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New Year’s resolutions for a healthier law practice and a new you
The start of a new year is a time for self-reflection and self-improvement. Many of you will think about making changes in your personal and work lives. But while you all have good intentions, it can be difficult to break old habits, especially when you are running hard on the treadmill of a busy life… Read More »
Categories: 2012 December Resolutions, Articles, Civil Litigation, Corporate Law, Criminal Law, Family, Features, Finances, Legal Technology, Marketing, Practice Tips, Real Estate, Time Management, Wellness, Wills & EstatesE&O and R&R: Insurance planning for retirement
When looking forward to your retirement it’s important to have an idea of what liabilities and activities from your practice will follow you. It’s false comfort to think that just because a claim wasn’t brought prior to retirement means one won’t appear in the future or that you can rely on the coverage that was… Read More »
Categories: 2012 December Resolutions, Articles, Errors & Omissions, LAWPRO policyHow the real estate bar entered the insurance business, or what happens when a lawyer is also an insurance intermediary
Many of us deal with licensed insurance agents or registered brokers every year to purchase coverage, whether life, auto or home policies. When someone in Ontario wishes to obtain title insurance, the real estate lawyer effectively functions as insurance intermediary (although not technically an agent or a broker). Lest anyone think there is anything improper… Read More »
Categories: 2012 December Resolutions, Insurance Business, Real Estate, Title insurance, TitlePLUSInsurance matters: Innocent party coverage
What is it? Innocent Party coverage protects you against the dishonest, fraudulent, criminal or malicious acts or omissions of present or former partners, associates, and employed lawyers in your firm. Is this coverage mandatory? Minimum level Innocent Party coverage (sublimit coverage of $250,000 per claim/ aggregate) is required for all partners practising in association, partnership… Read More »
Categories: 2012 December Resolutions, Articles, Errors & Omissions, LAWPRO policyInsurance matters: Temporary leave of absence
LAWPRO understands that there may be circumstances in which a lawyer may have to take some time away from the private practice of law due to illness, family issues or other circumstances. Lawyers who temporarily leave the practice of law and do not take any alternate employment may be eligible to apply for exemption from… Read More »
Categories: 2012 December Resolutions, Articles, Errors & Omissions, LAWPRO policyHow to untag yourself on Facebook (and why you might want to)
Have you ever been tagged in a picture or post on Facebook? If you have a Facebook account, the answer to this question is likely yes. And don’t feel comforted if you aren’t on Facebook: Anyone can be tagged in a photo, even someone who doesn’t have a Facebook account. Given the nature of Facebook,… Read More »
Categories: 2012 December Resolutions, Articles, Legal Technology, Privacy, Tech TipsWhy you don’t (but should) think about Excess insurance
If you are relying on only the coverage offered under LAWPRO’s mandatory insurance program to satisfy claims that may be made against you, you may be at financial risk. The coverage limits under the mandatory program are $1 million per claim and $2 million in the aggregate. The cost of resolving claims is growing every… Read More »
Categories: 2012 October - Insurance Issue 2013, Articles, Excess, Excess insuranceDiversify without dabbling: Before expanding your practice, expand your competence
Think you have the confidence to bluff your way through a file that’s outside your normal scope of practice? It might work if you were playing a lawyer on TV… but that’s only because your opponent (and the judge, if it’s a litigation file) would be actors, too. In the real world, trying to “fake… Read More »
Categories: 2012 August Checklists, Articles, Dabbling, Failure to Know The Law, Legal Careers, Practice TipsAvoiding claims while serving clients on a budget
In today’s difficult economic environment, it’s not unusual for lawyers to find themselves dealing with requests for representation from clients of limited means, or clients who want to keep their legal fees at a minimum. The economic issues these types of requests raise is but one consideration: Access to justice – which has become a… Read More »
Categories: 2012 August Checklists, Access to Justice, Articles, Communications Errors, Limited scope retainer/unbundling, Practice TipsVicarious directors’ liability?!?!
Everyone knows and accepts that legal partnerships are vicariously liable for the acts and omissions of their partners and employees in the course of the law firm’s business. Most law firms carry on their practices on the basis that their business is the practice of law. Some legal partnerships allow or even encourage their employees… Read More »
Categories: 2012 August Checklists, Articles, Errors & Omissions, Firm Management, LAWPRO policy