+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Legal Services Global Market Opportunities and Strategies to 2032

  • PDF Icon

    Report

  • 480 Pages
  • November 2023
  • Region: Global
  • The Business Research Company
  • ID: 5907743
This report describes and explains the legal services market and covers 2017-2022, termed the historic period, and 2022-2027 termed the forecast period, along with further forecasts for the period 2027-2032. The report evaluates the market across each region and for the major economies within each region.

The global legal services market grew from $656.9 billion in 2017 to $764.8 billion in 2022 at a compound annual growth rate (CAGR) of 3.1%. The market is expected to grow from $764.8 billion in 2022 to $950.0 billion in 2027 at a CAGR of 4.4%, and to $1,256.2 billion in 2032 at a CAGR of 5.7%.

Growth in the historic period resulted from strong economic growth in emerging markets, an increase in government initiatives, growth in divorce rates, the increasing number of cybercrimes and the deregulation of the legal industry. Factors that negatively affected growth in the historic period were increased pressure on traditional law firms due to in-house legal teams, skills shortages and the lack of transparency.

Going forward, government support, the increasing global drug crises and lawsuits, the growing legal tech industry, and the increasing demand for transactional practice areas will drive the market. Factors that could hinder the growth of the legal services market in the future include rising costs and decreasing margins and data security issues.

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 54.8% of the total in 2022. Going forward, the hybrid legal services market is expected to be the fastest growing segment in the legal services market segmented by type, at a CAGR of 15.8% during 2022-2027.

The legal services market is also segmented by size into large law firms and SME law firms. The large law firms market was the largest segment of the insurance market segmented by size, accounting for 61.3% of the total in 2022. Going forward, the large law firms market is expected to be the fastest growing segment in the insurance market segmented by size, at a CAGR of 5.3% during 2022-2027.

The B2B legal services market is further segmented into B2B legal services - large law firms and B2B legal services - SME law firms. The B2B legal services - large law firms market was the largest segment of the B2B legal services market segmented by size, accounting for 79.9% of the total in 2022. Going forward, the B2B legal services - large law firms market is expected to be the fastest growing segment in the B2B legal services market segmented by size, at a CAGR of 5.0% during 2022-2027.

The B2C legal services market is further segmented into B2C legal services - large law firms and B2C legal services - SME law firms. The B2C legal services - SME law firms market was the largest segment of the B2C legal services market segmented by size, accounting for 85.1% of the total in 2022. Going forward, the B2C legal services - large law firms market is expected to be the fastest growing segment in the B2C legal services market segmented by size, at a CAGR of 7.9% during 2022-2027.

The criminal law practices market is further segmented into criminal law practices - large law firms and criminal law practices - SME law firms. The criminal law practices - SME law firms market was the largest segment of the criminal law practices market segmented by size, accounting for 65.1% of the total in 2022. Going forward, the criminal law practices - large law firms market is expected to be the fastest growing segment in the criminal law practices market segmented by size, at a CAGR of 5.9% during 2022-2027.

The hybrid legal services market is further segmented into hybrid legal services - large law firms and hybrid legal services - SME law firms. The hybrid legal services - large law firms market was the largest segment of the hybrid legal services market segmented by size, accounting for 59.9% of the total in 2022. Going forward, the hybrid legal services - large law firms market is expected to be the fastest growing segment in the hybrid legal services market segmented by size, at a CAGR of 7.9% during 2022-2027.

The legal services market is segmented by mode into online and offline. The offline market was the largest segment of the legal services market segmented by mode, accounting for 95.5% of the total in 2022. Going forward, the online market is expected to be the fastest growing segment in the legal services market segmented by mode, at a CAGR of 9.3% during 2022-2027.

The legal services market is also segmented by type of practice into litigation, corporate, labor/employment, real estate, patent litigation, tax, bankruptcy and others (regulatory, M&A, antitrust, environmental). The corporate market was the largest segment of the legal services market segmented by type of practice, accounting for 28.3% of the total in 2022. Going forward, the patent litigation market is expected to be the fastest growing segment in the legal services market segmented by type of practice, at a CAGR of 5.3% during 2022-2027.

The legal services market is also segmented by end-user into individuals, financial services, mining and oil & gas, manufacturing, construction, IT services, other services and others. The individual market was the largest segment of the legal services market segmented by end-user, accounting for 38.3% of the total in 2022. Going forward, the IT services market is expected to be the fastest growing segment in the legal services market segmented by end-user, at a CAGR of 12.0% during 2022-2027.

