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Legal Services Market Size, Share & Trends Analysis Report By Services (Taxation, Real Estate, Litigation, Bankruptcy, Labor/Employment, Corporate), By Firm Size, By Provider, And Segment Forecasts, 2021 - 2028

  • ID: 5440528
  • Report
  • September 2021
  • Region: Global
  • 115 Pages
  • Grand View Research

FEATURED COMPANIES

  • Baker & McKenzie
  • Clifford Chance LLP
  • Deloitte
  • DLA Piper
  • Ernst & Young (E&Y)
  • Kirkland & Ellis LLP
The global legal services market size is anticipated to reach USD 1,196.01 billion by 2028, exhibiting a CAGR of 4.4% over the forecast period, according to a new report by the publisher. The growing use of latest technologies in offering legal services is expected to drive the market growth. A strong emphasis on ensuring transparency in the relationship with clients is also expected to drive the growth of the market.





Law firms are increasingly adopting chatbots to aid in optimizing the work process and save time and costs for themselves as well as their clients. Chatbots can help law firms in digitizing the information and searching for lawyer-specific documents, among other tasks. Chatbots can also help in following up with non-responsive clients and seeking the required information through automated conversations.

Law firms are exploring different ways to help their clients in reducing exposure to risks and the costs incurred on compliances by aiding them in better management of information, thereby paving the way for adopting document automation software in legal services. Document automation software takes end users through a questionnaire to collect relevant data and direct them throughout the entire document creation process. Such an approach relieves the end users from the tedious process of understanding the terminologies appearing in the document.

Social networking holds significant potential to transform the way legal services are delivered. As such, law professionals are adopting various social media tools to accomplish a myriad of legal tasks as well as pursuing their career objectives. Social networking platforms, including LinkedIn, Facebook, and Twitter, are particularly helping law professionals in reaching a larger audience.

Legal Services Market Report Highlights

  • The corporate segment is expected to emerge as the fastest-growing segment over the forecast period as disputes over organizational audits, discrimination and harassment of employees, copyright violation, and patent infringement continue to rise
  • The private practicing attorneys segment is expected to witness substantial growth over the forecast period owing to the increased opportunities for attorneys in large enterprises as well as small- & mid-sized enterprises
  • Law firms are changing their hiring patterns in line with the evolving requirements of the clients
  • Law firms are collaborating with professional service providers to offer unified multi-disciplinary services to their clients


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FEATURED COMPANIES

  • Baker & McKenzie
  • Clifford Chance LLP
  • Deloitte
  • DLA Piper
  • Ernst & Young (E&Y)
  • Kirkland & Ellis LLP
Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
1.3.1. Purchased database
1.3.2. Internal database
1.3.3. Secondary sources & third-party perspectives
1.3.4. Primary research
1.4. Information Analysis
1.4.1. Data analysis models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing

Chapter 2. Executive Summary
2.1. Legal Services Industry Snapshot & Key Buying Criteria, 2018 - 2028

Chapter 3. Legal Services Market Variables, Trends & Scope
3.1. Market Size and Growth prospects
3.2. Industry Value Chain Analysis
3.3. Market Dynamics
3.3.1. Market driver analysis
3.3.1.1. Technological disruptions in the legal industry
3.3.1.2. Rise in the number of Alternative Legal Service Providers (ALSPs)
3.3.2. Market restraint analysis
3.3.2.1. Regulatory challenges in the legal industry
3.4. Business Environment Analysis Tools
3.4.1. Industry analysis - Porter’s
3.4.2. PEST analysis
3.5. Penetration and Growth Prospects Mapping

Chapter 4. Legal Services Market - Competitive Analysis
4.1. Recent Developments & Impact Analysis, By Key Market Participants
4.2. Key Company Categorization (Key Innovators, Market Leaders, and Emerging Players)
4.3. Key Company Market Share Analysis, 2020
4.4. Public Companies
4.4.1. Company market position analysis
4.4.2. Company market share/ranking, by region
4.5. Private Companies
4.5.1. List of key emerging companies /technology disruptors/innovators
4.5.2. Company market position analysis

