A presentation for the students in the University of Toronto's Internationally Trained Lawyers Program. The topics covered include information on LAWPRO and the LAWPRO policy; common malpractice claims and how to avoid them; how to make the student-lawyer transition; and how to start and build a thriving law practice
An informative presentation outlining the steps for Canada's Anti-Spam Legislation (CASL) compliance, the consequences of violation, and clarifying issues surrounding consent requirements – including exceptions to the rules.
National Carriers drivers joining this fleet will be afforded the same driving area options as are available to our owner operators, as well as a great pay package and great benefits! For details visit at www.nationalcarriers.com
An informative presentation outlining the steps for Canada's Anti-Spam Legislation (CASL) compliance, the consequences of violation, and clarifying issues surrounding consent requirements – including exceptions to the rules.
National Carriers drivers joining this fleet will be afforded the same driving area options as are available to our owner operators, as well as a great pay package and great benefits! For details visit at www.nationalcarriers.com
Helen Kelly, Head of the EU Competition and Regulatory Group and Simon Shinkwin, Solicitor in the EU Competition and Regulatory Group co-author the Ireland chapter of Getting the Deal Through: Telecoms and Media 2018.
Getting The Deal Through: Anti-Corruption Regulation 2018Matheson Law Firm
Claire McLoughlin and Karen Reynolds, partners in the Commercial Litigation and Dispute Resolution Department and co-heads of the Regulatory and Investigations Group, and Declan Sheehan, associate in the Commercial Litigation and Dispute Resolution Department co-wrote the Ireland chapter for Getting The Deal Through: Anti-Corruption Regulation 2018.
A slide share outlining the risk that a company or individual can be exposed to for inaccurate and non compliant mileage expenses. We point out the risk, where it is hiding, what it might cost you and how to prevent it.
The Workforce Central Business Connection’s 2010 Survey on Pre-Employment Drug
Screening was conducted in June, 2010.
Pierce County companies that currently use The Business Connection’s recruiting,
testing, and training services, and additional area employers, were invited to complete
the web-based survey.
Startup Law 101 How to Avoid Legal Pitfalls that Could Doom Your Startup.pptxRoger Royse
A presentation of the legal issues that startups and their founders need to know and the common legal pitfalls that affect startup companies. Unlike more mature companies, startups typically do not have large legal budgets and in house legal counsel focused on legal compliance. Nevertheless, startups must be aware of and comply with law, especially with respect to the issues that are unique to startups.
The presentation covers those unique issues as well as the sometimes surprising and every evolving California rules. In particular, we summarize:
Corporate formation and choice of entity and law;
Securities laws;
Labor and employment and why virtually evert startup in California is probably out of compliance and what you can do about it;
Intellectual property strategies using patent, trademark and trade secret;
Protecting your business through agreements;
Protecting the founders from personal liability;
And more.
The speaker will draw on more than 30 years of startup experience in describing how to manage legal risk on a startup budget.
Startup Law 101:How to Avoid Legal Pitfalls that Could Doom Your Startupideatoipo
Presented 12/28/2023
Join us for a presentation of the legal issues that startups and their founders need to know and the common legal pitfalls that affect startup companies. Unlike more mature companies, startups typically do not have large legal budgets and in house legal counsel focused on legal compliance. Nevertheless, startups must be aware of and comply with law, especially with respect to the issues that are unique to startups.
The presentation will cover those unique issues as well as the sometimes surprising and every evolving California rules. In particular, we will summarize:
1. Corporate formation and choice of entity and law;
2. Securities laws;
3. Labor and employment and why virtually evert startup in California is probably out of compliance and what you can do about it;
4. Intellectual property strategies using patent, trademark and trade secret;
5. Protecting your business through agreements;
6. Protecting the founders from personal liability;
7. And more.
The speaker will draw on more than 30 years of startup experience in describing how to manage legal risk on a startup budget.
