Global Legal Services

Legal Services - Global Market Research Report and Forecast to 2023

Summary

Global Legal Services industry profile provides top-line qualitative and quantitative summary information including 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.

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, leading companies, and macroeconomic information.

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, 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 by both value and volume

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?
- How large is the global’s legal services market in relation to its regional counterparts?

Leading Companies

Baker & McKenzie LLP
Freshfields Bruckhaus Deringer LLP
Nishimura & Asahi
  

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
  


List Of Tables

Table 1: Global legal services market value: $ million, 2014-18
Table 2: Global legal services market volume: thousand legal professionals, 2014-18
Table 3: Global legal services market geography segmentation: $ million, 2018
Table 4: Global legal services market value forecast: $ million, 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

Figure 1: Global legal services market value: $ million, 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: $ million, 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
  


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