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Legal Services Global Market Report 2024

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    Report

  • 400 Pages
  • February 2024
  • Region: Global
  • The Business Research Company
  • ID: 5939734
The legal services market size has grown steadily in recent years. It will grow from $796.76 billion in 2023 to $829.07 billion in 2024 at a compound annual growth rate (CAGR) of 4.1%. The growth observed in the historical period can be attributed to various factors, including an increase in government initiatives, a rise in divorce rates, the growing number of cybercrimes, and the deregulation of the legal industry.

The legal services market size is expected to see steady growth in the next few years. It will grow to $1006.53 billion in 2028 at a compound annual growth rate (CAGR) of 5.0%. The anticipated growth in the forecast period can be attributed to government support, the escalating global drug crises and related lawsuits, the expanding legal tech industry, and the increasing demand for transactional practice. Significant trends expected in this period include the adoption of artificial intelligence, strategic partnerships and acquisitions, the emergence of alternative legal service providers (ALSPs), the launch of legal learning programs and platforms by law firms, law firms investing in data security, and advancements in technology.

The escalation of cybercrime globally has led law firms to offer cybercrime legal consulting services to clients. Cybercrime involves illicit activities conducted through an internet connection and a computer, encompassing offenses such as cyber-stalking, counterfeiting, money laundering, embezzlement, fraud, and tax evasion utilizing the internet and electronic devices. The UK alone faces an estimated annual cost of approximately $35 billion due to cybercrime. Law firms providing cybercrime consulting services typically employ lawyers, consultants, and ethical hackers with expertise in crisis management, online financial theft, data loss, data privacy, and intellectual property infringement. Esteemed law firms specializing in data privacy and cybersecurity, such as Latham & Watkins, DLA Piper, and Skadden, Arps, Slate, Meagher & Flom, are at the forefront of meeting the rising global demand for cybercrime legal consulting services amid growing concerns about cybersecurity.

On a global scale, shifts in political structures, legal reforms, and trade agreements are generating opportunities for law firms. International companies and organizations must adhere to diverse laws and regulations across countries and specific trade agreements, increasing the demand for legal services. Noteworthy legal changes, such as the UK's departure from the European Union, create complexities in regulatory and legislative frameworks related to jurisdiction, judicial structures, and trade. Law firms such as Dechert, Simmons & Simmons, Clifford Chance, and DLA Piper have established specialized BREXIT teams to assist clients in navigating these changes. Additionally, the USA's withdrawal from agreements such as the Trans-Pacific Partnership, the Paris Agreement, and the Korea trade deal is anticipated to further drive the demand for legal services in the future.

Leading companies in the legal services market are innovating by introducing new products, such as legal generative AI platforms, to cater to larger customer bases, boost sales, and increase revenue. A legal generative AI platform employs artificial intelligence (AI) to aid legal professionals in their work. For instance, LexisNexis launched Lexis+ AI, a generative AI platform designed for the modernization of legal services. The technology offers conversational search, smart summarization, and intelligent legal writing capabilities, simplifying and enhancing the legal research process for lawyers.

Major companies in the legal services market are rolling out new products such as legal generative AI legal services hubs to expand their customer reach, drive sales, and augment revenue. A generative AI legal services hub, exemplified by ContractPodAi's Leah, utilizes artificial intelligence (AI) powered by GPT-4 to support legal professionals in tasks beyond contracts. Leah, part of the ContractPodAi CLM platform, assists with legal practice areas such as Mergers and Acquisitions (M&A), legal transactions, regulatory compliance, governance, and litigation, offering users conversational and interactive capabilities in the legal domain.

