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The Full Weight of the Law: How Legal Professionals Can Recognize and Rebound From Depression
Law students and lawyers report having a significantly higher rate of depression than the general population. When untreated, depression affects lawyers and their clients, families, friends, and colleagues. In addition to the effects of mental health conditions on lawyers’ lives, the same disorders can lead to substantial disciplinary issues that threaten attorneys’ ability to practice… Read More »
Categories: Book, WellnessRecent judicial decision makes private lender mortgages (slightly) less complicated
In past years, LAWPRO has written a series of articles on potential claims exposure on private mortgages when title insurance is obtained. A recent judicial decision of the Ontario Court of Appeal resolves some ambiguity as to the implications of transferring funds in such circumstances. The problem originally arose where the lender and borrower were… Read More »
Categories: Real Estate, Title insurance, WebzineKnow thy property: Four easily avoidable errors made before closing real estate transactions
When closing a real estate deal, there is limited time to address numerous legal and practical issues. Just getting a transaction across the finish line can often seem like a feat worthy of celebration. But getting past closing doesn’t bring closure if title errors are discovered after the fact. And even small errors can create… Read More »
Categories: Real Estate, WebzineEditorial: A careful balance
By Dan Pinnington, President & CEO of LAWPRO. My first year as CEO has flown by. It seems like just yesterday that I was writing remarks as the incoming President & CEO for the 2017 Year in Review issue of LAWPRO Magazine. I believe it was a successful year of transition, for both me and… Read More »
Categories: 2019 May - 2018 Year in review, Articles, Editorials2018 Financial results explained
Net premiums: $107.5 million We kept our base premium unchanged this year, and that consistency is reflected in 2018’s net earned premiums of $107.5 million being only slightly below last year’s result. Since the number of practising lawyer full-time-equivalents (FTEs) is a solid 27,323, which is slightly higher than expected, the small reduction in net… Read More »
Categories: 2019 May - 2018 Year in review, Articles, Year in ReviewE&O program review: Risk in the balance
When it comes to long-term trends in the quantity and causes of malpractice claims, slow and steady are positive descriptors. While many things in the legal profession could stand to move at a faster pace, predictable changes to potential risks allow LAWPRO to adequately plan for future costs and outlays by balancing them against premiums,… Read More »
Categories: 2019 May - 2018 Year in review, Articles, Errors & Omissions, Year in ReviewEnsuring good services with good service
LAWPRO’s Underwriting & Customer Service department supports the primary program at LAWPRO, just like a sales department and customer help-line in a typical insurance company. A new record is established soon after a lawyer is called to the Ontario bar, and existing records are adjusted as lawyers move their practice, or move out of private… Read More »
Categories: 2019 May - 2018 Year in review, Articles, Year in ReviewRepairs: The best defence is ensuring a defence isn’t needed
Most potential claims don’t result in litigation or settlement. The timely reporting of practice errors allows our counsel to step in and help lawyers take steps to rectify errors and prevent losses. LAWPRO counsel have substantial knowledge and experience in areas commonly associated with repairable practice errors, such as potentially missed limitation periods, administrative dismissals,… Read More »
Categories: 2019 May - 2018 Year in review, Articles, Casebook, Year in ReviewDefences: Standing up and stepping in for licensees
Sometimes a client’s accusations can’t be resolved without litigation. When a licensee has a viable defence to malpractice accusations, and the claim cannot be resolved out of court, LAWPRO steps in to provide lawyers with an effective legal defence. LAWPRO’s claims management philosophy is aimed at quick resolutions in situations where there is liability, defend… Read More »
Categories: 2019 May - 2018 Year in review, Articles, CasebookThere’s more to the TitlePLUS program than meets the eye
With better clarity and ease of use being the focus of the program, 2018 saw a year of improvements to better meet the needs of our subscribers and their clients. We streamlined underwriting requirements for mortgage transactions so you can offer better options to your clients, and increased automated underwriting limits for commercial properties saving… Read More »
Categories: 2019 May - 2018 Year in review, Articles, TitlePLUS, Year in Review