Summary

Legal Services Global Industry Guide 2019-2028

Summary

Global Legal Services industry profile provides top-line qualitative and quantitative summary information including: market size (value 2019-23, and forecast to 2028). 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 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 in the country.
- All market data and forecasts are adjusted for inflation and all currency conversions used in the creation of this report have been calculated using yearly annual average exchange rates.
- The global legal services market recorded revenues of $746 billion in 2023, representing a compound annual growth rate (CAGR) of 2.8% between 2018 and 2023.
- Market consumption volume increased with a CAGR of 3.4% between 2018 and 2023, to reach a total of 10,830.5 thousand personnel in 2023.
- As per GlobalData, the US held a 48.0% stake in the global legal services market in 2023, followed by Europe at 23.8%, Asia-Pacific at 15.5% and the Middle East at 1.1%.

Scope

- Save time carrying out entry-level research by identifying the size, growth, major segments, 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

Reasons to Buy

- What was the size of the global legal services market by value in 2023?
- What will be the size of the global legal services market in 2028?
- 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 legal services market?

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Table of Contents

Table of Contents
1 EXECUTIVE SUMMARY
1.1. Market value
1.2. Market value forecast
1.3. Geography segmentation
1.4. Competitive landscape
2 Introduction
2.1. What is this report about?
2.2. Who is the target reader?
2.3. How to use this report
2.4. Definitions
3 Global Legal Services
3.1. Market Overview
3.2. Market Data
3.3. Market Segmentation
3.4. Market outlook
3.5. Five forces analysis
4 Macroeconomic Indicators
4.1. Country data
5 Legal Services in Asia-Pacific
5.1. Market Overview
5.2. Market Data
5.3. Market Segmentation
5.4. Market outlook
5.5. Five forces analysis
6 Legal Services in Europe
6.1. Market Overview
6.2. Market Data
6.3. Market Segmentation
6.4. Market outlook
6.5. Five forces analysis
7 Macroeconomic Indicators
7.1. Country data
8 Legal Services in Japan
8.1. Market Overview
8.2. Market Data
8.3. Market Segmentation
8.4. Market outlook
8.5. Five forces analysis
9 Macroeconomic Indicators
9.1. Country data
10 Legal Services in The United Kingdom
10.1. Market Overview
10.2. Market Data
10.3. Market Segmentation
10.4. Market outlook
10.5. Five forces analysis
11 Macroeconomic Indicators
11.1. Country data
12 Legal Services in The United States
12.1. Market Overview
12.2. Market Data
12.3. Market Segmentation
12.4. Market outlook
12.5. Five forces analysis
13 Macroeconomic Indicators
13.1. Country data
14 Legal Services in France
14.1. Market Overview
14.2. Market Data
14.3. Market Segmentation
14.4. Market outlook
14.5. Five forces analysis
15 Macroeconomic Indicators
15.1. Country data
16 Legal Services in Germany
16.1. Market Overview
16.2. Market Data
16.3. Market Segmentation
16.4. Market outlook
16.5. Five forces analysis
17 Macroeconomic Indicators
17.1. Country data
18 Company Profiles
18.1. Kirkland & Ellis LLP
18.2. Latham & Watkins LLP
18.3. Baker & McKenzie LLP
18.4. Clifford Chance LLP
18.5. Herbert Smith Freehills
18.6. Dentons UK and Middle East LLP
18.7. Mori Hamada & Matsumoto
18.8. TMI Associates
18.9. Nagashima Ohno & Tsunematsu
18.10. Linklaters LLP
18.11. Skadden, Arps, Slate, Meagher & Flom LLP and Affiliates
18.12. Allen & Overy LLP
18.13. Gide Loyrette Nouel
18.14. Bredin Prat & Associates
18.15. Hengeler Mueller Partnerschaft von Rechtsanwalten mbB
18.16. Taylor Wessing LLP
18.17. Noerr LLP
18.18. Freshfields Bruckhaus Deringer LLP
19 Appendix
19.1. Methodology
19.2. About MarketLine