Legal Services in Australia: Industry Research Report

Legal Services in Australia

Published Date: May 2004

Published By: IBISWorld

Page Count: 51

Order Code: R136-3209

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This report relates to establishments mainly engaged in providing legal services. This includes solicitors, barristers and legal aid offices. Also conveyancing services provided by lawyers and patent offices form part of this report.

The Industry L7841 - Legal Services in Australia ranks 54 out of 496 by industry turnover and its life cycle is in a mature phase, which means that the industry is generally growing at at the same rate as the economy.

Capital/labour intensity is low and the uptake of new technology is medium. The industry's globalisation level is low and the trend is increasing.

The industry has a low level of exports, which means exports generate less than 5% of the industry's turnover. The industry has a low level of imports, which means imports generate less than 5% of the industry's domestic demand.

The trend for exports is increasing and for imports it's increasing. The level of regulation is medium and increasing and government assistance is low and steady.

This industry is forecast to have a very strong average annualised growth rate over the next five years. A full analysis of each of the above conditions and more is available in every IBISWorld industry report!

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