Major companies operating in the legal services market report are Johnson Matthey PLC, BASF SE, Heraeus Holding, Evonik Industries AG, Umicore SA, DSK Legal, Baker McKenzie, Uría Menéndez, Latham & Watkins, Szuchy Ügyvédi Iroda, J Sagar And Associates (JSA), Amarchand and Mangaldas and Suresh A. Shroff and Co, Norton Rose Fulbright, ZICO Law, Allen and Gledhill LLP, Skadden, Arps, Slate, Meagher & Flom LLP and Affiliates, Kim and Lee LLC, King and Wood Mallesons, Dudkowiak and Kopeć Business Layers, Jones Day, Nishimura and Asahi, Heskia-Hacmun Law Firm, Beijing Yingke Law Firm, Kirkland & Ellis LLP, Dacheng Law Offices, Kim and Chang, Gleiss Lutz, Luther, Cuatrecasas Gonçalves Pereira, Flick Gocke Schaumburg, BonelliErede, Han Kun Law Offices, Meagher & Flom, Arendt and Medernach, Garlicke and Bousfield, Hogan Lovells, Nagashima Ohno and Tsunematsu, Liouta and Partners Law Firm, Osler, Slate, DLA Piper, Lobo de Rizzo Advogados, Fidal, Elham Ali Hassan & Associates, CGO Finance sp. z o.o., Andrékó Ferenczi Kinstellar Ügyvédi Iroda, Webber Wentzel, Linklaters, SEgorov Puginsky Afanasiev and Partners, India Law Offices LLP, Cravath Swaine & Moore, Tilleke and Gibbins, Arps, VJT and Partners Law Firm, Menwer & Associates, Pinheiro Guimarães, Hoskin & Harcourt, Jun He Law Offices, KPMG, Demarest Advogados, Loyens and Loeff, Sidley Austin LLP, Carpena Advogados Associados, Al Sulaiti law firm, Al Tamami & Co., Heuking Kühn Lüer Wojtek, Alya Al Zeera, ASAR Al Ruwayeh and Partners, Mischcon de Reya, Erward Nathan Sonnenbergs, Afridi & Angell, Garrigues, Cliffe Dekker Hofmeyr, Eversheds Sutherland, Rajah and Tann, B M Musau and Company, Dentons and Pepeliaev Group, Bitala and Co Advocates, Bowmans.

North America was the largest region in the legal services market in 2023. Western Europe was the second largest region in the legal services market. The regions covered in the legal services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the legal services market report are Australia, China, India, Indonesia, Japan, South Korea, Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, USA, Canada, Mexico, Brazil, Chile, Argentina, Colombia, Peru, France, Germany, UK, Austria, Belgium, Denmark, Finland, Ireland, Italy, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, Russia, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa. The legal services market consists of revenue earned by entities by providing services such as advising clients (individuals, businesses or other entities) about their legal rights and responsibilities, and representing clients in civil or criminal cases, business transactions and other matters, in which legal advice and other assistance are sought. Legal services undertake processes where human capital is the major input. They make available the knowledge and skills of their employees, often on an assignment basis, where an individual or a team is responsible for the delivery of services to the client. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The primary types of legal services include B2B legal services, B2C legal services, hybrid legal services, and criminal law practices. B2B legal services are typically offered by commercial law firms, catering to clients such as listed corporations, government agencies, small and medium-sized businesses, and high-net-worth individuals. Various legal practices, including litigation, corporate law, labor/employment law, real estate law, patent litigation, tax law, bankruptcy law, and others, serve companies of different sizes, ranging from large law firms to SME law firms. These services can be accessed through different modes, including online legal services and offline legal services. End users of legal services span individuals, financial services, mining and oil & gas industries, manufacturing, construction, IT services, and others.

