Topics
What do title insurers expect from lawyers?
Still relatively new in Canada, title insurance is not fully understood by many consumers. Even certain less-sophisticated lenders lack detailed knowledge of the product. The responsibility for explaining title insurance to those who purchase it – and for supporting insureds in obtaining coverage that suits their needs – falls squarely on lawyers’ shoulders. Lawyers are… Read More »
Categories: Areas of Law, Articles, Communications Errors, Content Type, Inadequate Investigation, Real Estate, Title insurance, TopicsExcess coverage protects growing real estate practices
Is your real estate practice growing? That’s a good thing. But keep in mind that your risk exposure may be growing along with it. A hot market can mean a higher transaction volume, unconditional offers, and shorter closing times. All of these factors place pressure on lawyers, and can increase the chance of an error… Read More »
Categories: Areas of Law, Articles, Content Type, Excess insurance, Real EstateFive ways to boost your chances of a successful repair
What’s a repair? In some cases, LAWPRO counsel can help an insured lawyer head off a lawsuit by “repairing” an error (e.g., by assisting with a motion to reinstate a dismissed action to the trial list) or take steps that substantially reduce the losses that an error might lead to. While not all errors are… Read More »
Categories: 2015 May - Review of 2014, Articles, LAWPRO policy, Year in ReviewIncreased run-off insurance: A critical issue often overlooked in lawyers’ estate planning
When a lawyer passes away while still in active private practice, LAWPRO’s run-off coverage kicks in. While standard run-off may be enough coverage for lawyers who have been retired for several years (since potential claims will have had time to develop), it may not be sufficient for a lawyer who was practising full-time at the… Read More »
Categories: Articles, Content Type, Firm Management, LAWPRO policy, Succession PlanningStudent to lawyer: 20 Tips for a smooth transition from student to lawyer
There isn’t a magic formula for mapping out a career in law. You will make some decisions on where you would like to go, but there are many things outside your control which will impact where you end up. Factors such as economic conditions, personal circumstances, and even a bit of luck will affect the… Read More »
Categories: 2015 Student Issue 3, Articles, Law students/new lawyers, Legal Careers, StudentIs this the job you want? How to find the right fit – and then sell yourself in the interview (2015)
On the face of it, interviewing should not be all that difficult – particularly for lawyers. As members of a profession who primarily make their living either writing or speaking, the idea that having a conversation about your interests and abilities in your own profession sounds both logical and easy. But throw the words “job… Read More »
Categories: 2015 Student Issue 3, Articles, Law students/new lawyers, Legal Careers, New Lawyer Issue, StudentWhat new lawyers need to know about LAWPRO’s mandatory professional liability insurance
These FAQs answer some of the more common questions we hear from newly-called lawyers. The answers will help you determine if you need insurance coverage (or whether you’re exempt) and the steps you need to take to get your LawPRO insurance coverage in place. What is professional liability insurance? Professional liability insurance is designed to… Read More »
Categories: 2015 Student Issue 3, Articles, Errors & Omissions, Law students/new lawyers, LAWPRO policy, StudentWhat I wish I knew in law school
Law school can be a steep learning curve, and stepping into the world of practice can seem even more daunting. One of the most common complaints I hear from recent graduates is that they feel under-prepared to deal with the day-to-day realities of practice that they are confronting as articling students or recent calls. While… Read More »
Categories: 2015 Student Issue 3, Articles, Law students/new lawyers, StudentEssential LinkedIn dos and don’ts for law students
With over 120 million users in more than 200 countries (including at least a million lawyers) and web traffic that ranks it as the 13th most visited site on the planet, LinkedIn is the social networking tool of choice for professionals. LinkedIn can also be useful to law students in a number of ways. First,… Read More »
Categories: 2015 Student Issue 3, Articles, Law students/new lawyers, Legal Technology, Social Media, StudentFeeling the pressure?
Each of us faces challenges in life. Sometimes we welcome those challenges, like marriage, the birth of a child, a promotion or a new job. And sometimes we don’t, like divorce, job loss, a serious illness or the death of a loved one. It is no secret that a legal career brings with it many… Read More »
Categories: 2015 Student Issue 3, Articles, Law students/new lawyers, Student, Wellness, Wellness