Chapter 5. Legal Services Market: Services Estimates & Trend Analysis
5.1. Market Size Estimates & Forecasts and Trend Analysis, 2018 - 2028 (USD Billion)
5.2. Legal Services Market: Services Movement Analysis, 2020 & 2028
5.2.1. Taxation
5.2.1.1. Market estimates & forecasts by region, 2018 - 2028 (USD Billion)
5.2.2. Real estate
5.2.2.1. Market estimates & forecasts by region, 2018 - 2028 (USD Billion)
5.2.3. Litigation
5.2.3.1. Market estimates & forecasts by region, 2018 - 2028 (USD Billion)
5.2.4. Bankruptcy
5.2.4.1. Market estimates & forecasts by region, 2018 - 2028 (USD Billion)
5.2.5. Labor/employment
5.2.5.1. Market estimates & forecasts by region, 2018 - 2028 (USD Billion)
5.2.6. Corporate
5.2.6.1. Market estimates & forecasts by region, 2018 - 2028 (USD Billion)

Chapter 6. Legal Services Market: Firm Size Estimates & Trend Analysis
6.1. Market Size Estimates & Forecasts and Trend Analysis, 2018 - 2028 (USD Billion)
6.2. Legal Services Market: Firm Size Movement Analysis, 2020 & 2028
6.2.1. Large firms
6.2.1.1. Market estimates & forecasts by region, 2018 - 2028 (USD Billion)
6.2.2. Medium firms
6.2.2.1. Market estimates & forecasts by region, 2018 - 2028 (USD Billion)
6.2.3. Small firms
6.2.3.1. Market estimates & forecasts by region, 2018 - 2028 (USD Billion)

Chapter 7. Legal Services Market: Provider Estimates & Trend Analysis
7.1. Market Size Estimates & Forecasts and Trend Analysis, 2018 - 2028 (USD Billion)
7.2. Legal Services Market: Provider Movement Analysis, 2020 & 2028
7.2.1. Private practicing attorneys
7.2.1.1. Market estimates & forecasts by region, 2018 - 2028 (USD Billion)
7.2.2. Legal business firms
7.2.2.1. Market estimates & forecasts by region, 2018 - 2028 (USD Billion)
7.2.3. Government departments
7.2.3.1. Market estimates & forecasts by region, 2018 - 2028 (USD Billion)
7.2.4. Others
7.2.4.1. Market estimates & forecasts by region, 2018 - 2028 (USD Billion)