The legal services market research report is one of a series of new reports that provides legal services market statistics, including legal services industry global market size, regional shares, competitors with a legal services market share, detailed legal services market segments, market trends and opportunities, and any further data you may need to thrive in the legal services industry. This legal services market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


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Table of Contents

1. Executive Summary2. Legal Services Market Characteristics
3. Legal Services Product/Service Analysis -Product/Service Examples
3.1. Legal Services Supply Chain Analysis
3.1.1. Legal Services Resources
3.1.2. Legal Services Manufacturers
3.1.3. Legal Services Distributors and Retailers
3.1.4. Legal Services End Users
3.2. Legal Services Customer Information
4. Legal Services Market Trends and Strategies
5. Legal Services Market - Macro Economic Scenario
5.1. Impact of High Inflation on the Market
5.2. Ukraine-Russia War Impact on the Market
5.3. COVID-19 Impact on the Market
6. Global Legal Services Market Size and Growth
6.1. Global Legal Services Market Drivers and Restraints
6.1.1. Drivers of the Market
6.1.2. Restraints of the Market
6.2. Global Legal Services Historic Market Size and Growth, 2018-2023, Value ($ Billion)
6.3. Global Legal Services Forecast Market Size and Growth, 2023-2028, 2033F, Value ($ Billion)
7. Legal Services Market Segmentation
7.1. Global Legal Services Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • B2B Legal Services
  • B2C Legal Services
  • Hybrid Legal Services
  • Criminal Law Practices
7.2. Global Legal Services Market, Segmentation by Type of Practice, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Litigation
  • Corporate
  • Labor/Employment
  • Real Estate
  • Patent Litigation
  • Tax
  • Bankruptcy
  • Other Type of Practices (Regulatory, M&A, Antitrust, Environmental)
7.3. Global Legal Services Market, Segmentation by Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Large Law Firms
  • SME Law Firms
7.4. Global Legal Services Market, Segmentation by Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Online
  • Offline
7.5. Global Legal Services Market, Segmentation by End-Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Individuals
  • Financial Services
  • Mining and Oil & Gas
  • Manufacturing
  • Construction
  • IT Services
  • Other End-Users
8. Legal Services Market Regional and Country Analysis
8.1. Global Legal Services Market, Split by Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.2. Global Legal Services Market, Split by Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
9. Asia-Pacific Legal Services Market
9.1. Asia-Pacific Legal Services Market Overview
Region Information, Impact of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
9.2. Asia-Pacific Legal Services Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
9.3. Asia-Pacific Legal Services Market, Segmentation by Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
9.4. Asia-Pacific Legal Services Market, Segmentation by End-Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10. China Legal Services Market
10.1. China Legal Services Market Overview
10.2. China Legal Services Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
10.3. China Legal Services Market, Segmentation by Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
10.4. China Legal Services Market, Segmentation by End-Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
11. India Legal Services Market
11.1. India Legal Services Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.2. India Legal Services Market, Segmentation by Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. India Legal Services Market, Segmentation by End-Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12. Japan Legal Services Market
12.1. Japan Legal Services Market Overview
12.2. Japan Legal Services Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Japan Legal Services Market, Segmentation by Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.4. Japan Legal Services Market, Segmentation by End-Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13. Australia Legal Services Market
13.1. Australia Legal Services Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Australia Legal Services Market, Segmentation by Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Australia Legal Services Market, Segmentation by End-Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14. Indonesia Legal Services Market
14.1. Indonesia Legal Services Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.2. Indonesia Legal Services Market, Segmentation by Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. Indonesia Legal Services Market, Segmentation by End-Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15. South Korea Legal Services Market
