LAWPRO Magazine Article Type
Does your firm need cybercrime insurance?
In a study titled The Cost of Cybercrime, Accenture surveyed 254 companies in seven countries. Over the course of five years, the study revealed a 62 per cent increase in cybercrime attacks. Data breaches during the same period doubled to 130 per year. Accenture noted that while not every security breach results in a loss,… Read More »
Categories: 2018 February Top Legal Disruptions, Articles, Content Type, Cyber dangers, Disaster Planning, Firm Management, Insurance Business, LAWPRO Magazine, LAWPRO Magazine Article Type, LAWPRO policy, Legal Technology, TopicsCoping with changes outside your control
Any real change implies the breakup of the world as one has always known it, the loss of all that gave one an identity, the end of safety. And at such a moment, unable to see and not daring to imagine what the future will now bring forth, one clings to what one knew, or… Read More »
Categories: 2018 February Top Legal Disruptions, Articles, Content Type, LAWPRO Magazine, LAWPRO Magazine Article Type, Topics, Wellness, WellnessHow to safely put your data in the cloud
Cloud services help you access and store data on someone else’s server. You may not realize it, but Dropbox, Gmail, Facebook, and legal specific applications like Clio are all examples of cloud services. Putting data on the cloud raises issues like maintaining confidentiality, usability, cost, portability and applicability to your area of practice. Keeping in… Read More »
Categories: 2018 February Top Legal Disruptions, Articles, Content Type, Cyber dangers, LAWPRO Magazine, LAWPRO Magazine Article Type, Legal Technology, Tech Tips, TopicsCivil litigation claims: What we saw in 2017
Claims against litigators are the largest area-of-law subset in LAWPRO’s claims portfolio. The rate of increase in claims in this area outstrips all others, and is an increasing source of concern.In the past two years, we have focused on the claims impact of the changes to Rule 48 of the Rules of Civil Procedure. Judgments… Read More »
Categories: 2018 February Top Legal Disruptions, Admin dismissals/Rule 48, Areas of Law, Articles, Casebook, Civil Litigation, Content Type, LAWPRO Magazine, LAWPRO Magazine Article Type, Limitation Periods, Malpractice Errors, Time Management, TopicsRecognizing the red flags of real estate scams involving corporate identity theft
Frauds targeting real estate lawyers are getting ever more sophisticated. LAWPRO has seen several attempted frauds involving corporate identity theft. The properties involved may be commercial or residential, but are always owned by a corporation. How these frauds work These frauds start with the fraudsters changing or stealing the identity of corporate property owners. This… Read More »
Categories: 2018 February Top Legal Disruptions, Areas of Law, Articles, Content Type, Fraud, LAWPRO Magazine, LAWPRO Magazine Article Type, Malpractice Errors, Real Estate, Title insurance, TitlePLUS, TopicsCybersecurity for the home and office
For many lawyers, the divide between “home” and “office” isn’t clear-cut. Work is often done in both places and during the trips back and forth. As a result, sensitive client information may not always be protected under the umbrella of a firm cybersecurity system. Cybersecurity for the Home and Home Office can help lawyers understand… Read More »
Categories: 2018 February Top Legal Disruptions, Articles, Book Review, Content Type, Cyber dangers, LAWPRO Magazine, LAWPRO Magazine Article Type, Legal Technology, TopicsMake sure clients aren’t caught off guard by the Rental Fairness Act
On April 27, 2017 the Province of Ontario amended the Residential Tenancies Act, 2006 (RTA) with the introduction of the Rental Fairness Act. Some of the changes to the RTA are already fully in force, others will come into play in 2018. The amendments to the RTA affect every residential tenancy in Ontario to different… Read More »
Categories: 2018 February Top Legal Disruptions, Areas of Law, Articles, Content Type, Could This Happen to You?, Failure to Know The Law, LAWPRO Magazine, LAWPRO Magazine Article Type, Malpractice Errors, Real Estate, TopicsYour 2018 insurance program
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 policy2018 insurance coverage for exempt lawyers
• 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 & OmissionsCivil litigation levies evolve to reflect risks
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