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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

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

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

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

Reflections on technology changes in real estate practice

Facilitating transfers of real estate has been the bread-and-butter of thousands of Ontario lawyers for generations. Despite occasional market wobbles, real estate business has helped firms to flourish in communities of all sizes, often supporting the delivery of family, estates, commercial and even criminal law services. Healthy real estate practices support both lawyers’ own families… Read More »

Categories: 2017 August Managing Change, Areas of Law, Articles, Clerical / Delegation, Communications Errors, Cyber dangers, Features, Inadequate Investigation, LAWPRO Magazine Article Type, Legal Technology, Real Estate, Time Management, Topics

Litigation claims on the rise

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In recent years, the growth in civil litigation claims has outstripped the overall growth in claims. For example, from 2006 through 2010 LAWPRO received an average of 708 civil litigation claims each year, and during 2011 through 2015, the average increased to 948 each year. This growth of 34 per cent vastly exceeds the 7… Read More »

Categories: 2017 August Managing Change, Admin dismissals/Rule 48, Areas of Law, Articles, Civil Litigation, Communications Errors, Content Type, Dabbling, Features, Inadequate Investigation, LAWPRO Magazine, LAWPRO Magazine Article Type, Limitation Periods, Time Management

Commercial title insurance: What you need to know

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A discussion regarding title insurance (or any insurance for that matter) requires the understanding that it is insurance. It does not fix problems, it underwrites risks. As lawyers, it is incumbent upon us to be able to convey this clearly to our clients, whether lenders or more likely borrowers/purchasers. In the days of yore, the… Read More »

Categories: 2017 August Managing Change, Areas of Law, Articles, Content Type, Insurance Business, Real Estate, Title insurance

practicePRO.ca: Time for a new look

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It’s been nearly 20 years since the launch of the original practicePRO.ca website. While the site was basic by today’s standards, it offered the high quality risk management articles, checklists and precedents lawyers would come to expect from the program. In its first few years, practicePRO.ca averaged 30,000 visitors and 7,000 downloads per year. By… Read More »

Categories: 2017 August Managing Change, Articles, Content Type, Social Media

Don’t let claims follow you into retirement

Lawyers often approach retirement feeling good about their legacy. Whether you devoted your efforts to crafting airtight contracts, supported clients as they worked toward mediated settlements, or stood up for the rights of those who needed you, you’re entitled to feel proud of your accomplishments. Looking back, however, may heighten your awareness of just how… Read More »

Categories: 2017 August Managing Change, Articles, Content Type, Errors & Omissions, LAWPRO Magazine, LAWPRO policy, Legal Careers
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