ASIC's legal expenditure

Each year ASIC issues a statement of legal services expenditure by ASIC, for the previous financial year, published in compliance with paragraph 11.1 (ba) of the Legal Services Directions 2017.

This is a statement of legal services expenditure by ASIC for 2023-2024 published in compliance with paragraph 11.1(ba) of the Legal Services Directions 2017.

Note: All 2023-2024 figures are exclusive of GST.

Totals

Item	Amount
Total external legal services expenditure	$38,460,987
Total internal legal services expenditure	$46,801,452
Total (external + internal) legal services expenditure	$85,262,439

Summary of external legal services expenditure

Item	Amount
Total value of briefs to Counsel (A)	$13,415,169
Total value of disbursements (excluding counsel) (B)	$6,531,457
Total value of professional fees paid (C)	$18,514,361
Total external legal services expenditure (A + B + C)	$38,460,987

Counsel

Item	Amount
Briefs to counsel (A)	$13,415,169

Direct briefs

Direct briefs	Number	Amount
To male senior counsel	42	$3,720,366
To female senior counsel	39	$2,010,008
To gender X senior counsel	0	$0
To male junior counsel	25	$1,082,915
To female junior counsel	31	$1,057,270
To gender X junior counsel	0	$0
Total of direct briefs to counsel	137	$7,870,559

Indirect briefs

Indirect briefs	Number	Amount
To male senior counsel	29	$3,244,747
To female senior counsel	7	$812,533
To gender X senior counsel	0	$0
To male junior counsel	13	$849,821
To female junior counsel	21	$637,509
To gender X junior counsel	0	$0
Total of indirect briefs to counsel	70	$5,544,611

Disbursements

Item	Amount
Disbursements (excluding counsel) (B)	$6,531,457

Professional fees

Item	Amount
Professional fees paid (C)	$18,514,361

Notes: Figures are calculated on an accrual basis.

This is a statement of legal services expenditure by ASIC for 2022-2023 published in compliance with paragraph 11.1(ba) of the Legal Services Directions 2017.

Note: All 2022-2023 figures are exclusive of GST.

Totals

Item	Amount
Total external legal services expenditure	$39,450,830
Total internal legal services expenditure	$47,330,753
Total (external + internal) legal services expenditure	$86,781,583

Summary of external legal services expenditure

Item	Amount
Total value of briefs to Counsel (A)	$12,450,224
Total value of disbursements (excluding counsel) (B)	$5,040,110
Total value of professional fees paid (C)	$21,960,496
Total external legal services expenditure (A + B + C)	$39,450,830

Counsel

Item	Amount
Briefs to counsel (A)	$12,450,224

Direct briefs

Direct briefs	Number	Amount
To male senior counsel	70	$3,665,273
To female senior counsel	29	$1,498,521
To gender X senior counsel	0	$0
To male junior counsel	42	$924,803
To female junior counsel	37	$840,186
To gender X junior counsel	0	$0
Total of direct briefs to counsel	178	$6,928,783

Indirect briefs

Indirect briefs	Number	Amount
To male senior counsel	26	$2,818,703
To female senior counsel	9	$1,121,988
To gender X senior counsel	0	$0
To male junior counsel	11	$1,035,764
To female junior counsel	10	$544,986
To gender X junior counsel	0	$0
Total of indirect briefs to counsel	56	$5,521,441

Disbursements

Item	Amount
Disbursements (excluding counsel) (B)	$5,040,110

Professional fees

Item	Amount
Professional fees paid (C)	$21,960,496

Notes: Figures are calculated on an accrual basis.

This is a statement of legal services expenditure by ASIC for 2021-2022 published in compliance with paragraph 11.1(ba) of the Legal Services Directions 2017.

Note: All 2021-2022 figures are exclusive of GST.

