Dealing with Risk as a Contractor: Dean Kilgore Essential Craftsman Podcast

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