Independent contractors are business owners in their own right. Fueled by a healthy “gig economy,” they enjoy the freedom, flexibility and unlimited revenue potential that comes with entrepreneurship. With that albeit risky upside, the downside involves little, if any of the rights usually afforded to hourly and salaried employees.
Disputes involving construction projects can be complex. These disputes often arise between a property owner and a contractor, but can also involve subcontractors, property managers, construction managers and even licensed professionals like architects and engineers.
While it is common for businesses engage in competition, it is important that their actions remain lawful. However, some businesses can become too competitive and begin engaging in unlawful business practices. These actions fall under the business tort known as “unfair competition.”
There are several types of employment contracts that help protect businesses from liability under certain circumstances. One type of employment contract is an arbitration agreement.