Chapter 8. Legal Services Market: Regional Estimates & Trend analysis
8.1. Market Size Estimates & Forecasts and Trend Analysis, 2018 - 2028 (USD Billion)
8.2. Legal Services Market Share by Region, 2020 & 2028
8.3. North America
8.3.1. Market estimates & forecasts by services, 2018 - 2028 (USD Billion)
8.3.2. Market estimates & forecasts by firm size, 2018 - 2028 (USD Billion)
8.3.3. Market estimates & forecasts by provider, 2018 - 2028 (USD Billion)
8.3.4. U.S.
8.3.4.1. Market estimates & forecasts by services, 2018 - 2028 (USD Billion)
8.3.4.2. Market estimates & forecasts by firm size, 2018 - 2028 (USD Billion)
8.3.4.3. Market estimates & forecasts by provider, 2018 - 2028 (USD Billion)
8.3.5. Canada
8.3.5.1. Market estimates & forecasts by services, 2018 - 2028 (USD Billion)
8.3.5.2. Market estimates & forecasts by firm size, 2018 - 2028 (USD Billion)
8.3.5.3. Market estimates & forecasts by provider, 2018 - 2028 (USD Billion)
8.4. Europe
8.4.1. Market estimates & forecasts by services, 2018 - 2028 (USD Billion)
8.4.2. Market estimates & forecasts by firm size, 2018 - 2028 (USD Billion)
8.4.3. Market estimates & forecasts by provider, 2018 - 2028 (USD Billion)
8.4.4. U.K.
8.4.4.1. Market estimates & forecasts by services, 2018 - 2028 (USD Billion)
8.4.4.2. Market estimates & forecasts by firm size, 2018 - 2028 (USD Billion)
8.4.4.3. Market estimates & forecasts by provider, 2018 - 2028 (USD Billion)
8.4.5. Germany
8.4.5.1. Market estimates & forecasts by services, 2018 - 2028 (USD Billion)
8.4.5.2. Market estimates & forecasts by firm size, 2018 - 2028 (USD Billion)
8.4.5.3. Market estimates & forecasts by provider, 2018 - 2028 (USD Billion)
8.5. Asia Pacific
8.5.1. Market estimates & forecasts by services, 2018 - 2028 (USD Billion)
8.5.2. Market estimates & forecasts by firm size, 2018 - 2028 (USD Billion)
8.5.3. Market estimates & forecasts by provider, 2018 - 2028 (USD Billion)
8.5.4. China
8.5.4.1. Market estimates & forecasts by services, 2018 - 2028 (USD Billion)
8.5.4.2. Market estimates & forecasts by firm size, 2018 - 2028 (USD Billion)
8.5.4.3. Market estimates & forecasts by provider, 2018 - 2028 (USD Billion)
8.5.5. Japan
8.5.5.1. Market estimates & forecasts by services, 2018 - 2028 (USD Billion)
8.5.5.2. Market estimates & forecasts by firm size, 2018 - 2028 (USD Billion)
8.5.5.3. Market estimates & forecasts by provider, 2018 - 2028 (USD Billion)
8.5.6. India
8.5.6.1. Market estimates & forecasts by services, 2018 - 2028 (USD Billion)
8.5.6.2. Market estimates & forecasts by firm size, 2018 - 2028 (USD Billion)
8.5.6.3. Market estimates & forecasts by provider, 2018 - 2028 (USD Billion)
