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Global Legal Services

Global Legal Services

Summary

Global Legal Services industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2013-17, and forecast to 2022). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

synopsis

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 commercial, criminal, legal aid, insolvency, labor/industrial, family and taxation law.
  • The global legal services market had total revenues of $633.7bn in 2017, representing a compound annual growth rate (CAGR) of 2.8% between 2013 and 2017.
  • Market volume increased with a CAGR of 3.5% between 2013 and 2017, to reach a total of 6.9 million legal professionals in 2017.
  • Mergers and acquisitions are creating larger, more effective companies; it is likely that in the future clients will work with fewer firms but have a more developed, deep-rooted relationship with each.
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 2017?
  • What will be the size of the Global legal services market in 2022?
  • 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?


Executive Summary 2
Market value 2
Market value forecast 2
Market volume 2
Market volume forecast 2
Geography segmentation 2
Market rivalry 2
Market Overview 7
Market definition 7
Market analysis 7
Market Data 9
Market value 9
Market volume 10
Market Segmentation 11
Geography segmentation 11
Market Outlook 12
Market value forecast 12
Market volume forecast 13
Five Forces Analysis 14
Summary 14
Buyer power 16
Supplier power 17
New entrants 18
Threat of substitutes 20
Degree of rivalry 21
Leading Companies 22
Baker & McKenzie LLP 22
Clifford Chance LLP 24
Linklaters LLP 26
Skadden, Arps, Slate, Meagher & Flom LLP and Affiliates 27
Methodology 29
Industry associations 30
Related MarketLine research 30
Appendix 31
About MarketLine 31
List of Tables
Table 1: Global legal services market value: $ billion, 2013-17
Table 2: Global legal services market volume: million legal professionals, 2013-17
Table 3: Global legal services market geography segmentation: $ billion, 2017
Table 4: Global legal services market value forecast: $ billion, 2017-22
Table 5: Global legal services market volume forecast: million legal professionals, 2017-22
Table 6: Baker & McKenzie LLP: key facts
Table 7: Clifford Chance LLP: key facts
Table 8: Linklaters LLP: key facts
Table 9: Skadden, Arps, Slate, Meagher & Flom LLP and Affiliates: key facts
List of Figures
Figure 1: Global legal services market value: $ billion, 2013-17
Figure 2: Global legal services market volume: million legal professionals, 2013-17
Figure 3: Global legal services market geography segmentation: % share, by value, 2017
Figure 4: Global legal services market value forecast: $ billion, 2017-22
Figure 5: Global legal services market volume forecast: million legal professionals, 2017-22
Figure 6: Forces driving competition in the global legal services market, 2017
Figure 7: Drivers of buyer power in the global legal services market, 2017
Figure 8: Drivers of supplier power in the global legal services market, 2017
Figure 9: Factors influencing the likelihood of new entrants in the global legal services market, 2017
Figure 10: Factors influencing the threat of substitutes in the global legal services market, 2017
Figure 11: Drivers of degree of rivalry in the global legal services market, 2017

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