Totals

Expenditure	Amount
Total external legal services expenditure	$41,565,727
Total internal legal services expenditure	$43,642,505
Total (external + internal) legal services expenditure	$85,208,232

Summary of external legal services expenditure

Expenditure	Amount
Total value of briefs to Counsel (A)	$13,210,987
Total value of disbursements (excluding counsel) (B)	$9,200,102
Total value of professional fees paid (C)	$19,154,638
Total external legal services expenditure (A + B + C)	$41,565,727

Counsel

Expenditure	Amount
Briefs to counsel (A)	$13,210,987

Direct briefs

Direct briefs	Number	Amount
To male senior counsel	63	$3,877,387
To female senior counsel	29	$1,561,248
To gender X senior counsel	0	$0
To male junior counsel	27	$1,375,230
To female junior counsel	40	$1,249,756
To gender X junior counsel	0	$0
Total of direct briefs to counsel	159	$8,063,621

Indirect briefs

Indirect briefs	Number	Amount
To male senior counsel	19	$2,542,781
To female senior counsel	13	$866,763
To gender X senior counsel	0	$0
To male junior counsel	6	$1,026,066
To female junior counsel	12	$711,756
To gender X junior counsel	0	$0
Total of indirect briefs to counsel	50	$5,147,366

Disbursements

Expenditure	Amount
Disbursements (excluding counsel) (B)	$9,200,102

Professional fees

Expenditure	Amount
Professional fees paid (C)	$19,154,638

Notes: Figures are calculated on an accrual basis.

This is a statement of legal services expenditure by ASIC for 2020-2021 published in compliance with paragraph 11.1(ba) of the Legal Services Directions 2017.

Note: All 2020-2021 figures are exclusive of GST.

Totals

Expenditure	Amount
Total external legal services expenditure	$43,999,348
Total internal legal services expenditure	$39,732,294
Total (external + internal) legal services expenditure	$83,731,642

Summary of external legal services expenditure

Expenditure	Amount
Total value of briefs to Counsel (A)	$15,135,982
Total value of disbursements (excluding counsel) (B)	$6,857,804
Total value of professional fees paid (C)	$22,005,562
Total external legal services expenditure (A + B + C)	$43,999,348

Counsel

Expenditure	Amount
Number of direct briefs to male senior counsel	149
Number of direct briefs to female senior counsel	56
Number of direct briefs to gender X senior counsel	0
Number of direct briefs to male junior counsel	71
Number of direct briefs to female junior counsel	99
Number of direct briefs to gender X junior counsel	0
Total number of direct briefs to counsel	375
Number of indirect briefs to male senior counsel	68
Number of indirect briefs to female senior counsel	19
Number of indirect briefs to gender X senior counsel	0
Number of indirect briefs to male junior counsel	30
Number of indirect briefs to female junior counsel	30
Number of indirect briefs to gender X junior counsel	0
Total number of indirect briefs to counsel	147
Total value of direct briefs to male senior counsel	$4,553,921
Total value of direct briefs to female senior counsel	$2,339,690
Total value of direct briefs to gender X senior counsel	$0
Total value of direct briefs to male junior counsel	$1,432,180
Total value of direct briefs to female junior counsel	$2,008,304
Total value of direct briefs to gender X junior counsel	$0
Total value of indirect briefs to male senior counsel	$2,582,053
Total value of indirect briefs to female senior counsel	$503,365
Total value of indirect briefs to gender X senior counsel	$0
Total number of indirect briefs to male junior counsel	$981,293
Total value of indirect briefs to female junior counsel	$735,176
Total value of indirect briefs to gender X junior counsel	$0
Total value of briefs to counsel (A)	$15,135,982

Disbursements

Expenditure	Amount
Total value of disbursements (excluding counsel) (B)	$6,857,804

Professional fees

Expenditure	Amount
Total value of professional fees paid (C)	$22,005,562

Notes: Figures are calculated on an accrual basis.

