Lawyers should understand the steps in the mechanic’s lien process so that they can prevent or resolve issues related to unpaid work that could expose the company to financial risks, like lien foreclosure or delays in project completion. Preventing or resolving these issues early can affect a company’s bottom line. With careful drafting, corporate in-house counsel and savvy business lawyers may be able to add lien release language into any construction contracts the company enters, thus avoiding potential financial risk and general legal exposure all together.
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