Articles
Hot 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: 2022 June - After Covid 19, Articles, Excess insuranceRemarks of the Chair and the President & CEO
Remarks of the Chair, Andrew J. Spurgeon As the Chair of LAWPRO’s Board of Directors I am proud of the company’s unflagging determination to support Ontario lawyers and protect the public they serve. LAWPRO has and continues to successfully navigate the many changes and challenges visited upon it as a result of the COVID-19 pandemic…. Read More »
Categories: 2022 April - Annual Report 2021, ArticlesSolid performance despite ongoing challenges
COVID-19 and its wide-spread impact continued to force LAWPRO to adapt the Primary Program in 2021. Changes were made to improve the customer experience, strengthen LAWPRO’s capital position, and streamline processes for greater operational efficiency. In 2021, Ontario began a slow recovery which translated into more work for many lawyers. M&A activity was up, the… Read More »
Categories: 2022 April - Annual Report 2021, Articles, Year in ReviewLAWPRO successfully repairs in 2021
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 alleged failure to immediately disclose settlement agreements, disputes over jurisdiction to extend limitation periods, setting aside dismissal orders, and rectification of… Read More »
Categories: 2022 April - Annual Report 2021, Articles, Year in ReviewDefending lawyers in court in 2021
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 2021 on behalf of insureds. Construction liens and insolvency proceedings – Limitation period defences There are various reasons… Read More »
Categories: 2022 April - Annual Report 2021, Articles, Year in ReviewpracticePRO: Outreach that overcame isolation
2021 was a banner year for LAWPRO outreach and CPD programs. LAWPRO engaged in approximately 110 presentations – setting a new record and increasing outreach efforts to solo and small firms and to foreign trained lawyers. Outreach efforts reached lawyers, law clerks and law students. LAWPRO’s practicePRO program is the well known risk management, claims… Read More »
Categories: 2022 April - Annual Report 2021, ArticlesTitlePLUS: 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, Student