This is a statement of legal services expenditure by ASIC for 2019-2020 published in compliance with paragraph 11.1(ba) of the Legal Services Directions 2017.

Note: All 2019-2020 figures are exclusive of GST.

Totals

Expenditure	Amount
Total external legal services expenditure	$44,351,818
Total internal legal services expenditure	$40,289,468
Total (external + internal) legal services expenditure	$84,641,286

Summary of external legal services expenditure

Expenditure	Amount
Total value of briefs to Counsel (A)	$14,748,269
Total value of disbursements (excluding counsel) (B)	$6,764,547
Total value of professional fees paid (C)	$22,839,003
Total external legal services expenditure (A + B + C)	$44,351,818

Counsel

Expenditure	Amount
Number of direct briefs to male senior counsel	167
Number of direct briefs to female senior counsel	56
Number of direct briefs to gender X senior counsel	0
Number of direct briefs to male junior counsel	87
Number of direct briefs to female junior counsel	97
Number of direct briefs to gender X junior counsel	0
Total number of direct briefs to counsel	407
Number of indirect briefs to male senior counsel	37
Number of indirect briefs to female senior counsel	10
Number of indirect briefs to gender X senior counsel	0
Number of indirect briefs to male junior counsel	47
Number of indirect briefs to female junior counsel	26
Number of indirect briefs to gender X junior counsel	0
Total number of indirect briefs to counsel	120
Total value of direct briefs to male senior counsel	$5,096,201
Total value of direct briefs to female senior counsel	$1,700,275
Total value of direct briefs to gender X senior counsel	$0
Total value of direct briefs to male junior counsel	$1,547,160
Total value of direct briefs to female junior counsel	$1,861,936
Total value of direct briefs to gender X junior counsel	$0
Total value of indirect briefs to male senior counsel	$2,083,221
Total value of indirect briefs to female senior counsel	$275,793
Total value of indirect briefs to gender X senior counsel	$0
Total number of indirect briefs to male junior counsel	$1,284,816
Total value of indirect briefs to female junior counsel	$898,867
Total value of indirect briefs to gender X junior counsel	$0
Total value of briefs to counsel (A)	$14,748,269

Disbursements

Expenditure	Amount
Total value of disbursements (excluding counsel) (B)	$6,764,547

Professional fees

Expenditure	Amount
Total value of professional fees paid (C)	$22,839,003

Notes: Figures are calculated on an accrual basis.

This is a statement of legal services expenditure by ASIC for 2018-2019 published in compliance with paragraph 11.1(ba) of the Legal Services Directions 2017.

Note: All 2018-2019 figures are exclusive of GST.

Totals

Expenditure	Amount
Total external legal services expenditure	$25,011,192.00
Total internal legal services expenditure	$31,494,715.00
Total (external + internal) legal services expenditure	$56,505,907.00

Summary of external legal services expenditure

Expenditure	Amount
Total value of briefs to Counsel (A)	$10,094,618.00
Total value of disbursements (excluding counsel) (B)	$6,154,847.00
Total value of professional fees paid (C)	$8,761,727.00
Total external legal services expenditure (A + B + C)	$25,011,192.00

Counsel

Expenditure	Amount
Number of direct briefs to male senior counsel	185
Number of direct briefs to female senior counsel	71
Number of direct briefs to male junior counsel	98
Number of direct briefs to female junior counsel	128
Total number of direct briefs to counsel	482
Number of indirect briefs to male senior counsel	1
Number of indirect briefs to female senior counsel	0
Number of indirect briefs to male junior counsel	4
Number of indirect briefs to female junior counsel	3
Total number of indirect briefs to counsel	8
Total value of direct briefs to male senior counsel	$3,941,996.00
Total value of direct briefs to female senior counsel	$602,264.00
Total value of direct briefs to male junior counsel	$2,814,979.00
Total value of direct briefs to female junior counsel	$2,641,752.00
Total value of indirect briefs to male senior counsel	$26,644.00
Total value of indirect briefs to female senior counsel	$ 0
Total number of indirect briefs to male junior counsel	$12,603.00
Total value of indirect briefs to female junior counsel	$54,380.00
Total value of briefs to counsel (A)	$10,094,618.00

Disbursements

Expenditure	Amount
Total value of disbursements (excluding counsel) (B)	$6,154,847.00

Professional fees

Expenditure	Amount
Total value of professional fees paid (C)	$8,761,727.00

Notes: Figures are calculated on an accrual basis.

