Bruce H. Schoumacher, Querrey Harrow, Ltd. Chicago

Construction Lien Laws: A Little-Used but Valuable Engineering Tool

Design professionals often overlook a valuable tool they can use to collect their accounts receivable; the construction lien laws of the state where a project is located can help a firm collect sums owed for work or equipment delivered. The first construction lien law was enacted in Maryland in 1791, and since that time, the other 49 states have adopted similar laws for the protection of co...