North America was the largest region in the legal services market, accounting for 55.3% of the global market in 2022. It was followed by Western Europe, Asia Pacific, and the other regions. Going forward, the fastest growing regions in the legal services market will be South America and the Middle East, where growth will be at CAGRs of 12.0% and 11.5% respectively from 2022-2027.

The global legal services market is fragmented, with a large number of small players. The top ten competitors in the market made up to 5.25% of the total market in 2022. The Kirkland & Ellis LLP was the largest competitor with 0.85% share of the market, followed by Latham & Watkins LLP with 0.70%, Deloitte with 0.56%, Ernst & Young (E&Y) with 0.53%, PwC with 0.52%, DLA Piper with 0.48%, Baker McKenzie with 0.45%, Skadden, Arps, Slate, Meagher & Flom LLP and Affiliates with 0.40%, KPMG with 0.38%, and Sidley Austin LLP with 0.38%.

The top opportunities in the legal services market by type will arise in the B2B legal services segment, which will gain $96.2 billion of global annual sales by 2027. The top opportunities in segment by size will arise in the large law firms segment, which will gain $138.4 billion of global annual sales by 2027. The top opportunities in segment by end user will arise in the financial services segment, which will gain $72.8 billion of global annual sales by 2027. The top opportunities in segment by mode will arise in the offline segment, which will gain $165.8 billion of global annual sales by 2027. The top opportunities in segment by type of practice will arise in the corporate segment, which will gain $55.0 billion of global annual sales by 2027. The legal services market size will gain the most in the USA at $66.1 billion.

Market-trend-based strategies for the legal services market include adoption of artificial intelligence, strategic partnerships and acquisitions, the emergence of alternative legal service providers (ALSPs), launch of legal learning programs and platforms by law firms, law firms investing in data security, technology advancements.

Player-adopted strategies in the legal services market include enhancing practices through partnerships and collaborations, expanding M&A practices in other geographies, expanding legal services business by strategic acquisitions, expanding business operations by launching dedicated services in new geographies, and providing innovative solutions.

To take advantage of the opportunities, the recommends the legal services companies to focus on technology advancements, focus on artificial intelligence, focus on alternative legal service providers, focus on fast-growing service types, focus on fast-growing types of practice, expand in emerging markets, continue to focus on developed markets, provide competitively priced offerings, participate in trade shows and events, continue to use B2B promotions, and continue to target fast-growing end-use industries.

