Firms are investing more in technology to keep up with demand.
September 06, 2024 at 06:47 AM
3 minute read
Correspondent, Sydney
Demand for legal services in Australia grew strongly and law firms are taking on more lawyers and investing more in technology to keep up, a report reveals.
The 2024 Australia State of the Legal Market by Thomson Reuters and the Melbourne Law School shows that demand for legal services grew by 7.5% in the 12 months to June and fees charged by firms increased by 5%, making for the third consecutive year that fees have risen by 5% or more.
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