Law Firms in Ohio
The Law Firms industry in Ohio serves the needs to diverse downstream clients, including households and individuals, corporations, government agencies, entrepreneurs and start-ups. Industry operators provide their expert knowledge on a wide range of topics including environmental law, family law, employment and labor law, and corporate law. Therefore, the necessity of services, diversity of demand and lack of substitutes has contributed to the industry's steady performance. However, stronger growth has been mitigated by the increasing use of inexpensive, oftentimes free, online legal aid and resources, as well as large corporations switching to in-house lawyers rather than outsourcing. Over the five years to 2023, the number of businesses in Ohio is anticipated to grow at a slower rate than the previous five-year period. Additionally, increases in corporate profit and initial public offerings at the national level are anticipated to aid law firms in Ohio, as many of them cater to clients that operate on a national scale.
This industry comprises offices of legal practitioners, known as lawyers or attorneys, who primarily practice law. Establishments provide expertise on a range of areas or specific areas of law, such as criminal, corporate, family and estate, patent, real estate or tax.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.Download eBook