Table of Contents

1. Executive Summary2. Table of Contents3. List of Figures4. List of Tables5. Report Structure
6. Introduction And Market Characteristics
6.1. General Market Definition
6.2. Summary
6.3. Legal Services Market Definition And Segmentations
6.4. Market Segmentation By Type
6.4.1. B2B Legal Services
6.4.2. B2C Legal Services
6.4.3. Hybrid Legal Services
6.4.4. Criminal Law Practices
6.5. Market Segmentation By Size
6.5.1. Large Law Firms
6.5.2. SME Law Firms
6.6. Market Segmentation By Type Of Practice
6.6.1. Litigation
6.6.2. Corporate
6.6.3. Labor/Employment
6.6.4. Real Estate
6.6.5. Patent Litigation
6.6.6. Tax
6.6.7. Bankruptcy
6.6.8. Others (Regulatory, M&A, Antitrust, Environmental)
6.7. Market Segmentation By End Users
6.7.1. Individuals
6.7.2. Financial Services
6.7.3. Mining And Oil & Gas
6.7.4. Manufacturing
6.7.5. Construction
6.7.6. IT Services
6.7.7. Others
6.8. Market Segmentation By Mode
6.8.1. Online Legal Services
6.8.2. Offline Legal Services
7. Product/Service Analysis -Product/Service Examples
8. Supply Chain Analysis
8.1.1. Resources
8.1.2. Legal Service Providers
8.1.3. End-Users
9. Customer Information
9.1. Use Of Technology To Deliver Services
9.2. Law Firm Surveys for Client Satisfaction
9.3. Law Firms Must Hone Their Skills To Stay Competitive
9.4. Major Concerns With Commercial Manufacturing Laws
10. Major Market Trends
10.1. Adoption Of Artificial Intelligence (AI)
10.2. Strategic Partnerships And Acquisitions
10.3. Emergence Of Alternative Legal Service Providers (ALSPs)
10.4. Legal Learning Programs And Platforms By Law Firms
10.5. Law Firms Investing In Data Security
10.6. Technology Advancements
11. Legal Services Market - Macro Economic Scenario
11.1. COVID-19 Impact On The Legal Services Market
11.2. Russia-Ukraine War Impact On The Legal Services Market
11.3. Impact Of High Inflation On The Legal Services Market
12. Global Legal Services Market Size And Growth
12.1. Market Size
12.2. Historic Market Growth, 2017 - 2022, Value ($ Billion)
12.2.1. Market Drivers 2017 - 2022
12.2.2. Market Restraints 2017 - 2022
12.3. Forecast Market Growth, 2022 - 2027, 2032F Value ($ Billion)
12.3.1. Market Drivers 2022 - 2027
12.3.2. Market Restraints 2022 - 2027
13. Legal Services Market, Regional Analysis
13.1. Global Legal Services Market, By Region, Historic and Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
13.2. Global Legal Services Market, 2017 - 2027, Historic And Forecast, By Region
13.3. Global Legal Services Market, 2022 - 2027, Growth And Market Share Comparison, By Region
14. Global Market Segmentation
14.1. Global Legal Services Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
14.2. Global Legal Services Market, Segmentation By Size, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
14.3. Global Legal Services Market, Segmentation By End-User, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
14.4. Global Legal Services Market, Segmentation By Mode, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
14.5. Global Legal Services Market, Segmentation By Type Of Practice, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
15. Legal Services Market Segments
15.1. Global B2B Legal Services Market, Segmentation By Size, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
15.2. Global B2C Legal Services Market, Segmentation By Size, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
15.3. Global Criminal Law Practices Market, Segmentation By Size, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
15.4. Global Hybrid Legal Services Market, Segmentation By Size, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
16. Market Comparison with Macro Economic Factors
16.1. Legal Services Market Size, Percentage Of GDP, Global
16.2. Per Capita Average Legal Services Market Expenditure, Global
17. Asia-Pacific Market
17.1. Summary
17.2. Market Overview
17.2.1. Region Information
17.2.2. Market Information
17.2.3. Background Information
17.2.4. Government Initiatives
17.2.5. Regulations
17.2.6. Regulatory Bodies
17.2.7. Major Associations
17.2.8. Taxes Levied
17.2.9. Corporate Tax Structure
17.2.10. Investments
17.2.11. Major Companies
17.3. Asia-Pacific Legal Services Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
17.4. Asia-Pacific Legal Services Market, Segmentation By Size, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
17.5. Asia-Pacific Legal Services Market, Segmentation By Mode, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
17.6. Asia-Pacific Legal Services Market, 2022, By Country, Value ($ Billion)
17.7. Asia-Pacific Legal Services Market, 2017 - 2027, Historic And Forecast, By Country
17.8. Asia-Pacific Legal Services Market, 2022 - 2027, Growth And Market Share Comparison, By Country
17.9. Asia-Pacific Legal Services Market Metrics
17.9.1. Per Capita Legal Services Expenditure, 2022, Asia-Pacific Major Countries
17.9.2. Estimated Number Of Enterprises & Employees, Legal Services Market, Legal Services Market/Number of Enterprises & Employees, 2022, Asia-Pacific Countries
17.10. Asia-Pacific Legal Services Market: Country Analysis
17.11. Australia Market
17.12. Australia Legal Services Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
17.13. Australia Legal Services Market, Segmentation By Size, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
17.14. Australia Legal Services Market, Segmentation By Mode, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
17.15. Bangladesh Market
17.16. Bangladesh Legal Services Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
17.17. China Market
17.18. Summary
17.19. Market Overview
17.19.1. Country Information
17.19.2. Market Information
17.19.3. Background Information
17.19.4. Government Initiatives
17.19.5. Regulations
17.19.6. Regulatory Bodies
17.19.7. Associations
17.19.8. Taxes Levied
17.19.9. Corporate Tax Structure
17.19.10. Investments
17.19.11. Major Companies
17.20. China Legal Services Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
17.21. China Legal Services Market, Segmentation By Size, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
17.22. China Legal Services Market, Segmentation By Mode, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
17.23. Hong Kong Market
17.24. Hong Kong Legal Services Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
17.25. India Market
