This report describes and explains the legal services market and covers 2019-2024, termed the historic period, and 2024-2029, 2034F termed the forecast period. The report evaluates the market across each region and for the major economies within each region.
The global legal services market reached a value of nearly $790.14 billion in 2024, having grown at a compound annual growth rate (CAGR) of 3.87% since 2019. The market is expected to grow from $790.14 billion in 2024 to $1.02 trillion in 2029 at a rate of 5.35%. The market is then expected to grow at a CAGR of 5.63% from 2029 and reach $1.34 trillion in 2034.
Growth in the historic period resulted from growth in divorce rates, rising incidence of cybercrimes, expansion of small and medium enterprises (SMEs) and startups and rising corporate transactions. Factors that negatively affected growth in the historic period were the high cost of legal services and dependence on billable hours.
Going forward, government support, rising drug-related crises and lawsuits, increasing demand for transactional practice areas and growing legal tech industry will drive growth. Factors that could hinder the growth of the legal services market in the future include were shortage of skilled lawyers, slow judicial processes and case backlogs and impact of trade wars and tariffs.
North America was the largest region in the legal services market, accounting for 59.19% or $467.71 billion of the total in 2024. It was followed by Western Europe, Asia Pacific and then the other regions. Going forward, the fastest-growing regions in the legal services market will be Middle East and Africa where growth will be at CAGRs of 9.59% and 8.78% respectively. These will be followed by Eastern Europe and Asia Pacific where the markets are expected to grow at CAGRs of 8.40% and 7.45% respectively.
The global legal services market is fragmented, with a large number of small players operating in the market. The top 10 competitors in the market made up 6.11% of the total market in 2024. Kirkland & Ellis LLP was the largest competitor with a 1.11% share of the market, followed by Latham & Watkins LLP with 0.89%, Deloitte Touche Tohmatsu Limited with 0.60%, Ernst & Young Global Limited (EY) with 0.54%, PricewaterhouseCoopers LLP (PwC) with 0.53%, DLA Piper LLP with 0.53%, KPMG International Limited with 0.53%, A&O Shearman (Shearman & Sterling LLP) with 0.47%, Skadden, Arps, Slate, Meagher & Flom LLP with 0.46%. and Gibson Dunn & Crutcher LLP. with 0.46%.
The legal services market is segmented by type into B2B legal services, B2C legal services, hybrid legal services and criminal law practices. The B2B legal services market was the largest segment of the legal services market segmented by type, accounting for 54.77% or $432.76 billion of the total in 2024. Going forward, the hybrid legal services segment is expected to be the fastest growing segment in the legal services market segmented by type, at a CAGR of 8.08% during 2024-2029.
The legal services market is segmented by size into large law firms and SME law firms. The large law firms market was the largest segment of the legal services market segmented by size, accounting for 65.54% or $517.88 billion of the total in 2024. Going forward, the SME law firms segment is expected to be the fastest growing segment in the legal services market segmented by size, at a CAGR of 6.66% during 2024-2029.
The legal services market is segmented by mode into online legal services and offline legal services. The offline legal services market was the largest segment of the legal services market segmented by mode, accounting for 70.52% or $557.21 billion of the total in 2024. Going forward, the online legal services segment is expected to be the fastest growing segment in the legal services market segmented by mode, at a CAGR of 8.22% during 2024-2029.
The legal services market is segmented by type of practice into litigation, corporate, labor/employment, real estate, patent litigation, tax, bankruptcy and other modes. The litigation market was the largest segment of the legal services market segmented by type of practice, accounting for 24.04% or $189.95 billion of the total in 2024. Going forward, the tax segment is expected to be the fastest growing segment in the legal services market segmented by type of practice, at a CAGR of 6.79% during 2024-2029.
The top opportunities in the legal services market segmented by type will arise in the B2B legal services segment, which will gain $118.29 billion of global annual sales by 2029. The top opportunities in the legal services market segmented by size will arise in the large law firms segment, which will gain $131.67 billion of global annual sales by 2029. The top opportunities in the legal services market segmented by mode will arise in the offline legal services segment, which will gain $122.36 billion of global annual sales by 2029. The top opportunities in the legal services market segmented by type of practice will arise in the corporate segment, which will gain $68.05 billion of global annual sales by 2029. The top opportunities in the legal services market segmented by end user will arise in the financial services segment, which will gain $114.97 billion of global annual sales by 2029. The legal services market size will gain the most in the USA at $102.05 billion.
