News / Upcoming Events
DEADLINE IS TOMORROW! Pay your 2010 premiums on or before February 9, 2010 and save $50 per lawyer (some conditions apply)
You can choose to pay your 2010 premium for your professional liability insurance in a lump sum, or by quarterly or monthly instalments. But only lump sum payments, made by cheque or pre-authorized bank account withdrawals, qualify you for the $50 per lawyer lump sum payment discount.
To benefit from the lump sum payment discount ($54 per insured lawyer from the invoiced amount – $50 for the discount and $4 for PST), you must pay the premium indicated on your invoice in full by cheque, dated and received by LAWPRO on or before February 9, 2010. Please note that paying in a lump sum by credit card does NOT qualify for the lump sum payment discount.
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LAWPRO Director awarded Ontario’s highest honour
Constance Backhouse, a member of LAWPRO’s Board of Directors, has been named to the Order of Ontario.
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practicePRO blog wins CLawBie award
practicePRO’s AvoidAClaim blog has been recognized with a
2009 Canadian Law Blog Award ("CLawBie"). AvoidAClaim tied with
Thoughtful Legal Management authored by David Bilinsky in the
practice management category.
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Change to title insurers’ release and indemnity agreement with real estate lawyers
Real estate lawyers should take note of a change in the form of release and indemnity agreement provided by title insurers for transactions completed on or after January 1, 2010, so that no real estate transaction levy applies to a specific transaction.
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The facts about LAWPRO's overdraft protection
You may have read some confusing articles regarding LAWPRO's overdraft protection - don't be misled.
The following articles will help clarify the coverage for you.
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Real estate levies increase to $65
Surcharge amount depends on file opening date: Real estate transactions on which files are opened on or after January 1, 2010, will be subject to a $65 real estate transaction levy surcharge. Transactions for which files were opened prior to January 1, 2010, but which close later in 2010 will be subject to the $50 surcharge in effect when the file was opened. Civil litigation transaction levies will remain at $50.
For more, click here and scroll down to page 27.
The rationale for increasing real estate levies
Why are there real estate claims in a world of title insurance? And why are real estate claims costs rising? The answers help explain why LAWPRO’s real estate transaction levy will increase to $65 on January 1, 2010.
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New email address for submitting your transaction levies – levies@lawpro.ca
You asked for it and we listened. You can now submit your transaction levies to the shorter, more convenient email address levies@lawpro.ca.
Our old email address – transaction-levies@lawpro.ca – will continue to exist for the time being.