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GAZETTE

JULY/AUGUST 1991

over a period of time.

Initially, I believe that MDPs

should b? opposed. In a small

country such as Ireland, w i th a

small commercial and business

base introduction of anything

other than a strictly controlled

f o rm of MDP would be in-

judicious.

It is not app r op r i a te to

compare large and economically

s t r onger soc i e t i es such as

Germany, the Netherlands and

the UK, to Ireland.

If MDPs are however intro-

duced I believe the Law Society

should:

1.

Ensure that solicitors are

dominant i.e. forbid MDPs

w i th any non-independent

profession (stock brokers/

merchant banks/ estate

agents).

2 .

Ensure that professions

w i t h w h om MDPs are

a l l owed have similar

standards/codes of con-

duct to solicitors (i.e. the

Dutch model).

3 .

Permit only MDPs w i th

other advisers/thus ex-

cluding accountants who

audit company accounts,

since they may be deemed

officers of companies.

Ensure t h a t t he Law

Society has the power

to control any involve-

ment by a solicitor in an

MDP.

Ensure that (at least) the

Bar Coun c il and t he

Law So c i e ty adopt a

common approach to this

matter.

ROSCOMMON BAR DRESS DANCE

May 1991

(left to right): Mrs. Anthony McCormack; Mr. Anthony McCormack, County Registrar; Mrs. Rebecca

Finnerty, President, Roscommon Bar Association; Raymond and Eileen Monahan, Sligo; Noel C. Ryan,

Director General of the Law Society and Mrs. Una Ryan.

225