The Trademark and Patent Lawyers and Attorneys industry has grown steadily over the past five years, and defied the weak growth in Australia's broader Legal Services industry over the period. Industry revenue is expected to grow at an annualised 4.4% over the five years through 2014-15, to reach $926.5 million. The industry has benefited from the strong performance of downstream markets, such as the Biotechnology industry. Increasing consolidation within the financial services sector has also supported demand for the industry's services given the drafting, monitoring and enforcement of confidentiality and secrecy agreements required during consolidation.
Legal practitioners (lawyers or attorneys) in this industry practice intellectual property law such as patent, copyright and trademark, including filing and litigation.
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.