Market-trend-based strategies for the legal services market include strategic partnerships to enhance service offerings, expand market reach, and leverage technological advancements, strategic partnerships to expand their service offerings, access new markets, integrating AI-powered legal assistants to enhance efficiency, accuracy, and client service in legal workflows, alternative legal service providers (ALSPs) to focus on the ‘business of law’, leveraging a combination of legal, business and technology capabilities and artificial intelligence (AI) to bring new efficiencies to lawyers.
Player-adopted strategies in the legal services market include focus on expanding its business capabilities through partnership and focus on expanding its manufacturing capabilities through strategic investment.
To take advantage of the opportunities, the analyst recommends the legal services companies to focus on integrating AI-driven legal assistants to scale efficiency and client service, focus on expanding alternative legal service provider (ALSP) partnerships to optimize efficiency and cost, focus on leveraging AI-driven automation to enhance productivity and client engagement, focus on hybrid legal services to drive sustainable growth, focus on SME law firms to capture rapid market expansion, focus on online legal services to accelerate scalable growth, focus on tax legal services to maximize high-growth opportunities, expand in emerging markets, focus on strategic partnerships to drive growth and efficiency, focus on strategic partnerships to strengthen global reach and competitiveness, focus on optimizing value-based pricing to strengthen competitiveness, strengthen digital visibility through strategic content and partnerships, use client-centric communication to build trust and retention and focus on enhancing workforce expertise and client engagement.
The global legal services market reached a value of nearly $790.14 billion in 2024, having grown at a compound annual growth rate (CAGR) of 3.87% since 2019. The market is expected to grow from $790.14 billion in 2024 to $1.02 trillion in 2029 at a rate of 5.35%. The market is then expected to grow at a CAGR of 5.63% from 2029 and reach $1.34 trillion in 2034.
Growth in the historic period resulted from growth in divorce rates, rising incidence of cybercrimes, expansion of small and medium enterprises (SMEs) and startups and rising corporate transactions. Factors that negatively affected growth in the historic period were the high cost of legal services and dependence on billable hours.
Going forward, government support, rising drug-related crises and lawsuits, increasing demand for transactional practice areas and growing legal tech industry will drive growth. Factors that could hinder the growth of the legal services market in the future include were shortage of skilled lawyers, slow judicial processes and case backlogs and impact of trade wars and tariffs.
North America was the largest region in the legal services market, accounting for 59.19% or $467.71 billion of the total in 2024. It was followed by Western Europe, Asia Pacific and then the other regions. Going forward, the fastest-growing regions in the legal services market will be Middle East and Africa where growth will be at CAGRs of 9.59% and 8.78% respectively. These will be followed by Eastern Europe and Asia Pacific where the markets are expected to grow at CAGRs of 8.40% and 7.45% respectively.
The global legal services market is fragmented, with a large number of small players operating in the market. The top 10 competitors in the market made up 6.11% of the total market in 2024. Kirkland & Ellis LLP was the largest competitor with a 1.11% share of the market, followed by Latham & Watkins LLP with 0.89%, Deloitte Touche Tohmatsu Limited with 0.60%, Ernst & Young Global Limited (EY) with 0.54%, PricewaterhouseCoopers LLP (PwC) with 0.53%, DLA Piper LLP with 0.53%, KPMG International Limited with 0.53%, A&O Shearman (Shearman & Sterling LLP) with 0.47%, Skadden, Arps, Slate, Meagher & Flom LLP with 0.46%. and Gibson Dunn & Crutcher LLP. with 0.46%.
The legal services market is segmented by type into B2B legal services, B2C legal services, hybrid legal services and criminal law practices. The B2B legal services market was the largest segment of the legal services market segmented by type, accounting for 54.77% or $432.76 billion of the total in 2024. Going forward, the hybrid legal services segment is expected to be the fastest growing segment in the legal services market segmented by type, at a CAGR of 8.08% during 2024-2029.
The legal services market is segmented by size into large law firms and SME law firms. The large law firms market was the largest segment of the legal services market segmented by size, accounting for 65.54% or $517.88 billion of the total in 2024. Going forward, the SME law firms segment is expected to be the fastest growing segment in the legal services market segmented by size, at a CAGR of 6.66% during 2024-2029.
The legal services market is segmented by mode into online legal services and offline legal services. The offline legal services market was the largest segment of the legal services market segmented by mode, accounting for 70.52% or $557.21 billion of the total in 2024. Going forward, the online legal services segment is expected to be the fastest growing segment in the legal services market segmented by mode, at a CAGR of 8.22% during 2024-2029.
