Overview

Making a mark: R&D expenditure among downstream markets is driving revenue growth

The Trademark and Patent Lawyers and Attorneys market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

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Industry Analysis & Industry Trends

The Trademark and Patent Lawyers and Attorneys industry has grown steadily over the past five years, defying weak growth in Australia's broader Legal Services industry. The industry has benefited from steady demand from downstream markets, such as the Biotechnology industry. 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 activities have sustained demand for trademark and patent legal services, as companies have sought to protect their newly created intellectual properties.

Industry revenue is expected to grow at an annualised 3.1% over the five years through 2016-17, to reach $957.6 million...

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What is the Trademark and Patent Lawyers and Attorneys industry?

Over the past five years, the Trademark and Patent Lawyers and Attorneys industry has grown at a faster pace than the broader Legal Services industry. This faster growth is largely due to ongoing innovation in the private sector. Expenditure on research and development (R&D) in the private and public sectors has increased alongside rising overall capital expenditure on intellectual property products to protect new ideas, products and systems. Legal reforms designed to encourage innovation and speed up the process of issuing patents and trademarks have also benefited industry firms and downstream markets. As a result of these trends, industry revenue is expected to increase at an annualised 3.1% over the five years through 2016-17. This includes forecast growth of 3.6% i...

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Products & Brands

Major products in this industry
Patents
Registration of design
Copyright and trademark services
Secrecy and confidentiality agreements
Examples of brands in this Industry
Cullens
Fisher Adams Kelly Callinans
Pizzeys
Practice Insight
Spruson & Ferguson

Table of Contents

About this Industry

Industry Definition
Main Activities
Similar Industries
Additional Resources

Industry at a Glance

Industry Performance

Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

Products & Markets

Supply Chain
Products & Services
Major Markets

Globalisation & Trade

Business Locations
Competitive Landscape
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Barriers to Entry

Major Companies

Operating Conditions

Capital Intensity

Key Statistics

Industry Data
Annual Change
Key Ratios

Jargon & Glossary

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