About the Speaker
Roger Royse is a partner in the Palo Alto office of Haynes and Boone, LLP and practices in the areas of corporate and securities law, tax, and mergers and acquisitions. He works with companies ranging from newly formed tech startups to publicly traded multinationals in a variety of industries. Roger is a Fellow of the American College of Tax Counsel and former chair of several committees of the American Bar Association Sections of Business Law and Taxation. Roger has been an instructor or professor of legal, tax and business topics for the Center for International Studies (Salzburg, Austria), Golden Gate University School of Law and Stanford Continuing Studies. Roger is a nationally recognized authority on agtech – the technology of food production - and the legal considerations for companies in this industry. Roger is also the author of 10,000 Startups: Legal Strategies for Startup Success and Dead on Arrival: How to Avoid the Legal Mistakes That Could Kill Your Startup and has been interviewed and quoted in the Wall Street Journal, Forbes, Fox Business, Chicago Tribune, Associated Press, Tax Notes, Inc. Magazine, Nikkei Asian Review, China Daily, San Francisco Chronicle, Reuters, The Recorder, 7X7, Business Insurance, ABA Journal, Thrive Global and Fast Company.
Helen Kelly, Head of the EU Competition and Regulatory Group and Simon Shinkwin, Solicitor in the EU Competition and Regulatory Group co-author the Ireland chapter of Getting the Deal Through: Telecoms and Media 2018.
Getting The Deal Through: Anti-Corruption Regulation 2018Matheson Law Firm
Claire McLoughlin and Karen Reynolds, partners in the Commercial Litigation and Dispute Resolution Department and co-heads of the Regulatory and Investigations Group, and Declan Sheehan, associate in the Commercial Litigation and Dispute Resolution Department co-wrote the Ireland chapter for Getting The Deal Through: Anti-Corruption Regulation 2018.
A slide share outlining the risk that a company or individual can be exposed to for inaccurate and non compliant mileage expenses. We point out the risk, where it is hiding, what it might cost you and how to prevent it.
The Workforce Central Business Connection’s 2010 Survey on Pre-Employment Drug
Screening was conducted in June, 2010.
Pierce County companies that currently use The Business Connection’s recruiting,
testing, and training services, and additional area employers, were invited to complete
the web-based survey.
Startup Law 101 How to Avoid Legal Pitfalls that Could Doom Your Startup.pptxRoger Royse
A presentation of the legal issues that startups and their founders need to know and the common legal pitfalls that affect startup companies. Unlike more mature companies, startups typically do not have large legal budgets and in house legal counsel focused on legal compliance. Nevertheless, startups must be aware of and comply with law, especially with respect to the issues that are unique to startups.
The presentation covers those unique issues as well as the sometimes surprising and every evolving California rules. In particular, we summarize:
Corporate formation and choice of entity and law;
Securities laws;
Labor and employment and why virtually evert startup in California is probably out of compliance and what you can do about it;
Intellectual property strategies using patent, trademark and trade secret;
Protecting your business through agreements;
Protecting the founders from personal liability;
And more.
The speaker will draw on more than 30 years of startup experience in describing how to manage legal risk on a startup budget.
Startup Law 101:How to Avoid Legal Pitfalls that Could Doom Your Startupideatoipo
Presented 12/28/2023
Join us for a presentation of the legal issues that startups and their founders need to know and the common legal pitfalls that affect startup companies. Unlike more mature companies, startups typically do not have large legal budgets and in house legal counsel focused on legal compliance. Nevertheless, startups must be aware of and comply with law, especially with respect to the issues that are unique to startups.
The presentation will cover those unique issues as well as the sometimes surprising and every evolving California rules. In particular, we will summarize:
1. Corporate formation and choice of entity and law;
2. Securities laws;
3. Labor and employment and why virtually evert startup in California is probably out of compliance and what you can do about it;
4. Intellectual property strategies using patent, trademark and trade secret;
5. Protecting your business through agreements;
6. Protecting the founders from personal liability;
7. And more.
The speaker will draw on more than 30 years of startup experience in describing how to manage legal risk on a startup budget.
