tools and rights available to mitigate subcontractor default and lien exposure; and more!

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