Global Legal Services Market Report 2018

  • ID: 4463206
  • Report
  • Region: Global
  • 400 Pages
  • The Business Research Company
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By Type of Service, B2B Legal Services Was the Largest Segment in 2016, Which Accounted for About 52% of the Market

FEATURED COMPANIES

  • Arps
  • Baker & McKenzie
  • Deloitte
  • Kirkland & Ellis
  • Latham & Watkins
  • Meagher & Flom
  • MORE

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? The legal services global market report answers all these questions and many more.

The report covers market characteristics, size and growth, porters five force model, pestle analysis, segmentation, regional and country breakdowns, competitive landscape, market shares, customer information, key mergers and acqisitions, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.

Legal services companies advise clients (individuals or corporations) about their legal rights and responsibilities and represent clients in civil or criminal cases, business transactions, and other matters in which legal advice and other assistance are sought. Establishments providing legal services include office of lawyers, title abstract and settlement offices and offices of notaries.

The legal services market in North America is the largest in the world. In 2016, it had about 49.44% share of the global legal services market. The increased number of mergers and acquisitions has driven the legal services global market in the North America. The legal services market in Westen Europe is second largest in the world in 2016, which accounted for 21.64% share of the global legal services market.

By type of service, B2B legal services was the largest segment in 2016, which accounted for about 52% of the legal services market. Segmentation by type of service providers includes large law firms and SME law firms. Large law firms holds about 65% of the legal services market. Segmentation by type of end-user and by type of practice has also been provided in the report.

Rapid progress in technology is the main driver for the legal services market. It has led to the development of new applications for the legal services industry. These applications help legal services firms enhance their productivity, provide innovative product offerings and improve the quality of their services. For instance, smartphones, Software-as-a service and secure, web-based technology allow legal professionals to work from remote locations.

The legal services market has witnessed an increase in the number of mergers and acquisitions of law firms in the past five years, which proves to be the latest trend for the market. Companies in the industry seek to expand their operations in certain geographic markets, increase expertise, offer specialized services, or acquire skilled workforce. The number of mergers and acquisitions in 2015 was 91, which also saw the largest law firm merger between Dentons and Dacheng.

The global legal services market is highly fragmented with a number of small and large companies. Deloitte was the largest competitor in the legal services market in 2016, with 1.03% of the market share, followed by Latham & Watkins, Baker & McKenzie, Kirkland & Ellis and Skadden, Arps, Slate, Meagher & Flom.

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  • Create regional and country strategies on the basis of local data and analysis.
  • Stay abreast of the latest customer and market research findings
  • Benchmark performance against key competitors.
  • Develop strategies based on likely future developments.
  • Utilize the relationships between key data sets for superior strategizing.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis
  • Gain a global perspective on the development of the market.

Sections:

  • 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 the future. Drivers and restraints cover the external factors supporting and controlling the growth of the market.
  • Porters five force model covers the threat of new entrants, threat of substitutes, bargaining power of buyers, bargaining power of suppliers and industry competition for the legal services market.
  • PESTLE Analysis covers the political, economic, social, technological, legal and environmental factors affecting the legal services market.
  • Market segmentation by service breaks down the market into sub markets, including B2B legal services, B2C legal services, criminal law practices and hybrid commercial legal services. Market segmentation is also done by type of service provider, which includes large law firms and SME law firms. The historic and forecast growth rates for these segments are also covered in this report. Base year market segmentation is done for the end-user industry (including services, finance, manufacturing, energy and utilities and IT) and by type of practice (including corporate, tax, real estate, labor, patent litigation and bankruptcy).
  • The regional and country breakdown 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 all the regions, key developed countries and major emerging markets.
  • The competitive landscape section gives a description of the competitive nature of the market, market shares, and a description of the leading companies in terms of their offerings, growth strategy and financial performance.
  • The customer information and operational insights section covers major surveys conducted on the global legal services market and their implications. It also contains insights from the law firm’s point of view.
  • The report also covers key mergers and acquisitions in the legal services market. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section highlights the likely future developments in the market and suggests approaches companies can take to exploit this.