About the Speaker
Roger Royse is a partner in the Palo Alto office of Haynes and Boone, LLP and practices in the areas of corporate and securities law, tax, and mergers and acquisitions. He works with companies ranging from newly formed tech startups to publicly traded multinationals in a variety of industries. Roger is a Fellow of the American College of Tax Counsel and former chair of several committees of the American Bar Association Sections of Business Law and Taxation. Roger has been an instructor or professor of legal, tax and business topics for the Center for International Studies (Salzburg, Austria), Golden Gate University School of Law and Stanford Continuing Studies. Roger is a nationally recognized authority on agtech – the technology of food production - and the legal considerations for companies in this industry. Roger is also the author of 10,000 Startups: Legal Strategies for Startup Success and Dead on Arrival: How to Avoid the Legal Mistakes That Could Kill Your Startup and has been interviewed and quoted in the Wall Street Journal, Forbes, Fox Business, Chicago Tribune, Associated Press, Tax Notes, Inc. Magazine, Nikkei Asian Review, China Daily, San Francisco Chronicle, Reuters, The Recorder, 7X7, Business Insurance, ABA Journal, Thrive Global and Fast Company.
Top Ten Legal Mistakes That Could Doom Your Startupideatoipo
Presented Thursday February 8, 2024
In this video, Silicon Valley attorney Roger Royse, partner at the law firm of Haynes and Boone LLP, summarizes the most common legal mistakes that startup companies and their lawyers make and how to avoid making those mistakes. Some of those mistakes can be rectified, but many will result in your startup company being "dead on arrival" when it comes time for funding or acquisition opportunities. Knowing what those mistakes are and how to avoid them is essential to starting and building a successful company.
Roger discusses those unique issues as well as the sometimes surprising and ever-evolving California rules, including:
1. Corporate formation and choice of entity and law;
2. Securities laws;
3. Labor and employment and why virtually every startup in California is probably out of compliance and what you can do about it;
4. Intellectual property strategies using patent, trademark and trade secret;
5. Protecting your business through agreements;
6. Protecting the founders from personal liability;
7. and more!
Roger draws on more than 30 years of startup experience in describing how to manage legal risk on a startup budget.
About the Speaker
Roger Royse is a partner in the Palo Alto office of Haynes and Boone, LLP and practices in the areas of corporate and securities law, tax, and mergers and acquisitions. He works with companies ranging from newly formed tech startups to publicly traded multinationals in a variety of industries. Roger is a Fellow of the American College of Tax Counsel and former chair of several committees of the American Bar Association Sections of Business Law and Taxation. Roger has been an instructor or professor of legal, tax and business topics for the Center for International Studies (Salzburg, Austria), Golden Gate University School of Law and Stanford Continuing Studies. Roger is a nationally recognized authority on agtech – the technology of food production - and the legal considerations for companies in this industry. Roger is also the author of 10,000 Startups: Legal Strategies for Startup Success and Dead on Arrival: How to Avoid the Legal Mistakes That Could Kill Your Startup and has been interviewed and quoted in the Wall Street Journal, Forbes, Fox Business, Chicago Tribune, Associated Press, Tax Notes, Inc. Magazine, Nikkei Asian Review, China Daily, San Francisco Chronicle, Reuters, The Recorder, 7X7, Business Insurance, ABA Journal, Thrive Global and Fast Company.
Due to the variations in plan benefits and membership fees as well as other regulatory requirements, this presentation is to be used only in the state of New York.
How International Startups Can Move to Silicon Valleyideatoipo
Silicon Valley contains the greatest concentration of wealth in the world, housing companies representing trillions of dollars of market capitalization on a short stretch of land between San Francisco and San Jose, California.
Companies from around the world come to Silicon Valley for access to markets, financing and talent. Many of the most successful companies have started in other countries and moved to Silicon Valley.
The presentation will cover:
1) How to make your company fundable to venture capitalists
2) How to protect you foreign intellectual property
3) The importance of limiting your potential liability
4) Complying with federal immigration and California’s byzantine employment law rules
5) Attracting and incentivizing employees
6) Raising money in general in Silicon Valley
Don't you agree that there are 5 "income un-certainties" in life: layoff, critical illness, disability, pre-mature death, and retirement.
Wouldn't "income certainty" be a big relief?
Owning a fully-financed, insured, well managed commercial property, with guaranteed rental leases, is a solution.
A 5-in-1 Solution!
Learn how to own this property with zero capital outlay!
Rikvin’s Singapore Taxation Guide 2012 will give you a quick digest of the most crucial Singapore tax updates that you should know. Our brochure contains a gist of the following: Singapore Corporate Tax Productivity and Innovation Scheme Capital Gains Tax Withholding Tax Personal Income Tax
Alvarez & Marsal Taxand, LLC,a tax-advisory affiliate of management consulting firm Alvarez & Marsal, recently surveyed top financial executives of U.S. multinational companies to solicit perspectives and priorities with respect to tax competitiveness and tax reform.
