Oireachtas Joint and Select Committees

Wednesday, 4 July 2018

Joint Oireachtas Committee on Justice, Defence and Equality

Legal Services Regulatory Authority: Discussion

9:00 am

Dr. Brian Doherty:

There are protections built within the Act regarding the level of professional indemnity insurance a limited liability partnership must hold. We have a regulatory function in that regard in that we can inspect to ensure limited liability partnerships, first and foremost, advertise they are limited liability partnerships and inform any clients of the limited liability partnership of the limitations on the extent of its liability, and with the professional indemnity insurance aspect, there is another safeguard.