The legal services market is segmented by type of practice into litigation, corporate, labor/employment, real estate, patent litigation, tax, bankruptcy and other modes. The litigation market was the largest segment of the legal services market segmented by type of practice, accounting for 24.04% or $189.95 billion of the total in 2024. Going forward, the tax segment is expected to be the fastest growing segment in the legal services market segmented by type of practice, at a CAGR of 6.79% during 2024-2029.
The top opportunities in the legal services market segmented by type will arise in the B2B legal services segment, which will gain $118.29 billion of global annual sales by 2029. The top opportunities in the legal services market segmented by size will arise in the large law firms segment, which will gain $131.67 billion of global annual sales by 2029. The top opportunities in the legal services market segmented by mode will arise in the offline legal services segment, which will gain $122.36 billion of global annual sales by 2029. The top opportunities in the legal services market segmented by type of practice will arise in the corporate segment, which will gain $68.05 billion of global annual sales by 2029. The top opportunities in the legal services market segmented by end user will arise in the financial services segment, which will gain $114.97 billion of global annual sales by 2029. The legal services market size will gain the most in the USA at $102.05 billion.
Market-trend-based strategies for the legal services market include strategic partnerships to enhance service offerings, expand market reach, and leverage technological advancements, strategic partnerships to expand their service offerings, access new markets, integrating AI-powered legal assistants to enhance efficiency, accuracy, and client service in legal workflows, alternative legal service providers (ALSPs) to focus on the ‘business of law’, leveraging a combination of legal, business and technology capabilities and artificial intelligence (AI) to bring new efficiencies to lawyers.
Player-adopted strategies in the legal services market include focus on expanding its business capabilities through partnership and focus on expanding its manufacturing capabilities through strategic investment.
To take advantage of the opportunities, the analyst recommends the legal services companies to focus on integrating AI-driven legal assistants to scale efficiency and client service, focus on expanding alternative legal service provider (ALSP) partnerships to optimize efficiency and cost, focus on leveraging AI-driven automation to enhance productivity and client engagement, focus on hybrid legal services to drive sustainable growth, focus on SME law firms to capture rapid market expansion, focus on online legal services to accelerate scalable growth, focus on tax legal services to maximize high-growth opportunities, expand in emerging markets, focus on strategic partnerships to drive growth and efficiency, focus on strategic partnerships to strengthen global reach and competitiveness, focus on optimizing value-based pricing to strengthen competitiveness, strengthen digital visibility through strategic content and partnerships, use client-centric communication to build trust and retention and focus on enhancing workforce expertise and client engagement.
Table of Contents
1. Executive Summary2. Table of Contents3. List of Figures4. List of Tables5. Report Structure7. Product/Service Analysis -Product/Service Examples
6. Introduction And Market Characteristics
8. Supply Chain Analysis
9. Customer Information
10. Major Market Trends
11. Legal Services Market - Macro Economic Scenario
12. Global Legal Services Market Size And Growth
13. Legal Services Market, Regional Analysis
14. Global Market Segmentation
15. Legal Services Market Segments
16. Market Comparison with Macro Economic Factors
17. Asia-Pacific Market
18. Western Europe Market
19. Eastern Europe Market
20. North America Market
21. South America Market
22. Middle East Market
23. Africa Market
24. Competitive Landscape And Company Profiles
25. Key Mergers And Acquisitions
26. Market Background: Professional Services Market
27. Opportunities And Strategies
28. Legal Services Market, Conclusions And Recommendations
29. Appendix
Executive Summary
Legal Services Global Market Opportunities and Strategies to 2034 provides the strategists; marketers and senior management with the critical information they need to assess the global legal services market as it emerges from the COVID-19 shut down.Reasons to Purchase:
- Gain a truly global perspective with the most comprehensive report available on this market covering 50 geographies.
- Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market research findings
- Benchmark performance against key competitors.
- 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.
Description
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 market global report answers all these questions and many more.The report covers market characteristics; size and growth; segmentation; regional and country breakdowns; competitive landscape; market shares; trends and strategies for this market. It traces the market’s history and forecasts market growth by geography. It places the market within the context of the wider legal services market; and compares it with other markets.
The report covers the following chapters:
- Introduction and Market Characteristics - Brief introduction to the segmentations covered in the market, definitions and explanations about the segment by type, by size, by mode, by type of practice and by end user.
- Key Trends - Highlights the major trends shaping the global market. This section also highlights likely future developments in the market.