8.6. Latin America
8.6.1. Market estimates & forecasts by services, 2018 - 2028 (USD Billion)
8.6.2. Market estimates & forecasts by firm size, 2018 - 2028 (USD Billion)
8.6.3. Market estimates & forecasts by provider, 2018 - 2028 (USD Billion)
8.6.4. Brazil
8.6.4.1. Market estimates & forecasts by services, 2018 - 2028 (USD Billion)
8.6.4.2. Market estimates & forecasts by firm size, 2018 - 2028 (USD Billion)
8.6.4.3. Market estimates & forecasts by provider, 2018 - 2028 (USD Billion)
8.6.5. Argentina
8.6.5.1. Market estimates & forecasts by services, 2018 - 2028 (USD Billion)
8.6.5.2. Market estimates & forecasts by firm size, 2018 - 2028 (USD Billion)
8.6.5.3. Market estimates & forecasts by provider, 2018 - 2028 (USD Billion)
8.6.6. Chile
8.6.6.1. Market estimates & forecasts by services, 2018 - 2028 (USD Billion)
8.6.6.2. Market estimates & forecasts by firm size, 2018 - 2028 (USD Billion)
8.6.6.3. Market estimates & forecasts by provider, 2018 - 2028 (USD Billion)
8.7. Middle East and Africa (MEA)
8.7.1. Market estimates & forecasts by services, 2018 - 2028 (USD Billion)
8.7.2. Market estimates & forecasts by firm size, 2018 - 2028 (USD Billion)
8.7.3. Market estimates & forecasts by provider, 2018 - 2028 (USD Billion)

Chapter 9. Competitive Landscape
9.1. Baker & McKenzie
9.1.1. Company overview
9.1.2. Financial performance
9.1.3. Product benchmarking
9.1.4. Recent developments
9.2. Clifford Chance LLP
9.2.1. Company overview
9.2.2. Financial performance
9.2.3. Product benchmarking
9.2.4. Recent developments
9.3. Deloitte
9.3.1. Company overview
9.3.2. Financial performance
9.3.3. Product benchmarking
9.3.4. Recent developments
9.4. DLA Piper
9.4.1. Company overview
9.4.2. Financial performance
9.4.3. Product benchmarking
9.4.4. Recent developments
9.5. Ernst & Young (E&Y)
9.5.1. Company overview
9.5.2. Financial performance
9.5.3. Product benchmarking
9.5.4. Recent Developments
9.6. Kirkland & Ellis LLP
9.6.1. Company overview
9.6.2. Financial performance
9.6.3. Product benchmarking
9.6.4. Recent developments
9.7. KPMG
9.7.1. Company overview
9.7.2. Financial performance
9.7.3. Product benchmarking
9.7.4. Recent developments
9.8. LATHAM & WATKINS LLP
9.8.1. Company overview
9.8.2. Financial performance
9.8.3. Product benchmarking
9.8.4. Recent developments
9.9. PwC
9.9.1. Company overview
9.9.2. Financial performance
9.9.3. Product benchmarking
9.9.4. Recent developments
9.10. Skadden, Arps, Slate, Meagher & Flom LLP and Affiliates
9.10.1. Company overview
9.10.2. Financial performance
9.10.3. Product benchmarking
9.10.4. Strategic initiatives
9.10.5. Recent developments
List of Tables

