Legal Services Global Industry Guide 2020-2029Summary
Global Legal Services industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume , and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- Legal services market refers to the industry that involves professionals and firms offering legal counsel, support, and representation in different areas of law. Industry scope covers a wide range of legal fields such as commercial, criminal, family, labor, taxation, insolvency, legal aid, and other specialized areas, catering to the diverse needs of clients seeking legal support. Market value refers to the revenue generated by law firms in a year for the services they provide, including all relevant taxes. Market volume represents the total number of legal professionals in a country during a specific year.
- Our market scope excludes in-house legal teams and automated or AI-based services that provide legal document preparation or basic legal tasks without the involvement of licensed attorneys.
- All market data and forecasts are adjusted for inflation and all currency conversions used in the creation of this report have been calculated using yearly annual average exchange rates.
- The global legal services market recorded revenues of $877.7 billion in 2024, representing a compound annual growth rate (CAGR) of 5.6% between 2019 and 2024.
- Market consumption volume increased with a CAGR of 3.7% between 2019 and 2024, to reach a total of 12,108.0 thousand personnel in 2024.
- In the global market, North America held the largest share followed by Europe, Asia-Pacific, South America, and Middle East & Africa.
- Save time carrying out entry-level research by identifying the size, growth, and leading players in the global legal services market
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the global legal services market
- 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 global legal services market with five year forecasts by both value and volume
- What was the size of the global legal services market by value in 2024?
- What will be the size of the global legal services market in 2029?
- What factors are affecting the strength of competition in the global legal services market?
- How has the market performed over the last five years?
- How large is the global legal services market in relation to its regional counterparts?
- 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. Competitive landscape
- 2 Introduction
- 2.1. What is this report about?
- 2.2. Who is the target reader?
- 2.3. How to use this report
- 2.4. Definitions
- 3 Global Legal Services
- 3.1. Market Overview
- 3.2. Market Data
- 3.3. Market Segmentation
- 3.4. Market outlook
- 3.5. Five forces analysis
- 4 Macroeconomic Indicators
- 4.1. Country data
- 5 Legal Services in Asia-Pacific
- 5.1. Market Overview
- 5.2. Market Data
- 5.3. Market Segmentation
- 5.4. Market outlook
- 5.5. Five forces analysis
- 6 Legal Services in Europe
- 6.1. Market Overview
- 6.2. Market Data
- 6.3. Market Segmentation
- 6.4. Market outlook
- 6.5. Five forces analysis
- 7 Macroeconomic Indicators
- 7.1. Country data
- 8 Legal Services in Japan
- 8.1. Market Overview
- 8.2. Market Data
- 8.3. Market Segmentation
- 8.4. Market outlook
- 8.5. Five forces analysis
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Legal Services in The United Kingdom
- 10.1. Market Overview
- 10.2. Market Data
- 10.3. Market Segmentation
- 10.4. Market outlook
- 10.5. Five forces analysis
- 11 Macroeconomic Indicators
- 11.1. Country data
- 12 Legal Services in The United States
- 12.1. Market Overview
- 12.2. Market Data
- 12.3. Market Segmentation
- 12.4. Market outlook
- 12.5. Five forces analysis
- 13 Macroeconomic Indicators
- 13.1. Country data
- 14 Legal Services in France
- 14.1. Market Overview
- 14.2. Market Data
- 14.3. Market Segmentation
- 14.4. Market outlook
- 14.5. Five forces analysis
- 15 Macroeconomic Indicators
- 15.1. Country data
- 16 Legal Services in Germany
- 16.1. Market Overview
- 16.2. Market Data
- 16.3. Market Segmentation
- 16.4. Market outlook
- 16.5. Five forces analysis
- 17 Macroeconomic Indicators
- 17.1. Country data
- 18 Company Profiles
- 18.1. Kirkland & Ellis LLP
- 18.2. Latham & Watkins LLP
- 18.3. Freshfields Bruckhaus Deringer LLP
- 18.4. Clifford Chance LLP
- 18.5. Allens Operations Pty Ltd
- 18.6. Ashurst LLP
- 18.7. Herbert Smith Freehills
- 18.8. Linklaters LLP
- 18.9. Allen & Overy LLP
- 18.10. Nishimura & Asahi
- 18.11. Mori Hamada & Matsumoto
- 18.12. TMI Associates
- 18.13. Nagashima Ohno & Tsunematsu
- 18.14. DLA Piper LLP (US)
- 18.15. Baker & McKenzie LLP
- 18.16. Gide Loyrette Nouel
- 18.17. Fidal Selas Societe d'Avocats
- 18.18. PwC Avocats
- 18.19. CMS Legal Services EEIG
- 18.20. Taylor Wessing LLP
- 18.21. Noerr LLP
- 19 Appendix
- 19.1. Methodology
- 19.2. About MarketLine
- List of Tables
- Table 1: Global legal services market value: $ billion, 2019-24
- Table 2: Global legal services market volume: thousand personnel, 2019-24
- Table 3: Global legal services market geography segmentation: $ billion, 2024
- Table 4: Global legal services market value forecast: $ billion, 2024-29
- Table 5: Global legal services market volume forecast: thousand personnel, 2024-29