This is a statement of legal services expenditure by ASIC for 2017-2018 published in compliance with paragraph 11.1 (ba) of the Legal Services Directions 2017.

Note: All 2017-2018 figures are exclusive of GST.

Totals

Expenditure	Amount
Total external legal services expenditure	$27,220,298.00
Total internal legal services expenditure	$31,112,386.00
Total (external + internal) legal services expenditure	$58,332,684.00

Summary of external legal services expenditure

Expenditure	Amount
Total value of briefs to Counsel (A)	$12,862,727.00
Total value of disbursements (excluding counsel) (B)	$5,048,798.00
Total value of professional fees paid (C)	$9,308,773.00
Total external legal services expenditure (A + B + C)	$27,220,298.00

Counsel

Expenditure	Amount
Number of direct briefs to male counsel	121
Number of direct briefs to female counsel	83
Total number of direct briefs to counsel	204
Number of indirect briefs to male counsel	2
Number of indirect briefs to female counsel	0
Total number of indirect briefs to counsel	2
Total value of briefs to male counsel (including direct briefs)	$9,539,008.00
Total value of briefs to female counsel (including direct briefs)	$3,323,719.00
Total value of briefs to counsel (A)	$12,862,727.00

Disbursements

Expenditure	Amount
Total value of disbursements (excluding counsel) (B)	$5,048,798.00

Professional fees

Expenditure	Amount
Total value of professional fees paid (C)	$9,308,773.00

Notes: Figures are calculated on an accrual basis.

This is a statement of legal services expenditure by ASIC for 2016-2017 published in compliance with paragraph 11.1 (ba) of the Legal Services Directions 2017.

Note: All 2016-2017 figures are exclusive of GST.

Totals

Expenditure	Amount
Total external legal services expenditure	$20,451,847.00
Total internal legal services expenditure	$67,450,002.00
Total (external + internal) legal services expenditure	$87,901,849.00

Summary of external legal services expenditure

Expenditure	Amount
Total value of briefs to Counsel (A)	$11,300,775.00
Total value of disbursements (excluding counsel) (B)	$2,260,527.00
Total value of professional fees paid (C)	$6,890,545.00
Total external legal services expenditure (A + B + C)	$20,451,847.00

Counsel

Expenditure	Amount
Number of direct briefs to male counsel	79
Number of direct briefs to female counsel	63
Total number of direct briefs to counsel	142
Number of indirect briefs to male counsel	0
Number of indirect briefs to female counsel	0
Total number of indirect briefs to counsel	0
Total value of briefs to male counsel (including direct briefs)	$7,623,487.00
Total value of briefs to female counsel (including direct briefs)	$3,677,288.00
Total value of briefs to counsel (A)	$11,300,775.00

Disbursements

Expenditure	Amount
Total value of disbursements (excluding counsel) (B)	$2,260,527.00

Professional fees

Expenditure	Amount
Total value of professional fees paid (C)	$6,890,545.00

Notes: Figures are calculated on an accrual basis.

This is a statement of legal services expenditure by ASIC for 2015-2016 published in compliance with paragraph 11.1 (ba) of the Legal Services Directions 2005.

Note: All 2015-2016 figures are exclusive of GST.

