Legal professionals with a stake in the construction sector should mark their calendars for December 8th, 2023. An upcoming hybrid event, titled “Building Better Construction Contracts,” is set to take the stage in New York City. The event promises to delve deep into the nuances of negotiating and drafting construction contracts, areas that despite their importance, have seen little structural change over the years.
The announcement of the event focuses on the dynamic practice skills necessary in such a task. However, it also shines a light on the gradual, yet profound transformation that the governing body of construction law and regulations is undergoing. While the legal framework around construction projects remained more or less static, recent years have witnessed calls for efficiency and sustainability, pushing the industry towards change.
The hybrid event intends to address these modern concerns and trends, such as the increased use of technology, advancements in construction contract models, and a renewed focus on sustainable funding at the federal level. The Practising Law Institute (PLI) is the driving force behind the event, illustrating its commitment to guiding the legal profession in adapting to the evolving landscape of construction law.
To summarize, the “Building Better Construction Contracts” event aims to provide attendees with critical insights into the shift in construction law and regulations. PLI’s focus on efficiency, sustainability, and technology promises to provide a meaningful perspective on how to shape better construction contracts.