Legal Services in the United States

Legal Services in the United States industry profile is an essential resource for top-level data and analysis covering the Legal Services industry. It includes data on market size and segmentation, plus textual and graphical analysis of the key trends and competitive landscape, leading companies and demographic information.

Scope

• Contains an executive summary and data on value, volume and/or segmentation
• Provides textual analysis of Legal Services in the United States’s recent performance and future prospects
• Incorporates in-depth five forces competitive environment analysis and scorecards
• Includes a five-year forecast of Legal Services in the United States
• The leading companies are profiled with supporting key financial metrics
• Supported by the key macroeconomic and demographic data affecting the market

Highlights

• Detailed information is included on market size, measured by value and/or volume
• Five forces scorecards provide an accessible yet in depth view of the market’s competitive landscape

Why you should buy this report

• Spot future trends and developments
• Inform your business decisions
• Add weight to presentations and marketing materials
• Save time carrying out entry-level research

Market Definition

The legal services market includes practitioners of law operating in every sector of the legal spectrum. These include commercial, criminal, legal aid, insolvency, labor/industrial, family and taxation law. The market's value is calculated as the total revenues received by law companies for services rendered. These values include all applicable taxes. Market volumes in this report refer to the total number of legal professionals.

For the purposes of this report, the Americas consists of North America and South America.

North America consists of Canada, Mexico, and the United States.

South America comprises Argentina, Brazil, Chile, Colombia, and Venezuela.

Contents

EXECUTIVE SUMMARY

MARKET OVERVIEW

Market definition
Research highlights
Market analysis

MARKET VALUE

MARKET VOLUME

MARKET SEGMENTATION I

FIVE FORCES ANALYSIS

Summary
Buyer power
Supplier power
New entrants
Substitutes
Rivalry

LEADING COMPANIES

Latham & Watkins LLP
Skadden, Arps, Slate, Meagher & Flom LLP and Affiliates
Jones Day

MARKET FORECASTS

Market value forecast
Market volume forecast

MACROECONOMIC INDICATORS

APPENDIX

Methodology
Industry associations
Related Datamonitor research
Disclaimer

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LIST OF TABLES

Table 1: United States legal services market value: $ million, 2005–09
Table 2: United States legal services market volume: thousand legal professionals, 2005–09
Table 3: United States legal services market segmentation I: % share, by value, 2009
Table 4: Latham & Watkins LLP: key facts
Table 5: Skadden, Arps, Slate, Meagher & Flom LLP and Affiliates: key facts
Table 6: Jones Day: key facts
Table 7: United States legal services market value forecast: $ million, 2009–14
Table 8: United States legal services market volume forecast: thousand legal professionals, 2009–14
Table 9: United States size of population (million), 2005–09
Table 10: United States gdp (constant 2000 prices, $ billion), 2005–09
Table 11: United States gdp (current prices, $ billion), 2005–09
Table 12: United States inflation, 2005–09
Table 13: United States consumer price index (absolute), 2005–09
Table 14: United States exchange rate, 2005–09

LIST OF FIGURES

Figure 1: United States legal services market value: $ million, 2005–09
Figure 2: United States legal services market volume: thousand legal professionals, 2005–09
Figure 3: United States legal services market segmentation I: % share, by value, 2009
Figure 4: Forces driving competition in the legal services market in the United States, 2009
Figure 5: Drivers of buyer power in the legal services market in the United States, 2009
Figure 6: Drivers of supplier power in the legal services market in the United States, 2009
Figure 7: Factors influencing the likelihood of new entrants in the legal services market in the United States, 2009
Figure 8: Factors influencing the threat of substitutes in the legal services market in the United States, 2009
Figure 9: Drivers of degree of rivalry in the legal services market in the United States, 2009
Figure 10: United States legal services market value forecast: $ million, 2009–14
Figure 11: United States legal services market volume forecast: thousand legal professionals, 2009–14
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