Just thinking i'm not sure the previous post explains why i think this is interesting. The Aus legal market as a whole (inc PI) has been in decline over the last 5-10 years... there are several papers i could cite here showing this. This may be an early sign that the PI market (specifically) has stabilised or even begun a growth phase.
Of course above assumes Shine's WIP growth includes growth in PI (and not shrinkage in PI balanced out by comparably higher growth in other practise areas)
Ann: 2018 Annual Report, page-16
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