Global Legal Services Industry Guide 2024


(MENAFN- GlobeNewsWire - Nasdaq) Dublin, April 17, 2024 (GLOBE NEWSWIRE) -- The "Legal Services Global Industry Guide 2019-2028" report has been added to ResearchAndMarkets's offering.
Global Legal Services industry profile provides top-line qualitative and quantitative summary information including: market size (value 2019-23, and forecast to 2028). 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 includes practitioners of law operating in every sector of the legal spectrum. These include but are not limited to, 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 in the country.
  • All market data and forecasts are adjusted for inflation and all currency conversions used in the creation of this report have been calculated using yearly annual average exchange rates.
  • The global legal services market recorded revenues of $746 billion in 2023, representing a compound annual growth rate (CAGR) of 2.8% between 2018 and 2023.
  • Market consumption volume increased with a CAGR of 3.4% between 2018 and 2023, to reach a total of 10,830.5 thousand personnel in 2023.
  • US held a 48.0% stake in the global legal services market in 2023, followed by Europe at 23.8%, Asia-Pacific at 15.5% and the Middle East at 1.1%.

Scope

  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the global legal services market
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the global legal services market
  • 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 global legal services market with five year forecasts

Reasons to Buy

  • What was the size of the global legal services market by value in 2023?
  • What will be the size of the global legal services market in 2028?
  • What factors are affecting the strength of competition in the global legal services market?
  • How has the market performed over the last five years?
  • What are the main segments that make up the global legal services market?

Key Topics Covered:
1 EXECUTIVE SUMMARY
1.1. Market value
1.2. Market value forecast
1.3. Geography segmentation
1.4. Competitive landscape
2 Introduction
2.1. What is this report about?
2.2. Who is the target reader?
2.3. How to use this report
2.4. Definitions
3 Global Legal Services
3.1. Market Overview
3.2. Market Data
3.3. Market Segmentation
3.4. Market outlook
3.5. Five forces analysis
4 Macroeconomic Indicators
4.1. Country data
A selection of companies mentioned in this report includes, but is not limited to:

  • Kirkland & Ellis LLP
  • Latham & Watkins LLP
  • Baker & McKenzie LLP
  • Clifford Chance LLP
  • Herbert Smith Freehills
  • Dentons UK and Middle East LLP
  • Mori Hamada & Matsumoto
  • TMI Associates
  • Nagashima Ohno & Tsunematsu
  • Linklaters LLP
  • Skadden, Arps, Slate, Meagher & Flom LLP and Affiliates
  • Allen & Overy LLP
  • Gide Loyrette Nouel
  • Bredin Prat & Associates
  • Hengeler Mueller Partnerschaft von Rechtsanwalten mbB
  • Taylor Wessing LLP
  • Noerr LLP
  • Freshfields Bruckhaus Deringer LLP

Also available

Legal Services Pricing Platform
London Law Firm Hourly Rate Report
Canadian Law Firm Hourly Rate Report
For more information about this report visit

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