17.26. India Legal Services Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
17.27. India Legal Services Market, Segmentation By Size, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
17.28. India Legal Services Market, Segmentation By Mode, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
17.29. Indonesia Market
17.30. Indonesia Legal Services Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
17.31. Indonesia Legal Services Market, Segmentation By Size, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
17.32. Indonesia Legal Services Market, Segmentation By Mode, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
17.33. Japan Market
17.34. Japan Legal Services Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
17.35. Japan Legal Services Market, Segmentation By Size, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
17.36. Japan Legal Services Market, Segmentation By Mode, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
17.37. Malaysia Market
17.38. Malaysia Legal Services Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
17.39. New Zealand Market
17.40. New Zealand Legal Services Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
17.41. Philippines Market
17.42. Philippines Legal Services Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
17.43. Singapore Market
17.44. Singapore Legal Services Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
17.45. South Korea Market
17.46. South Korea Legal Services Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
17.47. South Korea Legal Services Market, Segmentation By Size, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
17.48. South Korea Legal Services Market, Segmentation By Mode, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
17.49. Thailand Market
17.50. Thailand Legal Services Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
17.51. Vietnam Market
17.52. Vietnam Legal Services Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
18. Western Europe Market
18.1. Summary
18.2. Market Overview
18.2.1. Region Information
18.2.2. Market Information
18.2.3. Background Information
18.2.4. Government Initiatives
18.2.5. Regulations
18.2.6. Regulatory Bodies
18.2.7. Major Associations
18.2.8. Taxes Levied
18.2.9. Corporate Tax Structure
18.2.10. Investments
18.2.11. Major Companies
18.3. Western Europe Legal Services Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
18.3.1. The B2B legal services market was the largest segment in the Western Europe legal services market. The market grew from $87.33 billion in 2017 to $101.25 billion in 2022 at a compound annual growth rate (CAGR) of 3.0%. The market is expected to grow to $125.42 billion in 2027 at a compound annual growth rate (CAGR) of 4.4%, and to $165.18 billion in 2032 at a compound annual growth rate of 5.7%.
18.3.2. The B2C legal services market was the second largest segment in the Western Europe legal services market. The market grew from $27.95 billion in 2017 to $31.58 billion in 2022 at a compound annual growth rate (CAGR) of 2.5%. The market is expected to grow to $39.79 billion in 2027 at a compound annual growth rate (CAGR) of 4.7%, and to $53.00 billion in 2032 at a compound annual growth rate of 5.9%.
18.3.3. The hybrid legal services market was the smallest segment in the Western Europe legal services market. The market grew from $18.87 billion in 2017 to $22.80 billion in 2022 at a compound annual growth rate (CAGR) of 3.9%. The market is expected to grow to $30.94 billion in 2027 at a compound annual growth rate (CAGR) of 6.3%, and to $44.65 billion in 2032 at a compound annual growth rate of 7.6%.
18.3.4. The Western Europe legal services market grew from $159.89 billion in 2017 to $184.93 billion in 2022 at a compound annual growth rate (CAGR) of 3.0%.
18.3.5. The market is expected to grow to $233.14 billion in 2027 at a compound annual growth rate (CAGR) of 4.7%, and to $312.57 billion in 2032 at a compound annual growth rate of 6.0%.
18.4. Western Europe Legal Services Market, Segmentation By Size, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
18.5. Western Europe Legal Services Market, Segmentation By Mode, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
18.6. Western Europe Legal Services Market, 2022, By Country, Value ($ Billion)
18.7. Western Europe Legal Services Market, 2017 - 2027, Historic And Forecast, By Country
18.8. Western Europe Legal Services Market, 2022 - 2027, Growth And Market Share Comparison, By Country
18.9. Western Europe Legal Services Market Metrics
18.9.1. Per Capita Legal Services Expenditure, 2022, Western Europe Major Countries
18.9.2. Estimated Number Of Enterprises & Employees, Legal Services Market, Legal Services Market/Number of Enterprises & Employees, 2022, Western Europe Countries
18.10. Western Europe Legal Services Market: Country Analysis
18.11. Austria Market
18.12. Austria Legal Services Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
18.13. Belgium Market
18.14. Belgium Legal Services Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
18.15. Denmark Market
18.16. Denmark Legal Services Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
18.17. Finland Market
18.18. Finland Legal Services Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
18.19. France Market
18.20. France Legal Services Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
18.21. France Legal Services Market, Segmentation By Size, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
18.22. France Legal Services Market, Segmentation By Mode, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
18.23. Germany Market
18.24. Germany Legal Services Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
18.25. Germany Legal Services Market, Segmentation By Size, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
18.26. Germany Legal Services Market, Segmentation By Mode, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
18.27. Ireland Market
18.28. Ireland Legal Services Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
18.29. Italy Market
18.30. Italy Legal Services Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
18.31. Netherlands Market
18.32. Netherlands Legal Services Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
18.33. Norway Market
18.34. Norway Legal Services Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
