The industry is comprised of lawyers primarily focused on representing their clients in matters relating to criminal law. Crime rates have declined over the past five years, which has exerted some negative pressure on industry revenue. However, because a portion of these crimes are committed by people who are unable to afford legal representation, the level of criminal activity does not have a perfect correlation with industry revenue. Overall, industry revenue is forecast to decline at an annualised 0.7% over the five years through 2014-15. In 2014-15, industry revenue is forecast to grow by 1.5% to reach $450.0 million on the back of higher disposable incomes.
Firms in this industry specialize in the defence of individuals and companies that have been charged with criminal conduct. This industry does not include public defenders, which are permanently employed by various jurisdictions.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.