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"...the firms had acted honestly and innocently in carrying out their respective roles", "...a claim for negligence against Mishcon's failed" "(Thay) had insurance to cover the loss suffered in full and were in a better position and were in a better position than the client to face the loss", "The only practical remedy open to the client was to target the city firm".

What have we come to? We're sued not because we have done anything wrong, but simply because we are insured! Labour in 1974 has a lot to answer for in enacting s.39 Solicitors' Act.

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