Scope:

  • Markets covered: 1) By Type of Services - B2B Legal Services, B2C Legal Services, Criminal Law Practices and Hybrid Commercial Legal Services 2) By Type of Service Provider - Large Law firms and SME Law Firms 3) By End-User Industry - Services, Finance, Manufacturing, Energy & Utilities, IT and Others 4) By Type of Practice - Corporate, Tax, Real Estate, Labor/ Employment, Litigation, Patent Litigation and Bankruptcy.
  • Companies mentioned: Deloitte, Latham & Watkins, Baker & McKenzie, Kirkland & Ellis and Skadden, Arps, Slate, Meagher & Flom.
  • Countries: USA, UK, Germany, France, Italy, Spain, Russia, Brazil, Australia, China, India, Japan.
  • Regions: Asia-Pacific, North America, South America, Western Europe, Eastern Europe, Middle East & Africa.
  • Time series: Five years historic and forecast.
  • Data segmentations: 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.
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Arps
  • Baker & McKenzie
  • Deloitte
  • Kirkland & Ellis
  • Latham & Watkins
  • Meagher & Flom
  • MORE

1 Legal Services Market Characteristics

2 Legal Services Market Size and Growth
2.1. Historic Market Growth
2.1.1. Drivers of the Market
2.1.2. Restraints on the Market
2.2. Forecast Market Growth
2.2.1. Drivers of the Market
2.2.2. Restraints of the Market

3 Porters Five Force Model
3.1. Bargaining Power of Buyer
3.2. Bargaining Power of Suppliers
3.3. Threat of New Entrants
3.4. Threat of Substitutes
3.5. Industry Competition

4 PESTLE Analysis
4.1. Political
4.2. Economic
4.3. Social
4.4. Technological
4.5. Legal
4.6. Environmental

5 Legal Services Market Legal Services Market Segmentation
5.1 Global Legal Services Market Segmentation, by Type of Service: B2B Legal Services, B2C Legal Services, Criminal Law Practices and Hybrid (B2 B&C)
5.1.1 Global Legal Services Market, 2013-2021, Historic and Forecast Growth Rate, by Type of Service
5.1.2 Global Legal Services Market, 2017, Segment Comparison, by Region
5.1.3 Global Legal Services Market, 2017, Segment Comparison, by Country
5.2 Global Legal Services Market Segmentation, by Type of Service Provider Large Law Firms and SME's
5.2.1 Global Legal Services Market, 2013-2021, Historic and Forecast Growth Rate, by Type of Service Provider
5.2.2 Global Legal Services Market, 2017, Segment Comparison, by Region
5.2.3 Global Legal Services Market, 2017, Segment Comparison, by Country
5.3 Global Legal Services Market Segmentation, by End User Industry: Services, Finance, Manufacturing, Energy & Utilities, IT, Others
5.4 Global Legal Services Market Segmentation, by Type of Practices:Corporate, Tax, Real Estate, Labor/Employment, Litigation, Patent Litigation, Bankruptcy

6 Legal Services Market Regional and Country Analysis
6.1. Global Legal Services Market, 2017, by Region
6.2. Global Legal Services Market, 2013 - 2021, Historic and Forecast, by Region
6.3 Global Legal Services Market, Growth and Market Share Comparison, by Region
6.4. Global Legal Services Market, 2017, by Country
6.5. Global Legal Services Market, 2013 - 2021, Historic and Forecast, by Country
6.6 Global Pharmaceutical Drugs Market, Growth and Market Share Comparison, by Country

7 Global Legal Services Market Comparison with Macro Economic Factors
7.1. Legal Services Market Size, Percentage of GDP, Global
7.2. Legal Services Market Size, Percentage of GDP, by Country
7.3. Per Capita Average Legal Services Expenditure, Global

