Articles
TitlePLUS: From a simple mission to a great innovation
TitlePLUS may have evolved into a full-service, streamlined online title insurance offering, but some things haven’t changed, says Daniel Pinnington, president and CEO of LAWPRO. “On top of offering the same unparalleled coverage as always, our mission and our purpose remain the same,” says Pinnington. “TitlePLUS is built for lawyers, and our commitment to keeping… Read More »
Categories: 2022 April - Annual Report 2021, Articles, Real Estate, Title insurance, TitlePLUSHot real estate market? Excess coverage protects your practice as property values soar
Current market conditions mean business is booming for lawyers, but keep in mind that your risk exposure may be growing in lockstep with property values. A hot market changes the way real estate deals unfold. Not only do lawyers see a higher transaction volume, but unconditional offers proliferate, and closing intervals may shrink. All these… Read More »
Categories: Articles, Excess insurance, Real EstateTaking the gloom out of zoom: Ten teleconferencing tips
It turns out, the class we all needed was “Lawyering by Zoom 101”. It’s clear that remote meetings and videoconferencing are now a permanent part of the legal profession. But while online meetings bring benefits and convenience, they can also bring confusion and frustration. We’ve summarized ten teleconferencing tips to help you be the best… Read More »
Categories: Articles, New Lawyer IssueHow modern lawyers are built from many pieces
The year is 2021. Everyone has a supercomputer in their pocket. Artificial meat is 3D printed in a lab. Somewhere a car is driving itself and a robot is doing a backflip. And, at long last, many courts have finally instituted remote hearings by video conference. The legal system may adapt slowly to changing technology,… Read More »
Categories: Articles, New Lawyer Issue, New Lawyers, StudentRemarks of the Chair of the Board of LAWPRO for the 2020 Year in Review
2020 was a year like no other in living memory, but the business of law managed to continue, even if the way we accomplished it felt completely unfamiliar. Likewise, LAWPRO continued to operate, even though the pandemic impacted us in many ways including closed courts and a real estate market that sprung back to life… Read More »
Categories: 2021 April – 2020 Year in Review, ArticlesRemarks of the President & CEO for the 2020 Year in Review
My remarks for last year’s annual report were written in late March, just a few weeks after the pandemic started. The “incredible events and changes” of those first few weeks (as I then described them) did little to foreshadow the countless ways the COVID-19 pandemic upended our personal and professional lives through the rest of… Read More »
Categories: 2021 April – 2020 Year in Review, ArticlesLAWPRO successfully repairs in 2020
When LAWPRO is quickly alerted to potential claims, we are often able to rectify the problem and prevent loss and further lawsuits from arising. Our counsel know how to best address issues such as failure to comply with strict notice requirements, failure to discover unknown defendants within the limitation period, and the threat of dismissal… Read More »
Categories: 2021 April – 2020 Year in Review, Articles, CasebookDefending lawyers in court in 2020
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.Here are a few examples of defences successfully advanced by LAWPRO in 2020 on behalf of insureds. Contract law – Claims against alleged partners of debtors Partners in a legal firm… Read More »
Categories: 2021 April – 2020 Year in Review, Articles, CasebookYour 2021 insurance program: Expanded coverage; easy renewal
Quick summary of changes: Innocent Party coverage now provided to all insureds Base premium for 2021: $3,000 No change to transaction levies Simplified one-click renewal process Consolidated renewal deadlines and reduced late filing surcharges What is new for 2021? The 2021 E&O program focuses on expanding the availability of coverage for claims involving vicarious liability,… Read More »
Categories: 2020 October – Insurance Issue 2021, Articles2021 insurance coverage for lawyers in private practice, sole practitioners and lawyers in association or partnership
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 2021), applicable to claim expenses, indemnity payments and/or costs of repairs together. Standard deductible: $5,000 per claim, applicable to claim expenses, indemnity payments and/or costs of… Read More »
Categories: 2020 October – Insurance Issue 2021, Articles, LAWPRO policy