Global Legal Services Industry Analysed in Topical Research Study by MarketLine Available at MarketPublishers.com22 Jul 2014 • by Natalie Aster
LONDON – The world legal services market had USD 610.4 billion in total revenues in 2013, representing a CAGR of 3% from 2009 to 2013. There were over 4,082 thousand legal professionals in 2013, with the market volume posting a CAGR of 2.7% during 2009-2013. North America and South America together account for around 57% of the total value of the global legal services market.
Over the past years, competition in the world legal services market has greatly changed due to a number of factors, but in the aftermath of the economic downturn, the pace of change has speeded up. Clients tend to become more focused on enhancing the value of the legal services they receive from law firms. Against this background, firms have to reshape themselves in order to be more responsive to their clients’ needs, to deliver services in a more predictable and efficient manner, as well as to develop pricing models that reflect the value of the services being offered more accurately.
Topical market research report “Legal Services: Global Industry Guide” drawn up by MarketLine draws up an unbiased picture of the worldwide legal services sector. It provides comprehensive qualitative and quantitative summary data (2009-2013) on market size by value, discusses the sector’s growth tempo, gives details on market segments, and overviews and scrutinises the degree of the competitive intensity and attractiveness of the world legal services marketplace. Exhaustive profiles of the top legal services industry players with insightful information on their worldwide operations and financial results are available in the study as well. Furthermore, the report provides solid knowledge of future growth prospects of the global legal services market along with 5-year market value forecast data. The study also contains individual market analyses on 8 leading economies, including Europe, APAC, Germany, the US, France, the UK and Japan.
Legal Services: Global Industry Guide
Published: April, 2014
Price: US$ 995.00
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More in-demand research studies by the publisher can be found at MarketLine page.