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Repairing errors to head off claims
Timely efforts by LawPRO to “repair” errors committed by lawyers save the Ontario bar millions of dollars every year. To preserve these repair opportunities, lawyers should contact us as soon as it becomes clear that a mistake may have been made on a file. LawPRO successfully argues for rectification of a will provision A multi-million… Read More »
Categories: 2017 May - 2016 Annual Review, Articles, Civil Litigation, Errors & Omissions, Wills & Estates, Year in ReviewStanding up for lawyers
The great majority of claims reported to LawPRO are either abandoned, settled, or resolved through mediation or arbitration. But if we hope to preserve reasonable and fair limits on the scope of lawyers’ responsibilities, we must occasionally go to court. Our litigation track record is proof of our sound judgment about when to go to… Read More »
Categories: 2017 May - 2016 Annual Review, Articles, Year in ReviewAre individuals acting as general counsel to their law firms required to have LAWPRO insurance?
While general counsel have been commonplace in corporate settings for years, it is now becoming more common for law firms to have someone working in a “general counsel” capacity. There is a wide variety in the types of work done by law firm general counsel. Among other things, it can involve advice on human resources… Read More »
Categories: 2017 May - 2016 Annual Review, Articles, FAQs, LAWPRO policyLet’s celebrate! The TitlePLUS program’s 20th anniversary
As the TitlePLUS program celebrates its 20th Anniversary, we pause to reflect on the past while looking forward to a strong and exciting future. From its inception, the TitlePLUS program has always been about more than just title insurance – it addresses the changing realities facing real estate lawyers and consumers and seeks to find… Read More »
Categories: 2017 May - 2016 Annual Review, Articles, TitlePLUSIt’s more than just business – Corporate social responsibility
LawPRO’s continued commitment to its Corporate Social Responsibility (CSR) program was reflected in contributions to the profession, to wellness, and to the community. Fostering the legal profession and access to justice In May of 2016, LawPRO personnel attended the Pro Bono Ontario awards gala to honour the contributions of lawyers, law firms, legal departments, law… Read More »
Categories: 2017 May - 2016 Annual Review, Articles, Insurance BusinessClarification on implementation of non-resident speculation tax changes
With the new Non-Resident Speculation Tax (NRST) statements being required as of April 21, an issue arose as previously signed documents would have lost their approval if someone added the new statements. Late Friday afternoon the Ministry of Finance posted an update that clarifies how previously signed documents can be handled. The Ministry has confirmed… Read More »
Categories: AlertsClarifications on implementation of provincial land transfer tax changes
This afternoon the Ministry of Finance posted an update that clarifies how previously signed documents will be handled. The Ministry’s update makes it clear that previously signed documents will remain signed and can be registered “as is” through the transition period. The new LTT statements section will appear on all documents (including previously signed documents)… Read More »
Categories: AlertsNon-resident speculation tax changes effective April 21, 2017
The Law Society received a letter from the Ministry of Finance today which provides details about the April 21, 2017 implementation of the non-resident speculation tax changes. LAWPRO encourages all lawyers who handle real estate transactions in Ontario to review this letter so they can take steps to comply with these changes. The letter indicates… Read More »
Categories: AlertsProvincial land transfer tax changes effective April 24, 2017
LAWPRO encourages all lawyers who handle real estate transactions in Ontario to be aware of upcoming changes to the land transfer tax system. These changes apply to applicable purchases and acquisitions starting April 24, 2017. The Province has announced it will collect additional information through the land transfer tax system to help it better understand… Read More »
Categories: AlertsNot your mother’s law career
Who (or what) inspired you to go to law school? Regardless of their reasons for choosing a legal education, today’s young lawyers can expect that their experiences practising law will be different from depictions of the profession they witnessed growing up. Tablet computers have replaced wheeled trial bags, Skype™ conferences stand in for face-to-face meetings,… Read More »
Categories: 2017 Student Issue No 5, Articles, Editorials