Legal Supplier

Changes to the class-action indemnity market, implications for counsel

By John Rossos . In the Summer of 2016, the Financial Services Commission of Ontario (FSCO) and British Columbia’s Financial Institutions Commission (FICOM) issued cease and desist orders against BridgePoint Indemnity Company (Canada) Inc. (BICO.) The orders were the result of a complaint issued by a competitor, DAS, who alleged that BICO was selling “insurance” as an unlicensed insurer in contravention of provincial insurance laws. While BICO’s position at the time was, and remains, that its legal cost protection products are not “insurance," its priority was to protect the interests of its clients, the lawyers and plaintiffs who were relying on BICO to manage the risks of litigation. Accordingly, BICO resolved these issues with the Canadian regulators in a timely way by converting its legal cost protection program into an insurance-backed business. The purpose of this article is not to revisit the merits of the orders, but to explore the game-changing impact of these orders on the Canadian class-action bar and continued access to legal cost protection for and on behalf of its clients. Read more

Tips for videoconferencing with your court reporting agency

By Kim Neeson . With the help of technology, the world has never been closer. Need to examine a witness in Mumbai? No need to travel thousands of miles and expend thousands of dollars to do so, when you can simply connect via videoconferencing. Through our experience here at Neesons Court Reporting, below we share some simple guidelines and things to know when using videoconferencing. Read more

Many at risk of financial ruin after an injury

With many Canadians carrying more debt than ever before, an increasing number of injured people need financial help during litigation, says Easy Legal Finance Inc. president and CEO Larry Herscu. Read more

Seeking feedback crucial part of making good business decisions

Asking for constructive advice can be difficult, as can opening yourself up to criticism — but if you shy away from feedback, you’re only cheating yourself, Toronto court reporter Kim Neeson tells The Lawyers Weekly . Read more

RRSP: It’s about more than just tax deferral

By Dawn Marchand . March 1 is the deadline to make your 2016 Registered Retirement Savings Plans (RRSP) contribution, and while many people wait until the last minute, the most important thing is to get it done. Read more

Daily structure a positive component of GPS and alcohol monitoring

GPS and alcohol monitoring enables a timely flow of objective information to confirm compliance and detect violations for individuals involved in the criminal and family justice systems, says Steve Tan, partner with Recovery Science Corporation (RSC). Read more

Tech-based analytical system boosts firm efficiency

After studying how external pressures were impacting the legal industry, Toronto litigator François Sauvageau decided it was time to shift gears in his career, starting his own firm more than a decade ago and looking beyond traditional legal practice, he tells Law Times . Read more

Personal branding strategies for lawyers

The Canadian Bar Insurance Association (CBIA) is offering tips for lawyers on creating and strengthening their professional and personal brand, says Dawn Marchand , the organization’s vice-president of marketing and direct distribution. Read more

FOLA advocating for preservation of private bar certificates

The Federation of Ontario Law Associations (FOLA) is watching developments at Legal Aid Ontario closely to preserve the private bar certificate system and continue to allow accused persons to choose which lawyer represents them, says FOLA chairman Eldon Horner. Read more

January: a time to review law firm compensation systems

The start of a new calendar year is an ideal time to review a law firm’s compensation system for lawyers to determine whether changes need to be made based on their performance and the overall financial health of the practice, says Toronto legal management consultant Mark Dormer. Read more

Valuation opinions may differ in shareholder disputes

It’s not unusual for Chartered Business Valuators (CBVs) to have differing opinions of value in shareholder disputes, says Toronto forensic accountant and CBV Patricia Harris . Read more

The position of executor: from cradle to grave

By Avi Dahary . Part I – An introduction to the position Read more

Medical experts aren't 'hired guns' for insurance companies: Ford

Physicians who are medical experts in personal injury cases are neither “advocates” for patients nor insurance companies but rather, are there to provide objective reports about real physiological injuries, says Toronto orthopedic spine and trauma surgeon Dr. Michael Ford . Read more

Client retention key to value for professional services firms

Retaining clients is crucial for accounting and law firms — so a client electing not to return to the firm if the business is sold would ultimately have a significant impact on its value, Toronto forensic accountant and chartered business valuator Patricia Harris tells Succession Planning , a special supplement published by The Bottom Line and Lawyers Weekly. Read more