Understanding User Needs and Satisfying ThemAggregage
https://www.productmanagementtoday.com/frs/26903918/understanding-user-needs-and-satisfying-them
We know we want to create products which our customers find to be valuable. Whether we label it as customer-centric or product-led depends on how long we've been doing product management. There are three challenges we face when doing this. The obvious challenge is figuring out what our users need; the non-obvious challenges are in creating a shared understanding of those needs and in sensing if what we're doing is meeting those needs.
In this webinar, we won't focus on the research methods for discovering user-needs. We will focus on synthesis of the needs we discover, communication and alignment tools, and how we operationalize addressing those needs.
Industry expert Scott Sehlhorst will:
• Introduce a taxonomy for user goals with real world examples
• Present the Onion Diagram, a tool for contextualizing task-level goals
• Illustrate how customer journey maps capture activity-level and task-level goals
• Demonstrate the best approach to selection and prioritization of user-goals to address
• Highlight the crucial benchmarks, observable changes, in ensuring fulfillment of customer needs
In the Adani-Hindenburg case, what is SEBI investigating.pptxAdani case
Adani SEBI investigation revealed that the latter had sought information from five foreign jurisdictions concerning the holdings of the firm’s foreign portfolio investors (FPIs) in relation to the alleged violations of the MPS Regulations. Nevertheless, the economic interest of the twelve FPIs based in tax haven jurisdictions still needs to be determined. The Adani Group firms classed these FPIs as public shareholders. According to Hindenburg, FPIs were used to get around regulatory standards.
Navigating the world of forex trading can be challenging, especially for beginners. To help you make an informed decision, we have comprehensively compared the best forex brokers in India for 2024. This article, reviewed by Top Forex Brokers Review, will cover featured award winners, the best forex brokers, featured offers, the best copy trading platforms, the best forex brokers for beginners, the best MetaTrader brokers, and recently updated reviews. We will focus on FP Markets, Black Bull, EightCap, IC Markets, and Octa.
3.0 Project 2_ Developing My Brand Identity Kit.pptxtanyjahb
A personal brand exploration presentation summarizes an individual's unique qualities and goals, covering strengths, values, passions, and target audience. It helps individuals understand what makes them stand out, their desired image, and how they aim to achieve it.
Discover the innovative and creative projects that highlight my journey throu...dylandmeas
Discover the innovative and creative projects that highlight my journey through Full Sail University. Below, you’ll find a collection of my work showcasing my skills and expertise in digital marketing, event planning, and media production.
An introduction to the cryptocurrency investment platform Binance Savings.Any kyc Account
Learn how to use Binance Savings to expand your bitcoin holdings. Discover how to maximize your earnings on one of the most reliable cryptocurrency exchange platforms, as well as how to earn interest on your cryptocurrency holdings and the various savings choices available.
At Techbox Square, in Singapore, we're not just creative web designers and developers, we're the driving force behind your brand identity. Contact us today.
Anny Serafina Love - Letter of Recommendation by Kellen Harkins, MS.AnnySerafinaLove
This letter, written by Kellen Harkins, Course Director at Full Sail University, commends Anny Love's exemplary performance in the Video Sharing Platforms class. It highlights her dedication, willingness to challenge herself, and exceptional skills in production, editing, and marketing across various video platforms like YouTube, TikTok, and Instagram.
buy old yahoo accounts buy yahoo accountsSusan Laney
As a business owner, I understand the importance of having a strong online presence and leveraging various digital platforms to reach and engage with your target audience. One often overlooked yet highly valuable asset in this regard is the humble Yahoo account. While many may perceive Yahoo as a relic of the past, the truth is that these accounts still hold immense potential for businesses of all sizes.
Top mailing list providers in the USA.pptxJeremyPeirce1
Discover the top mailing list providers in the USA, offering targeted lists, segmentation, and analytics to optimize your marketing campaigns and drive engagement.
