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E&O Insurance >Practice Type >NON-LICENSEE PARTNER(S) of a MULTI-DISCIPLINE PARTNERSHIPS

Insurance for NON-LICENSEE PARTNER(S) of a MULTI-DISCIPLINE PARTNERSHIPS ("MDP")

 

Under By-law 7 of the Law Society Act, licensees, including LAWYERS, may apply to the Law Society for approval to enter into partnership with non-licensee professionals who are qualified to practise a profession, trade or occupation that supports or supplements the licensee's practice (such as accountants, patent agents, trademark agents, etc.). When these professionals ("NON-LICENSEE PARTNER(S)") enter into partnership with LAWYERS they are required to maintain professional liability insurance coverage through LAWPRO.

Eligibility

All NON-LICENSEE PARTNERS who are in partnership with one or more LAWYER(S) are required to secure professional liability insurance coverage through LAWPRO, and must complete a MULTI-DISCIPLINE Application Form.

For detailed information on the mandatory insurance for NON-LICENSEE PARTNER(S), see By-Law 7, Part II of the Law Society Act.

Coverage

Maximum of $1 million per claim/$2 million in the aggregate coverage for claims brought against you, as defined in the LAWPRO® Policy.

For more information, see private practice.

If you are joining or establishing a MDP

Once the Law Society of Upper Canada has conditionally approved the partnership, a representative of the firm must contact LAWPRO for the MDP application form.

Once completed, the representative will forward the application form to LAWPRO for processing. When approved, the policy will be put in place and policy documentation will be forwarded to the licensee.

Premium Upon our receipt of your completed application form, LAWPRO will individually underwrite the NON-LICENSEE PARTNER(S).
To apply Contact Helen Payne at 416-598-5899 or 1-800-410-1013 or [email protected] to receive the application form or if you have any questions.
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Key DatesMore

April 30, 2017
Real estate and civil litigation transaction levies and forms are due for the quarter ended March 31, 2017.

April 30, 2017
Exemption forms from lawyers not practising civil litigation or real estate and wanting to exempt themselves from quarterly filings are due.

July 31, 2017
Real estate and civil litigation transaction levies and forms are due for the quarter ended June 30, 2017.


 

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