Legal Services in Australia
- Pages: 28
- Published: March 2017
- Report Code: OHME9399
Legal Services in Australia industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2012-16, and forecast to 2021). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Synopsis
Essential resource for top-line data and analysis covering the Australia legal services market. Includes market size data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.
Key Highlights
– The legal services market includes practitioners of law operating in every sector of the legal spectrum. These include commercial, criminal, legal aid, insolvency, labor/industrial, family and taxation law.
– The Australian legal services market had total revenues of $14.3bn in 2016, representing a compound annual rate of change (CARC) of -1% between 2012 and 2016.
– Market consumption volume increased with a CAGR of 1.5% between 2012 and 2016, to reach a total of 65.2 thousand legal professionals in 2016.
– The problems created by cuts in legal aid continue to blight the legal services sector in Australia. The Law Council of Australia claims since 2009 45,000 people have represented themselves due to lack of legal aid. The council is demanding AU$350m ($263m) to correct the situation.
Scope
– Save time carrying out entry-level research by identifying the size, growth, and leading players in the legal services market in Australia
– Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the legal services market in Australia
– Leading company profiles reveal details of key legal services market players’ global operations and financial performance
– Add weight to presentations and pitches by understanding the future growth prospects of the Australia legal services market with five year forecasts by both value and volume
Reasons to buy
- What was the size of the Australia legal services market by value in 2016?
- What will be the size of the Australia legal services market in 2021?
- What factors are affecting the strength of competition in the Australia legal services market?
- How has the market performed over the last five years?
- How large is Australia’s legal services market in relation to its regional counterparts?
Companies mentioned
Allens, Australia
Clayton Utz
Herbert Smith Freehills
Minter Ellison Legal Group
Table of Contents
List of Tables
List of Figures
Pricing
Discounts available for multiple purchases.