Dealing with Risk as a Contractor: Dean Kilgore

Nate and Scott met Dean in the Essential Craftsman Academy twice monthly zoom chat. Dean is an attorney in Texas with decades of experience in litigation and is now working in mediation. He works with many general contractors and people in the trades and was willing to share a lot of information and tips for staying out of the court room.

 

0:00 Intro

2:20 Litigation & mediation

4:53 Handshake not enough

9:10 Details & quality matter

10:31 GC owns the risk

13:45 Sense when it feels risky

17:50 Spouse A & Spouse B

21:20 Lawyer advice on the front end

25:29 Documentation

28:18 Guessing & clarity

32:00 Job delay claims

36:08 Nate learns lessons

37:51 Protecting against the bad ones

39:54 Skilled insurance broker

41:53 Best time to pull payments

44:38 This makes me uncomfortable

46:40 Ultimate honesty & trust

51:55 Know these 3 things

56:01 In your wheel house

57:57 The process of mediation

1:04:30 Commercial detailed contracts

1:09:50 Evolution of your business risk

1:11:22 Do you have question for Dean?

1:13:44 Dean's blacksmithing projects