In This Issue of LAWPRO Magazine
Your 2024 program: New portal, new convenience, same reliable insurance
Quick summary of changes: No change to base premium for 2024: $3,250 Automatic renewal for insureds with no changes Increased maximum gross billings per year to qualify for Part-Time Practice Option to $100,000 from $90,000 New sublimit and risk-prevention requirements for claims arising out of social engineering Auto-renewal for 2024 In July of this year,… Read More »
Lawyers in private practice, sole practitioners and lawyers in association or partnership in 2024
Standard insurance coverage The base program Eligibility: Required of all lawyers¹ providing services in private practice.² Coverage limit: $1 million per claim/$2 million in the aggregate (i.e., for all claims made in 2024), applicable to claim expenses and/or indemnity payments (some exceptions apply).3 Standard deductible: $5,000 per claim, applicable to claim expenses and/or indemnity payments… Read More »
2024 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 a Canadian jurisdiction other than… Read More »