When closing a real estate deal, there is limited time to address numerous legal and practical issues. Just getting a transaction across the finish line can often seem like a feat worthy of celebration. But getting past closing doesn’t bring closure if title errors are discovered after the fact. And even small errors can create… Read More »
Categories: Real Estate, Webzine
By Dan Pinnington, President & CEO of LAWPRO. My first year as CEO has flown by. It seems like just yesterday that I was writing remarks as the incoming President & CEO for the 2017 Year in Review issue of LAWPRO Magazine. I believe it was a successful year of transition, for both me and… Read More »
Categories: 2019 May - 2018 Year in review, Articles, Editorials
Net premiums: $107.5 million We kept our base premium unchanged this year, and that consistency is reflected in 2018’s net earned premiums of $107.5 million being only slightly below last year’s result. Since the number of practising lawyer full-time-equivalents (FTEs) is a solid 27,323, which is slightly higher than expected, the small reduction in net… Read More »
Categories: 2019 May - 2018 Year in review, Articles, Year in Review
When it comes to long-term trends in the quantity and causes of malpractice claims, slow and steady are positive descriptors. While many things in the legal profession could stand to move at a faster pace, predictable changes to potential risks allow LAWPRO to adequately plan for future costs and outlays by balancing them against premiums,… Read More »
Categories: 2019 May - 2018 Year in review, Articles, Errors & Omissions, Year in Review
LAWPRO’s Underwriting & Customer Service department supports the primary program at LAWPRO, just like a sales department and customer help-line in a typical insurance company. A new record is established soon after a lawyer is called to the Ontario bar, and existing records are adjusted as lawyers move their practice, or move out of private… Read More »
Categories: 2019 May - 2018 Year in review, Articles, Year in Review
Most potential claims don’t result in litigation or settlement. The timely reporting of practice errors allows our counsel to step in and help lawyers take steps to rectify errors and prevent losses. LAWPRO counsel have substantial knowledge and experience in areas commonly associated with repairable practice errors, such as potentially missed limitation periods, administrative dismissals,… Read More »
Categories: 2019 May - 2018 Year in review, Articles, Casebook, Year in Review
Sometimes a client’s accusations can’t be resolved without litigation. When a licensee has a viable defence to malpractice accusations, and the claim cannot be resolved out of court, LAWPRO steps in to provide lawyers with an effective legal defence. LAWPRO’s claims management philosophy is aimed at quick resolutions in situations where there is liability, defend… Read More »
Categories: 2019 May - 2018 Year in review, Articles, Casebook
With better clarity and ease of use being the focus of the program, 2018 saw a year of improvements to better meet the needs of our subscribers and their clients. We streamlined underwriting requirements for mortgage transactions so you can offer better options to your clients, and increased automated underwriting limits for commercial properties saving… Read More »
Categories: 2019 May - 2018 Year in review, Articles, TitlePLUS, Year in Review
Over the years, our corporate social responsibility (CSR) program has intrinsically become a part of LAWPRO’s culture and identity. Here are highlights of our contributions to the profession, charity and employee wellness in 2018. Fostering the legal profession LAWPRO continued its efforts to reach students and new lawyers by participating at the Toronto Lawyers Association… Read More »
Categories: 2019 May - 2018 Year in review, Articles, Content Type, LAWPRO Magazine Article Type, Year in Review
As a lawyer, you may have a good understanding of where to find historical legal documents, cases, or precedents, but what about advisers, or mentors, or counsellors? Starting a legal career can be an isolating experience, with many new lawyers spending time working alone while drafting documents or doing research. That’s why it usually takes… Read More »
Categories: Articles, Mentoring, New Lawyer IssueLand 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.
