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Alternative Fee Agreements and Construction Issues: Oil and Water or Perfect Pairing!?

September 11, 2019

(San Diego, CA) In what promises to be a highlight of the CLM Construction Conference, a panel of highly acclaimed thought leaders will present on the cutting edge issue of alternative fee agreements in the context of construction claims.

“One of the reasons this session is receiving heightened interest is the thought that AFA’s (alternative fee agreements), in the context of construction claims, work in limited circumstances,” said Stewart Reid, Firmwide Managing Partner of Wood, Smith, Henning & Berman. Reid, who will be moderating the panel discussion, stated “we will be exploring truly novel and innovative strategies for employing AFA’s not only in construction defect matters, but all issues surrounding construction including construction site injuries and more.”

Citing true teamwork between the client, carrier and lawyer, Reid will lead the panel in the perils and pitfalls of an AFA and provide the audience with a deep understanding of the concepts and where this discussion is appropriate with the parties involved. “One of the misnomers is that one size fits all and that AFA’s work in every context – they do not, and all parties can have unintended consequences,” said Reid.

CLM’s highly anticipated panel discussion “Can Alternative Fee Arrangements Work For Construction Defect Claims?” will dive deep into this cutting edge issue as contractors and carriers work hard to get their proverbial hands around the costs associated with construction claims. Joining Reid in this discussion are industry veterans Matthew Liedle, Joseph Mak (RiverStone Resources), and Caryn Siebert (Gallagher Bassett Services). This esteemed panel will speak before hundreds of industry professionals on Friday, September 27, 2019 at 10:45 a.m. at the Marriott Marquis San Diego Marina.

The CLM Construction Conference is an annual convention offering interactive educational sessions and seminars with the construction industry’s best and brightest. This year’s conference panels cover all aspects of insurance, risk, and claims management of the insurance related to the construction industry. Also covered are the many facets of construction site accidents/injuries, coverage issues, subcontractor issues, risk management, and new technologies on national, regional, and state levels. This year’s conference spans three days, from Wednesday, September 25 to Friday, September 27, 2019. WSHB is proud to be an Emerald conference sponsor.

As Firmwide Managing Partner, Reid is responsible for the operation of the firm across a national platform. He has a broad range of experience and skill litigating general liability, professional liability, subrogation, class action, products, and general business litigation matters. Reid has particular expertise in the area of construction litigation and regularly represents residential and commercial builders and owners – both private and public – involving payment disputes, recovery actions, construction defect, mechanic’s lien, stop notice, delay and acceleration claims, bid protests, and debarment proceedings. Growing up working heavy construction projects, and later as a licensed general contractor building single family homes, he is uniquely qualified to provide creative representation to California’s largest contractors, home builders and property developers.

Wood, Smith, Henning & Berman LLP

WSHB is a full service litigation firm with offices throughout the United States. The Firm has tried over 900 cases to verdict, and is internationally recognized for its exceptionally high rate of success. Since the Firm’s inception in 1997 by trial lawyers David Wood, Kevin Smith, Stephen Henning and Daniel Berman, WSHB has been known as the national “go to” firm for complex civil litigation in professional liability, employment, commercial, medical malpractice and healthcare, construction, environmental, real estate, transportation, subrogation, toxic tort and intellectual property litigation. Additionally, WSHB also regularly handles first and third party coverage issues for the London market. The Firm has been named one of the top four law firms in the nation for female lawyers, and one of the top five for diversity. WSHB’s lawyers take pride in each and every case and all ultimate results. Most of all, WSHB is proud of their organic growth which translates into consistent results and handling office to office.

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