Trademark and Patent Lawyers and Attorneys in Australia - Market Research Report

Trademark and Patent Lawyers and Attorneys industry trends (2014-2019)

poll Average industry growth 2014–2019: 3.1%

The Trademark and Patent Lawyers and Attorneys industry has grown its revenue over the past five years, slightly outperforming growth in Australia's broader Legal Services industry. The industry has benefited from steady demand from downstream markets, such as the Biotechnology industry and fintech sector. Downstream markets have increased their research and development (R&D) expenditure alongside continuing Federal-Government initiatives to encourage innovation, such as tax incentives for companies that undertake R&D activities. These programs have sustained demand for trademark and patent legal services, as companies have sought to protect their newly created intellectual property. Industry revenue is expected to grow at an annualised 2.2% over th...
lock
Purchase this report or a membership to unlock our full summary for this industry.

Trademark and Patent Lawyers and Attorneys industry outlook (2019-2024)

poll Average industry growth 2019-2024: x.xlockPurchase this report or a membership to unlock the average company profit margin for this industry.

The Trademark and Patent Attorneys and Lawyers industry is forecast to grow its revenue over the next five years, at an annualised X.X%, to reach $X.X billion in XXX-XX. The main factors driving this growth are projected to be strong demand from downstream markets and growth in expenditure on research and development (R&D). Greater demand flowing from major legislative changes to the intellectual property landscape are also forecast to boost revenue and keep industry profit margins high. In addition, the Trans-Pacific Partnership (TPP) will likely bolster revenue as industry firms gain increased exposure to overseas markets, and external companies seek legal advice to understand how the agreement affects their intellectual property. This solid perfor...
lock
Purchase this report or a membership to unlock our full summary for this industry.

Trademark and Patent Lawyers and Attorneys industry statistics

  • attach_money Market Size: $1bn
  • business Number of Businesses: 963
  • poll Average Industry Profit Margin: x.x%
    lock
    Purchase this report or a membership to unlock the average company profit margin for this industry.
  • supervisor_account Industry Employment: 2,723

Biggest companies in the Trademark and Patent Lawyers and Attorneys industry

The companies holding the largest market share in the Trademark and Patent Lawyers and Attorneys in Australia industry include IPH Limited, Xenith IP Group Limited and QANTM Intellectual Property Limited.

  • pie_chart IPH Limited Market Share: x.x%
    lock
    Purchase this report or a membership to unlock our full summary for this industry.
  • pie_chart Xenith IP Group Limited Market Share: x.x%
    lock
    Purchase this report or a membership to unlock our full summary for this industry.
  • pie_chart QANTM Intellectual Property Limited Market Share: x.x%
    lock
    Purchase this report or a membership to unlock our full summary for this industry.

What is Trademark and Patent Lawyers and Attorneys industry?

Industry Definition

Legal practitioners (lawyers or attorneys) in the industry primarily provide legal services related to intellectual property law, such as patent and trademark filing, maintenance and litigation.

Industry Products and Services

  • Patents
  • Design registrations
  • Copyright and trademark services
  • Secrecy and confidentiality agreements
  • Other services

Industry Activities

  • Advising, drafting, monitoring and enforcing secrecy and confidential agreements
  • Advising, drafting, monitoring and enforcing patents
  • Advising, drafting, monitoring and enforcing trademarks
  • Advising, drafting, monitoring and enforcing copyrighted material
  • Advising, drafting, monitoring and enforcing designs
  • Advising, drafting, monitoring and enforcing plant breeder's rights

Market research report - table of contents

Industry Definition

Legal practitioners (lawyers or attorneys) in the industry primarily provide legal services related to intellectual property law, such as patent and trademark filing, maintenance and litigation.

Main Activities

  • Advising, drafting, monitoring and enforcing secrecy and confidential agreements
  • Advising, drafting, monitoring and enforcing patents
  • Advising, drafting, monitoring and enforcing trademarks
  • Advising, drafting, monitoring and enforcing copyrighted material
  • Advising, drafting, monitoring and enforcing designs
  • Advising, drafting, monitoring and enforcing plant breeder's rights

Similar Industries

Additional Resources

Industry Statistics Snapshot

Industry Structure

Executive Summary

Key External Drivers

Rises in private research and development (R&D) expenditure typically increase demand for patents to protect new ideas. This also boosts demand for lawyer...
lock
Purchase this report or a membership to unlock the full breakdown of the key external drivers in this industry.
Private research and development expenditure
Capital expenditure by the private sector
Business confidence index
Demand from biotechnology

Current Performance

Government initiatives
 Chart: Revenue Growth

Industry Outlook

Industry support
Free trade agreements
Smart contracts
 Table: Trademark and Patent Lawyers and Attorneys in Australia - Market Research Report Industry Revenue Outlook

Industry Life Cycle

Life Cycle Reasons
 Chart: Benchmarking - Trademark and Patent Lawyers and Attorneys in Australia - Market Research Report Industry Lifecycle vs The Economy

Supply Chain

Key Buying Industries

Pharmaceutical Product Manufacturing in Australia
Scientific Research Services in Australia
Finance in Australia
Health Services in Australia
Biotechnology in Australia


Key Selling Industries

Engineering Consulting in Australia
Online Information Services in Australia
Legal Services in Australia
Telecommunications Services in Australia



Products & Services

The Trademark and Patent Lawyers and Attorneys industry provides a variety of intellectual property services. As the industry's service fees vary signific...
Health, pharmaceutical and biotechnology sectors
Information and communication technology sectors
Engineering sector
Other sectors


Demand Determinants

Private and public expenditure on research and development primarily drives demand for the industry. Trademark and patent lawyers and attorneys attract mo...
lock
Purchase this report or a membership to unlock the full analysis of the demand determinants in this industry.

