Legal Services Global Market Briefing 2023

Legal Services Global Market Briefing 2023

Global legal services market was worth $787.4 billion in 2022, it was the second largest segment within the professional services market accounting for 13.0%. In terms of per capita consumption, the market was $100.9 and in terms of global GDP, the market was 0.74%. Legal services was the second largest segment within the professional services market accounting for 13.0% preceded and followed by design, research, promotional and consulting services at 73.3% and accounting services at 10.6% respectively.

Legal Services Global Market Briefing 2023 provides strategists, marketers and senior management with the critical information they need to assess the global legal services sector.

Reasons to Purchase

  • Measure the impact of high global inflation on market growth
  • Assess the Russia – Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
  • Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
  • Identify growth segments and opportunities.
  • Facilitate decision making on the basis of historic and forecast data
  • Develop strategies based on likely future developments.
  • Gain a global perspective on the development of the market.
Description

Legal Services Global Market Briefing 2023 from the Business Research Company covers market characteristics, size and growth, segmentation, regional breakdowns, trends and strategies for this market. The market characteristics section of the report defines and explains the market. The market size section gives the legal services market revenues, covering both the historic growth of the market and forecasting the future. Market segmentations break down the key sub sectors which make up the market. The regional breakdowns section gives the size of the market geographically. The trends and strategies section highlights the likely future developments in the legal services market and suggests approaches.

Scope

Markets Covered: B2B Legal Services; B2B Legal Services; Criminal Law Practices; Hybrid Legal Services

Companies Mentioned: Latham & Watkins LLP; DLA Piper; Baker & McKenzie; Skadden, Arps, Slate, Meagher & Flom LLP and Affiliates; Sidley Austin LLP

Geographic scope: Asia Pacific, North America, Western Europe, Eastern Europe, South America, Middle East, Africa

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

Time series: Five years historic and forecast

Data: Market value in $ billions.

Data segmentations: Regional breakdowns, key sub segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.


1. Legal Services Market Characteristics
2. Legal Services Market Trends and Strategies
2.1. Legal Process Outsourcing To Cut Costs
2.2. Changing Purchase Patterns And Demand For Alternative Legal Services
2.3. Alternative Billing Models
2.4. Alternative Legal Service Models
2.5. Digitalization
2.6. Globalization
2.7. Growing Cyber-Crime Consulting Services
2.8. Law Firms Investing In Data Security
3. Legal Services Market Historic Growth
3.1. Drivers Of The Market
3.2. Restraints On The Market
4. Legal Services Market Forecast Growth
4.1. Drivers Of The Market
4.2. Restraints On The Market
5. Legal Services Market Segmentation
5.1. Global Legal Services Market, Split By Segment, 2021, $ Billion
5.2. Global Legal Services Market, Historic And Forecast, Split By Segment, 2016-2026
6. Legal Services Market Geography Regional Comparison
6.1. Global Legal Services Market, Split By Region, 2021, $ Billion
6.2. Global Legal Services Market, Historic And Forecast Growth Rate, Split By Region, 2016-2026
6.3. Asia Pacific Legal Services Market Analysis
6.3.1. Asia Pacific Legal Services Market, 2016–2026
6.3.2. Asia Pacific Legal Services Market, Split By Country, 2021
6.3.3. Asia Pacific Legal Services Market, Historic And Forecast Growth Rate, Split By Country, 2016-2026
6.3.4. Asia Pacific Legal Services Market, GDP, By Country, 2021, Percentage (%)
6.4. North America Legal Services Market Analysis
6.4.1. North America Legal Services Market, 2016–2026
6.4.2. North America Legal Services Market, Split By Country, 2021
6.4.3. North America Legal Services Market, Historic And Forecast Growth Rate, Split By Country, 2016-2026
6.4.4. North America Legal Services Market, GDP, By Country, 2021, Percentage (%)
6.5. Western Europe Legal Services Market Analysis
6.5.1. Western Europe Legal Services Market, 2016–2026
6.5.2. Western Europe Legal Services Market, Split By Country, 2021
6.5.3. Western Europe Legal Services Market, Historic And Forecast Growth Rate, Split By Country, 2016-2026
6.5.4. Western Europe Legal Services Market, GDP, By Country, 2021, Percentage (%)
6.6. Eastern Europe Legal Services Market Analysis
6.6.1. Eastern Europe Legal Services Market, 2016–2026
6.6.2. Eastern Europe Legal Services Market, Split By Country, 2021
6.6.3. Eastern Europe Legal Services Market, Historic And Forecast Growth Rate, Split By Country, 2016-2026
6.6.4. Eastern Europe Legal Services Market, GDP, By Country, 2021, Percentage (%)
6.7. South America Legal Services Market Analysis
6.7.1. South America Legal Services Market, 2016–2026
6.7.2. South America Legal Services Market, Split By Country, 2021
6.7.3. South America Legal Services Market, Historic And Forecast Growth Rate, Split By Country, 2016-2026
6.7.4. South America Legal Services Market, GDP, By Country, 2021, Percentage (%)
6.8. Africa Legal Services Market Analysis
6.8.1. Africa Legal Services Market, 2016–2026
6.8.2. Africa Legal Services Market, Split By Country, 2021
6.8.3. Africa Legal Services Market, Historic And Forecast Growth Rate, Split By Country, 2016-2026
6.8.4. Africa Legal Services Market, GDP, By Country, 2021, Percentage (%)
6.9. Middle East Legal Services Market Analysis
6.9.1. Middle East Legal Services Market, 2016–2026
6.9.2. Middle East Legal Services Market, Split By Country, 2021
6.9.3. Middle East Legal Services Market, Historic And Forecast Growth Rate, Split By Country, 2016-2026
6.9.4. Middle East Legal Services Market, GDP, By Country, 2021, Percentage (%)
7. Legal Services Market Competitive Landscape 7.1. Latham & Watkins LLP
7.1.1. Company Overview
7.1.2. Latham & Watkins LLP Offers Products And Services Across Industries
7.1.3. Latham & Watkins LLP Financial Performance
7.2. DLA Piper
7.2.1. Company Overview
7.2.2. DLA Piper Offers Products And Services Across Industries
7.2.3. DLA Piper Financial Performance
7.3. Baker & McKenzie
7.3.1. Company Overview
7.3.2. Baker & McKenzie Offers Products And Services Across Industries
7.3.3. Baker & McKenzie Financial Performance
8. Appendix
8.1. Market Data Sources
8.2. NAICS Definition Of The Industry Covered In This Report
8.3. Global Outlook Assumptions
8.4. Research Methodology
8.5. Abbreviations
8.6. Currencies
8.7. Research Inquiries
8.8. The Business Research Company
9. Copyright And Disclaimer

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