LexisNexis?
  • world mapWorldwide
  • Contact Us
 

Legal Services Expenditure Report 2009-10

by Hilary Kincaid 6. January 2011 09:58

The Attorney-General has released the 2009-2010 Legal Services Expenditure Report.

The report sets out expenditure by agencies regulated by the Financial Management and Accountability Act (FMA agencies) and the Commonwealth Authorities and Companies Act (CAC agencies).  Overall expenditure by both groups of agencies was $640.6m, in internal and external legal services.

The number of direct briefs to counsel has increased fivefold.

Both FMA and CAC agencies paid a total of $254.9m to law firms in professional fees. The AGS was the principal recipient (43%), with Clayton Utz (11%) and Blake Dawson (8%) following close behind. ASIC spent a total of approx $80m on legal services in 2009-2010, with $30m of that being external expenditure (ie payments to counsel and firms).

A full copy of the report is available from the Attorney-General’s website.

Tags:

APRA | ASIC | Litigation



Disclaimer

LexisNexis, and the authors and endorsers of this blog each exclude liability for loss suffered by any person resulting in any way from the use of, or reliance on, the content of the blog. Views expressed in blog content are the opinion of the individual writer and do not represent the views of LexisNexis.



Bookmark and Share

Widget Twitter not found.

Root element is missing.X