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)
Measure | 2015 | 2014 | 2013 |
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 |