Legal Services in Japan
Summary
Legal Services in Japan industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2019-24, 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.
- The Japanese legal services market recorded revenues of $5.5 billion in 2024, representing a negative compound annual growth rate (CAGR) of 2.6% between 2019 and 2024.
- Market consumption volume increased with a CAGR of 2.2% between 2019 and 2024, to reach a total of 45.6 thousand personnel in 2024.
- The Japanese market accounts for 4.4% of the total Asia-Pacific market. The market contraction during 2019-24 primarily contributed to the double-digit contraction in 2022.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the legal services market in Japan
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the legal services market in Japan
- 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 Japan legal services market with five year forecasts by both value and volume
- What was the size of the Japan legal services market by value in 2024?
- What will be the size of the Japan legal services market in 2029?
- What factors are affecting the strength of competition in the Japan legal services market?
- How has the market performed over the last five years?
- Who are the top competitors in Japan's legal services market?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Geography segmentation
- 1.4. Market rivalry
- 1.5. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 4 Market Segmentation
- 4.1. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the leading players?
- 7.2. What are the recent developments in the market?
- 7.3. How are Alternative Legal Service Providers (ALSPs) creating competition for traditional legal service providers?
- 8 Company Profiles
- 8.1. Nishimura & Asahi
- 8.2. Mori Hamada & Matsumoto
- 8.3. TMI Associates
- 8.4. Nagashima Ohno & Tsunematsu
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: Japan legal services market value: $ billion, 2019-24
- Table 2: Japan legal services market geography segmentation: $ billion, 2024
- Table 3: Japan legal services market value forecast: $ billion, 2024-29
- Table 4: Nishimura & Asahi: Key Facts
- Table 5: Nishimura & Asahi: Key Employees
- Table 6: Mori Hamada & Matsumoto: Key Facts
- Table 7: Mori Hamada & Matsumoto: Key Employees
- Table 8: TMI Associates: Key Facts
- Table 9: TMI Associates: Key Employees
- Table 10: Nagashima Ohno & Tsunematsu: Key Facts
- Table 11: Nagashima Ohno & Tsunematsu: Key Employees
- Table 12: Japan Size of Population (Million), 2020-24
- Table 13: Japan Real GDP (Constant 2010 Prices, $ Billion), 2020-24
- Table 14: Japan GDP (Current Prices, $ Billion), 2020-24
- Table 15: Japan Inflation, 2020-24
- Table 16: Japan Consumer Price Index (Absolute), 2020-24
- Table 17: Japan Exchange Rate, 2019-24
- List of Figures
- Figure 1: Japan legal services market value: $ billion, 2019-24
- Figure 2: Japan legal services market geography segmentation: % share, by value, 2024
- Figure 3: Japan legal services market value forecast: $ billion, 2024-29
- Figure 4: Forces driving competition in the legal services market in Japan, 2024
- Figure 5: Drivers of buyer power in the legal services market in Japan, 2024
- Figure 6: Drivers of supplier power in the legal services market in Japan, 2024
- Figure 7: Factors influencing the likelihood of new entrants in the legal services market in Japan, 2024
- Figure 8: Factors influencing the threat of substitutes in the legal services market in Japan, 2024
- Figure 9: Drivers of degree of rivalry in the legal services market in Japan, 2024
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