I don't think it attacks cc'ed targets so if this happens it sounds more like a bug. I mean the fire elemental is also not attacking a sheep.
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it depends if your opponents destroy the totem or not.
in bg I don't think sombody tries to get your totem in target and kill it. in arena this could be different and I guess will depend on the rank you are playing on.
however keep in mind you have to have the target in pov, not the totem. so you can use LM even when the totem is behind a pillar.
also against melees you could use it when the totem is some yards away.
so use the game mechanics to make it harder to kill the totem.
of course if there is a mage who uses ice lance to destroy your totem, you can't do that much.
I think what makes LM not the ideal talent would be that it attacks random targets so you can't really focus damage somebody, except if LM ignores cc like sheep, you could let it focus the other players.