Law Firms in California - Industry Market Research Report

Due process: The diversity of buying markets has shaped industry revenue over the past five years

Law Firms in California

The Law Firms industry in California caters to the needs of diverse downstream clients. Industry incumbents provide their expertise on a wide range of topics such as immigration law, taxation law, employment and labor law, bankruptcy law and intellectual property law. As such, this diversity of buying markets has shaped the industry performance. Industry revenue has been growing moderately over the five years to 2017. Over the five years to 2022, revenue for the Law Firms industry in California is projected to continue growing. The same macroeconomic drivers will drive industry growth during the outlook period, including corporate profit and research and development expenditure.

This industry comprises offices of legal practitioners (known as lawyers or attorneys) in California, who primarily practice law. Establishments in this industry provide expertise on a range of areas or specific areas of law, such as criminal, corporate, family, patent, real estate or tax.

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.