Dr. Brian Doherty:

Some of the information and research we have seen would indicate there is a possibility firms that would not have found Ireland an attractive place in which to operate may now, with the introduction of limited liability partnerships, come on board. That point has been made in a few quarters. The knock-on effect of that would increase competition and it might drive down some costs. There may be multiple different aspects of what is both enshrined in the Act and other factors and rights leaning towards decreased costs.