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Your 2018 insurance program

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Quick summary: Base premium for 2018: $2,950 Part-time practice billing limit updated Innocent Party/Partner levy reduced No more civil litigation transaction levies for family law matters Civil litigation transaction levy increased to $100   Base premium stable The base premium for 2018 will remain unchanged at $2,950. Claims management and cost containment efforts are expected… Read More »

Categories: 2017 September - Insurance Issue 2018, Articles, Content Type, Errors & Omissions, LAWPRO policy

For your protection: Credit card payments are now online-only

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Beginning with the current renewal season, credit card payments for LAWPRO premiums and levies will be accepted only via our secure online payment portal operated by Moneris. Using a third party expert to store your credit card information enhances the privacy of your information and meets the Payment Card Industry Data Security Standard. LAWPRO has… Read More »

Categories: 2017 September - Insurance Issue 2018, Articles, Content Type

2018 insurance coverage for exempt lawyers

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• 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: 2017 September - Insurance Issue 2018, Articles, Content Type, Errors & Omissions

2018 insurance coverage for lawyers in private practice, sole practitioners and lawyers in association or partnership

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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 2018), 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: 2017 September - Insurance Issue 2018, Articles, Content Type

Civil litigation levies evolve to reflect risks

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No lawyer in private practice is immune to professional indemnity claims. However, over 20 years’ experience insuring the Ontario bar has made it clear to LAWPRO analysts that claims risk varies with area of practice. Lawyers who practise real estate or civil litigation face a significantly higher risk of claims than those who practise in… Read More »

Categories: 2017 September - Insurance Issue 2018, Articles, Civil Litigation, Content Type, Errors & Omissions

The amorphous now

Dealing with ambiguity is one of the most important skills a leader can master. Making decisions when all necessary information is not at hand helps to keep our economies, businesses and even families moving forward. There often isn’t enough time to gather all the pertinent data – it just doesn’t exist, or it’s too expensive…. Read More »

Categories: 2017 August Managing Change, Articles, Content Type, Editorials, LAWPRO Magazine, LAWPRO Magazine Article Type

Model Electronic Document Handling Policy

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This model policy is a supplement to LAWPRO Magazine: Cybercrime and law firms, published December 2013. This policy should be adapted to meet the specific requirements and technology in your firm. This policy addresses the best practices for the handling, delivery, and exchange of electronic documents. While the main areas of concern are with sending… Read More »

Categories: Legal Technology, Precedents

Backup Best Practices and Strategies

Securing and protecting your firm’s data is essential. Client files, important communications, and valuable work product often exist exclusively in digital format today, and thus a major loss could have catastrophic professional and ethical ramifications. Whether you’re revisiting an existing backup strategy or implementing one for the first time, these best practices and strategies (in… Read More »

Categories: Precedents

The graceful exit: Leaving practice on a high note

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In the last few years of their careers, many lawyers begin to think about the meaning of legacy. What has been my contribution? How will I be remembered? Part of being a professional means having a vision beyond simply working a job and earning money. Most lawyers are guided by personal values, a commitment to… Read More »

Categories: 2017 August Managing Change, Articles, Content Type, Features, Firm Management, LAWPRO Magazine, Legal Careers, Succession Planning, Topics
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