18.35. Portugal Market
18.36. Portugal Legal Services Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
18.37. Spain Market
18.38. Spain Legal Services Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
18.39. Sweden Market
18.40. Sweden Legal Services Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
18.41. Switzerland Market
18.42. Switzerland Legal Services Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
18.43. UK Market
18.44. UK Legal Services Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
18.45. UK Legal Services Market, Segmentation By Size, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
18.46. UK Legal Services Market, Segmentation By Mode, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
19. Eastern Europe Market
19.1. Summary
19.2. Market Overview
19.2.1. Region Information
19.2.2. Market Information
19.2.3. Background Information
19.2.4. Government Initiatives
19.2.5. Regulations
19.2.6. Regulatory Bodies
19.2.7. Major Associations
19.2.8. Taxes Levied
19.2.9. Corporate Tax Structure
19.2.10. Investments
19.2.11. Major Companies
19.3. Eastern Europe Legal Services Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
19.4. Eastern Europe Legal Services Market, Segmentation By Size, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
19.5. Eastern Europe Legal Services Market, Segmentation By Mode, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
19.6. Eastern Europe Legal Services Market, 2022, By Country, Value ($ Billion)
19.7. Eastern Europe Legal Services Market, 2017 - 2027, Historic And Forecast, By Country
19.8. Eastern Europe Legal Services Market, 2022 - 2027, Growth And Market Share Comparison, By Country
19.9. Eastern Europe Legal Services Market Metrics
19.9.1. Per Capita Legal Services Expenditure, 2022, Eastern Europe Major Countries
19.9.2. Estimated Number Of Enterprises & Employees, Legal Services Market, Legal Services Market/Number of Enterprises & Employees, 2022, Eastern Europe Countries
19.10. Eastern Europe Legal Services Market: Country Analysis
19.11. Czech Republic Market
19.12. Czech Republic Legal Services Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
19.13. Poland Market
19.14. Poland Legal Services Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
19.15. Romania Market
19.16. Romania Legal Services Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
19.17. Russia Market
19.18. Russia Legal Services Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
19.19. Russia Legal Services Market, Segmentation By Size, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
19.20. Russia Legal Services Market, Segmentation By Mode, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
19.21. Ukraine Market
19.22. Ukraine Legal Services Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
20. North America Market
20.1. Summary
20.2. Market Overview
20.2.1. Region Information
20.2.2. Market Information
20.2.3. Background Information
20.2.4. Government Initiatives
20.2.5. Regulations
20.2.6. Regulatory Bodies
20.2.7. Major Associations
20.2.8. Taxes Levied
20.2.9. Corporate Tax Structure
20.2.10. Investments
20.2.11. Major Companies
20.3. North America Legal Services Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
20.4. North America Legal Services Market, Segmentation By Size, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
20.5. North America Legal Services Market, Segmentation By Mode, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
20.6. North America Legal Services Market, 2022, By Country, Value ($ Billion)
20.7. North America Legal Services Market, 2017 - 2027, Historic And Forecast, By Country
20.8. North America Legal Services Market, 2022 - 2027, Growth And Market Share Comparison, By Country
20.9. North America Legal Services Market Metrics
20.9.1. Per Capita Legal Services Expenditure, 2022, North America Major Countries
20.9.2. Estimated Number Of Enterprises & Employees, Legal Services Market, Legal Services Market/Number of Enterprises & Employees, 2022, North America Countries
20.10. North America Legal Services Market: Country Analysis
20.11. Canada Market
20.12. Canada Legal Services Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
20.13. Mexico Market
20.14. Mexico Legal Services Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
20.15. USA Market
20.16. Summary
20.17. Market Overview
20.17.1. Country Information
20.17.2. Market Information
20.17.3. Background Information
20.17.4. Government Initiatives
20.17.5. Regulations
20.17.6. Regulatory Bodies
20.17.7. Major Associations
20.17.8. Taxes Levied
20.17.9. Corporate Tax Structure
20.17.10. Investments
20.17.11. Major Companies
20.18. USA Legal Services Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
20.19. USA Legal Services Market, Segmentation By Size, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
20.20. USA Legal Services Market, Segmentation By Mode, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
21. South America Market
21.1. Summary
21.2. Market Overview
21.2.1. Region Information
21.2.2. Market Information
21.2.3. Background Information
21.2.4. Government Initiatives
21.2.5. Regulations
21.2.6. Regulatory Bodies
21.2.7. Major Associations
21.2.8. Taxes Levied
21.2.9. Corporate Tax Structure
21.2.10. Investments
21.2.11. Major Companies
21.3. South America Legal Services Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
21.4. South America Legal Services Market, Segmentation By Size, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
21.5. South America Legal Services Market, Segmentation By Mode, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
21.6. South America Legal Services Market, 2022, By Country, Value ($ Billion)
21.7. South America Legal Services Market, 2017 - 2027, Historic And Forecast, By Country
21.8. South America Legal Services Market, 2022 - 2027, Growth And Market Share Comparison, By Country
21.9. South America Legal Services Market Metrics
21.9.1. Per Capita Legal Services Expenditure, 2022, South America Major Countries
21.9.2. Estimated Number Of Enterprises & Employees, Legal Services Market, Legal Services Market/Number of Enterprises & Employees, 2022, South America Countries
21.10. South America Legal Services Market: Country Analysis
21.11. Argentina Market
21.12. Argentina Legal Services Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
