LSO puts perks for real estate lawyers under the microscope
Maurizio Romanin was recently featured in a Law Time article regarding real estate lawyers who get fees and other perks paid by certain title insurers.
From the article:
"The tactics that some title insurance companies use to build relationships with some real estate lawyers have already faced scrutiny in the United States," says Maurizio Romanin, a Toronto lawyer who runs a legal technology company and is board chairman of a U.S. title insurance underwriter.
"You shouldn’t really be making a decision on which title insurance underwriter you’re working with because you get free hockey tickets or to go to a Christmas party where the booze is free or on a cruise . . . they stopped that in the pharmaceutical business," says Romanin, a barrister and solicitor, president of LawyerDoneDeal Corp. and chairman at Attorneys’ Title Guaranty Fund, Inc.”