================================================================================


                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549
                                   -----------


                                    FORM 8-K


                                 CURRENT REPORT


                     Pursuant to Section 13 or 15(d) of the
                         Securities Exchange Act of 1934


                        Date of Report: November 7, 1997
                        (Date of earliest event reported)



                            LAWYERS TITLE CORPORATION
             (Exact Name of Registrant as Specified in its Charter)



          Virginia                       0-13990                 54-1589611
(State or Other Jurisdiction     (Commission File Number)      (IRS Employer
      of Incorporation)                                      Identification No.)

         6630 West Broad Street             
           Richmond, Virginia                             23230
(Address of Principal Executive Offices)                (Zip Code)



               Registrant's telephone number, including area code:
                                 (804) 281-6700


================================================================================


<PAGE>

Item 5.     Other Events.

         On November 7, 1997,  Lawyers Title Corporation (the "Company") entered
into a Revolving Credit Agreement (the "Credit Agreement"), dated as of November
7, 1997,  among Bank of America  National  Trust and Savings  Association  and a
syndicate  of  eleven  other  financial  institutions.  Pursuant  to the  Credit
Agreement,  a senior  credit  facility  (the "Credit  Facility") in an aggregate
principal amount of up to $237.5 million is available (i) to provide up to $30.0
million  for  general  corporate  purposes,  and (ii) to finance the $207.5 cash
payment to Reliance  Insurance Company in connection with the Company's proposed
acquisition (the "Acquisition"),  previously reported,  of all of the issued and
outstanding   capital  stock  of  Commonwealth   Land  Title  Insurance  Company
("Commonwealth")  and Transnation  Title Insurance  Company.  Advances under the
Credit  Facility in excess of $30.0 million are subject to the  consummation  of
the Acquisition and the satisfaction of other conditions customary to financings
of this nature.

         The Credit Agreement contains certain covenants which restrict,  or may
have the effect of restricting,  the payment of dividends or distributions,  and
the purchase or redemption by the Company of its capital stock.  Section 7.11 of
the Credit Agreement generally limits the aggregate amount of all cash dividends
and stock  repurchases by the Company to 25% of its cumulative  consolidated net
income  arising after  December 31, 1996.  However,  the Company may declare and
make  dividend  payments  or other  distributions  payable  solely in its common
stock,  and is also permitted to repurchase  shares of its common stock with the
proceeds  from a  substantially  concurrent  issue of new  shares of its  common
stock.

         The Credit Agreement also sets forth certain  financial  covenants that
may indirectly  restrict the payment of cash  dividends by the Company.  Section
7.15 of the  Credit  Agreement  requires  the  Company's  insurance  subsidiary,
Lawyers  Title  Insurance  Corporation,  to  maintain  a  Statutory  Surplus  of
approximately  $120.5 million and,  following  consummation of the  Acquisition,
Commonwealth is required to maintain a Statutory Surplus of approximately $108.4
million.  The Company is  required  to  maintain a Debt to Total  Capitalization
Ratio of 40%, 37.5%,  35%, 32% and 30%, for the fiscal years ending December 31,
1998, 1999, 2000, 2001 and after 2001,  respectively.  Also, pursuant to Section
7.17 of the Credit Agreement,  the Company must maintain a Debt Service Coverage
Ratio greater than or equal to 2.25 to 1.0.

         Management  does not believe  that the  restrictions  contained  in the
Credit Agreement will, in the foreseeable future, adversely affect the Company's
ability to pay cash dividends at the current dividend rate.
However, there can be no assurance in this regard.

         The discussion of the Credit Agreement  presented above is qualified in
its entirety to the full text of the Credit Agreement,  which is attached hereto
as Exhibit 99.



                                      -2-
<PAGE>

Item 7.     Financial Statements, Pro Forma Financial Information and Exhibits.

     (c)    Exhibits.

            No.         Description
            --          -----------

            99    Revolving Credit Agreement dated as of November 7, 1997, among
                  Lawyers  Title  Corporation,  as  Borrower;  Bank  of  America
                  National Trust and Savings  Association,  individually  and as
                  Administrative  Agent;  Crestar  Bank,   individually  and  as
                  Documentation  Agent;  and the  other  financial  institutions
                  party thereto.*



-------------
*Filed Herewith



                                      -3-
<PAGE>

                                    SIGNATURE

         Pursuant to the requirements of the Securities Exchange Act of 1934, as
amended,  the  registrant has duly caused this report to be signed on its behalf
by the undersigned hereunto duly authorized.


                                        LAWYERS TITLE CORPORATION



Dated: November 17, 1997                By: /s/ Charles H. Foster, Jr.
                                            ----------------------------
                                            Charles H. Foster, Jr.
                                            Chairman and Chief Operating Officer


<PAGE>

                                INDEX TO EXHIBITS


No.            Description
---            -----------

99             Revolving  Credit  Agreement dated as of November 7, 1997,  among
               Lawyers Title Corporation,  as Borrower; Bank of America National
               Trust and Savings Association, individually and as Administrative
               Agent; Crestar Bank, individually and as Documentation Agent; and
               the other financial institutions party thereto.*



