Ethics Committee to review lawyers' participation in First Canadian Title "Home Closing Services Program"
The Law Society has received a number of questions from B.C. lawyers relating to the First Canadian Title Home Closing Services Program. It appears that, under the program, First Canadian Title introduces selected lawyers to prospective clients who require representation in real estate transactions. To participate, lawyers must agree to follow certain procedures and to charge fees stipulated by First Canadian.
The Law Society is currently examining several aspects of this program. At its September meeting, the Ethics Committee will consider a number of professional conduct issues that arise from lawyers' participation in this program - including whether the representation is independent and whether it involves lawyers in fee splitting. Lawyers who would like to make any comments concerning this program should contact:
Jack Olsen, Staff Lawyer - Ethics
Law Society of British Columbia
8th Floor, 845 Cambie Street
Vancouver, B.C. V6B 4Z9
Telephone (604) 443-5711
Fax (604) 646-5902