Global Legal Services 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.
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 and leading companies.
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 market's value is calculated as the total revenues received by law companies for services rendered. These values include all applicable taxes. Market volumes in this report refer to the total number of legal professionals.
All currency conversions are calculated at constant average annual 2016 exchange rates.
The global legal services market is had total revenues of $584.4bn in 2016, representing a compound annual growth rate (CAGR) of 2.6% between 2012 and 2016.
Market consumption volume increased with a CAGR of 3.4% between 2012 and 2016, to reach a total of 6.3 million legal professionals in 2016.
The trend for large scale mergers in the Global market shows little sign of slowing down. Large legal firms are competing to become international and strengthen themselves across multiple markets rather than just their domestic market.
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Leading company profiles reveal details of key legal services market players’ global operations and financial performance
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