- Table 6: Global Size of Population (million), 2020-24
- Table 7: Global real GDP (Constant 2010 Prices, $ billion), 2020-24
- Table 8: Global GDP (Current Prices, $ Billion), 2020-24
- Table 9: Global Inflation, 2020-24
- Table 10: Global Consumer Price Index (Absolute), 2020-24
- Table 11: Global exchange rate, 2019-24
- Table 12: Asia-Pacific legal services market value: $ billion, 2019-24
- Table 13: Asia-Pacific legal services market volume: thousand personnel, 2019-24
- Table 14: Asia-Pacific legal services market geography segmentation: $ billion, 2024
- Table 15: Asia-Pacific legal services market value forecast: $ billion, 2024-29
- Table 16: Asia-Pacific legal services market volume forecast: thousand personnel, 2024-29
- Table 17: Europe legal services market value: $ billion, 2019-24
- Table 18: Europe legal services market volume: thousand personnel, 2019-24
- Table 19: Europe legal services market geography segmentation: $ billion, 2024
- Table 20: Europe legal services market value forecast: $ billion, 2024-29
- Table 21: Europe legal services market volume forecast: thousand personnel, 2024-29
- Table 22: Europe Size of Population (million), 2020-24
- Table 23: Europe real GDP (Constant 2010 Prices, $ billion), 2020-24
- Table 24: Europe GDP (Current Prices, $ Billion), 2020-24
- Table 25: Europe Inflation, 2020-24
- Table 26: Europe Consumer Price Index (Absolute), 2020-24
- Table 27: Europe exchange rate, 2019-24
- Table 28: Japan legal services market value: $ billion, 2019-24
- Table 29: Japan legal services market volume: thousand personnel, 2019-24
- Table 30: Japan legal services market geography segmentation: $ billion, 2024
- Table 31: Japan legal services market value forecast: $ billion, 2024-29
- Table 32: Japan legal services market volume forecast: thousand personnel, 2024-29
- Table 33: Japan Size of Population (million), 2020-24
- Table 34: Japan real GDP (Constant 2010 Prices, $ billion), 2020-24
- Table 35: Japan GDP (Current Prices, $ Billion), 2020-24
- Table 36: Japan Inflation, 2020-24
- Table 37: Japan Consumer Price Index (Absolute), 2020-24
- Table 38: Japan exchange rate, 2019-24
- Table 39: United Kingdom legal services market value: $ billion, 2019-24
- Table 40: United Kingdom legal services market volume: thousand personnel, 2019-24
- Table 41: United Kingdom legal services market geography segmentation: $ billion, 2024
- Table 42: United Kingdom legal services market value forecast: $ billion, 2024-29
- Table 43: United Kingdom legal services market volume forecast: thousand personnel, 2024-29
- Table 44: United Kingdom Size of Population (million), 2020-24
- Table 45: United Kingdom real GDP (Constant 2010 Prices, $ billion), 2020-24
- Table 46: United Kingdom GDP (Current Prices, $ Billion), 2020-24
- Table 47: United Kingdom Inflation, 2020-24
- Table 48: United Kingdom Consumer Price Index (Absolute), 2020-24
- Table 49: United Kingdom exchange rate, 2019-24
- Table 50: United States legal services market value: $ billion, 2019-24
- Table 51: United States legal services market volume: thousand personnel, 2019-24
- Table 52: United States legal services market geography segmentation: $ billion, 2024
- Table 53: United States legal services market value forecast: $ billion, 2024-29
- Table 54: United States legal services market volume forecast: thousand personnel, 2024-29
- Table 55: United States Size of Population (million), 2020-24
- Table 56: United States real GDP (Constant 2010 Prices, $ billion), 2020-24
- Table 57: United States GDP (Current Prices, $ Billion), 2020-24
- Table 58: United States Inflation, 2020-24
- Table 59: United States Consumer Price Index (Absolute), 2020-24
- Table 60: United States exchange rate, 2019-24
- Table 61: France legal services market value: $ billion, 2019-24
- Table 62: France legal services market volume: thousand personnel, 2019-24
- Table 63: France legal services market geography segmentation: $ billion, 2024
- Table 64: France legal services market value forecast: $ billion, 2024-29
- Table 65: France legal services market volume forecast: thousand personnel, 2024-29
- Table 66: France Size of Population (million), 2020-24
- Table 67: France real GDP (Constant 2010 Prices, $ billion), 2020-24
- Table 68: France GDP (Current Prices, $ Billion), 2020-24
- Table 69: France Inflation, 2020-24
- Table 70: France Consumer Price Index (Absolute), 2020-24
- Table 71: France exchange rate, 2019-24
- Table 72: Germany legal services market value: $ billion, 2019-24
- Table 73: Germany legal services market volume: thousand personnel, 2019-24
- Table 74: Germany legal services market geography segmentation: $ billion, 2024
- Table 75: Germany legal services market value forecast: $ billion, 2024-29
- Table 76: Germany legal services market volume forecast: thousand personnel, 2024-29
- Table 77: Germany Size of Population (million), 2020-24
- Table 78: Germany real GDP (Constant 2010 Prices, $ billion), 2020-24
- Table 79: Germany GDP (Current Prices, $ Billion), 2020-24
- Table 80: Germany Inflation, 2020-24
- Table 81: Germany Consumer Price Index (Absolute), 2020-24
- Table 82: Germany exchange rate, 2019-24
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