Event Calendar

Wednesday, April 17, 2024

Profitability & Risk Management in Engineering Practice (5302)

Start Date: 4/17/2024 8:30 AM PDT
End Date: 4/17/2024 11:00 AM PDT

Venue Name: David Evans and Associates, Inc.

2100 S River Parkway
Portland, OR  United States  97201

Organization Name: ACEC Oregon

Merideth Webber
Email: mwebber@acecOregon.org
Phone: 503-292-2348

Profitability & Risk Management in Engineering Practice  
Engineers often feel they are between a rock and a hard place when it comes to risk management and profitability. If they follow all of the risk management advice they are given—e.g., “only sign 100% insurable contracts,” “don’t do business with difficult clients,” “send CYA letters about everything”—they risk losing clients and projects. But engineers are also aware that one claim can have devastating impact on the firm’s profitability in the form of a (often quite large) deductible obligation, lost time, damage to reputation, and the like. 

This seminar will explore how engineers can navigate the dangerous waters between sound risk management and profitability. Practical advice will be provided about client and project selection, contract negotiation, and using documentation and communication to strengthen client relationships and reduce the likelihood of professional claims. 

Karen Erger, Senior Vice President, Director of Practice Risk ManagementLockton, the world’s largest privately owned independent insurance brokerage.

Drawing upon her experience as a construction lawyer in private practice and as a claim supervisor for a major insurer of architects’ and engineers’ professional liability, Karen consults with Lockton’s architecture, engineering, and construction clients on practice management issues, including complex claims and contracts, and provides risk management training and resources.

She graduated Phi Beta Kappa from the University of Chicago and earned her law degree at the University of Chicago Law School. 

  • Members - $300 per person (if your firm is a member then you are a member) 
  • Non-members - $400 per person 

  • 8:30 a.m. - Check-in & breakfast
  • 9:00 a.m. - Program begins, includes time for Q&A
  • 11:00 a.m. - Conclusion 

David Evans and Associates, Inc.
2100 S River Parkway
Portland, OR  97201

This class is good for accruing two (2.0) continuing professional development credits

Cancellations must be received by Thursday, April 11, 2024. 

THANK YOU TO DEA for providing the event space!