Global Legal Services
Summary
Global Legal Services industry profile provides top-line qualitative and quantitative summary information including: market size (value 2014-18, and forecast to 2023). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The legal services market includes practitioners of law operating in every sector of the legal spectrum. These include, but are not limited to, commercial, criminal, legal aid, insolvency, labor/industrial, family and taxation law.
- The global legal services market had total revenues of $668.7bn in 2018, representing a compound annual growth rate (CAGR) of 3.4% between 2014 and 2018.
- Market volume increased with a CAGR of 3.7% between 2014 and 2018, to reach a total of 7.2 million legal professionals in 2018.
- The US legal services market is the largest in the world, accounting for 47% of global revenue in 2018 and owning most of the largest global firms.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the legal services market in the global
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the globallegal 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
Reasons to Buy
- What was the size of the Global legal services market by value in 2018?
- What will be the size of the Global legal services market in 2023?
- What factors are affecting the strength of competition in the Global legal services market?
- How has the market performed over the last five years?
- What are the main segments that make up the global's legal services market?
Table of Contents
Executive Summary
Market value
Market value forecast
Market volume
Market volume forecast
Geography segmentation
Market rivalry
Market Overview
Market definition
Market analysis
Market Data
Market value
Market volume
Market Segmentation
Geography segmentation
Market Outlook
Market value forecast
Market volume forecast
Five Forces Analysis
Summary
Buyer power
Supplier power
New entrants
Threat of substitutes
Degree of rivalry
Leading Companies
Baker & McKenzie LLP
Freshfields Bruckhaus Deringer LLP
Nishimura & Asahi
Methodology
Industry associations
Related MarketLine research
Appendix
About MarketLine
List of Tables
List of Tables
Table 1: Global legal services market value: $ billion, 2014-18
Table 2: Global legal services market volume: thousand legal professionals, 2014-18
Table 3: Global legal services market geography segmentation: $ billion, 2018
Table 4: Global legal services market value forecast: $ billion, 2018-23
Table 5: Global legal services market volume forecast: thousand legal professionals, 2018-23
Table 6: Baker & McKenzie LLP: key facts
Table 7: Freshfields Bruckhaus Deringer LLP: key facts
Table 8: Nishimura & Asahi: key facts
List of Figures
List of Figures
Figure 1: Global legal services market value: $ billion, 2014-18
Figure 2: Global legal services market volume: thousand legal professionals, 2014-18
Figure 3: Global legal services market geography segmentation: % share, by value, 2018
Figure 4: Global legal services market value forecast: $ billion, 2018-23
Figure 5: Global legal services market volume forecast: thousand legal professionals, 2018-23
Figure 6: Forces driving competition in the global legal services market, 2018
Figure 7: Drivers of buyer power in the global legal services market, 2018
Figure 8: Drivers of supplier power in the global legal services market, 2018
Figure 9: Factors influencing the likelihood of new entrants in the global legal services market, 2018
Figure 10: Factors influencing the threat of substitutes in the global legal services market, 2018
Figure 11: Drivers of degree of rivalry in the global legal services market, 2018
Baker & McKenzie LLP
Freshfields Bruckhaus Deringer LLP
Nishimura & Asahi
*If Applicable.