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Commercial title insurance: What you need to know

by LAWPRO

Woman looking at her phone

A discussion regarding title insurance (or any insurance for that matter) requires the understanding that it is insurance. It does not fix problems, it underwrites risks. As lawyers, it is incumbent upon us to be able to convey this clearly to our clients, whether lenders or more likely borrowers/purchasers. In the days of yore, the… Read More »

Categories: 2017 August Managing Change, Areas of Law, Articles, Content Type, Insurance Business, Real Estate, Title insurance

practicePRO.ca: Time for a new look

by LAWPRO

new and improved

It’s been nearly 20 years since the launch of the original practicePRO.ca website. While the site was basic by today’s standards, it offered the high quality risk management articles, checklists and precedents lawyers would come to expect from the program. In its first few years, practicePRO.ca averaged 30,000 visitors and 7,000 downloads per year. By… Read More »

Categories: 2017 August Managing Change, Articles, Content Type, Social Media

Don’t let claims follow you into retirement

by LAWPRO

Lawyers often approach retirement feeling good about their legacy. Whether you devoted your efforts to crafting airtight contracts, supported clients as they worked toward mediated settlements, or stood up for the rights of those who needed you, you’re entitled to feel proud of your accomplishments. Looking back, however, may heighten your awareness of just how… Read More »

Categories: 2017 August Managing Change, Articles, Content Type, Errors & Omissions, LAWPRO Magazine, LAWPRO policy, Legal Careers

“I will be out of the office…forever” and I don’t want to deal with claims

by LAWPRO

Are you thinking of changing careers or law firms, selling the practice, or retiring? As other articles in this issue have highlighted, even after you retire, malpractice claims can engage your LawPRO E&O run-off coverage. Real estate lawyers should consider TitlePLUS title insurance since claims covered under the Legal Service Coverage¹ in a TitlePLUS policy… Read More »

Categories: 2017 August Managing Change, Articles, Real Estate, Title insurance, TitlePLUS

The mysterious magic of routines

by LAWPRO

magician hat

As a child, did you step carefully over every sidewalk crack? Tap each post of the hockey net before settling into the crease? Wear your lucky socks to every law school exam? Even those of us who scorn superstition rely on routines and rituals for our own protection: we swallow a daily multivitamin, fasten our… Read More »

Categories: 2017 August Managing Change, Articles, Communications Errors, Content Type, LAWPRO Magazine, LAWPRO Magazine Article Type, Practice Tips, Topics

Outsourcing your law firm’s cybersecurity

by LAWPRO

man in suit touching padlock in cloud

According to a survey¹ of UK law firms, a quarter of them have been the victims of cyberattacks, as have almost a third of US firms according to the ABA Legal Technology Survey Report. While there has not been a similar survey done of Canadian firms, the numbers are probably similar. And the high-publicity hacks… Read More »

Categories: 2017 August Managing Change, Articles, Cyber dangers, Firm Management, Legal Technology, Tech Tips

Retirement, identity, and mental health: It’s an adjustment

by LAWPRO

older couple having coffee

Lawyers often pay lip service to looking forward to retirement. However, when pressed on the subject, many admit that their true feelings are mixed. Those who equivocate may have good reason: for many professionals, the adjustment to retirement can be psychologically challenging. A 2013 study¹ showed that retirement increased the risk of clinical depression in… Read More »

Categories: 2017 August Managing Change, Articles, Content Type, LAWPRO Magazine, LAWPRO Magazine Article Type, Legal Careers, Succession Planning, Topics, Wellness, Wellness

Book review – The Lawyer’s Guide to Succession Planning

by LAWPRO

cover of Lawyers Guide to Succession Planning

No one likes to think about getting older, and lawyers may tend to put off thinking about the day they have to retire from the profession they love and the firms they have spent a lifetime building. However, the fact is that there is a wave of Boomers hitting retirement age (90 million in North… Read More »

Categories: 2017 August Managing Change, Articles, Book Review, Content Type, Firm Management, Legal Careers, Solo and Small Firm, Succession Planning

Successful Lawyer: Powerful Strategies for Transforming Your Practice

by LAWPRO

Gerald A. Riskin, published 2005 (available as 256 page book or 6 audio CDs, 330 mins) Global management consultant and trusted advisor to many of the world’s largest law firms, Gerry Riskin goes beyond simple concept or theory and delivers a book packed with practical advice that you can implement right away. By using the… Read More »

Categories: Book, Firm Management, Legal Careers, Solo and Small Firm

How to Start and Build a Law Practice Platinum 5th Edition

by LAWPRO

Jay G. Foonberg, published 2004, 704 pages This classic ABA bestseller has been used by tens of thousands of lawyers as the comprehensive guide to planning, launching, and growing a successful practice. It’s packed with over 600 pages of guidance on identifying the right location, finding clients, setting fees, managing your office, maintaining an ethical… Read More »

Categories: Book, Finances, Firm Management, Legal Careers, Marketing, Solo and Small Firm

Land 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.

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