LAWPRO Errors and Omissions Coverage
Danger Signs: Five activities generally not covered by your LAWPRO policy
On occasion, lawyers have engaged in activities that have made them front-page news, subject to embarrassment and possibly lawsuits or discipline complaints. Not only can this kind of attention be bad for a lawyer’s reputation, it can also damage or even destroy client relationships. That’s reason enough to be aware of and avoid activities that… Read More »
Categories: LAWPRO Errors and Omissions CoverageUnderstand how changing your practice status affects your insurance needs
A few of our most common questions about changes to practice status: I may be taking a leave of absence from my practice. Do I have to continue to purchase insurance coverage? If you are planning a temporary leave from practice, you may become exempt from the requirement to buy insurance. If you meet the… Read More »
Categories: LAWPRO Errors and Omissions CoverageDoes my LAWPRO insurance cover assumed risk?
There are different types of risks that can lead to claims against lawyers: those that develop from errors or omissions, those that arise through intentional wrongdoing, and those that lawyers willingly accept for themselves. A lawyer’s professional indemnity (E&O) policy is intended to respond to claims arising from a lawyer’s error, omission or negligent act… Read More »
Categories: LAWPRO Errors and Omissions Coverage“Not Your Mother’s Law Career”: The new student issue of LAWPRO Magazine
Regardless of their reasons for choosing a legal education, today’s young lawyers can expect that their experiences practising law will be different from depictions of the profession they witnessed growing up. The future of law is no longer your mother’s, father’s, or Hollywood lawyer’s practice. The 2017 student issue of LAWPRO Magazine explores what this… Read More »
Categories: The TitlePLUS Program & Title Insurance, Legal Technology, LAWPRO Errors and Omissions Coverage, Practice Aids, Career ManagementYour LAWPRO policy: Taking parental leave? You have options
Planning for parental leave might seem overwhelming when you are thinking about leaving your practice for an extended period, particularly if you’ve never taken leave before. You may have questions about the process of taking time off and how this will impact your professional liability insurance. Do I still pay premiums? What if someone steps… Read More »
Categories: LAWPRO Errors and Omissions CoverageWhat do Canadian homeowners know about title insurance?
Communities across Canada depend on local lawyers for reliable access to justice. These lawyers not only act on real estate deals, but also draft wills, incorporate companies, advise on family law situations and provide information and direction on dealing with complex legal issues. LAWPRO views the future of the real estate bar as a strategic,… Read More »
Categories: LAWPRO Errors and Omissions Coverage, The TitlePLUS Program & Title InsuranceLAWPRO key dates for 2017
Below are the important dates Ontario lawyers should be aware of with regards to their LAWPRO insurance coverage, such transaction levies, renewals and the LAWPRO risk management credit. Watch for additional reminders in your inbox as these dates get closer (and ensure LAWPRO is “whitelisted” in your email inbox settings. January 31, 2017 Real estate… Read More »
Categories: LAWPRO Errors and Omissions CoverageExcess coverage: Do or did I handle matters which potentially exposed me to a claim
The following are some of the questions you may want to ask yourself to help assess whether or not you should secure additional insurance coverage limits. When reviewing these questions and assessing your exposure, remember to factor in both potential defence costs and interest payments, as well as actual damages. Depending on how long it… Read More »
Categories: LAWPRO Errors and Omissions Coverage