Colbie Campbell, construction lawyer and partner with Slates Harwell in Dallas, joins us on today's show! Colbie talks about lumber prices, the importance of being adaptable, and practicing in a niche area. Her firm/practice 12-13 lawyer boutique construction law firm founders came over from (Foley) Gardere in 2013 She has been with the same people for most of her practice Clients are usually general contractors/owners/developers Practice encompasses transactional AND litigation Her practice is more litigation, though it can ebb/flow with how the industry is going (what is begin transacted versus what is being litigated) She also does some intellectual property (IP) work with her clients Major issue with her clients right now is the price escalation of materials (lumber in particular), which can cause problems with large differences between bid prices and actual cost. Supply chain is also an issue, as builds happen in a sequence and major delays can result when components don't arrive on schedule When these things happen, look to the contract! What's in there?! This happened last year with tariffs. There are also a lot of conversations that happen between the GCs/subs/etc. to try and work things out when things happen out of either parties' control. Going forward contracts will have language addressing pandemics, COVID, etc. to try to account for it up front. Including additional costs such as PPE in order to allow people to work safely. Everyone had to become an employment lawyer in the past year. Advice for lawyers in practice Adaptability She came out in 2008-09 during the recession, and was forced to adapt to a difficult environment and make herself valuable so she could keep her job. Learning to work with different partners and partner personalities and styles she worked with a micromanager and a delegator Daniel refers to the Jered/Wendy episode talking about understanding each partner's approach Managing expectations Better to communicate and let others know if there is an issue, problem, delay. Strong communication with the partner enables strong communication with the client, which helps keep reality and expectations in line. Get into the driver's seat for the development of your professional career If there is a partner that you work well with, go ask for more work from them! If there is a case you want to work on, go ask for it! If there is a skill you want to develop, go ask for the opportunity to learn it! Partners may say the door is always open, but that still means you as the associate need to go to them! Daniel recalls prior advice of associates needing to go out and get work; don't sit in your office and wait for the work to come to you. It's both important to make sure you get all your hours AND to pick the type of work you want! It can be scary to go to a niche firm Daniel talked about fear of getting pigeon-holed. In construction law, you are learning how to litigate, so those skills are transferable. You just get extra knowledge in terms of how the construction industry works. That may not help you in another type of firm, but it won't hurt you. You can take advantage of the opportunity to gain more experience earlier in your career in firms like this. Their firm has a huge range of cases monetary value Failure to communicate is the number one issue that associates need to focus on, and a place where they can get into trouble it is one of the core values at their firm when a mistake is made, trying to fix it before communicating can be a problem if you see a legal issue that the team might be missing, raise it! Advice for lawyers who are lateraling Demonstrate construction law experience OR interest if you are going to a construction law firm (but this would apply to...