8 Asia Pacific Pacific Legal Services Market
8.1.1. Asia Pacific Legal Services Market Overview
8.1.2. Asia Pacific Legal Services Historic Market, 2013 - 2017
8.1.3. Asia Pacific Legal Services Forecast Market, 2017 - 2021
8.1.4. Asia Pacific Market Size by Segment
8.1.4.1. Asia Pacific Legal Services Market Segmentation, by Type of Service
8.1.4.2. Asia Pacific Legal Services Market Segmentation, by Type of Service Provider
8.1.4.3. Asia Pacific Legal Services Market Segmentation, by End User Industry
8.1.4.4. Asia Pacific Legal Services Market Segmentation, by Type of Practices
8.2. Asia Pacific Legal Services Market: Country Analysis
8.3. China Legal Services Market
8.3.1. China Legal Services Market Overview
8.3.2. China Legal Services Historic Market, 2013 - 2017
8.3.3. China Legal Services Forecast Market, 2017 - 2021
8.3.4. China Market Size by Segment
8.3.4.1 China Legal Services Market Segmentation, by Type of Service
8.3.4.2 China Legal Services Market Segmentation, by Type of Service Provider
8.3.4.3 China Legal Services Market Segmentation, by End User Industry
8.3.4.4 China Legal Services Market Segmentation, by Type of Practices
8.4. India Legal Services Market
8.4.1. India Legal Services Market Overview
8.4.2. India Legal Services Historic Market, 2013 - 2017
8.4.3. India Legal Services Forecast Market, 2017 - 2021
8.4.4. India Market Size by Segment
8.4.4.1 India Legal Services Market Segmentation, by Type of Service
8.4.4.2 India Legal Services Market Segmentation, by Type of Service Provider
8.4.4.3 India Legal Services Market Segmentation, by End User Industry
8.4.4.4 India Legal Services Market Segmentation, by Type of Practices
8.5. Japan Legal Services Market
8.5.1. Japan Legal Services Market Overview
8.5.2. Japan Legal Services Historic Market, 2013 - 2017
8.5.3. Japan Legal Services Forecast Market, 2017 - 2021
8.5.4. Japan Market Size by Segment
8.5.4.1 Japan Legal Services Market Segmentation, by Type of Service
8.5.4.2 Japan Legal Services Market Segmentation, by Type of Service Provider
8.5.4.3 Japan Legal Services Market Segmentation, by End User Industry
8.5.4.4 Japan Legal Services Market Segmentation, by Type of Practices
8.6. Australia Legal Services Market
8.6.1. Australia Legal Services Market Overview
8.6.2. Australia Legal Services Historic Market, 2013 - 2017
8.6.3. Australia Legal Services Forecast Market, 2017 - 2021
8.6.4. Australia Market Size by Segment
8.6.4.1 Australia Legal Services Market Segmentation, by Type of Service
8.6.4.2 Australia Legal Services Market Segmentation, by Type of Service Provider
8.6.4.3 Australia Legal Services Market Segmentation, by End User Industry
8.6.4.4 Australia Legal Services Market Segmentation, by Type of Practices

