Legal Services in Asia-Pacific
Summary
Legal Services in Asia-Pacific industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 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 Asia-Pacific legal services market had total revenues of $103.3bn in 2018, representing a compound annual growth rate (CAGR) of 5.9% between 2014 and 2018.
- Market volume increased with a CAGR of 4.8% between 2014 and 2018, to reach a total of 2.6 million legal professionals in 2018.
- Liberalization has created opportunities for more legal professionals across the Asia-Pacific region, as movement between countries has been made easier
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the legal services market in Asia-Pacific
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the legal services market in Asia-Pacific
- 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 Asia-Pacific legal services market with five year forecasts by both value and volume
Reasons to Buy
- What was the size of the Asia-Pacific legal services market by value in 2018?
- What will be the size of the Asia-Pacific legal services market in 2023?
- What factors are affecting the strength of competition in the Asia-Pacific legal services market?
- How has the market performed over the last five years?
- Who are the top competitiors in Asia-Pacific'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
Clifford Chance LLP
Herbert Smith Freehills LLP
Nishimura & Asahi
Methodology
Industry associations
Related MarketLine research
Appendix
About MarketLine
List of Tables
List of Tables
Table 1: Asia-Pacific legal services market value: $ billion, 2014-18
Table 2: Asia-Pacific legal services market volume: thousand legal professionals, 2014-18
Table 3: Asia-Pacific legal services market geography segmentation: $ billion, 2018
Table 4: Asia-Pacific legal services market value forecast: $ billion, 2018-23
Table 5: Asia-Pacific legal services market volume forecast: thousand legal professionals, 2018-23
Table 6: Baker & McKenzie LLP: key facts
Table 7: Clifford Chance LLP: key facts
Table 8: Herbert Smith Freehills LLP: key facts
Table 9: Nishimura & Asahi: key facts
List of Figures
List of Figures
Figure 1: Asia-Pacific legal services market value: $ billion, 2014-18
Figure 2: Asia-Pacific legal services market volume: thousand legal professionals, 2014-18
Figure 3: Asia-Pacific legal services market geography segmentation: % share, by value, 2018
Figure 4: Asia-Pacific legal services market value forecast: $ billion, 2018-23
Figure 5: Asia-Pacific legal services market volume forecast: thousand legal professionals, 2018-23
Figure 6: Forces driving competition in the legal services market in Asia-Pacific, 2018
Figure 7: Drivers of buyer power in the legal services market in Asia-Pacific, 2018
Figure 8: Drivers of supplier power in the legal services market in Asia-Pacific, 2018
Figure 9: Factors influencing the likelihood of new entrants in the legal services market in Asia-Pacific, 2018
Figure 10: Factors influencing the threat of substitutes in the legal services market in Asia-Pacific, 2018
Figure 11: Drivers of degree of rivalry in the legal services market in Asia-Pacific, 2018
Baker & McKenzie LLP
Clifford Chance LLP
Herbert Smith Freehills LLP
Nishimura & Asahi
*If Applicable.