The PracticePRO program provides risk management, claims prevention and law practice management information to Ontario lawyers. Our resources, precedents and checklists will help you take proactive steps to avoid a legal malpractice claim, and show you how to grow a successful and thriving law practice.
A new fraud scheme involving insurance settlement funds has a familiar end: the cheque is no good. The scheme commences when fraudster approaches a lawyer, usually with no previous relationship, asking the lawyer to review settlement documents, provide ILA, and receive the settlement funds into the lawyer’s trust account. To make the fraud attempt more… Read More »
Categories: Fraud, Online OnlyQuick Summary: Introduction of first-party cyber coverage Risk-rated increase to transaction levies Base premium increase from $3,250 to $3,550 Decrease in the Part-Time Practice Discount New cyber coverage An enhancement to the 2027 program is the introduction of first-party cyber coverage. This coverage is intended to provide lawyers with access to financial protection following cyber… Read More »
Categories: 2026 October Insurance 2027Base premium increase In developing the 2027 program, LAWPRO considered sustained increases in claims frequency and costs, the evolving cyber risk environment, and the need to maintain long-term financial sustainability, while also preserving affordability for the profession. The chart below shows the consistent growth in claims over the long term. Program changes, including the premium… Read More »
Categories: 2026 October Insurance 2027The prevalence of cyber risks is underscored by multiple successful cyberattacks on Ontario law firms over the last several months that resulted in unauthorized withdrawals of several million dollars. Many of these frauds could have been easily prevented. Active frauds can be stopped if lawyers and law firm staff recognize the red flags of a… Read More »
Categories: 2026 October Insurance 2027Insurance coverage provided The base program Eligibility: Required of all lawyers¹ providing services in private practice. Standard insurance coverage limit: $1 million per claim/$2 million in the aggregate (i.e., for all claims made in one year), applicable to claim expenses and/ or indemnity payments (some exceptions apply). Standard deductible: $5,000 per claim, applicable to claim… Read More »
Categories: 2026 October Insurance 2027Land 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.