---------------
*Filed Herewith
[{"type": "8-K", "sequence": "1", "description": "8-K FILED BY LAYWERS TITLE CORPORATION", "secsgml_size_bytes": 6374}]
{"company-data": {"conformed-name": "LAWYERS TITLE CORP", "cik": "0000877355", "assigned-sic": "6361", "irs-number": "541589611", "state-of-incorporation": "VA", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-13990", "film-number": "97724891"}, "business-address": {"street1": "6630 W BROAD ST", "street2": "PO BOX 27567", "city": "RICHMOND", "state": "VA", "zip": "23230", "phone": "8042816700"}, "mail-address": {"street1": "6630 WEST BROAD ST", "street2": "PO BOX 27567", "city": "RICRICHMOND", "state": "VA", "zip": "23230"}}
================================================================================

                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549
                                   -----------

                                    FORM 8-K

                                 CURRENT REPORT

                     Pursuant to Section 13 or 15(d) of the
                         Securities Exchange Act of 1934

                        Date of Report: November 7, 1997
                        (Date of earliest event reported)

                            LAWYERS TITLE CORPORATION
             (Exact Name of Registrant as Specified in its Charter)

          Virginia                       0-13990                 54-1589611
(State or Other Jurisdiction     (Commission File Number)      (IRS Employer
      of Incorporation)                                      Identification No.)

         6630 West Broad Street             
           Richmond, Virginia                             23230
(Address of Principal Executive Offices)                (Zip Code)

               Registrant's telephone number, including area code:
                                 (804) 281-6700

================================================================================
Item 5.     Other Events.

         On November 7, 1997,  Lawyers Title Corporation (the "Company") entered
into a Revolving Credit Agreement (the "Credit Agreement"), dated as of November
7, 1997,  among Bank of America  National  Trust and Savings  Association  and a
syndicate  of  eleven  other  financial  institutions.  Pursuant  to the  Credit
Agreement,  a senior  credit  facility  (the "Credit  Facility") in an aggregate
principal amount of up to $237.5 million is available (i) to provide up to $30.0
million  for  general  corporate  purposes,  and (ii) to finance the $207.5 cash
payment to Reliance  Insurance Company in connection with the Company's proposed
acquisition (the "Acquisition"),  previously reported,  of all of the issued and
outstanding   capital  stock  of  Commonwealth   Land  Title  Insurance  Company
("Commonwealth")  and Transnation  Title Insurance  Company.  Advances under the
Credit  Facility in excess of $30.0 million are subject to the  consummation  of
the Acquisition and the satisfaction of other conditions customary to financings
of this nature.

         The Credit Agreement contains certain covenants which restrict,  or may
have the effect of restricting,  the payment of dividends or distributions,  and
the purchase or redemption by the Company of its capital stock.  Section 7.11 of
the Credit Agreement generally limits the aggregate amount of all cash dividends
and stock  repurchases by the Company to 25% of its cumulative  consolidated net
income  arising after  December 31, 1996.  However,  the Company may declare and
make  dividend  payments  or other  distributions  payable  solely in its common
stock,  and is also permitted to repurchase  shares of its common stock with the
proceeds  from a  substantially  concurrent  issue of new  shares of its  common
stock.

         The Credit Agreement also sets forth certain  financial  covenants that
may indirectly  restrict the payment of cash  dividends by the Company.  Section
7.15 of the  Credit  Agreement  requires  the  Company's  insurance  subsidiary,
Lawyers  Title  Insurance  Corporation,  to  maintain  a  Statutory  Surplus  of
approximately  $120.5 million and,  following  consummation of the  Acquisition,
Commonwealth is required to maintain a Statutory Surplus of approximately $108.4
million.  The Company is  required  to  maintain a Debt to Total  Capitalization
Ratio of 40%, 37.5%,  35%, 32% and 30%, for the fiscal years ending December 31,
1998, 1999, 2000, 2001 and after 2001,  respectively.  Also, pursuant to Section
7.17 of the Credit Agreement,  the Company must maintain a Debt Service Coverage
Ratio greater than or equal to 2.25 to 1.0.

         Management  does not believe  that the  restrictions  contained  in the
Credit Agreement will, in the foreseeable future, adversely affect the Company's
ability to pay cash dividends at the current dividend rate.
However, there can be no assurance in this regard.

         The discussion of the Credit Agreement  presented above is qualified in
its entirety to the full text of the Credit Agreement,  which is attached hereto
as Exhibit 99.

                                      -2-
Item 7.     Financial Statements, Pro Forma Financial Information and Exhibits.

     (c)    Exhibits.

            No.         Description
            --          -----------

            99    Revolving Credit Agreement dated as of November 7, 1997, among
                  Lawyers  Title  Corporation,  as  Borrower;  Bank  of  America
                  National Trust and Savings  Association,  individually  and as
                  Administrative  Agent;  Crestar  Bank,   individually  and  as
                  Documentation  Agent;  and the  other  financial  institutions
                  party thereto.*

-------------
*Filed Herewith

                                      -3-
SIGNATURE

         Pursuant to the requirements of the Securities Exchange Act of 1934, as
amended,  the  registrant has duly caused this report to be signed on its behalf
by the undersigned hereunto duly authorized.

                                        LAWYERS TITLE CORPORATION

Dated: November 17, 1997                By: /s/ Charles H. Foster, Jr.
                                            ----------------------------
                                            Charles H. Foster, Jr.
                                            Chairman and Chief Operating Officer
INDEX TO EXHIBITS

No.            Description
---            -----------

99             Revolving  Credit  Agreement dated as of November 7, 1997,  among
               Lawyers Title Corporation,  as Borrower; Bank of America National
               Trust and Savings Association, individually and as Administrative
               Agent; Crestar Bank, individually and as Documentation Agent; and
               the other financial institutions party thereto.*

---------------
*Filed Herewith