Gregory P. "Greg" Parsons

Lexington, KY Directions

Recognized in Best Lawyers since 2007

Awarded Practice Areas

Construction Law Litigation - Construction

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Awarded Practice Areas

Construction Law Litigation - Construction

Works at

Stites & Harbison PLLC

95 Best Lawyers awards

Biography

Greg Parsons is a Member of the firm in the Lexington office and a member of the Construction Service Group. Greg has represented construction and business clients for thirty-five years. The construction clients he has represented include general contractors, owners, subcontractors and steel fabricators. He has also handled matters for various businesses, financial institutions, municipalities and universities. He regularly reviews, drafts and advises clients regarding construction contracts and other related agreements. Greg also counsels project participants on risk allocation, claim avoidance and resolution. He mediates disputes both as an advocate and neutral. He has litigated and arbitrated disputes involving various construction issues such as construction defects, design errors, delays, changes in scope and code compliance. He has handled construction/business litigation and arbitration matters in various jurisdictions, including Kentucky, Tennessee, Ohio, Minnesota, Connecticut, West Virginia, Texas, Georgia, Indiana, and the U. S. Court of Federal Claims in Washington, D.C.

Locations

Lexington, Kentucky

859-226-2300

250 West Main Street, Suite 2300
Lexington, KY 40507-1758

Languages

English

Education

University of Kentucky, J.D., graduated 1982
University of Kentucky, BA, graduated 1979

Bar Admissions

Kentucky, Kentucky Bar Association

Affiliations

American Bar Association - Member
American Bar Association Forum on the Construction Industry - Member
Kentucky Bar Association - Member; Commission on the Future of Legal Services in Kentucky, Member; Inquiry Commission, Member (2011-17) and Chair (2013-17)
Fayette County Bar Association - Member
Construction Lawyers Society of America (CLSA) - Fellow

Client Testimonials

I have always found Greg to be professional and very knowledgeable in his field. He is very responsive and is a pleasure to work with, particularly on difficult issues.

Jim Osborne (City of Murrray, KY)

Greg Parsons became involved in our case in the late stages of preparation for trial. I was amazed at the speed with which he familiarized himself with the history of the case. He was able to make the most important strategic points clearer to me during preparation. His calm, respectful demeanor in the courtroom during direct examination was a great source of strength and confidence for me during a very difficult ordeal. I have the greatest respect for Greg Parsons and would highly recommend him.

Greg became our attorney a few years ago when we were trying to recover overages from a company that built a hotel for us. From the very beginning prospects didn't look bright, although ultimately we prevailed. When he delivered the news, he was as excited as we were. Since that time, he has continued to represent us. His firm now represents us in other matters. We appreciate Greg and all his efforts.

Mr. Parsons has represented State Bank & Trust Company for over ten years. During that time he has proved to be one of the best attorneys that the Bank could have retained. He is very knowledgeable and well-prepared to answer questions at any time. He is extremely easy to work with and able to make one comfortable with the legal process during a stressful time. His courtroom presence is exceptional and very effective.

JoEtta Y. Wickliffe (State Bank & Trust Company)

Harrodsburg, KY

Awards & Focus

Named "Lawyer of the Year" by Best Lawyers^® for:

Construction Law, Lexington (2024)
Litigation - Construction, Lexington (2022)
Construction Law, Lexington (2020)
Litigation - Construction, Lexington (2015)
Construction Law, Lexington (2013)
Litigation - Construction, Lexington (2012)

Recognized in The Best Lawyers in America^® 2026 for work in:

Construction Law
Litigation - Construction

Additional Areas of Practice:

Appellate Practice
Arbitration
Mediation

Special Focus:

Appellate
Arbitration and Mediation
Commercial Development
Commercial Litigation
Construction Disputes
Contract Review and Negotiation
Contractors

Awards:

Martindale-Hubbell AV-rated
Kentucky Super Lawyers (2007-present)
Benchmark Litigation magazine, Litigation Star (2015-present)

Case History

Cases

Constrcution Arbitration

Arbitrated claims arising from construction of a large refrigerated distribution center.
Won an arbitration award on behalf of a hotel owner against a contractor for negligent misrepresentation regarding the construction budget and recovered substantial cost overruns, despite the fact that parties had a cost-plus contract with no guaranteed maximum price.
Served as co-counsel for a contractor in a multi-issue, multi-million dollar three-month arbitration involving a manufacturing facility resulting in a favorable award for client.

Central Bank and Trust v TBS

Represented a bank at trial resulting in a judgment of approximately $2 million in favor of our client that included an award of compensatory damages and treble damages, plus attorneys fees for claims of fraud, breach of contract, conversion and piercing the corporate veil.

Federal Construction case

Handled federal court construction case concerning a municipal sewage facility that involved construction defects and engineering issues.

Construction contracts

Prepared and negotiated construction contracts for university-client's facilities.
Regularly review and advise publicly-traded company regarding its subsidiaries' contracts.
Advises clients regarding both design and construction master services agreements.

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