15.1. South Korea Legal Services Market Overview
15.2. South Korea Legal Services Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. South Korea Legal Services Market, Segmentation by Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. South Korea Legal Services Market, Segmentation by End-Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16. Bangladesh Legal Services Market
16.1. Bangladesh, Legal Services Historic Market, 2018-2023, $ Billion
16.2. Bangladesh, Legal Services Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
17. Thailand Legal Services Market
17.1. Thailand, Legal Services Historic Market, 2018-2023, $ Billion
17.2. Thailand, Legal Services Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
18. Vietnam Legal Services Market
18.1. Vietnam, Legal Services Historic Market, 2018-2023, $ Billion
18.2. Vietnam, Legal Services Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
19. Malaysia Legal Services Market
19.1. Malaysia, Legal Services Historic Market, 2018-2023, $ Billion
19.2. Malaysia, Legal Services Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
20. Singapore Legal Services Market
20.1. Singapore, Legal Services Historic Market, 2018-2023, $ Billion
20.2. Singapore, Legal Services Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
21. Philippines Legal Services Market
21.1. Philippines, Legal Services Historic Market, 2018-2023, $ Billion
21.2. Philippines, Legal Services Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
22. Hong kong Legal Services Market
22.1. Hong Kong, Legal Services Historic Market, 2018-2023, $ Billion
22.2. Hong Kong, Legal Services Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
23. New Zealand Legal Services Market
23.1. New Zealand, Legal Services Historic Market, 2018-2023, $ Billion
23.2. New Zealand, Legal Services Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
24. Western Europe Legal Services Market
24.1. Western Europe Legal Services Market Overview
24.2. Western Europe Legal Services Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. Western Europe Legal Services Market, Segmentation by Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. Western Europe Legal Services Market, Segmentation by End-Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25. UK Legal Services Market
25.1. UK Legal Services Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.2. UK Legal Services Market, Segmentation by Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. UK Legal Services Market, Segmentation by End-Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26. Germany Legal Services Market
26.1. Germany Legal Services Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.2. Germany Legal Services Market, Segmentation by Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. Germany Legal Services Market, Segmentation by End-Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27. France Legal Services Market
27.1. France Legal Services Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. France Legal Services Market, Segmentation by Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. France Legal Services Market, Segmentation by End-Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28. Italy Legal Services Market
28.1. Italy Legal Services Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.2. Italy Legal Services Market, Segmentation by Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Italy Legal Services Market, Segmentation by End-Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29. Spain Legal Services Market
29.1. Spain Legal Services Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.2. Spain Legal Services Market, Segmentation by Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Spain Legal Services Market, Segmentation by End-Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
30. Austria Legal Services Market
30.1. Austria, Legal Services Historic Market, 2018-2023, $ Billion
30.2. Austria, Legal Services Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
31. Belgium Legal Services Market
31.1. Belgium, Legal Services Historic Market, 2018-2023, $ Billion
31.2. Belgium, Legal Services Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
32. Denmark Legal Services Market
32.1. Denmark, Legal Services Historic Market, 2018-2023, $ Billion
32.2. Denmark, Legal Services Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
33. Finland Legal Services Market
33.1. Finland, Legal Services Historic Market, 2018-2023, $ Billion
33.2. Finland, Legal Services Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
34. Ireland Legal Services Market
34.1. Ireland, Legal Services Historic Market, 2018-2023, $ Billion