LA HUG - Video Testimonials with Chynna Morgan - June 2024Lital Barkan
Have you ever heard that user-generated content or video testimonials can take your brand to the next level? We will explore how you can effectively use video testimonials to leverage and boost your sales, content strategy, and increase your CRM data.🤯
We will dig deeper into:
1. How to capture video testimonials that convert from your audience 🎥
2. How to leverage your testimonials to boost your sales 💲
3. How you can capture more CRM data to understand your audience better through video testimonials. 📊
Personal Brand Statement:
As an Army veteran dedicated to lifelong learning, I bring a disciplined, strategic mindset to my pursuits. I am constantly expanding my knowledge to innovate and lead effectively. My journey is driven by a commitment to excellence, and to make a meaningful impact in the world.
Implicitly or explicitly all competing businesses employ a strategy to select a mix
of marketing resources. Formulating such competitive strategies fundamentally
involves recognizing relationships between elements of the marketing mix (e.g.,
price and product quality), as well as assessing competitive and market conditions
(i.e., industry structure in the language of economics).
1. LAWPRO Information
& Practice Advice
Dan Pinnington,
Director, practicePRO
Lawyers’ Professional Indemnity Company
Post ITLP Preparation & Advice
March 23, 2012
2.
3. Agenda
• LAWPRO information
• Student-lawyer
transition tips
• Practice building tips
• Resources
• Questions
15. What is LAWPRO?
• Full-fledged licensed insurance company
• Independent and distinct from Law Society of
Upper Canada
• Governed by Ontario Insurance Act, Ontario
Corporations Act, and other applicable
legislation
• Insure 22,800 Ontario practitioners
• Excess and title insurance
16. What is ‘private practice’ and who
must have LAWPRO coverage?
• Lawyer members of LSUC practising in a firm or
as sole practitioner & providing their legal advice
& services to clients
• Who is exempt?
– Articling students (Covered by supervising lawyer)
– In-house corporate counsel, lawyers employed in
government or education, or lawyers working or
volunteering in legal aid clinic etc. (i.e., employer is
client)
– Lawyers working outside law or retired
– Lawyers exercising their mobility rights
17. Mandatory LAWPRO
policy coverage
• Liability insurance for claims arising
as a result of an error, omission or
negligent act in the performance of, or
the failure to perform, Professional
Services for others
• Full policy at www.lawpro.ca
18. Details on LAWPRO
policy coverage
• Standard 2012 base premium $3,350
– Usually paid by firm
• Individual coverage
• Provides for indemnity and defense
• $1M per claim; $2M in aggregate
• Claims made policy
19. Other options
• New lawyer discount:
– 50, 40, 30, 20% over first four years in practice
• Discount if exclusively criminal and/or
immigration: 50%
• Part time option: 50%
• Note: Maximum discount is 50%
• Choice of deductible
– Standard is $5k
– Premium adjustment for other deduction options
20. Exclusions
• Claims:
