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Legal Services in Germany

Legal Services in Germany

Summary

Legal Services in Germany 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 Germany 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 German legal services market had total revenues of $24bn in 2017, representing a compound annual growth rate (CAGR) of 2% between 2013 and 2017.
  • Market volumes declined with a compound annual rate of change (CARC) of -0.1% between 2013 and 2017, to reach a total of 164,400 legal professionals in 2017.
  • Optimization will continue to drive the market, particularly in terms of technological advancements such as artificial intelligence which will augment processes and reduce costs in the long run.
Scope
  • Save time carrying out entry-level research by identifying the size, growth, and leading players in the legal services market in Germany
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the legal services market in Germany
  • 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 Germany legal services market with five year forecasts by both value and volume
Reasons to buy
  • What was the size of the Germany legal services market by value in 2017?
  • What will be the size of the Germany legal services market in 2022?
  • 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?


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 8
Market value 8
Market volume 9
Market Segmentation 10
Geography segmentation 10
Market Outlook 11
Market value forecast 11
Market volume forecast 12
Five Forces Analysis 13
Summary 13
Buyer power 14
Supplier power 15
New entrants 16
Threat of substitutes 17
Degree of rivalry 18
Leading Companies 19
Freshfields Bruckhaus Deringer LLP 19
Hengeler Mueller Partnerschaft von Rechtsanwalten mbB 21
Noerr LLP 23
Taylor Wessing LLP 25
Macroeconomic Indicators 27
Country data 27
Methodology 29
Industry associations 30
Related MarketLine research 30
Appendix 31
About MarketLine 31
List of Tables
Table 1: Germany legal services market value: $ billion, 2013-17
Table 2: Germany legal services market volume: thousand legal professionals, 2013-17
Table 3: Germany legal services market geography segmentation: $ billion, 2017
Table 4: Germany legal services market value forecast: $ billion, 2017-22
Table 5: Germany legal services market volume forecast: thousand legal professionals, 2017-22
Table 6: Freshfields Bruckhaus Deringer LLP: key facts
Table 7: Hengeler Mueller Partnerschaft von Rechtsanwalten mbB: key facts
Table 8: Noerr LLP: key facts
Table 9: Taylor Wessing LLP: key facts
Table 10: Germany size of population (million), 2013-17
Table 11: Germany gdp (constant 2005 prices, $ billion), 2013-17
Table 12: Germany gdp (current prices, $ billion), 2013-17
Table 13: Germany inflation, 2013-17
Table 14: Germany consumer price index (absolute), 2013-17
Table 15: Germany exchange rate, 2013-17
List of Figures
Figure 1: Germany legal services market value: $ billion, 2013-17
Figure 2: Germany legal services market volume: thousand legal professionals, 2013-17
Figure 3: Germany legal services market geography segmentation: % share, by value, 2017
Figure 4: Germany legal services market value forecast: $ billion, 2017-22
Figure 5: Germany legal services market volume forecast: thousand legal professionals, 2017-22
Figure 6: Forces driving competition in the legal services market in Germany, 2017
Figure 7: Drivers of buyer power in the legal services market in Germany, 2017
Figure 8: Drivers of supplier power in the legal services market in Germany, 2017
Figure 9: Factors influencing the likelihood of new entrants in the legal services market in Germany, 2017
Figure 10: Factors influencing the threat of substitutes in the legal services market in Germany, 2017
Figure 11: Drivers of degree of rivalry in the legal services market in Germany, 2017

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