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Unlocking Real Estate Wisdom (2024)
Join us as we provide a practical summary of recent legislative developments impacting the industry, ID verification rules and procedures, the CRA’s new trust reporting rules, legal advice for bare trustees, and essential tax considerations impacting real estate practitioners.
Categories: CPDRemarks of the Chair and the President & CEO
Message from the Chair, Andrew J. Spurgeon LAWPRO takes its responsibility to every Ontario lawyer very seriously. It provides both defense to lawyers and pays claims to set clients right when they experience a loss caused by the negligence of their lawyer. Coverage must be available no matter the area of law, the region of… Read More »
Categories: 2024 April - Year in Review 2023, Year in ReviewTransformation: Evolving to meet tomorrow’s challenges
The world has gone through many changes in the past few years. From COVID, to inflationary pressures; from remote workplaces, to the rise of generative AI; revolutionary change happens seemingly overnight. In 2023, LAWPRO took steps towards building the tools, systems, and data we will use to meet these revolutionary changes in our world. Last… Read More »
Categories: 2024 April - Year in Review 2023Repairing potential losses in 2023
When LAWPRO is quickly alerted to potential claims, we can often rectify the problem, and prevent loss and further lawsuits from arising. Our counsel know how to best address issues such as withdrawing admissions, rectification of trusts, extending the time to set a matter down for trial, and other repairable matters. Here are a few… Read More »
Categories: 2024 April - Year in Review 2023Defending lawyers in court in 2023
Despite any attempts to resolve claims without litigation, sometimes court is inevitable. Every year, LAWPRO steps in to defend licensees from unwarranted lawsuits and accusations. Below are a few examples of defences successfully advanced by LAWPRO in 2023 on behalf of insureds. Sale of business and contract dispute – Alleged failure to flag contractual ambiguity… Read More »
Categories: 2024 April - Year in Review 2023Building our community in 2023
Corporate Social Responsibility at LAWPRO is informed by a spirit of community and accountability, while acknowledging that we are governed and profoundly shaped by our unique role as the provider of the primary professional liability insurance program for lawyers in Ontario. Supporting our future legal community LAWPRO’s efforts and activities to support law students included… Read More »
Categories: 2024 April - Year in Review 2023Moving forward with TitlePLUS
TitlePLUS was completely reengineered in 2021 with new features, policy wording, pricing structure, and website. Since the launch of the “new” TitlePLUS, it continues to evolve, add integrations, and process improvements while providing unmatched comprehensive coverage that is fast and easy to use. 2023 saw some big developments for TitlePLUS including a new leader who… Read More »
Categories: 2024 April - Year in Review 2023, UncategorizedHow to ensure you have secure funds
Article highlights: 1.For funds to be truly irrevocable, you need a PCRN. Anything else is a risk. 2.“On-Us” funds (e.g. when the payee and the payor are at different branches of the same financial institution) are safe and you can proceed. 3. Just because a bank releases your funds – even after a hold period… Read More »
Categories: Online OnlySuccession Planning for your Legal Practice (2024)
This program will cover what every lawyer and law firm should know to adequately prepare themselves for potential absences from their practice—whether short-term, long-term, or permanent. The program will provide helpful advice on what practitioners should do now to prepare their practice and affairs for when they may need to step away in the future…. Read More »
Categories: CPDThe confidence client: Survival tips to prevent fraud
In the nineteenth century, American journalists and law enforcement coined the term “confidence artist” to describe a form of fraud that preys on the trust and credulity of its target. The form these frauds took was always changing but relied on the good faith of the target and either a promise of profit or a… Read More »
Categories: 2024 March, Articles, Cyber dangers, Fraud