– Arising out of lawyer’s dishonest,
fraudulent, criminal or malicious acts
– By an employer
– Arising out of investment advice,
unless the advice is the direct
consequence of legal services
21. Exclusions – cont.
– Claims arising out of business
ventures or investments not directly
related to practice of law
– Claims by insured, spouse or partner
who has a beneficial ownership of a
business
– Legal fees or accounts
– Most fines or penalties
– Punitive or aggravated damages
22. Other insurance
protections available
• Enhanced coverage for counterfeit certified cheques
and bank drafts
• Innocent party
– Re dishonest acts of lawyers
– Required or optional depending on practice
• REPCO
– Real Estate Practice Coverage Option
– Required of all lawyers practising RE law in ON
• Excess
– Coverage above LSUC mandatory program
– Usually on a firm basis only
– Available from LAWPRO and others
– Consider your exposure and get it if appropriate
• See LAWPRO website for more information
23. Jurisdiction and geography issues
to keep in mind
• Advice/work regarding US or other foreign law
– Not covered by LAWPRO policy
– Remember that malpractice coverage is not
mandatory in many jurisdictions
• Mobility provisions in place
– Generally can practice in other Canadian jurisdictions
– As practical matter home policy responds
– Some limitations: See LSUC website for details
• Territorial provisions
– Limitations on “Performance of professional services
outside Canada”
24. LAWPRO insurance coverage when
you leave private practice
• $250k run-off
– Automatic and at no cost
– Not reinstated (intended for rest of life)
• Runoff Buy-up (RBU)
– Top-up to $500k or $1MM
• Temporary Leave of absence
– Up to 2 years (or 5 years family/medical) &
not working
25. Premiums match risk
• We operate to be commercially viable
• Risk rated program in which the highest risk
areas of the bar pay premiums that closely
match their claims experience
– $50 Civil Litigation and $65 Real Estate transaction
levy
– Average $20 million in transaction surcharges
annually
• If we have made indemnity payment a claims
surcharge can apply
26. Insured’s obligations
• Promptly report claim or circumstances which
might give rise to a claim
• Assist and Co-operate
– Do not admit liability or settle except at your
own cost
• How to Report to Claim:
– Complete an online notice report
– Call the LAWPRO New Claims Coordinator
– Notify LAWPRO in writing
27. LAWPRO’s obligations
• LAWPRO has 2 obligations
– Duty to defend
– Duty to indemnify
• What to expect
– Prompt, personal contact from a claims examiner
– To be defended by experienced knowledgeable
counsel
– To be involved and consulted
• Matters are repaired, settled or vigorously
defended
28. LAWPRO claims by error type
(claims by count % for 2000-2010)
Other
Fraud 6%
Conflict 3%
6%
Clerical Communication
6% 34%
Fail to Know Law
12%
Inadequate Time
Investigation 17%
16%
See LAWPRO Magazine article on biggest claims risks
29. LAW PRO Claims Count by Area of Law
1997 to 2007
100%
90%
80%
70% Corporate
Plaintiff
Claim Count (%)
60% Real Estate
Defence
50% IP
Tax
40% Wills/Estates
Labour
30% Family
Other
20% PL
CO
10% RE
DE
0% IN
Solo 2 to 5 6 to 10 11 to 25 to 75 Up LA
24 74 FA
WI
Firm Size TA
Other
30. LAWPRO Claims Count by Error Type
1997 to 2007
100%
90%
80%
70%
Claim Count (%)
60% Communication
Time & Deadlines
50% Law or Tax Error
40% Investigation/Discovery
Clerical & Delegation
30% Conflict of Interest
20% Other
C
10% T
0% IDF
L
CO
10
5
24
+
74
lo
75
D
to
So
to
to
to
2
O
6
11
25
Firm Size C
T
IDF
31. Steps for avoiding
a malpractice claim
• Formal file opening procedure
– Conflicts check, written retainer with clear scope
• Conflicts
– Follow firm procedures religiously
• Systems normally catch them
• Ignored because poor judgment/greed
– Listen to your instincts - Who is your client?
– You can't judge your own conflicts
– Take appropriate action when real or potential conflict arises
• Manage/control client expectations from the start
– Process and procedures
– Anticipated timing
– Prospects for success/potential outcomes
– Anticipated costs/disbursements
32. Steps for avoiding
a malpractice claim (2)
• Don’t assume client understands everything
• Explain consequences of decisions
• Keep client informed
• Confirm information, instructions, advice and
work done in writing
– But not everything
• Get signed directions on major decisions
• Detailed contemporaneous dockets
– Telephone conference with client re instructions not to
do bylaw search
• Use tickler system for limitation periods/tasks
33. Steps for avoiding
a malpractice claim (3)
• Know the facts
• Don’t rush or take shortcuts - dig deeper - ask yourself:
• What does client really want need?
• Read between the lines
• Is there anything unusual?
• Is there something that doesn’t add up?
• Know the law
– Watch for tax issues
• Use written offers to settle
• Put case in properly
– Evidence Act notices, expert reports etc.
• Send interim and final reporting letters
• Don't sue for fees!!
