Sunday, July 20, 2008

Falling off a cliff

SOLICITORS who specialised in conveyancing and property deals are now seeking to retrain and upskill as the housing market collapses and leaves them with drastically reduced levels of work.

The Irish Independent has learned that the Law Society has seen significant increases in the number of lawyers applying for courses that would enable them to branch out into areas where they previously had little experience.

In particular, the Law Society has received increased applications for courses in insolvency, litigation and other dispute-related areas which traditionally experience an upturn in times of recession.

Although unable to provide exact figures, the society's director general Ken Murphy says there are solicitors who were kept busy at the height of the building boom but now have "little or nothing to do" since construction-related work has "fallen off a cliff".

The Indo

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