9 Western Western Europe Legal Services Market
9.1.1. Western Europe Legal Services Market Overview
9.1.2. Western Europe Legal Services Historic Market, 2013 - 2017
9.1.3. Western Europe Legal Services Forecast Market, 2017 - 2021
9.1.4. Western Europe Market Size by Segment
9.1.4.1 Western Europe Legal Services Market Segmentation, by Type of Service
9.1.4.2 Western Europe Legal Services Market Segmentation, by Type of Service Provider
9.1.4.3 Western Europe Legal Services Market Segmentation, by End User Industry
9.1.4.4 Western Europe Legal Services Market Segmentation, by Type of Practices
9.2. Western Europe Legal Services Market: Country Analysis
9.3. UK Legal Services Market
9.3.1. UK Legal Services Market Overview
9.3.2. UK Legal Services Historic Market, 2013 - 2017
9.3.3. UK Legal Services Forecast Market, 2017 - 2021
9.3.4. UK Market Size by Segment
9.3.4.1 UK Legal Services Market Segmentation, by Type of Service
9.3.4.2 UK Legal Services Market Segmentation, by Type of Service Provider
9.3.4.3 UK Legal Services Market Segmentation, by End User Industry
9.3.4.4 UK Legal Services Market Segmentation, by Type of Practices
9.4. Germany Legal Services Market
9.4.1. Germany Legal Services Market Overview
9.4.2. Germany Legal Services Historic Market, 2013 - 2017
9.4.3. Germany Legal Services Forecast Market, 2017 - 2021
9.4.4. Germany Market Size by Segment
9.4.4.1 Germany Legal Services Market Segmentation, by Type of Service
9.4.4.2 Germany Legal Services Market Segmentation, by Type of Service Provider
9.4.4.3 Germany Legal Services Market Segmentation, by End User Industry
9.4.4.4 Germany Legal Services Market Segmentation, by Type of Practices
9.5. France Legal Services Market
9.5.1. France Legal Services Market Overview
9.5.2. France Legal Services Historic Market, 2013 - 2017
9.5.3. France Legal Services Forecast Market, 2017 - 2021
9.5.4. France Market Size by Segment
9.5.4.1 France Legal Services Market Segmentation, by Type of Service
9.5.4.2 France Legal Services Market Segmentation, by Type of Service Provider
9.5.4.3 France Legal Services Market Segmentation, by End User Industry
9.5.4.4 France Legal Services Market Segmentation, by Type of Practices
9.6. Italy Legal Services Market
9.6.1. Italy Legal Services Market Overview
9.6.2. Italy Legal Services Historic Market, 2013 - 2017
9.6.3. Italy Legal Services Forecast Market, 2017 - 2021
9.6.4. Italy Market Size by Segment
9.6.4.1 Italy Legal Services Market Segmentation, by Type of Service
9.6.4.2 Italy Legal Services Market Segmentation, by Type of Service Provider
9.6.4.3 Italy Legal Services Market Segmentation, by End User Industry
9.6.4.4 Italy Legal Services Market Segmentation, by Type of Practices
9.7. Spain Legal Services Market
9.7.1. Spain Legal Services Market Overview
9.7.2. Spain Legal Services Historic Market, 2013 - 2017
9.7.3. Spain Legal Services Forecast Market, 2017 - 2021
9.7.4. Spain Market Size by Segment
9.7.4.1 Spain Legal Services Market Segmentation, by Type of Service
9.7.4.2 Spain Legal Services Market Segmentation, by Type of Service Provider
9.7.4.3 Spain Legal Services Market Segmentation, by End User Industry
9.7.4.4 Spain Legal Services Market Segmentation, by Type of Practices

10 North America Legal Services Market
10.1.1. North America Legal Services Market Overview
10.1.2. North America Legal Services Historic Market, 2013 - 2017
10.1.3. North America Legal Services Forecast Market, 2017 - 2021
10.1.4. North America Market Size by Segment
10.1.4.1 North America Legal Services Market Segmentation, by Type of Service
10.1.4.2 North America Legal Services Market Segmentation, by Type of Service Provider
10.1.4.3 North America Legal Services Market Segmentation, by End User Industry
10.1.4.4 North America Legal Services Market Segmentation, by Type of Practices
10.2. North America Legal Services Market: Country Analysis
10.3. USA Legal Services Market
10.3.1. USA Legal Services Market Overview
10.3.2. USA Legal Services Historic Market, 2013 - 2017
10.3.3. USA Legal Services Forecast Market, 2017 - 2021
10.3.4. USA Market Size by Segment
10.3.4.1 USA Legal Services Market Segmentation, by Type of Service
10.3.4.2 USA Legal Services Market Segmentation, by Type of Service Provider
10.3.4.3 USA Legal Services Market Segmentation, by End User Industry
10.3.4.4 USA Legal Services Market Segmentation, by Type of Practices

11 South America Legal Services Market
11.1.1. South America Legal Services Market Overview
11.1.2. South America Legal Services Historic Market, 2013 - 2017
11.1.3. South America Legal Services Forecast Market, 2017 - 2021
11.1.4. South America Market Size by Segment
11.1.4.1 South America Legal Services Market Segmentation, by Type of Service
11.1.4.2 South America Legal Services Market Segmentation, by Type of Service Provider
11.1.4.3 South America Legal Services Market Segmentation, by End User Industry
11.1.4.4 South America Legal Services Market Segmentation, by Type of Practices
11.2. South America Legal Services Market: Country Analysis
11.3. Brazil Legal Services Market
11.3.1. Brazil Legal Services Market Overview
11.3.2. Brazil Legal Services Historic Market, 2013 - 2017
11.3.3. Brazil Legal Services Forecast Market, 2017 - 2021
11.3.4. Brazil Market Size by Segment
11.3.4.1 Brazil Legal Services Market Segmentation, by Type of Service
11.3.4.2 Brazil Legal Services Market Segmentation, by Type of Service Provider
11.3.4.3 Brazil Legal Services Market Segmentation, by End User Industry
11.3.4.4 Brazil Legal Services Market Segmentation, by Type of Practices

