With Miami’s skyline evolving rapidly over recent years due to the boom in residential construction projects, local construction lawyers are now predicting a surge in litigation cases related to construction defects and project slowdowns. The fast-paced growth in the city’s construction industry had led to numerous projects being expedited to meet the high housing demand. However, this rush appears to be showing its aftermath in the form of defects in some completed buildings, whilst many projects still in progress are facing slowdowns.
Franchesco Soto, chair of Haber law’s construction law group based in Miami, commented on the situation: “Construction is at the heart of our economy. As our construction industry grows, our economy grows.” Nonetheless, this growth seems to be coming with its own set of challenges, paving the way for an increase in workload for attorneys operating in this area.
For more detailed insights and in-depth reporting on this developing trend, visit the Daily Business Review page. The legal professionals practicing in the field of construction law or related areas should stay updated on these issues that could potentially influence their practice in the upcoming years.