- Growth Analysis and Strategic Analysis Framework - Analysis on PESTEL, end use industries, market growth rate, global historic (2019-2024) and forecast (2024-2029, 2034F) market values and drivers and restraints that support and control the growth of the market in the historic and forecast periods, forecast growth contributors and total addressable market (TAM).
- Global Market Size and Growth - Global historic (2019-2024) and forecast (2024-2029, 2034F) market values and drivers and restraints that support and control the growth of the market in the historic and forecast periods.
- Regional and Country Analysis - Historic (2019-2024) and forecast (2024-2029, 2034F) market values and growth and market share comparison by region and country.
- Market Segmentation - Contains the market values (2019-2024) (2024-2029, 2034F) and analysis for each segment by type, by size, by mode, by type of practice and by end user in the market. Historic (2019-2024) and forecast (2024-2029) and (2029-2034) market values and growth and market share comparison by region market.
- Regional Market Size and Growth - Regional market size (2024), historic (2019-2024) and forecast (2024-2029, 2034F) market values and growth and market share comparison of countries within the region. This report includes information on all the regions Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa and major countries within each region.
- Competitive Landscape - Details on the competitive landscape of the market, estimated market shares and company profiles of the leading players.
- Other Major and Innovative Companies - Details on the company profiles of other major and innovative companies in the market.
- Competitive Benchmarking - Briefs on the financials comparison between major players in the market.
- Competitive Dashboard - Briefs on competitive dashboard of major players.
- Key Mergers and Acquisitions - Information on recent mergers and acquisitions in the market covered in the report.This section gives key financial details of mergers and acquisitions, which have shaped the market in recent years.
- Recent Developments - Information on recent developments in the market covered in the report.
- Market Opportunities and Strategies - Describes market opportunities and strategies based on findings of the research, with information on growth opportunities across countries, segments and strategies to be followed in those markets.
- Conclusions and Recommendations - This section includes recommendations for legal services providers in terms of product/service offerings geographic expansion, marketing strategies and target groups.
- Appendix - This section includes details on the NAICS codes covered, abbreviations and currencies codes used in this report.
2) By Size: Large Law Firms; SME Law Firms
3) By Type of Practice: Online Legal Services; Offline Legal Services
4) By Mode: Litigation; Corporate; Labor/Employment; Real Estate; Patent Litigation; Tax; Bankruptcy; Other Modes
5) By End User: Individuals; Financial Services; Mining and Oil and Gas; Manufacturing; Construction; IT Services; Other End Users
Companies Mentioned: Kirkland & Ellis LLP; Latham & Watkins LLP; Deloitte Touche Tohmatsu Limited; Ernst & Young Global Limited (EY); PricewaterhouseCoopers LLP (PwC).
Countries: Australia; China; India; Indonesia; Japan; South Korea; Bangladesh; Thailand; Vietnam; Malaysia; Singapore; Philippines; Hong Kong; New Zealand; USA; Canada; Mexico; France; Germany; UK; Austria; Belgium; Denmark; Finland; Ireland; Italy; Netherlands; Norway; Portugal; Spain; Sweden; Switzerland; Russia; Czech Republic; Poland; Romania; Ukraine; Brazil; Chile; Argentina; Colombia; Peru; Saudi Arabia; Israel; Iran; Turkey; UAE; Egypt; Nigeria; South Africa
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets; GDP proportions; expenditure per capita; legal services indicators comparison.
Data Segmentation: 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.
Companies Mentioned
The companies profiled in this Legal Services market report include:- Kirkland & Ellis LLP
- Latham & Watkins LLP
- Deloitte Touche Tohmatsu Limited
- Ernst & Young Global Limited (EY)
- PricewaterhouseCoopers LLP (PwC)
- DLA Piper LLP
- KPMG International Limited
- A&O Shearman (Shearman & Sterling LLP)
- Skadden, Arps, Slate, Meagher & Flom LLP
- Gibson Dunn & Crutcher LLP
- Mori Hamada & Matsumoto
- Pyne & Partners
- India Law Offices LLP
- Amarchand and Mangaldas and Suresh A. Shroff and Co
- Nishimura and Asahi
- Tilleke and Gibbins
- Allen and Gledhill LLP
- Rajah and Tann
- Kim and Chang
- Kim and Lee LLC
- DSK Legal
- J Sagar And Associates (JSA)
- Nagashima Ohno and Tsunematsu
- Dentons Link Legal
- ZICO Law Laos
- Cyril Amarchand Mangaldas
- Capstone Legal
- K Singhania & Co
- Han Kun Law
- Cornwalls Melbourne
- Advanced Discovery Inc. (ADIO)
- LegalOn Technologies, Inc.
