Legal Services Global Industry Guide 2013-2022
Global Legal Services industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2013-17, and forecast to 2022). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Essential resource for top-line data and analysis covering the global legal services market. Includes market size data, textual and graphical analysis of market growth trends and leading companies.
- The legal services market includes practitioners of law operating in every sector of the legal spectrum. These include commercial, criminal, legal aid, insolvency, labor/industrial, family and taxation law.
- The market’s value is calculated as the total revenues received by law companies for services rendered. These values include all applicable taxes. Market volumes in this report refer to the total number of legal professionals.
- All currency conversions are calculated at constant average annual 2017 exchange rates.
- The global legal services market had total revenues of $633.7bn in 2017, representing a compound annual growth rate (CAGR) of 2.8% between 2013 and 2017.
- Market volume increased with a CAGR of 3.5% between 2013 and 2017, to reach a total of 6.9 million legal professionals in 2017.
- Mergers and acquisitions are creating larger, more effective companies; it is likely that in the future clients will work with fewer firms but have a more developed, deep-rooted relationship with each.
- Save time carrying out entry-level research by identifying the size, growth, and leading players in the global legal services market
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the global legal services market
- Leading company profiles reveal details of key legal services market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the global legal services market with five year forecasts by both value and volume
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- What was the size of the global legal services market by value in 2017?
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- What factors are affecting the strength of competition in the global legal services market?
- How has the market performed over the last five years?
- How large is the global legal services market in relation to its regional counterparts?