Personal and Workplace Injury Lawyers in Australia - Industry Market Research Report

Personal and Workplace Injury Lawyers in Australia - Industry Market Research Report

Personal and Workplace Injury Lawyers in Australia

Incomes for personal and workplace injury lawyers have marginally increased in recent years, despite long-term downwards trends in motor vehicle deaths and work accident rates, two significant drivers of industry demand. Restrictions put in place to curb the spread of COVID-19 caused notable disruptions to both road and workplace activity, and many cases were postponed following the initial outbreak. As restrictions eased, activity and demand conditions gradually stabilised for personal injury law firms. Processing case backlogs also created bumps in turnover for many firms. Revenue for workplace and personal injury law firms is expected to rise at an annualised 0.5% over the five years through 2023-24, to total $2.0 billion.

Firms in the industry provide legal services to individuals and firms relating to personal and work-related injuries.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.