- Atsumi & Sakai
- SuperLawyer
- Rimon Law
- Baker McKenzie
- Miura & Partners
- TNY Legal Co., Ltd.
- King & Wood Mallesons
- Heskia-Hacmun Law Firm
- Dacheng
- Kim & Chang
- India Law Offices
- Jun He Law Offices
- Loyens & Loeff
- Rajah and Tann Asia
- Anand & Anand
- AZB & Partners
- Desai & Dewanji
- IndusLaw
- Khaitan & Co.
- Lakshmikumaran & Sridharan (L&S)
- S&R Associates
- Proxiio Global Solutions Pvt Ltd
- Trust Law
- Baker McKenzie FenXun
- Wang Jing & GH Law Firm
- Corra Legal
- DR & AJU Law Group LLC
- Shin & Kim
- Factagora
- Yulchon
- Yoon & Yang
- Jipyong
- Barun Law LLC
- Bae, Kim & Lee (BKL)
- Law&Company
- Uría Menéndez
- Norton Rose Fulbright
- Gleiss Lutz
- Cuatrecasas
- Flick Gocke Schaumburg
- BonelliErede
- Arendt & Medernach SA
- Hogan Lovells
- LP Law Firm
- Osler, Hoskin & Harcourt LLP
- Fidal
- Elham Ali Hassan & Associates (EAH Law)
- Kinstellar
- Linklaters LLP
- VJT & Partners
- Heuking Kühn Lüer Wojtek
- Mishcon de Reya LLP
- Garrigues
- Eversheds Sutherland
- Clifford Chance
- White & Case LLP
- Karnov Group AB
- CGO Finance sp. z o.o.
- EPAM Law (EPAM)
- B M Musau & Company, Advocates LLP
- Pepeliaev Group
- Bitala & Co. Advocates
- Dudkowiak and Kopeć Business Layers
- Fieldfisher
- Blake, Cassels & Graydon LLP (Blakes)
- Bennett Jones LLP
- McCarthy Tétrault LLP
- Fasken Martineau DuMoulin LLP
- Consilio
- Elevate Services Inc
- LegalZoom, Inc
- Mijares Angoitia Cortés y Fuentes, S.C. (MACF)
- Ritch Mueller
- Hayaux & Goebel
- Marval, O'Farrell & Mairal
- Mitrani Caballero
- Bomchil
- Allende & Brea
- Demarest Advogados
- TozziniFreire Advogados
- Claro & Cía.
- Baker McKenzie Chile
- Garrigues Chile
- Spencer Global
- Brigard & Urrutia
- Dentons Cardenas & Cardenas
- Pinilla Plazas & Asociados SAS
- Colombia Law Connection
- Hernández & Cía.
- Miranda & Amado
- Nami Associates
- Farama & Co
- Karimi & Associates
- ESK Law Firm
- Asgari & Associates
- Meitar Law Offices
- Naschitz, Brandes, Amir & Co.
- Aharoni Law Firm
- AS&H Clifford Chance
- Khoshaim & Associates
- Paksoy Attorneys at Law
- Kesikli Law Firm
- Esin Attorney Partnership
- Kurucuk & Associates
- Pi Legal Consultancy (PiLC)
- Al Tamimi & Company
- Galadari Advocates & Legal Consultants
- Fichte & Co Legal Consultancy
- Ahmad Abdulla Ahli Advocates & Legal Consultants
- Zaki Hashem & Partners
- Matouk Bassiouny & Hennawy
- Zulficar & Partners
- Alzayat Law Firm
- Shalakany Law Office
- Sadany & Khalifa Law Firm
- Eldib Advocates
- Aluko & Oyebode
- UDO UDOMA & BELO OSAGIE
- G. Elias
- Jackson, Etti & Edu
- Dentons ACAS-Law
- Webber Wentzel
- ENSafrica
- Cliffe Dekker Hofmeyr
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 609 |
| Published | December 2025 |
| Forecast Period | 2024 - 2034 |
| Estimated Market Value ( USD | $ 790.1 Billion |
| Forecasted Market Value ( USD | $ 1340 Billion |
| Compound Annual Growth Rate | 5.5% |
| Regions Covered | Global |
| No. of Companies Mentioned | 157 |
