As of January 3, 2019, actions arising from acts or omissions that occurred prior to January 1, 2004, are statute barred by virtue of s. 15 of the Limitations Act, 2002, even if these errors were not discoverable before January 1, 2019. There will be very few exceptions. We strongly suggest that you review your… Read More »
Categories: Civil Litigation, Limitations Claims
On several occasions in the past, fraudsters have struck just before the holidays – a time when law firms are short-staffed and banks are closed. This creates circumstances that give the fraudsters a better chance of duping the lawyer and getting away before the fraud is discovered. Please be extra vigilant as we approach the… Read More »
Categories: Fraud Prevention, LAWPRO Errors and Omissions Coverage
Bulletin 2018-04 states that effective December 10, 2018, pre-approvals, PIN corrections and overrides are no longer to be requested via [email protected], but rather in the OnLand portal at OnLand.ca. Users must go to the OnLand portal at https://www.onland.ca where they will find “request forms” under the “support” and then “contact us” drop down menu. They… Read More »
Categories: Real Estate, Areas of Law
Every day, millions of Canadians electronically transfer funds among themselves, using their bank or other financial institutions as an intermediary. Conveniences like Interac debit purchases, online e-transfers, or wire transfers give the perception of near instantaneous transactions. However, even though our financial system operates on the assumption that these payment systems are instantaneous, often no… Read More »
Categories: Law Practice Management
The U.S. Federal Trade Commission has just released cybersecurity resources for small business. They were developed after the FTC hosted roundtables to ask business owners what they needed to deal with the threat of cybercrime. While not specifically aimed at law firms, the cyber issues and dangers they face are often the same as any… Read More »
Categories: Fraud Prevention, Technology
Fraudsters are continuing to successfully dupe lawyers and law clerks using ID impersonations, property flips, value fraud, phishing scams, and more. Real estate frauds can be simple scenarios or sophisticated ones. The matters look legitimate and the fraudsters are convincing. There may even be two or more people collaborating on both sides of a transaction… Read More »
Categories: Real Estate, Fraud Prevention
As recreational marijuana makes its way onto Ontario store shelves, lawyers are gearing up for the new market. From producers to retailers, and everything in between – retail stores, physicians, banks, transportation companies, accountants, you name it – clients will come from all segments of industry. Here we take a look at some of the… Read More »
Categories: Uncategorized, Communication Errors, Risk Management Strategies, Law Practice Management, Risk Management & Claims Prevention
LAWPRO is aware of the Re Milne Estate decision and we confirm that it has been appealed. We expect the appeal won’t be heard for several months. We hope the appeal decision brings clarity to how primary and secondary wills should be drafted. Lawyers that have drafted wills that may be impacted by this decision… Read More »
Categories: Announcements, Wills & Estates, Risk Management Strategies, LAWPRO Errors and Omissions Coverage, Risk Management & Claims Prevention