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LAWPRO Magazine: 2024 Insurance Isssue 2025
In This Issue of LAWPRO Magazine
Your 2025 program: More options means a policy tailored to you
Updated renewal process for 2025 Your LAWPRO insurance will not automatically renew for 2025 but our aim for the new “simplified renewal” process is to gather the necessary underwriting details and keep it as fast and efficient as possible. To start, log in to your MyLAWPRO account and follow the renewal instructions. Why is there… Read More »
What should I do to avoid social engineering claims and prevent the associated sublimit?
1. Include written instructions in a retainer or other agreement for the receipt, release, and transfer of any funds or assets. 2. Advise in the written retainer or other agreement that the client or another party to which you owe a duty of care should not ordinarily expect to receive any revised instructions from you… Read More »
Lawyers in private practice, sole practitioners and lawyers in association or partnership in 2025
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 2025), 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 »
2025 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 »