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Sat 11 Nov 2009Solicitors may go out of business over insurance

IT IS likely that some solicitors’ firms will be forced out of business in December through inability to obtain professional indemnity insurance, according to the director general of the Law Society.

Ken Murphy told The Irish Times that a number of measures had been taken recently by the society to modify the compulsory indemnity requirements, and it was hoped that quotes would be issued shortly to firms.

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