• Don’t wait until end to ask how you did
– Once a year off the clock chat
48. Types of communications errors
• Failure to follow client’s instructions
• Work promised, but not done
• Often he said, she said…
• Failure to obtain consent/inform client
• Work done without instructions
• Implications of decisions/actions
• Poor communication with client
• Who looks after what
50. Inadequate discovery
or investigation of facts
• Not digging deep enough
• Examples:
– No property/pension valuations on
matrimonial file
– No medical reports on personal injury matter
– Not asking about spousal status/assets on will
matter
– Not doing title search on commercial lease
52. Categories of difficult clients*
• Angry/hostile
• Vengeful/with a mission
• Over-Involved/obsessive
• Dependant
• Secretive/deceitful/dishonest
• Depressed
• Mentally Ill
• The difficult client with the difficult case
• Client who is unwilling to accept, follow or
believe any of the lawyer’s advice
* From paper by Justice Carole Curtis
53. The 2/3 Rule
All your clients/matters should do at least
two of these three things:
• Interesting and challenging matters
• People you enjoy
• Pay you
2/3
55. The different types of tasks
Urgent and Important but
important not urgent
1 2
3 4
Urgent but Not urgent and
not important not important
Stephen R. Covey's book, The 7 Habits of Highly Effective People
56. • Motion today • LAWPRO premium
• Court filing due due next month
tomorrow • Employee issues
• Real estate closing • Collecting ARs
• Marketing
1 2• Exercise/time off
3 4
• Calls/emails • Trade press
• Most interruptions • Television
• Other people imposing • Did the Leafs win?
on your time • Facebook updates
62. How bad cheque frauds work
• Contrived legal matter
• Basic goal: have you run
fraudulent certified cheque
through your trust account
• You disburse funds on the bad
cheque
• Fraudster gets real money
• You get shortfall
63. Common types
• Bad debt collection
• Spousal support collection
– “Collaborative law participation agreement”
• Business loan
• Inventory purchase loan
• IP licence agreement payment
• Refund of retainer/deposit
64.
65.
66.
67.
68. More info on fraud prevention
• www.AvoidAClaim.com blog
• LAWPRO Fraud Fact sheet
• Report suspicious matters to
fraudinfo@lawpro.ca
• CALL FOR HELP
• www.practicepro.ca/fraud
69. Technology
is essential
See top legal technologies paper
89. Contact Info
Dan Pinnington, BSc, LLB/JD
Director, practicePRO, LAWPRO, Toronto, Ontario
(416) 598-5863 or 1-800-410-1013
dan.pinnington@lawpro.ca
www.practicepro.ca and www.lawpro.ca
Follow LAWPRO and practicePRO on Twitter
Connect with me:
– Linkedin: Dan Pinnington
– Twitter: danpinnington
– Facebook: Dan Pinnington
– Google+: Dan Pinnington
– Legal OnRamp: DanPinnington
Editor's Notes
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Sometimes our insureds get into trouble b/c they get a little bit over their head
Sometimes, despite best intentions, claims sneak up on them
Sometimes they run straight into a claim that should have been fairly apparent due to warning signals
And to fair, sometimes the real dangers should have been obvious, but is a bit hidden
And as you all know, lawyers do make mistakes that lead to claims
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Inc’d 1990 by LSUC to provide its mandatory pgm ins’c licensed across Can Originally run largely as a Claim Dept of the LSUC Since ins crisis of early ’90s, has been run independently and distinctly from the LSUC parent Mandatory program insures the approx 22,000 lawyers in private practice in Ontario Also provides Excess (ON) and title insurance (Can)
lawyers/clients far more mobile
Fail to inform 40 Client consent 38 Poor communication 22 Ascertain deadline 37 fail to calendar 28 fail to react 10 procrastination 25
Claims COUNT by area of law and firm size MAIN POINT – area of law work varies a great deal by firms size Area of law reflects what you’d expect given work being done at different firm sizes more real estate at smaller firms, less as firm size increases Less family as firm size increases More litigation at the midsized firms More corporate & tax at large firms Most IP at boutiques and larger firms
Claims COUNT by error type (what insurers call description of loss) and firm size MAIN POINT – notwithstanding very different types of work at firms of different sizes (ie previous graphs) – the types of errors are are largely the same, regardless of firm size. People make the same mistakes and systems breakdown in the same ways regardless of firm size 3 rd and 4 th ranking at largest firms makes law errors #3, otherwise law would be 4 th like other firms sizes KEY POINT: Communication & time management account for about 50% of all claims at all firms This is why lawyer/client communication and time management are so important from risk management point of view This is why CLE/CPD that is solely substantive law focused misses the point SEE SLIDES AT END FOR MORE DETAILED DESCRIPTIONS AND EXAMPLES OF THESE TYPES OF ERRORS
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