Category: LAWPRO Magazine
The 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, WellnessClient portals improve information security and client service
What is a client portal? Wikipedia defines the term client portal as “an electronic gateway to a collection of digital files, services, and information, accessible over the Internet through a web browser. the term is most often applied to a sharing mechanism between an organization and its clients.” Why is it important for lawyers to… Read More »
Categories: 2024 March - The Confidence Client, Articles, Firm Management, Legal Careers, Legal TechnologyTitle insurance matters: ‘One of these things is not like the other’
You may recall the title as a lyric from a song in a popular kids show many years ago, reinforcing the benefits of being aware and noticing differences. This same lesson applies when comparing the legal protection coverages offered by other title insurers that compete with the Legal Service Coverage that’s included in TitlePLUS policies…. Read More »
Categories: 2024 March - The Confidence Client, Articles, Real Estate, Title insurance, TitlePLUSYour 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 »
Categories: 2023 October - Insurance Issue 2024Lawyers 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 »
Categories: 2023 October - Insurance Issue 20242024 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 »
Categories: 2023 October - Insurance Issue 2024Life after graduation: An article about articles
To be a lawyer is to be accustomed to words. Files, contracts, factums, letters, memos, dictation, transcripts, dockets, emails, pleadings. Words. Some words seldom seen or used outside the parlance of the profession. A new lawyer isn’t simply licensed, they’re called. At which point they will hopefully not be hired by a client, but retained…. Read More »
Categories: New Lawyer IssueMaking technology work for you, and not the other way around
Our watch can track our heartbeat when we exercise; our fridge can order a dozen eggs when we’re running low; our cars can drive for us (or at least tell us when we drift out of our lanes); and our phone can recognize our face when we look at it. Every facet of our lives… Read More »
Categories: Legal Technology, New Lawyer Issue