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13143
Price growth for legal activities
statistikk
2008-01-03T10:00:00.000Z
Prices and price indices;Establishments, enterprises and accounts
en
jurpi, Legal activities, price indexProducer and wholesale price indices, Establishments and enterprises , Prices and price indices, Establishments, enterprises and accounts
false

Legal activities, price index, Q3 2007

Content

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Price growth for legal activities

In the last two years, prices for legal activities have risen nearly 10 per cent. Foreign clients have been most affected by the price increase, but businesses and private households have also experienced higher prices.

Legal activities, price index. 2005=100

Prices for legal activities were 9.6 per cent higher during third quarter of 2007 compared with the average price in 2005. That figure exceeds the consumer price index (CPI) by 6.6 percentage points in the same period.

For business clients, the prices increased by 10 per cent from the average of 2005 to the third quarter of 2007. Businesses account for about 66 per cent of the turnover and constitute the largest group of customers in the industry. The foreign clients experienced an 11.8 per cent price growth, while private households paid 8.1 per cent higher prices during the same period. Legal activities aimed at foreign and private clients made up 15.2 and 9.5 per cent of the market respectively.

4.6 per cent more expensive last year

From the third quarter of 2006 to the same quarter of 2007, we find that the total index has increased 4.6 per cent. For business clients the price rise was 4.5 per cent, while a 5.6 per cent growth was registered for both foreign and private clients.

Legal activities, price index 1st quarter 2005-3rd quarter 2007. 2005=100
Period Prices Sub indices
Total index Change from
same quarter
in the previous year,
per cent 		Foreign
clients 		Private
clients 		Business
clients
2005          
1. quarter 99.3   99.6 99.5 99.2
2. quarter 99.7   99.6  100.7 99.5
3. quarter  100.2   99.6  100.5  100.4
4. quarter  100.7    101.2 99.3  100.9
           
2006          
1. quarter  102.9 3.6  106.2  100.6  103.0
2. quarter  104.2 4.5  106.1  102.3  104.5
3. quarter  104.8 4.6  105.9  102.4  105.3
4. quarter  105.1 4.3  106.2  103.4  105.5
           
2007          
1. quarter  108.1 5.0  110.6  105.4  108.3
2. quarter  108.8 4.4  110.9  107.0  109.3
3. quarter  109.6 4.6  111.8  108.1  110.0

About the industry

The legal activities industry consisted of 2 340 establishments in 2005. These establishments employed 6 956 people and had a turnover of almost NOK 7.8 billion, according to Statistics Norway’s structural statistics.

Data sources

Statistics Norway receives data from about 90 establishments in the industry.

Analysis

The establishments are divided into three size strata. For each establishment we calculate price changes (ratios) from the price reference period to the statistical period. The individual price changes are aggregated and weighed according to the establishment’s size stratum, type of employee, type of client and type of case (civil or criminal law) in that order. All price changes are included in the total index. The weights being used are calculated from turnover in each of the categories mentioned above. Turnover data are collected annually during the Classification of Products by Activity survey.

The price measured

The price measured in this index is average charge-out rates per hour (the respondents are asked to report invoiced rates if available or alternatively to use list prices), excl. VAT.

Time of measurement

The statistics consists of all transactions that have been carried through in the quarter in question.