Legal Services in Germany industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2012-16, and forecast to 2021). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
SynopsisEssential resource for top-line data and analysis covering the Germany legal services market. Includes market size data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.
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 German legal services market had total revenues of $23.1bn in 2016, representing a compound annual growth rate (CAGR) of 1.7% between 2012 and 2016.
Market consumption volume increased with a CAGR of 0.4% between 2012 and 2016, to reach a total of 163.8 thousand legal professionals in 2016.
The German Federal Bar Association (Bundesrechtsanwaltskammer) plays an important role in the legal services market. When UK firms wanted to be reclassified, the Bar Association prevented the move from occurring. However, the European Union is seeking further ways to increase liberalization to increase competition.
Save time carrying out entry-level research by identifying the size, growth, and leading players in the legal services market in Germany
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Leading company profiles reveal details of key legal services market players’ global operations and financial performance
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What was the size of the Germany legal services market by value in 2016?
What will be the size of the Germany legal services market in 2021?
What factors are affecting the strength of competition in the Germany legal services market?
How has the market performed over the last five years?
How large is Germany’s legal services market in relation to its regional counterparts?