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GAZETTE
JULY-AUGUST
1979
precedents, and there is no reason why, assuming that we
have a proper postal service in the future, such pre-
cedents could not be with the Solicitor requiring same, the
day after he telephones the Law Society with his
requirements.
I am convinced that a precedent bank service could be
of great benefit to the Profession, particularly to those
practicing alone or in remoter parts of the country, who
might not come across certain requirements as frequently
as those in the bigger centres of population.
I would like to emphasize my belief that the Profession
has a very prosperous future, even apart from the
provision of a full scheme of Civil Legal Aid, provided
that it increases its productivity to meet increasing
demands. I have no doubt that the Profession can do this,
and that the Law Society can help in organising it.
Finally, I feel that Solicitors are going to be asked more
and more to give advice which has, at least, some
relationship to business, and that some involvement in, or
knowledge of business is highly desirable for all members
of the Profession in the future. Ideally, such a knowledge
should be obtained by some personal business involve-
ment, presumably in a non-executive capacity, but as this
will not be possible for all, it may be worth the Society's
while to consider, in addition to the other Continuing
Education Programmes which it provides, the provision
of some programmes especially designed for Solicitors in
relation to financial and business affairs.
I feel that there is a great future for our Profession, and
I sincerely hope that the Profession and the Society will
take appropriate measures to capitalize fully on the
opportunities which will be available.
The President's address was received with applause.
Retirement Annuity Fund
Mr. Walter Beatty, Senior Vice-President, reported on
the growth of the Fund since its establishment four years
ago. The value of the Fund was now about £1 million and
the initial investment of £100 was now worth £206.85.
The Fund was invested in both gilts and equities in the
Irish and U.K. markets and it was now proposed to invest
in property. Mr. Beatty asked those present to encourage
their colleagues, especially the younger members, to
participate in the Scheme. He also drew attention to the
Income Continuance Plan aspect of the Scheme, which in
the future would enjoy tax concessions. He emphasised
that the time to join was when one was in good health.
Concluding, Mr. Beatty paid tribute to his colleague on
the Fund's Steering Committee.
Matters arising out of the Annual General Meeting
The Director General referred to the resolution pro-
posed by Mr. James Heney directing that the Council
appoint a professional member of the staff to deal with
Government Departments, Local Authorities and other
agencies. The Council had referred the resolution to a
sub-Committee for action and that Committee had
decided to advertise a solicitor vacancy on the staff of the
Society. Unfortunately due to the postal strike it had been
necessary to extend the closing date to 21st May, 1979.
of the possibility of further increases in the remuneration al-
ready proposed arising out of the suggested "National
Understanding". As he saw it such increases would make
it necessary to an increasing extent for solicitors to agree
costs with clients.
Costs
Mr. W. A. Osborne furnished the meeting with a
progress report on developments since the Annual
General Meeting. He anticipated that revised regulations
would be made in the near future.
Legal Aid
Mr. G. J. Moloney proposed that the Society should
not accept the Civil Legal Aid Scheme as announced, due
to the limitation of the scheme to Law Centres. The
President gave the background to this proposal and
emphasised that die heavy cost of the Criminal Legal Aid
scheme was a factor in Government thinking in relation to
the proposed Civil Legal Aid Scheme. Mr. Michael
O'Mahony said it would be difficult to oppose the
proposal without seeing the small print. In his view,
employing solicitors in centres was the logical extension
to the FLAC Centres. He felt the Society should reserve
its position until the small print of the scheme was
available.
Gazette
Mr. Peter Finlay, Executive Editor, was introduced to
the meeting. Mr. Finlay invited members, especially those
present from outside Dublin to meet with him to discuss
the
Gazette's
programme.
Postal Strike
Mr. W. A. Osborne said that the strike was having an
increasing effect in country areas with the result that it
was becoming impossible to complete work. The public
did not appreciate the position and were blaming
solicitors for the delay. He wondered if the Society could
do anything to make the public more aware of the
position. The President said that as a result of a resolution
adopted at the last Council meeting, he had issued a state-
ment to the press which had received some publicity. Mr.
Patrick Glynn and Mr. W. B. Allen favoured an advertis-
ment in the papers. Mr. Dominick Kearns said that in
Limerick the Inspector of Taxes was declining to hand
out letters to personal callers. It was agreed to refer the
suggestions made to the Public Relations Committee.
Building Societies
Mr. Michael O'Connell asked if the Society could
make representations to the Building Societies regarding
the delay in sanctioning loans. The period had extended
from 6-8 weeks to 12 weeks. It was agreed that
representations be made to the Building Societies.
Vote of Thanks
Mr. Jermyn proposed a vote of thanks to the President
for his conduct of the meeting which was carried with
acclamation. The President having thanked the members
for their participation declared the meeting closed.
Other Business
Law Clerks Remuneration
• Mr. Gerald Doyle warned
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