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2020 insurance coverage for lawyers in private practice
Standard insurance coverage The base program Eligibility: Required of all lawyers¹ providing services in private practice.² Coverage limit: $1 million per claim/$2 million in the aggregate (i.e., for all claims made in 2020), applicable to claim expenses, indemnity payments and/or costs of repairs together. Standard deductible: $5,000 per claim, applicable to claim expenses, indemnity payments… Read More »
Categories: 2019 September - Insurance Issue, Articles, Content Type2020 insurance coverage for exempt lawyers
• in-house corporate counsel • government lawyers, educators and others not in active private practice • retired lawyers, estate trustees, emeritus lawyers, judges and others no longer practising law • legal aid clinic lawyers (not directly employed by Legal Aid Ontario) • lawyers who engage in only occasional practice in Ontario and are resident in… Read More »
Categories: 2019 September - Insurance Issue, ArticlesBuilding a Better Law Practice: Become a Better Lawyer in Five Minutes a Day
Small steps can lead to big changes. For lawyers who want to improve their career, Building a Better Law Practice: Become a Better Lawyer in Five Minutes a Day is full of these small steps. A few minutes a day with this easy-to-read guide will help put you on the right path to growing your… Read More »
Categories: Book, Firm Management, Legal Careers, MarketingLandmines for Lawyers When Drafting Wills
When it comes to mistakes and claims, the Achilles heel for lawyers in the wills and estates area is drafting wills: Making will-drafting errors – either because of poor communication, inadequate discovery or errors in law – is the single most common issue in claims reported in this area of law. In many cases, the… Read More »
Categories: Articles, Communications Errors, Failure to Know The Law, Inadequate Investigation, Wills & EstatesMicrosoft Office 365 for Lawyers, 2nd Edition
As technology is constantly evolving, the Second Edition of Microsoft Office 365 for Lawyers is here with up-to-date information on the increasingly popular software program for small, midsized, and large law firms—Office 365. This easy to understand guide covers the most common questions lawyers have when considering migrating their firms to Office 365. With quickly… Read More »
Categories: Book, Legal TechnologyThe 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 Review