12 Eastern Europe Legal Services Market
12.1.1. Eastern Europe Legal Services Market Overview
12.1.2. Eastern Europe Legal Services Historic Market, 2013 - 2017
12.1.3. Eastern Europe Legal Services Forecast Market, 2017 - 2021
12.1.4. Eastern Europe Market Size by Segment
12.1.4.1 Eastern Europe Legal Services Market Segmentation, by Type of Service
12.1.4.2 Eastern Europe Legal Services Market Segmentation, by Type of Service Provider
12.1.4.3 Eastern Europe Legal Services Market Segmentation, by End User Industry
12.1.4.4 Eastern Europe Legal Services Market Segmentation, by Type of Practices
12.2. Eastern Europe Legal Services Market: Country Analysis
12.3. Russia Legal Services Market
12.3.1. Russia Legal Services Market Overview
12.3.2. Russia Legal Services Historic Market, 2013 - 2017
12.3.3. Russia Legal Services Forecast Market, 2017 - 2021
12.3.4. Russia Market Size by Segment
12.3.4.1 Russia Legal Services Market Segmentation, by Type of Service
12.3.4.2 Russia Legal Services Market Segmentation, by Type of Service Provider
12.3.4.3 Russia Legal Services Market Segmentation, by End User Industry
12.3.4.4 Russia Legal Services Market Segmentation, by Type of Practices

13 Middle East Legal Services Market
13.1.1. Middle East Legal Services Market Overview
13.1.2. Middle East Legal Services Historic Market, 2013 - 2017
13.1.3. Middle East Legal Services Forecast Market, 2017 - 2021
13.1.4. Middle East Market Size by Segment
13.1.4.1 Middle East Legal Services Market Segmentation, by Type of Service
13.1.4.2 Middle East Legal Services Market Segmentation, by Type of Service Provider
13.1.4.3 Middle East Legal Services Market Segmentation, by End User Industry
13.1.4.4 Middle East Legal Services Market Segmentation, by Type of Practices

14 Africa Legal Services Market
14.1.1. Africa Legal Services Market Overview
14.1.2. Africa Legal Services Historic Market, 2013 - 2017
14.1.3. Africa Legal Services Forecast Market, 2017 - 2021
14.1.4. Africa Market Size by Segment
14.1.4.1 Africa Legal Services Market Segmentation, by Type of Service
14.1.4.2 Africa Legal Services Market Segmentation, by Type of Service Provider
14.1.4.3 Africa Legal Services Market Segmentation, by End User Industry
14.1.4.4 Africa Legal Services Market Segmentation, by Type of Practices

15 Legal Services Market Competitive Landscape
15.1. Company Profiles
15.2. Deloitte
15.2.1. Overview
15.2.2. Products and Services
15.2.3. Strategy
15.2.4. Financial Performance
15.3. Latham & Watkins LLP
15.3.1. Overview
15.3.2. Products and Services
15.3.3. Strategy
15.3.4. Financial Performance
15.4. Baker & McKenzie
15.4.1. Overview
15.4.2. Products and Services
15.4.3. Strategy
15.4.4. Financial Performance
15.5. Kirkland & Ellis LLP
15.5.1. Overview
15.5.2. Products and Services
15.5.3. Strategy
15.5.4. Financial Performance
15.6 Skadden, Arps, Slate, Meagher & Flom LLP
15.6.1. Overview
15.6.2. Products and Services
15.6.3. Strategy
15.6.4. Financial Performance

16 Legal Services Market Customer and Operational Insights

17 Key Mergers and Acquisitions In the Legal Services Market

18 The Legal Services Market Trends and Strategies

19 Appendix
19.1. NAICS Definitions of Industry Covered in This Report
19.2. Research Methodology
19.3. Abbreviations
19.4. Currencies
19.5. Research Methodology
19.6. Research Inquiries

Note: Product cover images may vary from those shown
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  • Arps
  • Baker & McKenzie
  • Deloitte
  • Kirkland & Ellis
  • Latham & Watkins
  • Meagher & Flom
  • Skadden
  • Slate
Note: Product cover images may vary from those shown
5 of 4
Note: Product cover images may vary from those shown
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