Mechanics liens are a powerful tool to help architects secure payment on Illinois projects. In turbulent economic times, AIA contract type liens can be particularly useful to architects concerned about their clients’ willingness – or ability – to pay for design services. Liens can sometimes motivate project owners and lenders to pay architects and their subconsultants. Architects who meet certain short deadlines, and make technical filings with correct content, can often receive favorable treatment under the Illinois Mechanics Lien Act. However, liens are no panacea, and they have potential downside along with their upside.
In this program, Jeremy Baker, an attorney for architects, a longtime partner at Schiff Hardin LLP, AIA standard of care and the founder of Baker Law – Design & Construction Counsel, will help architects understand:
- What is a mechanics lien?
- How can liens help architects get paid?
- What impact will COVID-19 have on architects and liens?
- How do project owners and lenders react to architects’ liens?
- What risks to architects face if they make – or forego – lien claims?
- What are the different kinds of liens, and their filing requirements?
- How much do lien claims cost, and what happens when they are filed?
- Given COVID-19, what lien-related issues should architects consider?
Jeremy will take questions after the program and can be contacted through https://buildchicagolaw.com.
NOTE: the content of this program is specific to Illinois law and Illinois projects.
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