21.13. Brazil Market
21.14. Brazil Legal Services Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
21.15. Brazil Legal Services Market, Segmentation By Size, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
21.16. Brazil Legal Services Market, Segmentation By Mode, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
21.17. Chile Market
21.18. Chile Legal Services Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
21.19. Colombia Market
21.20. Colombia Legal Services Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
21.21. Peru Market
21.22. Peru Legal Services Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
22. Middle East Market
22.1. Summary
22.2. Market Overview
22.2.1. Region Information
22.2.2. Market Information
22.2.3. Background information
22.2.4. Government Initiatives
22.2.5. Regulations
22.2.6. Regulatory Bodies
22.2.7. Major Associations
22.2.8. Taxes Levied
22.2.9. Corporate Tax Structure
22.2.10. Investments
22.2.11. Major Companies
22.3. Middle East Legal Services Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
22.4. Middle East Legal Services Market, Segmentation By Size, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
22.5. Middle East Legal Services Market, Segmentation By Mode, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
22.6. Middle East Legal Services Market, 2022, By Country, Value ($ Billion)
22.7. Middle East Legal Services Market, 2017 - 2027, Historic And Forecast, By Country
22.8. Middle East Legal Services Market, 2022 - 2027, Growth And Market Share Comparison, By Country
22.9. Middle East Legal Services Market Metrics
22.9.1. Per Capita Legal Services Expenditure, 2022, Middle East Major Countries
22.9.2. Estimated Number Of Enterprises & Employees, Legal Services Market, Legal Services Market/Number of Enterprises & Employees, 2022, Middle East Countries
22.10. Middle East Legal Services Market: Country Analysis
22.11. Iran Market
22.12. Iran Legal Services Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
22.13. Israel Market
22.14. Israel Legal Services Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
22.15. Saudi Arabia Market
22.16. Saudi Arabia Legal Services Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
22.17. Turkey Market
22.18. Turkey Legal Services Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
22.19. UAE Market
22.20. UAE Legal Services Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
23. Africa Market
23.1. Summary
23.2. Market Overview
23.2.1. Region Information
23.2.2. Market Information
23.2.3. Background Information
23.2.4. Government Initiatives
23.2.5. Regulations
23.2.6. Regulatory Bodies
23.2.7. Major Associations
23.2.8. Taxes Levied
23.2.9. Corporate Tax Structure
23.2.10. Investments
23.2.11. Major Companies
23.3. Africa Legal Services Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
23.4. Africa Legal Services Market, Segmentation By Size, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
23.5. Africa Legal Services Market, Segmentation By Mode, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
23.6. Africa Legal Services Market, 2022, By Country, Value ($ Billion)
23.7. Africa Legal Services Market, 2017 - 2027, Historic And Forecast, By Country
23.8. Africa Legal Services Market, 2022 - 2027, Growth And Market Share Comparison, By Country
23.9. Africa Legal Services Market Metrics
23.9.1. Per Capita Legal Services Expenditure, 2022, Africa Major Countries
23.9.2. Estimated Number Of Enterprises & Employees, Legal Services Market, Legal Services Market/Number of Enterprises & Employees, 2022, Africa Countries
23.10. Africa Legal Services Market: Country Analysis
23.11. Egypt Market
23.12. Egypt Legal Services Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
23.13. Nigeria Market
23.14. Nigeria Legal Services Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
23.15. South Africa Market
23.16. South Africa Legal Services Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
24. Competitive Landscape And Company Profiles
24.1. Company Profiles
24.2. Kirkland & Ellis LLP
24.2.1. Company Overview
24.2.2. Products And Services
24.2.3. Business Strategy
24.2.4. Financial Overview
24.3. Latham & Watkins LLP
24.3.1. Company Overview
24.3.2. Products And Services
24.3.3. Business Strategy
24.3.4. Financial Overview
24.4. Deloitte
24.4.1. Company Overview
24.4.2. Products And Services
24.4.3. Business Strategy
24.4.4. Financial Overview
24.5. Ernst & Young (E&Y)
24.5.1. Company Overview
24.5.2. Products And Services
24.5.3. Business Strategy
24.5.4. Financial Overview
24.6. PwC
24.6.1. Company Overview
24.6.2. Products And Services
24.6.3. Business Strategy
24.6.4. Financial Overview
25. Key Mergers And Acquisitions
25.1. Axiom Acquired Plexus Engage
25.2. IDIQ Acquired Countrywide Pre-Paid Legal Services
25.3. Clyde & Co Merged With Grasty Quintana Majlis And Halpern Pino
25.4. Wolters Kluwer Acquired Level Programs
25.5. Arent Fox Merged With Schiff Hardan
25.6. arch.law Acquired Nexus Law Group
25.7. Spencer Fane Merged With Bone McAllester Norton
25.8. Holland & Knight Merged With Thompson & Knight law Firm
25.9. Corewell & Morning Merged With Brinks Gilson & Loine
25.10. Deloitte Acquired Kemp
25.11. Dentons Merged With Davis Brown
26. Market Background: Professional Services Market
26.1. Professional Services Market Characteristics
26.1.1. Market Definition
26.1.2. Segmentation By Service Type
26.2. Global Professional Services Market, Segmentation By Type, 2017 - 2027, Value ($ Billion)
26.3. Global Professional Services Market, 2022, By Region, Value ($ Billion)
26.4. Global Professional Services Market, 2017 - 2027, Historic And Forecast, By Region
27. Opportunities And Strategies
27.1. Global Legal Services Market In 2027 - Countries Offering Most New Opportunities
27.2. Global Legal Services Market In 2027 - Segments Offering Most New Opportunities
27.3. Global Legal Services Market In 2027 - Growth Strategies
27.3.1. Market Trend Based Strategies
27.3.2. Competitor Strategies
28. Legal Services Market, Conclusions And Recommendations
28.1. Conclusions
28.2. Recommendations
28.2.1. Product
28.2.2. Place
28.2.3. Price
28.2.4. Promotion
28.2.5. People
29. Appendix
29.1. Market Data Sources
29.2. Research Methodology
29.3. Currencies
29.4. About the Publisher
29.5. Copyright and Disclaimer

