Legal Services in Australia - Marketline

Legal Services in Australia
 
 Summary
 
 Legal Services in Australia 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 Australian legal services market had total revenues of $15.8bn in 2018, representing a compound annual growth rate (CAGR) of 0.9% between 2014 and 2018.
 - Market volume increased with a CAGR of 4.7% between 2014 and 2018, to reach a total of 79,700 legal professionals in 2018.
 - The rise of freelance lawyers has helped to reduce, if not eliminate, barriers for workers to get into the market, creating an increase in legal professionals.
 
 Scope
 
 - Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the legal services market in Australia
 - Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the legal services market in Australia
 - 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 Australia legal services market with five year forecasts
 
 Reasons to Buy
 
 - What was the size of the Australia legal services market by value in 2018?
 - What will be the size of the Australia legal services market in 2023?
 - What factors are affecting the strength of competition in the Australia legal services market?
 - How has the market performed over the last five years?
 - What are the main segments that make up Australias legal services market?
  

 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
 Allens Operations Pty Ltd
 Ashurst LLP
 Herbert Smith Freehills LLP
 Minter Ellison Legal Group
 Macroeconomic Indicators
 Country data
 Methodology
 Industry associations
 Related MarketLine research
 Appendix
 About MarketLine


List Of Tables

Table 1: Australia legal services market value: $ billion, 2014-18
Table 2: Australia legal services market volume: thousand legal professionals, 2014-18
Table 3: Australia legal services market geography segmentation: $ billion, 2018
Table 4: Australia legal services market value forecast: $ billion, 2018-23
Table 5: Australia legal services market volume forecast: thousand legal professionals, 2018-23
Table 6: Allens Operations Pty Ltd: key facts
Table 7: Ashurst LLP: key facts
Table 8: Herbert Smith Freehills LLP: key facts
Table 9: Minter Ellison Legal Group: key facts
Table 10: Australia size of population (million), 2014-18
Table 11: Australia gdp (constant 2005 prices, $ billion), 2014-18
Table 12: Australia gdp (current prices, $ billion), 2014-18
Table 13: Australia inflation, 2014-18
Table 14: Australia consumer price index (absolute), 2014-18
Table 15: Australia exchange rate, 2014-18" "List of Figures
 


List Of Figures

Figure 1: Australia legal services market value: $ billion, 2014-18
Figure 2: Australia legal services market volume: thousand legal professionals, 2014-18
Figure 3: Australia legal services market geography segmentation: % share, by value, 2018
Figure 4: Australia legal services market value forecast: $ billion, 2018-23
Figure 5: Australia legal services market volume forecast: thousand legal professionals, 2018-23
Figure 6: Forces driving competition in the legal services market in Australia, 2018
Figure 7: Drivers of buyer power in the legal services market in Australia, 2018
Figure 8: Drivers of supplier power in the legal services market in Australia, 2018
Figure 9: Factors influencing the likelihood of new entrants in the legal services market in Australia, 2018
Figure 10: Factors influencing the threat of substitutes in the legal services market in Australia, 2018
Figure 11: Drivers of degree of rivalry in the legal services market in Australia, 2018

Companies Mentioned

Allens Operations Pty Ltd
Ashurst LLP
Herbert Smith Freehills LLP
Minter Ellison Legal Group


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