Workers, households and individuals across Australia are exposed to numerous risks, with a seemingly endless number of incidents and transactions occurring annually that require the services of a legal practitioner. While personal injury represents a significant contributor to industry revenue, other major industry services include property law and family law. As the households' demand for legal services are typically unaffected by economic conditions, industry revenue was not greatly affected by the global financial crisis.
Legal practitioners in this industry (i.e. lawyers or attorneys) advise and represent individuals. The most significant areas of practice are in the matters of personal injury law, family law, property law, class actions, wills, probates and residential conveyancing.
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.