Major Markets

Health, pharmaceutical and biotechnology sectors
Information and communication technology sectors
Engineering sector
Other sectors



 Chart: Major Market Segmentation for the Trademark and Patent Lawyers and Attorneys in Australia - Market Research Report Industry

International Trade

Business Locations

Chart: Business Locations by State Chart: Business Locations by State

Market Share Concentration

The industry is characterised by low market share concentration, due to the numerous small firms, and individual barristers and solicitors that operate in...
lock
Purchase this report or a membership to unlock the full analysis of the market share concentration in this industry.

Key Success Factors

Cost Structure Benchmarks

Profit, Purchases, Wages, Other Costs
 Chart: Cost Structure Benchmarking – Sector vs Trademark and Patent Lawyers and Attorneys in Australia - Market Research Report

Basis of Competition

Internal competition
External competition

Barriers to Entry

 Table: Barriers to Entry Checklist for the Trademark and Patent Lawyers and Attorneys in Australia - Market Research Report Industry

Industry Globalization

IPH Limited (IPH) is an Australian publicly listed company that provides a variety of intellectual property services through its subsidiaries. IPH was cre...
lock
Purchase this report or a membership to unlock the full analysis of the major players in this industry.

IPH

 Table: IPH - financial performance

Xenith IP Group

 Table: Xenith IP Group - financial performance

Qantm IP

 Table: Qantm IP - financial performance

Capital Intensity

The Trademark and Patent Lawyers and Attorneys industry exhibits low capital intensity. The industry is labour intensive and industry lawyers and attorney...
lock
Purchase this report or a membership to unlock the full analysis of the capital intensity of this industry.
 Chart: Level of Capital Intensity for the Trademark and Patent Lawyers and Attorneys in Australia - Market Research Report Industry
 Chart: Tools of the Trade: Growth Strategies for Success

Technology & Systems

Revenue Volatility

Chart: Volatility vs Industry Growth Chart: Volatility vs Industry Growth

Regulation & Policy

Industry Assistance

Table: Industry data Table: Industry Data for the Trademark and Patent Lawyers and Attorneys in Australia Industry

Industry Revenue (2008-2026)
Industry Gross Product (2008-2026)
Establishments (2008-2026)
Businesses (2008-2026)
Employment (2008-2026)
Exports (2008-2026)
Imports (2008-2026)
Wages (2008-2026)
Domestic Demand (2008-2026)

Table: Annual Percentage Change for Key Industry Data Table: Annual Percentage Change for Key Industry Data

Table: Key Ratios for Industry Key Dat Table: Key Ratios for Industry Key Data

Table: Industry Financial Ratios Table: Industry Financial Ratios

Liquidity Ratios
Coverage Ratios
Leverage Ratios
Operating Ratios
Cash Flow & Debt Service Ratios (% of Sales)
Assets, %
Liabilities, %

BARRISTERS

BIOTECHNOLOGY

FINTECH

PATENT

SOLICITOR

TRADEMARK

Purchase to Read Full Report

100% Money Back Guarantee Digicert Trusted

Included in Report

  • Industry Financial Ratios
    Industry Financial Ratios
  • Revenue Forecasts
    Revenue Forecasts
  • Historical and Forecast Growth
    Historical and Forecast Growth
  • Industry Market Size
    Industry Market Size
  • Industry Major Players
    Industry Major Players
  • Profitability Analysis
    Profitability Analysis
  • SWOT Analysis
    SWOT Analysis
  • Industry Trends
    Industry Trends
  • Industry Operating Conditions
    Industry Operating Conditions
  • Porter's 5 Forces Analysis
    Porter's 5 Forces Analysis

Why buy this report on the Trademark and Patent Lawyers and Attorneys industry?

IBISWorld industry market research reports enable you to:

  • Find out about key industry trends
  • Identify threats and opportunities
  • Inform your decisions for marketing, strategy and planning
  • Quickly build competitive intelligence

This report on Trademark and Patent Lawyers and Attorneys in Australia:

  • Provides Market Size information to assist with planning and strategic decisions.
  • Includes the necessary information to perform SWOT, PEST and STEER analysis.
  • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
  • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.

The Trademark and Patent Lawyers and Attorneys in Australia market research report includes:

  • Historical data and analysis for the key drivers of this industry
  • A five-year forecast of the market and noted trends
  • Detailed research and segmentation for the main products and markets
  • An assessment of the competitive landscape and market shares for major companies
  • And of course, much more

IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Trademark and Patent Lawyers and Attorneys in Australia, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

Trusted by More Than 10,000 Clients Around the World

  • IBISWorld client - VISA
  • IBISWorld client - ADP
  • IBISWorld client - Deloitte
  • IBISWorld client - AMEX
  • IBISWorld client - Bank of Montreal
clear