Totals

Expenditure	Amount
Total external legal services expenditure	$18,588,777.16
Total internal legal services expenditure	$58,617,945.00
Total (external + internal) legal services expenditure	$77,206,722.16

Summary of external legal services expenditure

Expenditure	Amount
Total value of briefs to Counsel (A)	$11,010,990.23
Total value of disbursements (excluding counsel) (B)	$1,729,268.93
Total value of professional fees paid (C)	$5,848,518.00
Total external legal services expenditure (A + B + C)	$18,588,777.16

Counsel

Expenditure	Amount
Number of direct briefs to male counsel	132
Number of direct briefs to female counsel	90
Total number of direct briefs to counsel	222
Number of indirect briefs to male counsel	3
Number of indirect briefs to female counsel	3
Total number of indirect briefs to counsel	6
Total value of briefs to male counsel (including direct briefs)	$8,269,245.38
Total value of briefs to female counsel (including direct briefs)	$2,741,744.85
Total value of briefs to counsel (A)	$11,010,990.23

Disbursements

Expenditure	Amount
Total value of disbursements (excluding counsel) (B)	$1,729,268.93

Professional fees

Expenditure	Amount
Total value of professional fees paid (C)	$5,858,377.22

Notes: Figures are calculated on an accrual basis.

This is a statement of legal services expenditure by ASIC for 2014-2015 published in compliance with paragraph 11.1 (ba) of the Legal Services Directions 2005.

Note: All 2014-2015 figures are exclusive of GST.

Totals

Expenditure	Amount
Total external legal services expenditure	$8,880,550.53
Total internal legal services expenditure	$53,851,308.00
Total (external + internal) legal services expenditure	$62,731,858.53

Summary of external legal services expenditure

Expenditure	Amount
Total value of briefs to Counsel (A)	$5,462,551.97
Total value of disbursements (excluding counsel) (B)	$873,586.76
Total value of professional fees paid (C)	$2,544,411.80
Total external legal services expenditure (A + B + C)	$8,880,550.53

Counsel

Expenditure	Amount
Number of direct briefs to male counsel	116
Number of direct briefs to female counsel	57
Total number of direct briefs to counsel	173
Number of indirect briefs to male counsel	2
Number of indirect briefs to female counsel	0
Total number of indirect briefs to counsel	2
Total value of briefs to male counsel (including direct briefs)	$4,277,598.15
Total value of briefs to female counsel (including direct briefs)	$1,184,953.82
Total value of briefs to counsel (A)	$5,462,551.97

Disbursements

Expenditure	Amount
Total value of disbursements (excluding counsel) (B)	$873,586.76

Professional fees

Expenditure	Amount
Total value of professional fees paid (C)	$2,544,411.80

Notes: Figures are calculated on an accrual basis.

This is a statement of legal services expenditure by ASIC for 2013-2014 published in compliance with paragraph 11.1 (ba) of the Legal Services Directions 2005.

Note: All 2013-2014 figures are exclusive of GST.

Totals

Expenditure	Amount
Total external legal services expenditure	$7,777,651
Total internal legal services expenditure	$59,571,105
Total (external + internal) legal services expenditure	$67,348,756

Summary of external legal services expenditure

Expenditure	Amount
Total value of briefs to Counsel (A)	$4,979,404
Total value of disbursements (excluding counsel) (B)	$49,045
Total value of professional fees paid (C)	$2,749,202
Total external legal services expenditure (A + B + C)	$7,777,651

Counsel

Expenditure	Amount
Number of direct briefs to male counsel	110
Number of direct briefs to female counsel	27
Total number of direct briefs to counsel	137
Number of indirect briefs to male counsel	0
Number of indirect briefs to female counsel	0
Total number of indirect briefs to counsel	0
Total value of briefs to male counsel (including direct briefs)	$4,204,173
Total value of briefs to female counsel (including direct briefs)	$775,231
Total value of briefs to counsel (A)	$4,979,404

Disbursements

Expenditure	Amount
Total value of disbursements (excluding counsel) (B)	$49,045

Professional fees

Expenditure	Amount
Total value of professional fees paid (C)	$2,749,202

Notes: Figures are calculated on an accrual basis.

