Law firm should not be held responsible for a ‘stupid’ business strategy, court hears

One of Ireland’s biggest law firms, LK Shields, should not be expected to pick up a “tab” of €8.5 million in damages because a client engaged in a “stupid” business strategy that blew up in its face, the Supreme Court has heard.

The Dublin law firm is appealing the damages award imposed by the High Court over its failure to register a property at the height of the boom in 2007, collapsing a ...