8667.0 - Legal Practices, Australia, 2001-02
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 25/06/2003
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MEDIA RELEASE
Legal profession generates $10,600 million in income Legal practices and organisations generated $10,600m in income, and contributed 1.1% to the Australian Gross Domestic Product (GDP) in the period 2001-2002, according to figures released today by the Australian Bureau of Statistics. Of the $10,600m in income, Government solicitor and public prosecutor organisations contributed $414m, legal aid authorities $326m and patent attorney practices $288m. In 2001-2002, there were 36,000 legal practitioners employing 58,000 staff within the 11,000 legal services practices and organisations across Australia. Of the 36,000 legal practitioners:
Barrister practices experienced higher operating profit margins than solicitor practices, 66.5% and 29.7% respectively. In 2001-2002 (see Media Note):
Further information is in Legal Practices, Australia, 2001-02 (cat. no. 8667.0). Media Note: Pro bono figures should be used with caution, legal practices generally did not maintain records in this area and therefore estimated its value. Document Selection These documents will be presented in a new window.
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