Table 1 Legal Services - Industry snapshot & key buying criteria, 2018 - 2028
Table 2 Global legal services market, 2018 - 2028 (USD Billion)
Table 3 Global legal services market by region, 2018 - 2028 (USD Billion)
Table 4 Global legal services market estimates and forecasts by services, 2018 - 2028 (USD Billion)
Table 5 Global legal services market estimates and forecasts by firm size, 2018 - 2028 (USD Billion)
Table 6 Global legal services market estimates and forecasts by provider,2018 - 2028 (USD Billion)
Table 7 Legal services market - Key market driver impact
Table 8 Global legal services market - Key market restraint impact
Table 9 Global legal services market in taxation, by region, 2018 - 2028 (USD Billion)
Table 10 Global legal services market in real estate, by region, 2018 - 2028 (USD Billion)
Table 11 Global legal services market in litigation, by region, 2018 - 2028 (USD Billion)
Table 12 Global legal services market in bankruptcy, by region, 2018 - 2028 (USD Billion)
Table 13 Global legal services market in labor/employment, by region, 2018 - 2028 (USD Billion)
Table 14 Global legal services market in corporate, by region, 2018 - 2028 (USD Billion)
Table 15 Global large size legal firms market by region, 2018 - 2028 (USD Billion)
Table 16 Global medium size legal size market by region, 2018 - 2028 (USD Billion)
Table 17 Global small size legal services market by region, 2018 - 2028 (USD Billion)
Table 18 Global market for legal services offered by private practicing attorneys by region, 2018 - 2028 (USD Billion)
Table 19 Global market for legal services offered by legal business firms by region, 2018 - 2028 (USD Billion)
Table 20 Global market for legal services offered by government departments by region, 2018 - 2028 (USD Billion)
Table 21 Global market for legal services offered by other departments by region, 2018 - 2028 (USD Billion)
Table 22 North America legal services market by services, 2018 - 2028 (USD Billion)
Table 23 North America legal services market by firm size, 2018 - 2028 (USD Billion)
Table 24 North America legal services market by provider, 2018 - 2028 (USD Billion)
Table 25 U.S. legal services market by services, 2018 - 2028 (USD Billion)
Table 26 U.S. legal services market by firm size, 2018 - 2028 (USD Billion)
Table 27 U.S. legal services market by provider, 2018 - 2028 (USD Billion)
Table 28 Canada legal services market by services, 2018 - 2028 (USD Billion)
Table 29 Canada legal services market by firm size, 2018 - 2028 (USD Billion)
Table 30 Canada legal services market by provider, 2018 - 2028 (USD Billion)
Table 31 Europe legal services market by services, 2018 - 2028 (USD Billion)
Table 32 Europe legal services market by firm size, 2018 - 2028 (USD Billion)
Table 33 Europe legal services market by provider, 2018 - 2028 (USD Billion)
Table 34 Germany legal services market by services, 2018 - 2028 (USD Billion)
Table 35 Germany legal services market by firm size, 2018 - 2028 (USD Billion)
Table 36 Germany legal services market by provider, 2018 - 2028 (USD Billion)
Table 37 U.K. legal services market by services, 2018 - 2028 (USD Billion)
Table 38 U.K. legal services market by firm size, 2018 - 2028 (USD Billion)
Table 39 U.K. legal services market by provider, 2018 - 2028 (USD Billion)
Table 40 Asia Pacific legal services market by services, 2018 - 2028 (USD Billion)
Table 41 Asia Pacific legal services market by firm size, 2018 - 2028 (USD Billion)
Table 42 Asia Pacific legal services market by provider, 2018 - 2028 (USD Billion)
Table 43 China legal services market by services, 2018 - 2028 (USD Billion)
Table 44 China legal services market by firm size, 2018 - 2028 (USD Billion)
Table 45 China legal services market by provider, 2018 - 2028 (USD Billion)
Table 46 India legal services market by services, 2018 - 2028 (USD Billion)
Table 47 India legal services market by firm size, 2018 - 2028 (USD Billion)
Table 48 India legal services market by provider, 2018 - 2028 (USD Billion)
Table 49 Japan legal services market by services, 2018 - 2028 (USD Billion)
Table 50 Japan legal services market by firm size, 2018 - 2028 (USD Billion)
Table 51 Japan legal services market by provider, 2018 - 2028 (USD Billion)
Table 52 Latin America legal services market by services, 2018 - 2028 (USD Billion)
Table 53 Latin America legal services market by firm size, 2018 - 2028 (USD Billion)
Table 54 Latin America legal services market by provider, 2018 - 2028 (USD Billion)
Table 55 Brazil legal services market by services, 2018 - 2028 (USD Billion)
Table 56 Brazil legal services market by firm size, 2018 - 2028 (USD Billion)
Table 57 Brazil legal services market by provider, 2018 - 2028 (USD Billion)
Table 58 Argentina legal services market by services, 2018 - 2028 (USD Billion)
Table 59 Argentina legal services market by firm size, 2018 - 2028 (USD Billion)
Table 60 Argentina legal services market by provider, 2018 - 2028 (USD Billion)
Table 61 Chile legal services market by services, 2018 - 2028 (USD Billion)
Table 62 Chile legal services market by firm size, 2018 - 2028 (USD Billion)
Table 63 Chile legal services market by provider, 2018 - 2028 (USD Billion)
Table 64 MEA legal services market by services, 2018 - 2028 (USD Billion)
Table 65 MEA legal services market by firm size, 2018 - 2028 (USD Billion)
Table 66 MEA legal services market by provider, 2018 - 2028 (USD Billion)
List of Figures

