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Global Legal Services Category - Procurement Market Intelligence Report

Global Legal Services Category - Procurement Market Intelligence Report

About Legal Services Market

According to analysts, increased outsourcing of legal services by sectors such as pharmaceuticals and healthcare, packaged consumer goods, automotive, food and beverages, tobacco, and retail is fueling the worldwide growth of the legal services market.

Covered in this report

The report provides actionable insights to improve source-to-contract cycle performance in the legal services. Its helps sourcing professionals formulate better category strategies, enhance savings, understand supplier and market challenges, and implement sourcing best practices.

SpendEdge’s report, Legal Services Market, provides up-to-date information about market shifts and potential risks, as well as in-depth knowledge of products and services, which can help in planning and executing category management activities. It focuses on the cost-saving aspects of procurement and on providing insights that can lead to optimization of category spend.

Category driver

  • Increased outsourcing of legal services by various sectors
  • For a full, detailed list, view our report
Category constraints
  • Lack of transparency in legal practices of service providers
  • For a full, detailed list, view our report
Procurement best practices
  • Implementing tracking metrics to assess performance of providers
  • For a full, detailed list, view our report
Key questions answered in this report
  • What are the market dynamics?
  • What are the key market trends?
  • What are the category growth drivers ?
  • What are the constraints to category growth?
  • Who are the suppliers in this market?
  • What are the demand-supply shifts?
  • What are the major category requirements?
  • What are the procurement best practices in this market?


Press Release

SpendEdge Announces the Publication of its Procurement Research Report – Global Legal Services Procurement Market Intelligence Report 2016-2020

SpendEdge recognizes the following companies as the key suppliers in the Global Legal Services Market:

  • Baker & McKenzie
  • DLA Piper
  • Latham & Watkins
  • Clifford Chance
  • Allen & Overy
Commenting on the report, an analyst from SpendEdge said: “Buyers must implement tracking metrics to assess performance of providers.”

According to the report, increased outsourcing of legal services by sectors such as pharmaceuticals and healthcare, packaged consumer goods, automotive, food and beverages, tobacco, and retail

Further, the report states that one of the major challenge in this market is the lack of transparency in legal practices of service providers

Part 1: Research Objectives and Methodology
Category Definition: Legal Services
Part 2: Category Overview
Category Snapshot – Market Dynamics
Category Snapshot – Value Benefit Opportunities and Major Service Providers
Category Snapshot – Cost Saving Opportunities
Key Buyer Requirements
Challenges Faced by Buyers of Legal Services
Part 3: Market Insights
Category Spend Analysis
Category Dynamics: Demand-Supply Analysis
Market Trend Analysis
Key Market Drivers
Major Market Challenges
Procurement Best Practices
Technologies and Innovation in the Category
Legal Services: Capability to Innovate and History of Innovation
Risks, Compliance, and Regulatory Environment
Environmental and Sustainability Practices
SWOT Analysis
PESTLE Analysis
Part 4: Supply Insights
Supply Market Analysis – Legal Services
Supplier Functional Capability Matrix – Legal Services
Legal Service Providers – Key Clients
Supply Market Analysis – LPO Services
Supplier Functional Capability Matrix – LPO Service Providers
Supplier Cost Structure Analysis
Supplier Positioning Matrix – Legal Service Providers
Supplier Positioning Matrix – LPO
Key Parameters for Selecting Supplier
Part 5: Pricing Insights
Legal Services Pricing Models Overview
Pricing Models Benefits Comparison
Indicative Pricing – Legal Services Providers
Price Negotiation Strategies
Part 6: Category Essentials
Contractual and Service Level Agreement Aspects
Key Performance Indicators – Supplier Evaluation Criteria
Risk Assessment
Day-One Analysis
Part 7: Top Five Supplier Profiles
Baker & McKinzey LLP
DLA Piper LLP
Latham & Watkins LLP
Clifford Chance
Allen & Overy
Part 8: Appendix
Glossary

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