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News

Tuesday, June 18, 2013

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2013/2014 Professional Liability Insurance Levy Due on July 2, 2013

The 2013/2014 Professional Liability Insurance levy is due in the Law Society of Alberta’s Calgary office on Tuesday, July 2, 2013 by 4:30 p.m.

The levy is payable to the Alberta Lawyers Insurance Association and payments can be made as follows:

  • Telephone banking through your banking service
  • Internet banking through your online banking service
  • To make an online or telephone banking payment
    • the vendor name is the Alberta Lawyers Insurance Association
    • the account number is your member ID number
  • Wire transfer (please contact Membership Services at 403-229-4781 for the Wire Transfer form)
  • Cheque or money order mailed, couriered or hand-delivered to the Calgary office
  • We are unable to process credit card, bank teller or Interac email payments at this time

In previous years, the Law Society Membership department has provided individual reminders and follow-up calls to lawyers who have not complied with the requirements. Please note that this practice will not continue. Pursuant to Rule 165 (3), lawyers who do not comply with the prescribed deadline will have their membership status suspended for non-payment of the professional liability insurance levy on July 15, 2013.

Lawyers who are suspended will have to apply to reinstate their membership, pay the current reinstatement application fee of $777.00, as well as pay the amount of the professional liability insurance levy before insurance coverage takes effect. We strongly encourage lawyers to avoid this consequence, as well as any delay in returning to active practice that may result from having to apply for reinstatement. Please refer to the table below for the insurance levy costs of meeting the deadline and non-compliance.

  If you pay by the deadline  If you are suspended and have to reinstate 
Full insurance levy 

$3,727.50 
(plus surcharge, if applicable)   

 $4,504.50 (includes the $777.00 reinstatement application fee)
(plus surcharge, if applicable)     

1st instalment
(*2nd instalment is due January, 2014)  

 $1,916.25
(plus surcharge, if applicable)

 $2,693.25 (includes the $777.00 reinstatement application fee)
(plus surcharge, if applicable)

Members are responsible for keeping their contact information up-to-date at all times.  If you have any questions, please contact Membership Services at
403-229-4781 or membership@lawsociety.ab.ca.

 

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www.lawsociety.ab.ca
Law Society of Alberta
Calgary Office
Suite 500, 919 11th Avenue SW
Calgary, Alberta T2R 1P3
Phone: 403-229-4700

Edmonton Office
Suite 800, Bell Tower
10104-103 Avenue
Edmonton, Alberta T5J 0H8
Phone: 780-429-3343

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