Executive Summary

Legal Services Global Market Opportunities And Strategies To 2032 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 12 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? This 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 legal services market.
  • Product Analysis- The product analysis section of the report describes the leading products in the legal services market along with key features and differentiators for those products.
  • Supply Chain-The supply chain section of the report defines and explains the key players in the legal services industry supply chain.
  • Customer Information- This chapter covers recent customers’ trends or preferences in the global legal services market.
  • Key Trends- Highlights the major trends shaping the global legal services market. This section also highlights likely future developments in the market.
  • Macro Economic Scenario- The report provides an analysis of the impact of the Russia-Ukraine war, impact of the COVID-19 pandemic and impact of rising inflation on global and regional markets, providing strategic insights for businesses in the tax management market.
  • Global Market Size and Growth- Global historic (2017-2022) and forecast (2022-2027), and (2027-2032) market values, and drivers and restraints that support and control the growth of the market in the historic and forecast periods.
  • Regional Analysis- Historic (2017-2022) and forecast (2022-2027), and (2027-2032) market values and growth and market share comparison by region.
  • Market Segmentation- Contains the market values (2017-2032) and analysis for each segment by type, by size, by type of practice, by end users and by mode in the market.
  • Regional Market Size and Growth- Regional market size (2022), historic (2017-2022) and forecast (2022-2027), and (2027-2032) market values, and growth and market share comparison of countries within the region. This report includes information on 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.
  • 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.
  • 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.
  • Market Background: Professional Services Market- This chapter describes the professional services market of which the legal services market is a segment. This chapter includes the global professional services market 2017-27 values, and regional and country analyses for the professional services market.
  • Appendix- This section includes details on the NAICS codes covered, abbreviations and currencies codes used in this report.

