Legal Services in Europe

Legal Services in Europe

Summary

Legal Services in Europe industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2016-20, and forecast to 2025). 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 European legal services market is expected to generate total revenues of $167.0bn in 2020, representing a compound annual growth rate (CAGR) of 2.4% between 2016 and 2020.
  • Market volume is forecast to increase with a CAGR of 1.8% between 2016 and 2020, to reach a total of 1.25 million legal professionals in 2020.
  • The UK is the largest legal services market in Europe with a 27.6% market share in 2020 and is second only to the US globally.
Scope
  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the legal services market in Europe
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the legal services market in Europe
  • 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 Europe legal services market with five year forecasts by both value and volume
Reasons to Buy
  • What was the size of the Europe legal services market by value in 2020?
  • What will be the size of the Europe legal services market in 2025?
  • What factors are affecting the strength of competition in the Europe legal services market?
  • How has the market performed over the last five years?
  • What are the main segments that make up Europe's legal services market?


1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Geography segmentation
1.6. Market rivalry
1.7. Competitive Landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
3.2. Market volume
4 Market Segmentation
4.1. Geography segmentation
5 Market Outlook
5.1. Market value forecast
5.2. Market volume forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What strategies do the leading players follow?
7.3. Which alternative legal services providers are competing with leading players?
8 Company Profiles
8.1. Freshfields Bruckhaus Deringer LLP
8.2. Baker & McKenzie LLP
8.3. Clifford Chance LLP
8.4. Allen & Overy LLP
8.5. Mannheimer Swartling Advokatbyra AB
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
List of Tables
Table 1: Europe legal services market value: $ billion, 2016-20(e)
Table 2: Europe legal services market volume: thousand legal professionals, 2016-20(e)
Table 3: Europe legal services market geography segmentation: $ billion, 2020(e)
Table 4: Europe legal services market value forecast: $ billion, 2020-25
Table 5: Europe legal services market volume forecast: thousand legal professionals, 2020-25
Table 6: Freshfields Bruckhaus Deringer LLP: key facts
Table 7: Freshfields Bruckhaus Deringer LLP: Key Employees
Table 8: Baker & McKenzie LLP: key facts
Table 9: Baker & McKenzie LLP: Key Employees
Table 10: Baker & McKenzie LLP: Key Employees Continued
Table 11: Baker & McKenzie LLP: Key Employees Continued
Table 12: Baker & McKenzie LLP: Key Employees Continued
Table 13: Clifford Chance LLP: key facts
Table 14: Clifford Chance LLP: Key Employees
Table 15: Allen & Overy LLP: key facts
Table 16: Allen & Overy LLP: Key Employees
Table 17: Allen & Overy LLP: Key Employees Continued
Table 18: Mannheimer Swartling Advokatbyra AB: key facts
Table 19: Mannheimer Swartling Advokatbyra AB: Key Employees
Table 20: Mannheimer Swartling Advokatbyra AB: Key Employees Continued
Table 21: Europe size of population (million), 2016-20
Table 22: Europe gdp (constant 2005 prices, $ billion), 2016-20
Table 23: Europe gdp (current prices, $ billion), 2016-20
Table 24: Europe inflation, 2016-20
Table 25: Europe consumer price index (absolute), 2016-20
Table 26: Europe exchange rate, 2015-19
List of Figures
Figure 1: Europe legal services market value: $ billion, 2016-20(e)
Figure 2: Europe legal services market volume: thousand legal professionals, 2016-20(e)
Figure 3: Europe legal services market geography segmentation: % share, by value, 2020(e)
Figure 4: Europe legal services market value forecast: $ billion, 2020-25
Figure 5: Europe legal services market volume forecast: thousand legal professionals, 2020-25
Figure 6: Forces driving competition in the legal services market in Europe, 2020
Figure 7: Drivers of buyer power in the legal services market in Europe, 2020
Figure 8: Drivers of supplier power in the legal services market in Europe, 2020
Figure 9: Factors influencing the likelihood of new entrants in the legal services market in Europe, 2020
Figure 10: Factors influencing the threat of substitutes in the legal services market in Europe, 2020
Figure 11: Drivers of degree of rivalry in the legal services market in Europe, 2020

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