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Legal Services

Published Jan 26, 2026
SKU # FRRS20830129

Description

Brief Excerpt from Industry Overview Chapter:

Firms in this industry provide the services of lawyers and other legal practitioners to individuals, businesses, government agencies, and nonprofits. Major firms include Baker McKenzie; Kirkland & Ellis; Latham & Watkins; and Skadden Arps (all based in the US). A&O Shearman, Clifford Chance, Dentons, DLA Piper, and Freshfields Bruckhaus Deringer are all based in the UK.

Besides the US and the UK, key markets for legal services include Australia, Canada, France, Spain, and the Netherlands. Emerging markets, with growing numbers and values of deals, include China, India, and other parts of Asia.

The US legal services industry includes about 180,000 establishments (single-location firms and units of multi-location firms) with combined annual revenue of about $300 billion. In addition to offices of lawyers, the industry includes establishments that provide paralegal, notary public, process serving, and patent agent services.

Table of Contents

Industry Overview
Quarterly Industry Update
Business Challenges
Business Trends
Industry Opportunities
Call Preparation Questions
Financial Information
Industry Forecast
Web Links and Acronyms

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