Legal Activities in Ireland - Market Size, Industry Analysis, Trends and Forecasts (2024-2029)

Legally declined: Slashed business confidence and economic uncertainty are constraining revenue in 2023

Companies in the Legal Activities industry employ highly-qualified solicitors, barristers, patent agents, notaries and bailiffs to carry out legal activity services on behalf of private, corporate and government clients. Many companies are sole proprietors and partnerships, contributing to the low market concentration. The Irish economic climate and regulatory changes like the Legal Services Regulation Act 2015 sway the need for legal services. Before the COVID-19 outbreak, revenue expanded thanks to booming business numbers, providing a larger pool of clients, plus a surge in property transactions. The development of legal technology applications has given companies an alternative route to make money.

This industry consists of firms that provide legal services, including solicitors, barristers, patent agents, notaries and bailiffs. Lawyers are legal practitioners that provide advocacy, advice and representation on a range of matters and in various sectors, such as commercial, property, private, criminal, civil and family law. Law courts are not covered in the industry.

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.