Immigration Lawyers & Attorneys in the US - Industry Market Research Report

Immigration Lawyers & Attorneys in the US - Industry Market Research Report

Immigration Lawyers & Attorneys in the US

Immigration lawyers and attorneys help individuals obtain visas and gain US citizenship, defend the rights of immigrants, navigate the issues of illegal immigration and assist businesses in understanding immigration issues in a global marketplace. While COVID-19 disrupted the industry somewhat as the number of immigrants declined, soaring government aid during the pandemic enabled more immigrants to afford the industry's services, boosting revenue. The pandemic recovery increased business activity and corporate profit. Since strong economic growth increased demand for labor, companies used their profit to pay immigration lawyers and attorneys to help them bring workers from abroad to the United States. Recessionary fears and the war in Ukraine have induced economic uncertainty, reducing corporate profit and inhibiting revenue growth. COVID-19 stimulus money also ran out, which also hurt the industry's performance. Overall, revenue for immigration lawyers and attorneys is expected to soar at a CAGR of 5.3% during the current period, reaching $8.7 billion in 2023. Revenue is expected to grow 2.9% in that year.

Immigration lawyers and attorneys provide services related to the legal status of individuals, including citizenship and visa services.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.