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I think the view that estate agents will be put off doing conveyancing by the cost of PI is over optimistic. Surely they will set up a limited company which can be closed if a large claim is made or, more likely they will simply farm the work out to a mug solicitor willing to work for peanuts and take all the risk. After 40 years in the profession I've come to the conclusion solicitors are their own worst enemy. No one undervalues what we do as much as we do. Time to retire