Legal Services in the United States
Description
Legal Services in the United States
Summary
Legal Services in the United States industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2020-25, and forecast to 2030). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
Summary
Legal Services in the United States industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2020-25, and forecast to 2030). 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 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 US legal services market recorded a revenue of $410.3 billion in 2025, and the value increased with a CAGR of 5.5% between 2020 and 2025.
- Market consumption volume increased with a CAGR of 1.7% between 2020 and 2025, reaching a total of 1,230.2 thousand personnel in 2025.
- In 2025, the US held a share of 87.8% in the North American legal services market.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the legal services market in the United States
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the legal services market in the United States
- 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 United States legal services market with five year forecasts
- What was the size of the United States legal services market by value in 2025?
- What will be the size of the United States legal services market in 2030?
- What factors are affecting the strength of competition in the United States legal services market?
- How has the market performed over the last five years?
- Who are the top competitors in the United States's legal services market?
Table of Contents
46 Pages
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Market volume
- 1.4. Market volume forecast
- 1.5. Category segmentation
- 1.6. Geography segmentation
- 1.7. Market rivalry
- 1.8. 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. Category segmentation
- 4.2. 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 are the strengths and strategies of the leading players?
- 7.3. What are the recent developments in the market?
- 8 Company Profiles
- 8.1. Kirkland & Ellis LLP
- 8.2. Baker & McKenzie LLP
- 8.3. Latham & Watkins LLP
- 8.4. DLA Piper LLP (US)
- 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: United States legal services market value: $ billion, 2020-25
- Table 2: United States legal services market volume: thousand personnel, 2020-25
- Table 3: United States legal services market category segmentation: % share, by value, 2020-25
- Table 4: United States legal services market category segmentation: $ billion, 2020-25
- Table 5: United States legal services market geography segmentation: $ billion, 2025
- Table 6: United States legal services market value forecast: $ billion, 2025-30
- Table 7: United States legal services market volume forecast: thousand personnel, 2025-30
- Table 8: Kirkland & Ellis LLP: Key Facts
- Table 9: Kirkland & Ellis LLP: Key Employees
- Table 10: Kirkland & Ellis LLP: Key Employees Continued
- Table 11: Baker & McKenzie LLP: Key Facts
- Table 12: Baker & McKenzie LLP: Key Employees
- Table 13: Baker & McKenzie LLP: Key Employees Continued
- Table 14: Latham & Watkins LLP: Key Facts
- Table 15: Latham & Watkins LLP: Key Employees
- Table 16: DLA Piper LLP (US): Key Facts
- Table 17: DLA Piper LLP (US): Key Employees
- Table 18: DLA Piper LLP (US): Key Employees Continued
- Table 19: United States Size of Population (Million), 2021-24
- Table 20: United States Real GDP (Constant 2010 Prices, $ Billion), 2021-24
- Table 21: United States GDP (Current Prices, $ Billion), 2021-24
- Table 22: United States Inflation, 2021-24
- Table 23: United States Consumer Price Index (Absolute), 2021-24
- Table 24: United States Exchange Rate, 2020-25
- List of Figures
- Figure 1: United States legal services market value: $ billion, 2020-25
- Figure 2: United States legal services market volume: thousand personnel, 2020-25
- Figure 3: United States legal services market category segmentation: $ billion, 2020-25
- Figure 4: United States legal services market geography segmentation: % share, by value, 2025
- Figure 5: United States legal services market value forecast: $ billion, 2025-30
- Figure 6: United States legal services market volume forecast: thousand personnel, 2025-30
- Figure 7: Forces driving competition in the legal services market in the United States, 2025
- Figure 8: Drivers of buyer power in the legal services market in the United States, 2025
- Figure 9: Drivers of supplier power in the legal services market in the United States, 2025
- Figure 10: Factors influencing the likelihood of new entrants in the legal services market in the United States, 2025
- Figure 11: Factors influencing the threat of substitutes in the legal services market in the United States, 2025
- Figure 12: Drivers of degree of rivalry in the legal services market in the United States, 2025
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