The credit crunch has already claimed a lot of casualties in Ireland.
Home owners have seen their homes lose about a fifth of their value.
Mortgage brokers have been forced to make staff redundant.
Estate agents have slashed pay, cut jobs and introduced forced unpaid leave.
Banks profits and share prices have been decimated.
And property developers have been forced to slash house prices to help shift their properties.
Now it appears that conveyancing solicitors are feeling the pinch too.
According to an article in the Irish Independent, solicitors specialising in conveyancing and property deals are now seeking to retrain and reskill as lower house completions and closings leave them with dramatically reduced levels of business.
According to Ken Murphy, director general of the Law Society, solicitors who were kept busy at the height of the property market have ‘little or nothing to do’ since construction related work has ‘fallen off a cliff’.
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