34.2. Ireland, Legal Services Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
35. Netherlands Legal Services Market
35.1. Netherlands, Legal Services Historic Market, 2018-2023, $ Billion
35.2. Netherlands, Legal Services Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
36. Norway Legal Services Market
36.1. Norway, Legal Services Historic Market, 2018-2023, $ Billion
36.2. Norway, Legal Services Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
37. Portugal Legal Services Market
37.1. Portugal, Legal Services Historic Market, 2018-2023, $ Billion
37.2. Portugal, Legal Services Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
38. Sweden Legal Services Market
38.1. Sweden, Legal Services Historic Market, 2018-2023, $ Billion
38.2. Sweden, Legal Services Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
39. Switzerland Legal Services Market
39.1. Switzerland, Legal Services Historic Market, 2018-2023, $ Billion
39.2. Switzerland, Legal Services Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
40. Eastern Europe Legal Services Market
40.1. Eastern Europe Legal Services Market Overview
40.2. Eastern Europe Legal Services Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
40.3. Eastern Europe Legal Services Market, Segmentation by Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
40.4. Eastern Europe Legal Services Market, Segmentation by End-Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
41. Russia Legal Services Market
41.1. Russia Legal Services Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
41.2. Russia Legal Services Market, Segmentation by Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
41.3. Russia Legal Services Market, Segmentation by End-Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
42. Czech Republic Legal Services Market
42.1. Czech Republic, Legal Services Historic Market, 2018-2023, $ Billion
42.2. Czech Republic, Legal Services Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
43. Poland Legal Services Market
43.1. Poland, Legal Services Historic Market, 2018-2023, $ Billion
43.2. Poland, Legal Services Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
44. Romania Legal Services Market
44.1. Romania, Legal Services Historic Market, 2018-2023, $ Billion
44.2. Romania, Legal Services Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
45. Ukraine Legal Services Market
45.1. Ukraine, Legal Services Historic Market, 2018-2023, $ Billion
45.2. Ukraine, Legal Services Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
46. North America Legal Services Market
46.1. North America Legal Services Market Overview
46.2. North America Legal Services Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
46.3. North America Legal Services Market, Segmentation by Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
46.4. North America Legal Services Market, Segmentation by End-Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
47. USA Legal Services Market
47.1. USA Legal Services Market Overview
47.2. USA Legal Services Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
47.3. USA Legal Services Market, Segmentation by Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
47.4. USA Legal Services Market, Segmentation by End-Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
48. Canada Legal Services Market
48.1. Canada Legal Services Market Overview
48.2. Canada Legal Services Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
48.3. Canada Legal Services Market, Segmentation by Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
48.4. Canada Legal Services Market, Segmentation by End-Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
49. Mexico Legal Services Market
49.1. Mexico, Legal Services Historic Market, 2018-2023, $ Billion
49.2. Mexico, Legal Services Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
50. South America Legal Services Market
50.1. South America Legal Services Market Overview
50.2. South America Legal Services Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
50.3. South America Legal Services Market, Segmentation by Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
50.4. South America Legal Services Market, Segmentation by End-Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
51. Brazil Legal Services Market
51.1. Brazil Legal Services Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
51.2. Brazil Legal Services Market, Segmentation by Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
51.3. Brazil Legal Services Market, Segmentation by End-Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
52. Chile Legal Services Market
52.1. Chile, Legal Services Historic Market, 2018-2023, $ Billion
52.2. Chile, Legal Services Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
53. Argentina Legal Services Market
