Global Legal Services - Market Summary, Competitive Analysis and Forecast to 2025

Publication ID:

MLI10212553

Publication Date:

October 19, 2021

Pages:

Publisher:

MarketLine

Countries:

Global [1]

USD 350.00

Government [2]

Consulting [3]

Business & Government [4]

Description:

Global Legal Services - Market Summary, Competitive Analysis and Forecast to 2025

Summary

Global Legal Services industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2016-20, and forecast to 2025). 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 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 global legal services market had total revenues of $645.8bn in 2020, representing a compound annual growth rate (CAGR) of 2.9% between 2016 and 2020.
- Market production volume increased with a CAGR of 3.3% between 2016 and 2020, to reach a total of 7.7 million legal professionals in 2020.
- Growth was inhibited significantly due to lockdown and social distancing measures. Many courthouses around the world were closed due to the risk of transmitting COVID-19.

Scope

- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the legal services market in the global
- 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鈥� 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 by both value and volume

Reasons to Buy

- What was the size of the Global legal services market by value in 2020?
- What will be the size of the Global legal services market in 2025?
- What factors are affecting the strength of competition in the Global legal services market?
- How has the market performed over the last five years?
- Who are the top competitors in the global's legal services market?

Table Of Contents:

Table of Contents
1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Geography segmentation
1.6. Market rivalry
1.7. 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. 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 strategies do the leading players follow?
7.3. What alternative legal services providers are competing with leading players?
7.4. What are the recent developments for the leading players?
8 Company Profiles
8.1. Baker & McKenzie LLP
8.2. Kirkland & Ellis LLP
8.3. Latham & Watkins LLP
8.4. Freshfields Bruckhaus Deringer LLP
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
List of Tables
Table 1: Global legal services market value: $ billion, 2016-20
Table 2: Global legal services market volume: thousand number of legal professionals, 2016-20
Table 3: Global legal services market geography segmentation: $ billion, 2020
Table 4: Global legal services market value forecast: $ billion, 2020-25
Table 5: Global legal services market volume forecast: thousand number of legal professionals, 2020-25
Table 6: Baker & McKenzie LLP: key facts
Table 7: Baker & McKenzie LLP: Key Employees
Table 8: Baker & McKenzie LLP: Key Employees Continued
Table 9: Baker & McKenzie LLP: Key Employees Continued
Table 10: Baker & McKenzie LLP: Key Employees Continued
Table 11: Kirkland & Ellis LLP: key facts
Table 12: Kirkland & Ellis LLP: Key Employees
Table 13: Latham & Watkins LLP: key facts
Table 14: Latham & Watkins LLP: Key Employees
Table 15: Freshfields Bruckhaus Deringer LLP: key facts
Table 16: Freshfields Bruckhaus Deringer LLP: Key Employees
Table 17: Global exchange rate, 2016-20

List of Figures
List of Figures
Figure 1: Global legal services market value: $ billion, 2016-20
Figure 2: Global legal services market volume: thousand number of legal professionals, 2016-20
Figure 3: Global legal services market geography segmentation: % share, by value, 2020
Figure 4: Global legal services market value forecast: $ billion, 2020-25
Figure 5: Global legal services market volume forecast: thousand number of legal professionals, 2020-25
Figure 6: Forces driving competition in the global legal services market, 2020
Figure 7: Drivers of buyer power in the global legal services market, 2020
Figure 8: Drivers of supplier power in the global legal services market, 2020
Figure 9: Factors influencing the likelihood of new entrants in the global legal services market, 2020
Figure 10: Factors influencing the threat of substitutes in the global legal services market, 2020
Figure 11: Drivers of degree of rivalry in the global legal services market, 2020

Companies Mentioned:

Baker & McKenzie LLP
Kirkland & Ellis LLP
Latham & Watkins LLP
Freshfields Bruckhaus Deringer LLP

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Unless a Enterprise License is purchased, a Site User License must be purchased for every corporate location by an organization that wishes to use the publication within the same organization.
Customers who infringe these license terms are liable for a Global license fee.

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