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Category: Insurance & Risk Management

Loss Prevention Tip #21

Loss Prevention Tip #21: Banking Issues Law societies across Canada have noticed an uptick in banking fraud activities as a result of more relaxed banking methods. With mobile banking, for example, a cheque deposited by photograph or scan remains physically in the hands of the depositor who can then go to a bank and deposit...

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Loss Prevention Tip #20

Loss Prevention Tip #20 How to Handle Fraudulent Scams In recent months, our members have been targeted (and almost caught) in the following two types of fraudulent scams. Equipment/Inventory Purchase Fraud: In equipment/inventory purchase fraud scams, a lawyer is retained to act on the purchase of a large piece of commercial equipment. The fraudster will...

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Loss Prevention Tip #19

Loss Prevention Tip #19: Avoiding Conflict of Interest Claims There are three typical scenarios that lead to conflicts claims: failure to screen for conflicts; failure to recognize conflicts despite screening; and fooling oneself into acting, despite a conflict. All three scenarios have the same potential to lead to a claim against the lawyer. To avoid...

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Expressions of Interest – CLIA Board

We are seeking expressions of interest to fill two (2) vacancies on the Canadian Lawyers Insurance Association (CLIA) Board. Interested parties do not have to be lawyers but should have some, if not all, of the skills identified in the Skills Matrix, attached. Members are encouraged to forward this information to anyone they feel might...

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Loss Prevention Tip #18: Holding Law Firm Data for Ransom

Ransomware attacks continue to affect many lawyers across the country. Ransomware attacks are a form of “digital blackmail” that: “…will systematically scramble the files on the victim’s computer, locking them with a digital key to which only the criminal has access. Victims are then unable to read the files, which could potentially cripple a business,...

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