FIG 1 Industry snapshot - Legal services market
FIG 2 Market segmentation & scope
FIG 3 Legal services market size and growth prospects (USD Billion)
FIG 4 Legal services - Value chain analysis
FIG 5 Legal services - Market dynamics
FIG 6 Legal services - Key opportunities prioritized
FIG 7 Legal services - Porter’s five forces analysis
FIG 8 Legal services - PEST analysis
FIG 9 Legal services, services outlook key takeaways
FIG 10 Legal services market: Services movement analysis
FIG 11 Global legal services market in taxation, 2018 - 2028 (USD Billion)
FIG 12 Global legal services market in real estate, 2018 - 2028 (USD Billion)
FIG 13 Global legal services market in litigation, 2018 - 2028 (USD Billion)
FIG 14 Global legal services market in bankruptcy, 2018 - 2028 (USD Billion)
FIG 15 Global legal services market in labor/employment, 2018 - 2028 (USD Billion)
FIG 16 Global legal services market in corporate, 2018 - 2028 (USD Billion)
FIG 17 Legal services firm size outlook key takeaways
FIG 18 Legal services market: Firm size movement analysis
FIG 19 Global large size legal firms market, 2018 - 2028 (USD Billion)
FIG 20 Global medium size legal firms market, 2018 - 2028 (USD Billion)
FIG 21 Global small size legal firms market, 2018 - 2028 (USD Billion)
FIG 22 Legal services provider outlook key takeaways
FIG 23 Legal services market: Provider movement analysis
FIG 24 Global market for legal services offered by private practicing attorneys, 2018 - 2028 (USD Billion)
FIG 25 Global market for legal services offered by legal business firms, 2018 - 2028 (USD Billion)
FIG 26 Global market for legal services offered by government departments, 2018 - 2028 (USD Billion)
FIG 27 Global market for legal services offered by other legal departments, 2018 - 2028 (USD Billion)
FIG 28 Regional marketplace: Key takeaways
FIG 29 Regional outlook, 2020 & 2028
FIG 30 North America legal services market, 2018 - 2028 (USD Billion)
FIG 31 North America legal services market by services, 2018 - 2028 (USD Billion)
FIG 32 North America legal services market by firm size, 2018 - 2028 (USD Billion)
FIG 33 North America legal services market by provider, 2018 - 2028 (USD Billion)
FIG 34 U.S. legal services market by solution, 2018 - 2028 (USD Billion)
FIG 35 U.S. legal services market by firm size, 2018 - 2028 (USD Billion)
FIG 36 U.S. legal services market by provider, 2018 - 2028 (USD Billion)
FIG 37 Canada legal services market by services, 2018 - 2028 (USD Billion)
FIG 38 Canada legal services market by firm size, 2018 - 2028 (USD Billion)
FIG 39 Canada legal services market by provider, 2018 - 2028 (USD Billion)
FIG 40 Europe legal services market, 2018 - 2028 (USD Billion)
FIG 41 Europe legal services market by services, 2018 - 2028 (USD Billion)
FIG 42 Europe legal services market by firm size, 2018 - 2028 (USD Billion)
FIG 43 Europe legal services market by provider, 2018 - 2028 (USD Billion)
FIG 44 Germany legal services market by services, 2018 - 2028 (USD Billion)
FIG 45 Germany legal services market by firm size, 2018 - 2028 (USD Billion)
FIG 46 Germany legal services market by provider, 2018 - 2028 (USD Billion)
FIG 47 U.K. legal services market by services, 2018 - 2028 (USD Billion)
FIG 48 U.K. legal services market by firm size, 2018 - 2028 (USD Billion)
FIG 49 U.K. legal services market by provider, 2018 - 2028 (USD Billion)
FIG 50 Asia Pacific legal services market, 2018 - 2028 (USD Billion)
FIG 51 Asia Pacific legal services market by services, 2018 - 2028 (USD Billion)
FIG 52 Asia Pacific legal services market by firm size, 2018 - 2028 (USD Billion)
FIG 53 Asia Pacific legal services market by provider, 2018 - 2028 (USD Billion)
FIG 54 China legal services market by services, 2018 - 2028 (USD Billion)
FIG 55 China legal services market by firm size, 2018 - 2028 (USD Billion))
FIG 56 China legal services market by provider, 2018 - 2028 (USD Billion)
FIG 57 India legal services market by services, 2018 - 2028 (USD Billion)
FIG 58 India legal services market by firm size, 2018 - 2028 (USD Billion)
FIG 59 India legal services market by provider, 2018 - 2028 (USD Billion)
FIG 60 Japan legal services market by services, 2018 - 2028 (USD Billion)
FIG 61 Japan legal services market by firm size, 2018 - 2028 (USD Billion)
FIG 62 Japan legal services market by provider, 2018 - 2028 (USD Billion)
FIG 63 Latin America legal services market, 2018 - 2028 (USD Billion)
FIG 64 Latin America legal services market by services, 2018 - 2028 (USD Billion)
FIG 65 Latin America legal services market by firm size, 2018 - 2028 (USD Billion)
FIG 66 Latin America legal services market by provider, 2018 - 2028 (USD Billion)
FIG 67 Brazil legal services market by services, 2018 - 2028 (USD Billion)
FIG 68 Brazil legal services market by firm size, 2018 - 2028 (USD Billion)
FIG 69 Brazil legal services market by provider, 2018 - 2028 (USD Billion)
FIG 70 Argentina legal services market by services, 2018 - 2028 (USD Billion)
FIG 71 Argentina legal services market by firm size, 2018 - 2028 (USD Billion)
FIG 72 Argentina legal services market by provider, 2018 - 2028 (USD Billion)
FIG 73 Chile legal services market by services, 2018 - 2028 (USD Billion)
FIG 74 Chile legal services market by firm size, 2018 - 2028 (USD Billion)
FIG 75 Chile legal services market by provider, 2018 - 2028 (USD Billion)
FIG 76 MEA legal services market, 2018 - 2028 (USD Billion)
FIG 77 MEA legal services market by services, 2018 - 2028 (USD Billion)
FIG 78 MEA legal services market by firm size, 2018 - 2028 (USD Billion)
Note: Product cover images may vary from those shown
  • Baker & McKenzie
  • Clifford Chance LLP
  • Deloitte
  • DLA Piper
  • Ernst & Young (E&Y)
  • Kirkland & Ellis LLP
  • KPMG
  • LATHAM & WATKINS LLP
  • PwC
  • Skadden, Arps, Slate, Meagher & Flom LLP and Affiliates
Note: Product cover images may vary from those shown

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