|

Missed limitations and deadlines
Prevent missing a deadline ever — or ever again
By the time you finish reading Beat the clock: Timely lessons from 1600 lawyers, you should be on track to avoid missing a deadline ever — or ever again. Covering over 70 risk management tips, the guide is a must-read for all BC lawyers.
All lawyers in private practice received a copy of the guide in May 2007.
Copies are also available to practitioners by request (while supplies last). Please email your request, along with your name and address, to insurance@lsbc.org.
Beat the Clock: the first guide of its kind in North America is an award winner
The Risk and Insurance Management Society, Inc. (RIMS) recognized Beat the Clock with the prestigious 2008 Arthur Quern Quality Award. This international award acknowledges significant contributions within the field of risk management that raise the quality of products, services and enterprise risk management within an organization. RIMS commended the Lawyers Insurance Fund for their Beat the Clock initiative which “demonstrated such innovation and creativity as to warrant special recognition.”
The International Association of Business Communicators (BC Branch) honoured Beat the Clock with the 2008 Bronze Quill Award. The award recognizes the outstanding efforts of BC’s best communicators and their unique approach to meeting organizational goals. One of the judges said that the Lawyers Insurance Fund “listened to their audience and delivered a campaign that really met their needs … it could have been a dry boring topic, but the sample is well-produced and easy to read.” |
|
| |
The guide and quick reference list can also be downloaded below:
The Lawyers Insurance Fund would like your feedback on the guide. Fill out our short survey and we will send you a small token of our appreciation (while supplies last).
For an update on Beat the Clock, see "Beat the Clock: one year later" in the May 2008 issue of the Benchers' Bulletin.
Insurance Issues: Risk Management
Insurance Issues: Risk Management — a new publication of the Lawyers Insurance Fund — is distributed to all lawyers and articled students in the province to offer advice on activities and areas of practice that present potential risks to lawyers.
Past issues are listed below, and are available in Publications & Forms.
Alert! bulletins
Alert! is published by the Lawyers Insurance Fund, and is distributed to all lawyers and articled students in the province to alert the profession to critical issues that present immediate risk to lawyers.
Past issues of the Alert! are listed below with links and available in Publications & Forms.
| 2004: March: |
- Avoiding claims in real estate conveyancing practice
|
| 2003: October: |
- Avoiding allegations of "bad faith" and professional negligence in defending third-party liability claims
|
| 2003: June: |
- Leaky condo alert: The Owners, Strata Plan LMS 888 v. The City of Coquitlam
|
| 2002: June: |
- Builders lien alert: Shimco Metal Erectors Ltd.
- "Springing" Power of Attorney invalid
- Missed limitations in commencing actions for Part 7 benefits
- Property transfer tax misunderstandings
|
| 2002: February: |
- Two-year limitation governs negligence claims against municipalities
|
| 2000: October: |
- The Representation Agreement Act
- Claims against municipalities
|
| 1999: June: |
- Watching out for questionable schemes and scams
|
Fraud prevention
Lawyers face an increasing risk of becoming the tool or dupe of an unscrupulous client. To help lawyers recognize and manage this risk, the Law Society and the Lawyers Insurance Fund offer the following information on fraudulent schemes:
- Real estate fraud alert (Notice to the Profession, June 2, 2010)
- Fraudulent investments (Benchers’ Bulletin 2009 No. 4 Winter)
- Identity fraud alert (Notice to the Profession, June 10, 2008)
- Real estate fraud — a prevention primer (Insurance Issues: Risk Management October 2005
- Law Society alert on value fraud schemes (Notice to the Profession, August 10, 2005)
- Scamsters target lawyers (Notice to the Profession, July 8, 2005)
- Rules require lawyers to guard against fraud (Benchers' Bulletin 2005 No. 2 April-May)
- Fighting back against fraud — the risks in real estate (Benchers' Bulletin 2005 No. 2 April-May)
- New rules require lawyers to guard against scamsters (Notice to the Profession, March 10, 2005)
- When scamsters target lawyers (Benchers' Bulletin 2003 No. 3 May-June)
- Watching out for questionable schemes and scams (Alert! bulletin 1999: June)
To assist lawyers and law firms from becoming victims of frauds — including employee fraud — and to learn more about frauds, see:
- Matrimonial debt collection scam ubiquitous (Benchers’ Bulletin 2010 No. 1 Spring)
- Retainer overpayment and refund scam (Benchers’ Bulletin 2010 No. 1 Spring)
- On-line mortgage referral program (Benchers’ Bulletin 2009 No. 4 Winter)
- Matrimonial debt collection (Benchers’ Bulletin 2009 No. 4 Winter)
- Investment Scams: How to Protect Your Money (This online resource, developed jointly by the BC Securities Commission and Alberta Securities Commission, focuses on the more common methods fraudsters use to approach potential victims – via the Internet, advertisements, seminars, and by exploiting an affinity or common bond.)
- Craigslist – scamsters preying on legitimate sellers (Benchers' Bulletin 2009 No. 3 Fall)
- New twist on phony debt collection scam (Benchers' Bulletin 2009 No. 3 Fall)
- Fraudsters falsifying ID of major banks in counterfeit bank drafts mortgage deals (Notice to the Profession, June 19, 2009)
- Lawyers targeted in new fraud scheme incorporation and a small business loan (Notice to the Profession, May 14, 2009)
- New lottery scam (Benchers’ Bulletin 2009 No. 1 April)
- Attention real estate practitioners: A variation on the bad cheque scam (Notice to the Profession, December 15, 2008)
- Scams, scams and more scams (Benchers' Bulletin 2008 No. 4 October)
- BC law firm victim of counterfeit scam (Notice to the Profession, September 16, 2008)
- How fraudsters use your trust account -- counterfeit schemes and bank draft scams (Benchers Bulletin 2008 No. 3 July)
- Cautions on cash and new scams (Benchers' Bulletin 2008 No. 2 May)
- Counterfeit bank drafts — yet another trust account scam (Notice to the Profession, May 5, 2008)
- Fraud alert — counterfeit certified cheques (Notice to the Profession, January 22, 2008)
- Scams to look out for (Benchers' Bulletin 2007 No. 2 May)
- Fighting back against fraud — a dark and shifting landscape (Benchers' Bulletin 2005 No. 5 November-December)
Additional risk management material
Please see Practice Resources for additional risk management materials. |