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Pro Points - Fall 2011

Promark Assoc. Agencies, Inc.
In This Issue:

 

Duty to Defend 

 

Moonlighting Employees 

 

NY Firm Ownership Changes

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topPRO POINTS
Volume 1, Issue 2
Fall 2011

 

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defenseDo Design Professionals Have a Duty to Defend Their Clients?

  

With the economy in a recession and projects slowing to a crawl, design professionals are increasingly being asked to take on more risk and even to provide their clients with a defense if something goes wrong with the project. The question is, should design professionals agree to this?

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moonlightingBeware the Moonlighting Employee:

What You Don't Know may Hurt You
 
 

As we collectively continue to cope with a struggling economy, some design professionals may seek supplemental income by independently pursing employment opportunities outside the official relationship they enjoy with their employer. This practice, commonly known as "moonlighting," may have dire consequences to both the individual professional and the firm that employs the professional. This article highlights some of the more pertinent considerations architecture and engineering ("A&E") firms should keep in mind with regard to moonlighting activities.

 

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ownershipNY Passes Legislation Allowing Non-Professional Ownership of Design Firms

 

On Friday, September 23, 2011 Governor Andrew Cuomo signed into law Bill A.4581-A (Canestrani)/S.2987 (LaValle) allowing non·licensed professionals to hold a minority share of ownership in New York's engineering and architecture firms.

 

 

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Promark Assoc. Agencies, Inc.
6470 Main Street, Suite 2

Williamsville, New York 14221

 

716.633.8401 - P 

716.633.8429 - F

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