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Asia-Pacific Legal Services Market Summary, Competitive Analysis and Forecast, 2017-2026

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    Report

  • 49 Pages
  • November 2022
  • Region: Asia Pacific
  • MarketLine
  • ID: 5714741
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Legal Services in Asia-Pacific industry profile provides top-line qualitative and quantitative summary information including: market size (value 2017-21, and forecast to 2026). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

  • The legal services market includes practitioners of law operating in every sector of the legal spectrum. These include, but are not limited to, commercial, criminal, legal aid, insolvency, labor/industrial, family and taxation law.
  • The Asia-Pacific legal services market had total revenues of $107.6 billion in 2021, representing a compound annual growth rate (CAGR) of 5.4% between 2016 and 2021.
  • Market production volume increased with a CAGR of 4.5% between 2016 and 2021, to reach a total of 3,288,200 practitioners of law in 2021.
  • The Chinese legal services market is the largest in the region, accounting for 59.6% of the region’s market value.

Scope

  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the legal services market in Asia-Pacific
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the legal services market in Asia-Pacific
  • Leading company profiles reveal details of key legal services market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the Asia-Pacific legal services market with five year forecasts

Reasons to Buy

  • What was the size of the Asia-Pacific legal services market by value in 2021?
  • What will be the size of the Asia-Pacific legal services market in 2026?
  • What factors are affecting the strength of competition in the Asia-Pacific legal services market?
  • How has the market performed over the last five years?
  • What are the main segments that make up Asia-Pacific's legal services market?
Frequently Asked Questions about the Asia-Pacific Legal Services Market

What is the estimated value of the Asia-Pacific Legal Services Market?

The Asia-Pacific Legal Services Market was estimated to be valued at $107.58 Billion in 2021.

What is the growth rate of the Asia-Pacific Legal Services Market?

The growth rate of the Asia-Pacific Legal Services Market is 6.4%, with an estimated value of $147.02 Billion by 2026.

What is the forecasted size of the Asia-Pacific Legal Services Market?

The Asia-Pacific Legal Services Market is estimated to be worth $147.02 Billion by 2026.

Who are the key companies in the Asia-Pacific Legal Services Market?

Key companies in the Asia-Pacific Legal Services Market include Baker & McKenzie LLP, Clifford Chance LLP and Herbert Smith Freehills.

Table of Contents

1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Geography segmentation
1.6. Market rivalry
1.7. Competitive Landscape

2 Market Overview
2.1. Market definition
2.2. Market analysis

3 Market Data
3.1. Market value
3.2. Market volume

4 Market Segmentation
4.1. Geography segmentation

5 Market Outlook
5.1. Market value forecast
5.2. Market volume forecast

6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry

7 Competitive Landscape
7.1. Who are the leading players?
7.2. What strategies do the leading players follow?
7.3. What alternative legal services providers are competing with leading players?
7.4. Who are the main challengers to the leading players?

8 Company Profiles
8.1. Baker & McKenzie LLP
8.2. Clifford Chance LLP
8.3. Dentons UK and Middle East LLP
8.4. Herbert Smith Freehills

9 Macroeconomic Indicators
9.1. Country data

10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related Research
10.4. About the Publisher

List of Tables
Table 1: Asia-Pacific legal services market value: $ billion, 2016-21
Table 2: Asia-Pacific legal services market volume: thousand practitioners of law, 2016-21
Table 3: Asia-Pacific legal services market geography segmentation: $ billion, 2021
Table 4: Asia-Pacific legal services market value forecast: $ billion, 2021-26
Table 5: Asia-Pacific legal services market volume forecast: thousand practitioners of law, 2021-26
Table 6: Baker & McKenzie LLP: key facts
Table 7: Baker & McKenzie LLP: Key Employees
Table 8: Baker & McKenzie LLP: Key Employees Continued
Table 9: Baker & McKenzie LLP: Key Employees Continued
Table 10: Baker & McKenzie LLP: Key Employees Continued
Table 11: Clifford Chance LLP: key facts
Table 12: Clifford Chance LLP: Key Employees
Table 13: Dentons UK and Middle East LLP: key facts
Table 14: Dentons UK and Middle East LLP: Key Employees
Table 15: Dentons UK and Middle East LLP: Key Employees Continued
Table 16: Dentons UK and Middle East LLP: Key Employees Continued
Table 17: Herbert Smith Freehills: key facts
Table 18: Herbert Smith Freehills: Key Employees
Table 19: Asia-Pacific exchange rate, 2017-21

List of Figures
Figure 1: Asia-Pacific legal services market value: $ billion, 2016-21
Figure 2: Asia-Pacific legal services market volume: thousand practitioners of law, 2016-21
Figure 3: Asia-Pacific legal services market geography segmentation: % share, by value, 2021
Figure 4: Asia-Pacific legal services market value forecast: $ billion, 2021-26
Figure 5: Asia-Pacific legal services market volume forecast: thousand practitioners of law, 2021-26
Figure 6: Forces driving competition in the legal services market in Asia-Pacific, 2021
Figure 7: Drivers of buyer power in the legal services market in Asia-Pacific, 2021
Figure 8: Drivers of supplier power in the legal services market in Asia-Pacific, 2021
Figure 9: Factors influencing the likelihood of new entrants in the legal services market in Asia-Pacific, 2021
Figure 10: Factors influencing the threat of substitutes in the legal services market in Asia-Pacific, 2021
Figure 11: Drivers of degree of rivalry in the legal services market in Asia-Pacific, 2021

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Baker & McKenzie LLP
  • Clifford Chance LLP
  • Dentons UK and Middle East LLP
  • Herbert Smith Freehills