Updated 6 April 2020

The ASX All Ordinaries is down around 29% off its peak in February 2020 as at 26 March 2020 and 27% as at 6 April 2020. For a little over one month it has been in sharp decline but it seems to have found a floor.

Let’s take a look at some listed companies that are connected to the legal sector:

Comparison of share price as at 26 March 2020 compared to 20 February 2020. Updated value shows per cent change from 20 February 2020 to 6 April 2020.

Legal Services

Shine Lawyers: share price at 26 March 2020 down 21.7%. At 6 April 2020 down 15.1%. A significant improvement since 26 March 2020.

Slater & Gordon: share price at 26 March 2020 down 26.1%. At 6 April 2020 down 49.7%. Worsened.

Australian Family Lawyers: share price at 26 March 2020 down 37.9%. At 6 April 2020 down 13.8%. Improvement.

Intellectual Property Services

IPH Limited: share price at 26 March 2020 down 30.3%. At 6 April 2020 down 25.2%. Improvement.

QANTM IP: share price at 26 March 2020 down 24%. At 6 April 2020 down 24.8%. Stable.

Other

LINK: share price down at 26 March 2020 down 48.7% (major shareholder of PEXA). At 6 April 2020 down 50%. Worsened.

TheDocyard: share price at 26 March 2020 down 51% (recently listed legal tech company). At 6 April 2020 down 37.5%. Improvement.