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Law Firms in New York - Industry Market Research Report

  • ID: 4759697
  • Report
  • Region: New York
  • 22 pages
  • IBISWorld
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Setting up shop: New business growth will spur demand for industry services

FEATURED COMPANIES

  • Arps
  • Davis Polk & Wardell
  • Meagher & Flom LLP
  • Paul
  • Rifkind
  • Skadden
  • MORE

Law Firms in New York

As the economy continues to improve, the Law Firms industry in New York will benefit from higher corporate profit margins and increased corporate activity. Increasing mergers and acquisitions (M&As) as well as strength in initial public offerings (IPOs) will continue to improve revenue for the industry's top firms, which receive the bulk of their revenue from major corporate clients. The overall performance of the economy, an anticipated increase in corporate profit and an influx of new laws and regulations will aid revenue growth over the next five years. Expected increases in consumer disposable income will also aid smaller industry participants by increasing demand for services like estate and trust planning. In addition, improving investor confidence will stimulate more activity in M&A and IPO markets, facilitating higher demand for corporate legal services.

This industry comprises the offices of legal practitioners known as lawyers or attorneys in New York. Establishments provide expertise on diverse or specific areas of law, including criminal, corporate, family and estate, patent, real estate and tax law.

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
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FEATURED COMPANIES

  • Arps
  • Davis Polk & Wardell
  • Meagher & Flom LLP
  • Paul
  • Rifkind
  • Skadden
  • MORE
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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  • Skadden
  • Arps
  • Slate
  • Meagher & Flom LLP
  • Sullivan & Cromwell LLP
  • Davis Polk & Wardell
  • Simpson Thacher & Bartlett
  • Paul
  • Weiss
  • Rifkind
  • Wharton & Garrison
Note: Product cover images may vary from those shown
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