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Category: Insurance & Risk Management

Loss Prevention Tip #46

Four Tips for Curing the Common Claim 1. Document your client’s decision not to pursue viable causes of action for ‘personal’ reasons. What if your client tells you not to name as a defendant the company his wife works for, but then gets a divorce? Will you be able to prove that he instructed you...

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Loss Prevention Tip #45: Think Before you Click!

We know of a few law firms that recently had their entire computer system infected with ransomware where they were blocked from accessing their computers, client lists, emails, financial information and other digital files until they paid a ransom in Bitcoin. The cause of the breach was likely a lawyer or employee clicking on a...

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Risk Assessment Visits Available to All Members

The purpose of the Risk Assessment Visit is to offer firms, especially solo and small firms (2-5 members) a free, confidential service to assist in identifying areas of risk that have potential to result in claims under the Lawyers’ Insurance Programme. The Visit is designed to be a constructive, friendly, confidential meeting that can identify and remediate...

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LIFE LINES – AUGUST 2021

On behalf of your Professional Assistance Program (PAP) provider, Homewood Health is pleased to provide the following newsletter  “My Wellness” (August, 2021). In this article you will find information about how important and necessary it is to focus on yourself and what you can do to achieve better overall wellness, mentally, physically and socially. If...

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MESSAGE FROM THE CANADIAN LAWYERS INSURANCE ASSOCIATION ON VOLUNTARY EXCESS PROFESSIONAL LIABILITY INSURANCE

The Law Society of Newfoundland and Labrador is a subscribing member of the Canadian Lawyers Insurance Association (CLIA) a reciprocal insurance exchange established in 1988. CLIA provides a long-term professional liability insurance solution for the legal profession in Canada. Through CLIA, each practising insured lawyer has mandatory Errors and Omissions insurance with a limit of...

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Report Insurance Claims Now

The deadline to report any insurance claims is June 30, 2021. The current professional liability insurance policy for practicing members expires on June 30, 2021. This means that before June 30, you must report any potential problems that you know about now which might possibly, at some point in the future, give rise to an...

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Life Lines – April 2021

“Pandemic life has illuminated the need to focus on improving wellness.” On behalf of your Professional Assistance Program (PAP) provider, Homewood Health is pleased to provide the following newsletter “My Wellness” (April, 2021). In this article you will find information about how important and necessary it is to focus on yourself and what you can...

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