This is a statement of legal services expenditure by ASIC for 2012-2013 published in compliance with paragraph 11.1 (ba) of the Legal Services Directions 2005.

Note: All 2012-2013 figures are inclusive of GST.

Totals

Expenditure	Amount
Total costs recovered	$2,686,368
Total external legal services expenditure	$16,959,150
Total internal legal services expenditure	$57,692,484
Total (external + internal) legal services expenditure	$74,651,634

Summary of external legal services expenditure

Expenditure	Amount
Total value of briefs to Counsel (A)	$9,465,525
Total value of disbursements (excluding counsel) (B)	$201,013
Total value of professional fees paid (C)	$7,292,613
Total external legal services expenditure (A + B + C)	$16,959,150

Counsel

Expenditure	Amount
Number of briefs to male counsel	90
Number of briefs to female counsel	25
Total number of briefs to counsel	115
Number of direct briefs to male counsel	88
Number of direct briefs to female counsel	23
Total number of direct briefs to counsel	111
Total value of briefs to male counsel (including direct briefs)	$8,670,427
Total value of briefs to female counsel (including direct briefs)	$795,097
Total value of briefs to counsel (A)	$9,465,525

Disbursements

Expenditure	Amount
Total value of disbursements (excluding counsel) (B)	$201,013

Professional fees

Expenditure	Amount
Total value of professional fees paid (C)	$7,292,613

Notes: Figures are calculated on an accrual basis.

This is a statement of legal services expenditure by ASIC for 2011-2012 published in compliance with paragraph 11.1 (ba) of the Legal Services Directions 2005.

Note: All 2011-2012 figures are inclusive of GST.

Totals

Expenditure	Amount
Total costs recovered	$3,450,094.17
Total external legal services expenditure	$13,939,997.22
Total internal legal services expenditure	$67,495,151.00
Total (external + internal) legal services expenditure	$81,435,148.22

Summary of external legal services expenditure

Expenditure	Amount
Total value of briefs to Counsel (A)	$6,934,995.31
Total value of disbursements (excluding counsel) (B)	$672,969.21
Total value of professional fees paid (C)	6,332,032.70
Total external legal services expenditure (A + B + C)	$13,939,997.22

Counsel

Expenditure	Amount
Number of briefs to male counsel	108
Number of briefs to female counsel	19
Total number of briefs to counsel	127
Number of direct briefs to male counsel	108
Number of direct briefs to female counsel	19
Total number of direct briefs to counsel	127
Total value of briefs to male counsel (including direct briefs)	$6,025,238.71
Total value of briefs to female counsel (including direct briefs)	$909,756.60
Total value of briefs to counsel (A)	$ 6,934,995.31

Disbursements

Expenditure	Amount
Total value of disbursements (excluding counsel) (B)	$672,969.21

Professional fees

Expenditure	Amount
Total value of professional fees paid (C)	$6,332,032.70

Notes: Figures are calculated on an accrual basis.

This is a statement of legal services expenditure by ASIC for 2010-2011 published in compliance with paragrayes noph 11.1 (ba) of the Legal Services Directions 2005.

Note: All 2010-2011 figures are inclusive of GST.

Summary

Expenditure	Amount
Total external legal services expenditure	$20,332,012.03
Total number of Counsel briefed	159
Total number of Counsel direct briefed	159
Total value of Counsel briefs	$9,416,240.45
Total of disbursements (excl Counsel)	$1,036,975.03
Total of professional fees paid	$9,878,796.55
Total internal legal services expenditure	$52,243,619.49
Total costs recovered	$656,059.16

External legal services expenditure (inclusive of GST)

Counsel

Expenditure	Amount
Total number of Counsel briefed	159
Male counsel briefed	121
Female counsel briefed	38
Total number of Counsel direct briefed	159
Male counsel direct briefed	121
Female counsel direct briefed	38
Total value of Counsel briefs	$9,416,240.45
Male counsel briefs	$7,284,916.13
Female counsel briefs	$2,131,324.32
Disbursements (excluding Counsel)	$1,036,975.03
Professional fees	$9,878,796.55

Notes: Figures are calculated on an accrual basis.

