About Lester & Associates

Lester & Associates is a small litigation firm in downtown Toronto, founded by Reid Lester in 2021 after 30 years of practicing law in the city. Lester began at a large national firm in the early 1990s, spent more than a decade at a smaller insurance focused firm, made partner at another national firm, and joined a smaller litigation practice in 2007 before starting the firm. The practice concentrates on insurance coverage (including fidelity, cyber, and professional liability claims), commercial fraud recovery, banking liability, and professional liability defence, mainly for banks, credit unions, and insurance companies.

Lester holds a B.A. from the University of British Columbia, an M.A. in Economics from Queen's University, and completed an LL.B., also at Queen's, in 1988. Lester was called to the Ontario bar in 1990 and to the British Columbia bar in 2018, and is a member of the American Bar Association's Tort and Insurance Practice Section (Surety and Fidelity) and the Toronto chapter of the Association of Certified Fraud Examiners. Lester is also a frequent presenter at industry conferences on commercial fraud, banking litigation, and fidelity insurance bonds, and the firm's website carries a library of case commentaries on banking, insurance, and fraud law decisions dating back to at least 2013.

Milestones & recognition

  • Reid Lester founded Lester & Associates in 2021 after 30 years of practicing law in Toronto.
  • Lester was called to the Ontario bar in 1990 and to the British Columbia bar in 2018.
  • Lester is a member of the American Bar Association's Tort and Insurance Practice Section (Surety and Fidelity) and the Toronto chapter of the Association of Certified Fraud Examiners.

The neighbourhood

The firm's office is in 250 Yonge Street, a 35 storey tower built in 1992 as one of four office buildings connected to the Toronto Eaton Centre. The tower links underground to the shopping centre and to subway access on Toronto's Line 1, putting the firm in the middle of the downtown core. That fits a small litigation practice built around institutional clients such as banks, credit unions, and insurance companies, who need a downtown meeting point rather than a storefront office.

Frequently asked questions

What areas of law does Lester & Associates practice?
The firm focuses on insurance coverage (including fidelity, cyber, and professional liability claims), commercial fraud recovery, banking liability, and professional liability defence.
Does Lester & Associates work with individual clients or businesses?
The firm's practice centres on financial and insurance institutions, including banks, credit unions, and insurance companies, rather than individual walk-in matters.
How long has Reid Lester been practicing law?
Reid Lester founded the firm in 2021 after 30 years of practicing law in Toronto, including time at national firms and a smaller insurance focused firm before joining a smaller litigation practice in 2007.
Is Reid Lester licensed to practice outside Ontario?
Yes. Lester was called to the Ontario bar in 1990 and to the British Columbia bar in 2018.
Where is Lester & Associates located?
The office is at 250 Yonge Street in downtown Toronto, in one of the towers connected to the Toronto Eaton Centre.
Does the firm publish any legal commentary?
Yes. The firm's website maintains a library of case commentary articles on banking, insurance, and fraud law decisions, with entries dating back to at least 2013.

Where to find them

2200-250 Yonge Street, Toronto, Ontario, M5B 2L7 · 416-802-9781

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Listing compiled from the firm’s public website in August 2026. Verify licence status in the Law Society of Ontario directory ↗