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Japan Legal Services Market Summary, Competitive Analysis and Forecast to 2027

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    Report

  • 37 Pages
  • July 2023
  • Region: Japan
  • MarketLine
  • ID: 5714771
Legal Services in Japan industry profile provides top-line qualitative and quantitative summary information including: market size (value 2017-22, and forecast to 2027). 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 Japanese legal services market had total revenues of $2.9 billion in 2022, representing a compound annual growth rate (CAGR) of 0.5% between 2017 and 2022.
  • Market consumption volume increased with a CAGR of 2.3% between 2017 and 2022, to reach a total of 44,872 law personnel in 2022.
  • The sluggish market growth in 2022 is attributed to the downfall in economic growth, fluctuating business conditions, slow growth in household income and population, and increasing price sensitivity among clients.

Scope

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

Reasons to Buy

  • What was the size of the Japan legal services market by value in 2022?
  • What will be the size of the Japan legal services market in 2027?
  • What factors are affecting the strength of competition in the Japan legal services market?
  • How has the market performed over the last five years?
  • What are the main segments that make up Japan's legal services market?

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 are the recent significant deals for the leading players?
7.4. What alternative legal services providers are competing with leading players?
8 Company Profiles
8.1. Mori Hamada & Matsumoto
8.2. TMI Associates
8.3. Nagashima Ohno & Tsunematsu
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related Research
10.4. About the Publisher
List of Tables
Table 1: Japan legal services market value: $ billion, 2017-22
Table 2: Japan legal services market volume: thousand personnels, 2017-22
Table 3: Japan legal services market geography segmentation: $ billion, 2022
Table 4: Japan legal services market value forecast: $ billion, 2022-27
Table 5: Japan legal services market volume forecast: thousand personnels, 2022-27
Table 6: Mori Hamada & Matsumoto: key facts
Table 7: Mori Hamada & Matsumoto: Key Employees
Table 8: TMI Associates: key facts
Table 9: TMI Associates: Key Employees
Table 10: Nagashima Ohno & Tsunematsu: key facts
Table 11: Nagashima Ohno & Tsunematsu: Key Employees
Table 12: Japan size of population (million), 2018-22
Table 13: Japan gdp (constant 2005 prices, $ billion), 2018-22
Table 14: Japan gdp (current prices, $ billion), 2018-22
Table 15: Japan inflation, 2018-22
Table 16: Japan consumer price index (absolute), 2018-22
Table 17: Japan exchange rate, 2018-22
List of Figures
Figure 1: Japan legal services market value: $ billion, 2017-22
Figure 2: Japan legal services market volume: thousand personnels, 2017-22
Figure 3: Japan legal services market geography segmentation: % share, by value, 2022
Figure 4: Japan legal services market value forecast: $ billion, 2022-27
Figure 5: Japan legal services market volume forecast: thousand personnels, 2022-27
Figure 6: Forces driving competition in the legal services market in Japan, 2022
Figure 7: Drivers of buyer power in the legal services market in Japan, 2022
Figure 8: Drivers of supplier power in the legal services market in Japan, 2022
Figure 9: Factors influencing the likelihood of new entrants in the legal services market in Japan, 2022
Figure 10: Factors influencing the threat of substitutes in the legal services market in Japan, 2022
Figure 11: Drivers of degree of rivalry in the legal services market in Japan, 2022

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Mori Hamada & Matsumoto
  • TMI Associates
  • Nagashima Ohno & Tsunematsu