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Called to the Bar? Time to think about insurance
LAWPRO’s Kim Barbosa hears lots of questions from friends and colleagues about LAWPRO insurance and the responsibilities of a new lawyer. Kim articled at LAWPRO and will rejoin the company as Associate Claims Counsel following her upcoming call to the bar. Below she puts some of these questions and concerns to LAWPRO Unit Director and… Read More »
Categories: 2024 June - Time for Tomorrow, ArticlesExcess: No time like the present
Over time, you may find your practice has changed enough that you want to consider higher E&O limits. Below, are some of the most common ways the effect of time has encouraged law firms to apply for LAWPRO Excess coverage, which currently offers limits of $1M/$2M/$3M/$4M and $9M beyond the base $1M per claim and… Read More »
Categories: 2024 June - Time for Tomorrow, Articles, ExcessTitlePLUS: If you have a claim reporting it quickly makes a real difference
The key reason for prompt reporting of a claim is to keep options open to look for ways to resolve the claim, and not have our position prejudiced by delay or actions taken by the policyholder before the claims examiner has had a chance to complete their investigation. This is especially important in claims that… Read More »
Categories: 2024 June - Time for Tomorrow, Articles, Real Estate, TitlePLUSVacant Home Tax: Is your client buying or selling?
Several regions in Ontario have introduced or are contemplating the introduction of a vacant home/unit tax (VHT). The failure to file a declaration of occupancy status (“VHT declaration”) has led to complications for both sellers and buyers. If homeowners fail to submit the VHT declaration by the stipulated deadline, the property is presumed vacant. This… Read More »
Categories: Online Only, Real EstateUnlocking Real Estate Wisdom (2024)
Join us as we provide a practical summary of recent legislative developments impacting the industry, ID verification rules and procedures, the CRA’s new trust reporting rules, legal advice for bare trustees, and essential tax considerations impacting real estate practitioners.
Categories: CPD, CPD Real Estate, Real EstateHow to ensure you have secure funds
[Updated August 2025] Article highlights: 1.For funds to be truly irrevocable, you need a PCRN. Anything else is a risk. 2.Financial institutions that have adopted the Uniform Treatment of Wire Payments have agreed to treat “On-Us” funds (e.g. when the payee and the payor are at different branches of the same financial institution) as irrevocable… Read More »
Categories: Online OnlySuccession Planning for your Legal Practice (2024)
This program will cover what every lawyer and law firm should know to adequately prepare themselves for potential absences from their practice—whether short-term, long-term, or permanent. The program will provide helpful advice on what practitioners should do now to prepare their practice and affairs for when they may need to step away in the future…. Read More »
Categories: CPD, CPD Practice Management, Succession PlanningThe confidence client: Survival tips to prevent fraud
In the nineteenth century, American journalists and law enforcement coined the term “confidence artist” to describe a form of fraud that preys on the trust and credulity of its target. The form these frauds took was always changing but relied on the good faith of the target and either a promise of profit or a… Read More »
Categories: 2024 March - The Confidence Client, Articles, Cyber dangers, FraudOne click and you are out $1 million
Could it happen to you? If you have a trust account, then you’re at risk. We are seeing a sharp increase in social engineering fraud against law firms and their clients, where the goal is to divert funds to fraudsters’ accounts. When money gets diverted, the lawyer and/or the client is out of funds. For… Read More »
Categories: 2024 March - The Confidence Client, Articles, Cyber dangers, FraudHow managing your schedule can help you stay well
Decision fatigue is the decline in energy and focus you experience after making decisions or engaging in mundane tasks. This mental drain can cause you to seek immediate rewards, which can lead to poor decision making and inefficient or irrational behavior. Here are five ways you can manage your daily schedule to stay focused and… Read More »
Categories: 2024 March - The Confidence Client, Articles, Wellness