53.1. Argentina, Legal Services Historic Market, 2018-2023, $ Billion
53.2. Argentina, Legal Services Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
54. Colombia Legal Services Market
54.1. Colombia, Legal Services Historic Market, 2018-2023, $ Billion
54.2. Colombia, Legal Services Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
55. Peru Legal Services Market
55.1. Peru, Legal Services Historic Market, 2018-2023, $ Billion
55.2. Peru, Legal Services Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
56. Middle East Legal Services Market
56.1. Middle East Legal Services Market Overview
56.2. Middle East Legal Services Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
56.3. Middle East Legal Services Market, Segmentation by Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
56.4. Middle East Legal Services Market, Segmentation by End-Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
57. Saudi Arabia Legal Services Market
57.1. Saudi Arabia, Legal Services Historic Market, 2018-2023, $ Billion
57.2. Saudi Arabia, Legal Services Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
58. Israel Legal Services Market
58.1. Israel, Legal Services Historic Market, 2018-2023, $ Billion
58.2. Israel, Legal Services Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
59. Iran Legal Services Market
59.1. Iran, Legal Services Historic Market, 2018-2023, $ Billion
59.2. Iran, Legal Services Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
60. Turkey Legal Services Market
60.1. Turkey, Legal Services Historic Market, 2018-2023, $ Billion
60.2. Turkey, Legal Services Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
61. United Arab Emirates Legal Services Market
61.1. United Arab Emirates, Legal Services Historic Market, 2018-2023, $ Billion
61.2. United Arab Emirates, Legal Services Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
62. Africa Legal Services Market
62.1. Africa Legal Services Market Overview
62.2. Africa Legal Services Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
62.3. Africa Legal Services Market, Segmentation by Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
62.4. Africa Legal Services Market, Segmentation by End-Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
63. Egypt Legal Services Market
63.1. Egypt, Legal Services Historic Market, 2018-2023, $ Billion
63.2. Egypt, Legal Services Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
64. Nigeria Legal Services Market
64.1. Nigeria, Legal Services Historic Market, 2018-2023, $ Billion
64.2. Nigeria, Legal Services Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
65. South Africa Legal Services Market
65.1. South Africa, Legal Services Historic Market, 2018-2023, $ Billion
65.2. South Africa, Legal Services Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
66. Legal Services Market Competitive Landscape and Company Profiles
66.1. Legal Services Market Competitive Landscape
66.2. Legal Services Market Company Profiles
66.2.1. Johnson Matthey Plc
66.2.1.1. Overview
66.2.1.2. Products and Services
66.2.1.3. Strategy
66.2.1.4. Financial Performance
66.2.2. BASF SE
66.2.2.1. Overview
66.2.2.2. Products and Services
66.2.2.3. Strategy
66.2.2.4. Financial Performance
66.2.3. Heraeus Holding
66.2.3.1. Overview
66.2.3.2. Products and Services
66.2.3.3. Strategy
66.2.3.4. Financial Performance
66.2.4. Evonik Industries AG
66.2.4.1. Overview
66.2.4.2. Products and Services
66.2.4.3. Strategy
66.2.4.4. Financial Performance
66.2.5. Umicore SA
66.2.5.1. Overview
66.2.5.2. Products and Services
66.2.5.3. Strategy
66.2.5.4. Financial Performance
67. Legal Services Market Other Major and Innovative Companies
67.1. DSK Legal
67.2. Baker McKenzie
67.3. Uría Menéndez
67.4. Latham & Watkins
67.5. Szuchy Ügyvédi Iroda
67.6. J Sagar and Associates (JSA)
67.7. Amarchand and Mangaldas and Suresh A. Shroff and Co
67.8. Norton Rose Fulbright
67.9. ZICO Law
67.10. Allen and Gledhill LLP
67.11. Skadden, Arps, Slate, Meagher & Flom LLP and Affiliates
67.12. Kim and Lee LLC
67.13. King and Wood Mallesons
67.14. Dudkowiak and Kopec Business Layers
67.15. Jones Day
68. Global Legal Services Market Competitive Benchmarking69. Global Legal Services Market Competitive Dashboard70. Key Mergers and Acquisitions in the Legal Services Market
71. Legal Services Market Future Outlook and Potential Analysis
71.1 Legal Services Market in 2028 - Countries Offering Most New Opportunities
71.2 Legal Services Market in 2028 - Segments Offering Most New Opportunities
71.3 Legal Services Market in 2028 - Growth Strategies
71.3.1 Market Trend-based Strategies
71.3.2 Competitor Strategies
72. Appendix
72.1. Abbreviations
72.2. Currencies
72.3. Historic and Forecast Inflation Rates
72.4. Research Inquiries
72.5. About the Analyst
72.6. Copyright and Disclaimer

