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Legal Services in Europe

Publisher MarketLine
Published Jan 02, 2025
Length 43 Pages
SKU # MTLN19879981

Description

Legal Services in Europe

Summary

Legal Services in Europe industry profile provides top-line qualitative and quantitative summary information including: market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights
  • Legal services market refers to the industry that involves professionals and firms offering legal counsel, support, and representation in different areas of law. Industry scope covers a wide range of legal fields such as commercial, criminal, family, labor, taxation, insolvency, legal aid, and other specialized areas, catering to the diverse needs of clients seeking legal support. Market value refers to the revenue generated by law firms in a year for the services they provide, including all relevant taxes. Market volume represents the total number of legal professionals in a country during a specific year.
  • The European legal services market recorded revenues of $232.3 billion in 2024, representing a compound annual growth rate (CAGR) of 5.0% between 2019 and 2024.
  • Market consumption volume increased with a CAGR of 2.1% between 2019 and 2024, to reach a total of 1,436.9 thousand personnel in 2024.
  • The European legal services market accounts for 26.4% of the global market in 2024.
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
Reasons to Buy
  • What was the size of the Europe legal services market by value in 2024?
  • What will be the size of the Europe legal services market in 2029?
  • 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?

Table of Contents

43 Pages
1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Geography segmentation
1.4. Market rivalry
1.5. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
4 Market Segmentation
4.1. Geography segmentation
5 Market Outlook
5.1. Market value 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 are the strengths and strategies of the players?
7.3. What have been the most recent market developments?
8 Company Profiles
8.1. Linklaters LLP
8.2. Clifford Chance LLP
8.3. Freshfields Bruckhaus Deringer LLP
8.4. Allen & Overy LLP
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, 2019-24
Table 2: Europe legal services market geography segmentation: $ billion, 2024
Table 3: Europe legal services market value forecast: $ billion, 2024-29
Table 4: Linklaters LLP: Key Facts
Table 5: Linklaters LLP: Key Employees
Table 6: Clifford Chance LLP: Key Facts
Table 7: Clifford Chance LLP: Key Employees
Table 8: Clifford Chance LLP: Key Employees Continued
Table 9: Freshfields Bruckhaus Deringer LLP: Key Facts
Table 10: Freshfields Bruckhaus Deringer LLP: Key Employees
Table 11: Allen & Overy LLP: Key Facts
Table 12: Allen & Overy LLP: Key Employees
Table 13: Allen & Overy LLP: Key Employees Continued
Table 14: Europe Size of Population (Million), 2020-24
Table 15: Europe Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 16: Europe GDP (Current Prices, $ Billion), 2020-24
Table 17: Europe Inflation, 2020-24
Table 18: Europe Consumer Price Index (Absolute), 2020-24
Table 19: Europe Exchange Rate, 2019-24
List of Figures
Figure 1: Europe legal services market value: $ billion, 2019-24
Figure 2: Europe legal services market geography segmentation: % share, by value, 2024
Figure 3: Europe legal services market value forecast: $ billion, 2024-29
Figure 4: Forces driving competition in the legal services market in Europe, 2024
Figure 5: Drivers of buyer power in the legal services market in Europe, 2024
Figure 6: Drivers of supplier power in the legal services market in Europe, 2024
Figure 7: Factors influencing the likelihood of new entrants in the legal services market in Europe, 2024
Figure 8: Factors influencing the threat of substitutes in the legal services market in Europe, 2024
Figure 9: Drivers of degree of rivalry in the legal services market in Europe, 2024

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