Changes in Practice Status
I may be taking a leave of absence from my practice. Do I have to continue to purchase the practice coverage under the primary LSO program?
I am currently a SOLE PRACTITIONER but will be setting up a partnership with another LAWYER (also a SOLE PRACTITIONER). What do I need to do to let LAWPRO know and what effect does that have on my practice coverage under the primary LSO program?
I have recently left a LAW FIRM to work as a SOLE PRACTITIONER. Does LAWPRO automatically cancel the practice coverage I had while with my former LAW FIRM? If so, what do I do to get my practice coverage reinstated?
We recommend that judges consider applying for additional Run-Off limit protection beyond this standard Run-Off Coverage. Additional Run-Off Coverage limits of $500,000 per CLAIM/$500,000 in the aggregate, and $1 million per CLAIM/$2 million in the aggregate, are available. For further details, refer to the “Insurance Matters for Retired Lawyers” booklet which provides more detail regarding the Run-Off coverage, as well as answers some of the questions you may have when assessing what exposures may arise out of your past practice.
If you wish to be provided with a no-obligation estimate, please complete and submit an Application to Increase Run-Off Coverage.
Ontario LAWYERS who return to practice must complete an Application for Insurance – New Applicants form. The applicant must include an effective date, the area(s) of practice, premium payment information/authorization, as well as other pertinent information requested on the Application Form.
I’ve advised the Law Society in writing of my upcoming change in status. Do I need to let LAWPRO know as well?
LAWPRO and the LSO maintain completely separate information databases and, in keeping with their respective mandates, generally do not share information that LAWYERS may consider confidential or proprietary.