Scope

Markets Covered:


  1. 1) By Type: B2B Legal Services; B2C Legal Services; Hybrid Legal Services; Criminal Law Practicesa) By Type Of B2B Legal Services: B2B Legal Services - Large Law Firms; B2B Legal Services - SME Law Firms
    b) By Type Of B2C Legal Services: B2C Legal Services - Large Law Firms; B2C Legal Services - SME Law Firms.
    c) The Criminal Law Practices: Criminal Law Practices - Large Law Firms; Criminal Law Practices - SME Law Firms.
    d) The Hybrid Legal Services: Hybrid Legal Services - Large Law Firms; Hybrid Legal Services - SME Law Firms.
  2. 2) By Size: Large Law Firms; SME Law Firms
  3. 3) By Mode: Online Legal Services; Offline Legal Services
  4. 4) By Type Of Practice: Litigation; Corporate; Labor or Employment; Real Estate; Patent Litigation; Tax; Bankruptcy; Others (Regulatory, M And A, Antitrust, Environmental)
  5. 5) By End User: Individuals; Financial Services; Mining and Oil & Gas; Manufacturing; Construction; IT Services; Others

Companies Mentioned:

Johnson Matthey Plc; BASF SE; Heraeus Holding; Evonik Industries AG; Umicore SA

Countries:

China; Australia; India; Indonesia; Japan; South Korea; USA; Brazil; France; Germany; UK; Russia; Czech Republic; Poland; Romania; Ukraine;Austria; Belgium; Denmark; Finland; Ireland; Italy; Netherlands; Norway; Portugal; Spain; Sweden; Switzerland; Egypt; Nigeria; South Africa; Iran; Israel; Saudi Arabia; Turkey; UAE; Argentina; Chile; Colombia; Peru; Canada; Mexico; Vietnam; Thailand; Singapore; Philippines; New Zealand; Malaysia; Hong Kong

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 segmentations:

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 (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Johnson Matthey Plc
  • BASF SE
  • Heraeus Holding
  • Evonik Industries AG
  • Umicore SA
  • DLA Piper
  • Baker McKenzie
  • Skadden, Arps, Slate, Meagher & Flom LLP and Affiliates
  • KPMG
  • Sidley Austin LLP
  • India Law Offices LLP
  • Amarchand and Mangaldas and Suresh A. Shroff and Co
  • Nishimura and Asahi
  • ZICO Law
  • 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
  • Han Kun Law Offices
  • Beijing Yingke Law Firm
  • King and Wood Mallesons
  • Dacheng Law Offices
  • Jun He Law Offices
  • Garrigues
  • Loyens and Loeff
  • Cuatrecasas Gonçalves Pereira
  • Fidal
  • BonelliErede
  • Uría Menéndez
  • Gleiss Lutz
  • Luther
  • Arendt and Medernach
  • Flick Gocke Schaumburg
  • Heuking Kühn Lüer Wojtek
  • Mischcon de Reya
  • Linklaters
  • Norton Rose Fulbright
  • SEgorov Puginsky Afanasiev and Partners
  • VJT and Partners Law Firm
  • Dentons and Pepeliaev Group
  • Liouta and Partners Law Firm
  • Eversheds Sutherland
  • Dudkowiak and Kopeć Business Layers
  • CGO Finance sp. z o.o.
  • Andrékó Ferenczi Kinstellar Ügyvédi Iroda
  • Szuchy Ügyvédi Iroda
  • Latham & Watkins
  • Oslerv
  • Hoskin & Harcourt
  • Cravath Swaine & Moore
  • Skadden
  • Arps
  • Slate
  • Meagher & Flom
  • Norton Rose Fulbright LLP
  • Hogan Lovells
  • Jones Day
  • Kirkland & Ellis LLP
  • Demarest Advogados
  • Lobo de Rizzo Advogados
  • Pinheiro Guimarães
  • Carpena Advogados Associados
  • Al Sulaiti law firm
  • Al Tamami & Co.
  • Heskia-Hacmun Law Firm
  • Alya Al Zeera
  • ASAR Al Ruwayeh and Partners
  • Menwer & Associates
  • Elham Ali Hassan & Associates
  • Afridi & Angell
  • Garlicke and Bousfield
  • Cliffe Dekker Hofmeyr
  • Erward Nathan Sonnenbergs
  • Norton Rose Fulbright South Africa
  • Webber Wentzel
  • B M Musau and Company
  • Dentons
  • Bitala and Co Advocates
  • Bowmans

Methodology

Loading
LOADING...

Table Information