The chairman of the Competition Authority has accused the legal profession of being ‘‘overpriced, unaccountable and archaic’’, but says that change is on the way as a result of the EU/IMF deal.
Declan Purcell said Ireland had made a commitment in the EU/IMF memorandum of understanding to regulate the legal profession’s affairs by agreeing to establish an independent regulator for the profession by September, and to implement the outstanding recommendations...
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