Trial Consultants - Industry Market Research Report

  • ID: 2227965
  • Report
  • 27 pages
  • IBISWorld
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Full court: Revenue will grow as operators introduce a breadth of case-building assistance services

Trial Consultants

Trial consultants are used primarily by law firms to help in a variety of ways, including expert-witness consulting, jury consulting, as well as arbitration and mediation. The majority of trial consultants are highly educated and possess a degree in a behavioral science. Over the past five years, revenue for the Trial Consultants industry increased as legal activity and corporate profit has increased. As law firms have become more profitable as a result of increased caseloads, they sought assistance from industry participants. Over the five years to 2023, industry revenue is expected to continue to rise as increases in corporate profit and an influx of new laws and regulations will likely aid industry demand. Furthermore, operators are expected to expand the kinds of services they offer, supporting revenue.

Firms in this industry primarily offer services for lawyers in the field of legal trial psychology. Trial consultants provide services through all stages of a court case, including juror selection, trial simulation, testimony organization and witness testimony preparation. While no special training is required to participate in this industry, trial consultants frequently possess advanced degrees in psychology, sociology or criminology.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

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ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS
Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY
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