Executive Summary

Legal Services Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on legal services market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

  • Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
  • Understand how the market has been affected by the coronavirus and how it is responding as the impact of the virus abates.
  • Assess the Russia-Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
  • Measure the impact of high global inflation on market growth.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market shares.
  • Benchmark performance against key competitors.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis.
  • Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
  • All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for legal services? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
  • The forecasts are made after considering the major factors currently impacting the market. These include:
  • The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
  • The impact of higher inflation in many countries and the resulting spike in interest rates.
  • The continued but declining impact of COVID-19 on supply chains and consumption patterns.
  • Market segmentations break down the market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Report Scope

Markets Covered:
1) By Type: B2B Legal Services; B2C Legal Services; Hybrid Legal Services; Criminal Law Practices
2) By Type Of Practice: Litigation; Corporate; Labor or Employment; Real Estate; Patent Litigation; Tax; Bankruptcy; Others (Regulatory, M and A, Antitrust, Environmental)
3) BY Size: Large Law Firms; SME Law Firms
4) By Mode: Online Legal Services; Offline Legal Services
5) By End-user: Individuals; Financial Services; Mining and Oil & Gas; Manufacturing; Construction; IT Services; Others

Sub segments: B2B Legal Services - Large Law Firms; B2B Legal Services - SME Law Firms; B2C Legal Services - Large Law Firms; B2C Legal Services - SME Law Firms; Criminal Law Practices - Large Law Firms; Criminal Law Practices - SME Law Firms; Hybrid Legal Services - Large Law Firms; Hybrid Legal Services - SME Law Firms.

Key Companies Mentioned: Johnson Matthey Plc; BASF SE; Heraeus Holding; Evonik Industries AG; Umicore SA

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time Series: Five years historic and ten years forecast

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita

Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes

Delivery Format: PDF, Word and Excel Data Dashboard

Companies Mentioned

  • Johnson Matthey Plc
  • BASF SE
  • Heraeus Holding
  • Evonik Industries AG
  • Umicore SA
  • DSK Legal
  • Baker McKenzie
  • Uría Menéndez
  • Latham & Watkins
  • Szuchy Ügyvédi Iroda
  • J Sagar And Associates (JSA)
  • Amarchand and Mangaldas and Suresh A. Shroff and Co
  • Norton Rose Fulbright
  • ZICO Law
  • Allen and Gledhill LLP
  • Skadden, Arps, Slate, Meagher & Flom LLP and Affiliates
  • Kim and Lee LLC
  • King and Wood Mallesons
  • Dudkowiak and Kopeć Business Layers
  • Jones Day
  • Nishimura and Asahi
  • Heskia-Hacmun Law Firm
  • Beijing Yingke Law Firm
  • Kirkland & Ellis LLP
  • Dacheng Law Offices
  • Kim and Chang
  • Gleiss Lutz
  • Luther
  • Cuatrecasas Gonçalves Pereira
  • Flick Gocke Schaumburg
  • BonelliErede
  • Han Kun Law Offices
  • Meagher & Flom
  • Arendt and Medernach
  • Garlicke and Bousfield
  • Hogan Lovells
  • Nagashima Ohno and Tsunematsu
  • Liouta and Partners Law Firm
  • Osler
  • Slate
  • DLA Piper
  • Lobo de Rizzo Advogados
  • Fidal
  • Elham Ali Hassan & Associates
  • CGO Finance sp. z o.o.
  • Andrékó Ferenczi Kinstellar Ügyvédi Iroda
  • Webber Wentzel
  • Linklaters
  • SEgorov Puginsky Afanasiev and Partners
  • India Law Offices LLP
  • Cravath Swaine & Moore
  • Tilleke and Gibbins
  • Arps
  • VJT and Partners Law Firm
  • Menwer & Associates
  • Pinheiro Guimarães
  • Hoskin & Harcourt
  • Jun He Law Offices
  • KPMG
  • Demarest Advogados
  • Loyens and Loeff
  • Sidley Austin LLP
  • Carpena Advogados Associados
  • Al Sulaiti law firm
  • Al Tamami & Co.
  • Heuking Kühn Lüer Wojtek
  • Alya Al Zeera
  • ASAR Al Ruwayeh and Partners
  • Mischcon de Reya
  • Erward Nathan Sonnenbergs
  • Afridi & Angell
  • Garrigues
  • Cliffe Dekker Hofmeyr
  • Eversheds Sutherland
  • Rajah and Tann
  • B M Musau and Company
  • Dentons and Pepeliaev Group
  • Bitala and Co Advocates
  • Bowmans

Methodology

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