To Recreate Bug:
Casting Volcanic Rune to trigger Might of the Guild passive.
Notice Passive Icon indicating Might of the Guild buff is on.
Cast Reflective Light, record your damage (for my test it was 251).
Notice Passive Icon indicating Might of the Guild buff is off.
Cast Reflective Light again, and note the damage is the same (251 again).
The Damage of your next spell is supposed to be 10% higher (with 1/2 Might of the Guild), but it does nothing instead.
"Now I stand, the lion before the lambs and they do not fear. They can not fear." --Arthas Menethil (aka, The Lich King)