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Immigration Lawyers & Attorneys - Industry Market Research Report

  • ID: 2764260
  • Report
  • September 2020
  • Region: Global
  • 44 pages
  • IBISWorld
Along the Border: An Expected Rebound in the Economy Will Likely Support Industry Revenue Growth

Immigration Lawyers & Attorneys

The Immigration Lawyers and Attorneys is highly fragmented, with the top industry operators accounting for less than 5.0% of total industry revenue. The industries top operators include Fragomen, Del Rey, Bernsen & Loewry LLP and Baker McKenzie. Most operators offer services for family-sponsored immigrant visas, employmnent-visa, admission for refugees and asylees and diversity visa programs.

Unfavorable practice deters entrants

- Large law firms typically avoid this practice area due to small returns on investment associated with immigration law. The large firms that are active in the industry focus on large corporate clients to streamline the process of obtaining a visa for foreign employees. Aside from the necessary law degree and legal qualifications to become a lawyer, barriers to entry are low with the primary capital expenditure being office space. However, operators in the industry must establish a strong reputation which serves as a barrier to success.

Competition revolves around quality and service offerings

- Operators in the Immigration Lawyers and Attorneys industry compete primarily on the basis of quality of service provided. Law firms with consistent favorable outcomes as well as offer pro bono work benefit from an established strong reputation. Since services are typically very expensive, clients are not willing to take a risk on a firm with frequent negative outcomes, particularly when the outcome can be irreversible. Additionally, operators need to attract a highly skilled work force to perform these tasks.

Operators in this industry offer services related to the legal status of individuals, including citizenship and visa services.

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.

Note: Product cover images may vary from those shown
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
Note: Product cover images may vary from those shown

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