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NZ law now a $3 billion industry

15 September 2016

Income from the sale of legal services in New Zealand has topped the $3 billion mark.

Provisional information from Statistics New Zealand's Annual Enterprise Survey shows that total legal services income in the year to 30 June 2015 was $3.059 billion.

This was up 2.3% on the previous year. With total expenditure of $1.989 billion, the legal services industry had a before-tax surplus in 2014/15 of $1.057 billion. This was down by 2.8% on the $1.087 billion surplus in the previous year.

Provisional Legal Services (ANZSIC M693100) Earnings for year to 30 June ($ million)
Measure201520142013
Total Income$3,059$2,991$2,794
    
Salaries and wages$1,028$1,001$892
Purchases and operating expenses$827$789$760
Other expenditure$134$120$103
Total Expenditure$1,989$1,910$1,755
    
Surplus before income tax$1,057$1,087$1,041

Last updated on the 16th September 2019