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The Lean Law Firm: Run Your Firm Like the World’s Most Efficient and Profitable Business
It’s a difficult world for law firms these days. Client demands, increased competition, and the distractions of technology can put pressure on any business. Law firms who try to respond with “traditional” firm management are perhaps more susceptible than any other business to falling victim to the chaos. But fortunately, there’s a solution. And it’s… Read More »
Categories: Book, Content Type, Firm Management, TopicsRemaking Law Firms: Why and How
The traditional law-firm business model has delivered technically excellent service at seemingly whatever cost. But the times have changed, with the global financial crisis only accelerating the price-down pressures, commoditization, and client demand for efficient, business-relevant services. To respond, law firms will have to go beyond cutting costs while preserving the general way they win… Read More »
Categories: Book, Content Type, Finances, Firm Management, Future of law, TopicsLiability insurance for lawyer/directors of charities or non-profits
Serving as a director of a charitable or not-for-profit corporation can be a rewarding but potentially risky experience. A director can be held personally liable for his or her own actions or failures to act, as well as jointly and severally liable with the other members of the board of directors. Directors with specialized knowledge… Read More »
Categories: Articles, Content Type, LAWPRO policy, TopicsTo (mortgage) broker or not: That is the question
Case A: Lawyer M receives a call from a client who is looking for someone who will advance monies on the security of a mortgage. The lawyer gives the client the name, address and phone of a person who, lawyer M believes, does on occasion lend money on the security of a mortgage. Later, the… Read More »
Categories: Areas of Law, LAWPRO policy, Real Estate2017 Annual Review: Coverage
Lowered premium proves successful; maintained for another year For the 2017 professional indemnity insurance renewal, LAWPRO introduced a $2,950 base premium, a $400 reduction from the year prior. Despite the lower premium, the company was able to meet its claims obligations on a roughly “break-even” basis – an approach made possible by the achievement of… Read More »
Categories: 2018 May Year in Review 2017, Articles, Content Type, LAWPRO Magazine, LAWPRO Magazine Article Type, LAWPRO policy, Year in ReviewThe Secrets To Marketing & Automating Your Law Practice
By David M. Bitton. Published 2018 In this definitive guide to starting, marketing and growing your law firm, you’ll receive key insights from leading experts in the legal industry today. Inside you’ll discover 11 steps to launch a successful law firm, how to get website leads on autopilot, online advertising secrets from the pros, how… Read More »
Categories: Book, Content Type, Firm Management, Future of law, Legal Technology, Marketing, TopicsRule 48: Set your matter down for trial
Under Rule 48, registrars will dismiss five-year-old actions that have not been set down for trial without notice. The best strategy to pre-empt last minute catastrophes is to move files along in a timely manner and to set the matter down well within the five-year time limit. The longer a file drags on, the more… Read More »
Categories: Admin dismissals/Rule 48, Areas of Law, Civil Litigation, Malpractice Errors, TopicsAfter the event (ATE) insurance: what you need to know
After the event (ATE) insurance (a type of legal expense insurance) can help lessen the financial blow of a lost case for both the client and lawyer. Generally, the insurer will pay some amount of costs, fees, and/or disbursements should the client’s case lose. It is important to understand the specific policies and contracts involved… Read More »
Categories: Areas of Law, Civil Litigation, Communications Errors, Conflicts of Interest, Malpractice Errors, TopicsWhat new lawyers need to know about LAWPRO’s mandatory professional liability insurance (2018 edition)
These FAQs answer some of the more common questions we hear from newly-called lawyers. The answers will help you determine if you need insurance coverage (or whether you’re exempt) and the steps you need to take to get your LAWPRO insurance coverage in place. What is professional liability insurance? Professional liability insurance is designed to… Read More »
Categories: 2018 Student Issue 6, Articles, Content Type, LAWPRO Magazine, LAWPRO Magazine Article Type, LAWPRO policy, Student, TopicsLAWPRO is not like your auto insurer (2018 student edition)
In my more than 20 years of defending lawyers on malpractice claims, I continue to be amazed at how little some lawyers seem to know about the “LAWPRO policy” and how a claim is handled. I am also frustrated by how often lawyers have not done even the simplest things that could help them avoid… Read More »
Categories: 2018 Student Issue 6, Articles, Content Type, Errors & Omissions, LAWPRO Magazine Article Type, LAWPRO policy, Student, Topics