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Asia-Pacific (APAC) Legal Services Market Summary, Competitive Analysis and Forecast to 2028

February 2024 | 45 pages | ID: A3EB8DA5A081EN
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Asia-Pacific (APAC) Legal Services Market Summary, Competitive Analysis and Forecast to 2028

Summary

Legal Services in Asia-Pacific industry profile provides top-line qualitative and quantitative summary information including: market size (value 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights
  • The legal services market includes practitioners of law operating in every sector of the legal spectrum. These include but are not limited to, commercial, criminal, legal aid, insolvency, labor/industrial, family, and taxation law.
  • The Asia-Pacific legal services market recorded revenues of $115.2 billion in 2023, representing a compound annual growth rate (CAGR) of 4.6% between 2018 and 2023.
  • Market consumption volume increased with a CAGR of 4.8% between 2018 and 2023, to reach a total of 3,149.9 thousand personnel in 2023.
  • As per GlobalData, Asia-Pacific held a 15.5% stake in the global legal services market in 2023.
Scope
  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the legal services market in Asia-Pacific
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the legal services market in Asia-Pacific
  • 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 Asia-Pacific legal services market with five year forecasts
Reasons to Buy
  • What was the size of the Asia-Pacific legal services market by value in 2023?
  • What will be the size of the Asia-Pacific legal services market in 2028?
  • What factors are affecting the strength of competition in the Asia-Pacific legal services market?
  • How has the market performed over the last five years?
  • What are the main segments that make up Asia-Pacific'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 strategies do the leading players follow?
7.3. What are the recent developments in the market?

8 COMPANY PROFILES

8.1. Baker & McKenzie LLP
8.2. Clifford Chance LLP
8.3. Dentons UK and Middle East LLP
8.4. Herbert Smith Freehills

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: Asia-Pacific legal services market value: $ billion, 2018-23
Table 2: Asia-Pacific legal services market geography segmentation: $ billion, 2023
Table 3: Asia-Pacific legal services market value forecast: $ billion, 2023-28
Table 4: Baker & McKenzie LLP: key facts
Table 5: Baker & McKenzie LLP: Key Employees
Table 6: Baker & McKenzie LLP: Key Employees Continued
Table 7: Baker & McKenzie LLP: Key Employees Continued
Table 8: Baker & McKenzie LLP: Key Employees Continued
Table 9: Clifford Chance LLP: key facts
Table 10: Clifford Chance LLP: Key Employees
Table 11: Clifford Chance LLP: Key Employees Continued
Table 12: Dentons UK and Middle East LLP: key facts
Table 13: Dentons UK and Middle East LLP: Key Employees
Table 14: Herbert Smith Freehills: key facts
Table 15: Herbert Smith Freehills: Key Employees
Table 16: Asia-Pacific exchange rate, 2019-23

LIST OF FIGURES

Figure 1: Asia-Pacific legal services market value: $ billion, 2018-23
Figure 2: Asia-Pacific legal services market geography segmentation: % share, by value, 2023
Figure 3: Asia-Pacific legal services market value forecast: $ billion, 2023-28
Figure 4: Forces driving competition in the legal services market in Asia-Pacific, 2023
Figure 5: Drivers of buyer power in the legal services market in Asia-Pacific, 2023
Figure 6: Drivers of supplier power in the legal services market in Asia-Pacific, 2023
Figure 7: Factors influencing the likelihood of new entrants in the legal services market in Asia-Pacific, 2023
Figure 8: Factors influencing the threat of substitutes in the legal services market in Asia-Pacific, 2023
Figure 9: Drivers of degree of rivalry in the legal services market in Asia-Pacific, 2023


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