What are lawyers to do when closing a transaction that involves iPro Realty Ltd? The regulator, Real Estate Council of Ontario (RECO), closed the brokerage, iPro Realty Ltd. (iPro), effective August 19, 2025. iPro had 17 offices and 2,400 agents. There was a regulator approved sale of iPro’s assets to a new brokerage, iCloud Realty… Read More »
Categories: Online Only, Real Estate
This program explores emerging risks and evolving responsibilities in real estate practice. Through practical examples, participants will learn about legislative changes around anti-money laundering, cybercrime threats, non-arm’s length title transfers, and transactions involving separating couples. The session will provide risk management strategies to help lawyers protect their clients and reduce exposure to claims. When: October 8,… Read More »
Categories: CPD
The client was buying a multi-million-dollar property, located geographically outside of the lawyer’s usual jurisdiction. Fully doable with province-wide Teraview access and today’s technology. The law office prepared the transfer and land transfer affidavit. The box indicating the transaction was subject to other taxes was checked. However, the lawyer practices in a jurisdiction where there… Read More »
Categories: Online Only, Real Estate
Working in IP law requires meticulous attention to detail and proactive management of deadlines, documentation, and communication. In Ontario, the average IP claim costs about $45,000, and some claims can arise as late as 14 years after the original work was performed. With around 45 claims reported to LAWPRO annually, it is vital for IP… Read More »
Categories: Intellectual Property, Online Only
Message from the Chair of the Board As we enter an uncertain and unpredictable economic and political environment, a secure and financially stable mandatory professional liability insurer is paramount for the Ontario bar and members of the public. As an independent insurance company that is scrutinized by the Financial Services Regulatory Authority, LAWPRO must meet… Read More »
Categories: 2025 April- Year in Review 2024
LAWPRO: A helping hand in a storm; a friend in rough waters Sometimes, the future can seem like a sea of uncertainty: a vast ocean of undulating risk and reward stretching to the horizon. Recent years have shown just how rocky these waters can be—pandemic lockdowns, worldwide inflation, and the economic threat of trade disputes… Read More »
Categories: 2025 April- Year in Review 2024
When LAWPRO is quickly alerted to potential claims, we can often rectify the problem, and prevent loss and further lawsuits from arising. Our counsel know how to best address issues such as rectification of wills, restoration of lawsuits to the trial list, extension of notice periods, and other repairable matters. Here are a few examples… Read More »
Categories: 2025 April- Year in Review 2024
Despite attempts to resolve claims without litigation, sometimes court is inevitable. Every year, LAWPRO steps in to defend licensees from unwarranted lawsuits and accusations. Here are a few examples of defences successfully advanced by LAWPRO in 2024 on behalf of insureds. Real estate – Allegations against lawyers for mortgagees by the mortgagors Lawyers hold a… Read More »
Categories: 2025 April- Year in Review 2024
Corporate Social Responsibility at LAWPRO is informed by a spirit of community and accountability, while acknowledging that we are governed and profoundly shaped by our unique role as the provider of the primary professional liability insurance program for all lawyers in Ontario. Supporting our future legal community LAWPRO’s efforts and activities to support law students… Read More »
Categories: 2025 April- Year in Review 2024
LAWPRO’s PracticePRO program provides risk management, claims prevention and law practice management information for lawyers in Ontario and beyond. Our resources, precedents and checklists help lawyers take proactive steps to avoid errors and omissions claims, and help grow successful and thriving practices. In 2024, practicePRO developed new CPDs, charts, and checklists to address the issues… Read More »
Categories: 2025 April- Year in Review 2024Land Acknowledgement
The offices of LAWPRO are located on the traditional territory of many nations including the Mississaugas of the Credit, Anishnabeg, Chippewa, Haudenosaunee and Wendat peoples. Toronto is covered by Treaty 13 with the Mississaugas of the Credit. LAWPRO respects and acknowledges the histories, languages, knowledge systems, and cultures of First Nations, Metis, and Inuit nations.