This is a statement of legal services expenditure by ASIC for 2009-2010 published in compliance with paragraph 11.1 (ba) of the Legal Services Directions 2005.

Note: All 2009-2010 figures are inclusive of GST.

Summary

Expenditure	Amount
Total external legal services expenditure	$30,505,598
Total number of Counsel briefed	211
Total number of Counsel direct briefed	202
Total value of Counsel briefs	$13,775,132
Total of disbursements (excl Counsel)	$1,721,063
Total of professional fees paid	$15,009,403
Total internal legal services expenditure	$50,222,536
Total costs recovered	$1,626,917

External legal services expenditure (inclusive of GST)

Counsel

Expenditure	Amount
Total number of Counsel briefed	211
Male counsel briefed	159
Female counsel briefed	52
Total number of Counsel direct briefed	202
Male counsel direct briefed	153
Female counsel direct briefed	49
Total value of Counsel briefs	$13,775,132
Male counsel briefs	$9,919,189
Female counsel briefs	$3,855,943
Disbursements (excluding Counsel)	$1,721,063
Professional fees	$15,009,403

Notes: Figures are calculated on an accrual basis.

This is a statement of legal services expenditure by ASIC for 2008-2009 published in compliance with paragraph 11.1 (ba) of the Legal Services Directions 2005.

Note: All 2008-2009 figures are inclusive of GST.

Summary

Expenditure	Amount
Total external legal services expenditure	$27,522,583
Total number of Counsel briefed	200
Total number of Counsel direct briefed	184
Total value of Counsel briefs	$11,542,089
Total of disbursements (excl Counsel)	$2,021,882
Total of professional fees paid	$13,958,612
Total internal legal services expenditure	$43,280,443
Total costs recovered	$1,754,033

External legal services expenditure

Counsel

Expenditure	Amount
Total number of Counsel briefed	200
Male counsel briefed	163
Female counsel briefed	37
Total number of Counsel direct briefed	184
Male counsel direct briefed	149
Female counsel direct briefed	35
Total value of Counsel briefs	$11,542,089
Male counsel briefs	$9,849,717
Female counsel briefs	$1,692,372
Disbursements (excluding Counsel)	$2,021,882

Note: Figures are calculated on an accrual basis.

This is a statement of legal services expenditure by ASIC for 2007-2008 published in compliance with paragraph 11.1 (ba) of the Legal Services Directions 2005.

Expenditure	$	$	$
Total legal services expenditure			54,755,074
Total external legal services expenditure			16,878,136
External expenditure on solicitors		10,052,070
Solicitors' professional fees	9,362,772
Solicitors' disbursements (excluding counsel fees)	689,298
External expenditure on counsel		6,826,066
Value of briefs to male counsel*	5,594,213
Value of briefs to female counsel**	1,231,853
Total internal legal services expenditure			37,876,938
Salaries		20,185,237
Salary related overheads		5,256,358
Overheads		12,435,343

* Number of male counsel briefed: 174
** Number of female counsel briefed: 34

Notes:

Figures are calculated on an accrual basis.
Changes to the format and content of reporting between 2007-2008 and subsequent years arise from changes to the guidance issued to Commonwealth Government agencies on reporting under the Legal Services Directions 2005.
The basis of reporting for 2007-2008 differs from the basis of reporting for subsequent years in the following respects:

(a) Reporting for 2007-2008 does not include GST.

(b) Reporting for 2008-2009 does not include the cost of air travel.

ASIC's legal expenditure