United Kingdom (UK) Legal Services Market Summary, Competitive Analysis and Forecast to 2028
United Kingdom (UK) Legal Services Market Summary, Competitive Analysis and Forecast to 2028
Summary
Legal Services in the United Kingdom industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 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
Summary
Legal Services in the United Kingdom industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 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 UK legal services market recorded revenues of $57.7 billion in 2023, representing a compound annual growth rate (CAGR) of 4% between 2018 and 2023.
- Market consumption volume increased with a CAGR of 2.2% between 2018 and 2023, to reach a total of 211.3 thousand personnel in 2023.
- The UK legal services market is the largest in the European region, accounting for 32.4% of the European market in 2023.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the legal services market in the United Kingdom
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the legal services market in the United Kingdom
- 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 United Kingdom legal services market with five year forecasts by both value and volume
- What was the size of the United Kingdom legal services market by value in 2023?
- What will be the size of the United Kingdom legal services market in 2028?
- What factors are affecting the strength of competition in the United Kingdom legal services market?
- How has the market performed over the last five years?
- Who are the top competitors in the United Kingdom'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. Clifford Chance LLP
8.2. Allen & Overy LLP
8.3. Linklaters LLP
8.4. Freshfields Bruckhaus Deringer LLP
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
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. Clifford Chance LLP
8.2. Allen & Overy LLP
8.3. Linklaters LLP
8.4. Freshfields Bruckhaus Deringer LLP
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: United Kingdom legal services market value: $ billion, 2018-23
Table 2: United Kingdom legal services market geography segmentation: $ billion, 2023
Table 3: United Kingdom legal services market value forecast: $ billion, 2023-28
Table 4: Clifford Chance LLP: key facts
Table 5: Clifford Chance LLP: Key Employees
Table 6: Clifford Chance LLP: Key Employees Continued
Table 7: Allen & Overy LLP: key facts
Table 8: Allen & Overy LLP: Key Employees
Table 9: Allen & Overy LLP: Key Employees Continued
Table 10: Allen & Overy LLP: Key Employees Continued
Table 11: Linklaters LLP: key facts
Table 12: Linklaters LLP: Key Employees
Table 13: Freshfields Bruckhaus Deringer LLP: key facts
Table 14: Freshfields Bruckhaus Deringer LLP: Key Employees
Table 15: United Kingdom size of population (million), 2019-23
Table 16: United Kingdom gdp (constant 2005 prices, $ billion), 2019-23
Table 17: United Kingdom gdp (current prices, $ billion), 2019-23
Table 18: United Kingdom inflation, 2019-23
Table 19: United Kingdom consumer price index (absolute), 2019-23
Table 20: United Kingdom exchange rate, 2019-23
Table 1: United Kingdom legal services market value: $ billion, 2018-23
Table 2: United Kingdom legal services market geography segmentation: $ billion, 2023
Table 3: United Kingdom legal services market value forecast: $ billion, 2023-28
Table 4: Clifford Chance LLP: key facts
Table 5: Clifford Chance LLP: Key Employees
Table 6: Clifford Chance LLP: Key Employees Continued
Table 7: Allen & Overy LLP: key facts
Table 8: Allen & Overy LLP: Key Employees
Table 9: Allen & Overy LLP: Key Employees Continued
Table 10: Allen & Overy LLP: Key Employees Continued
Table 11: Linklaters LLP: key facts
Table 12: Linklaters LLP: Key Employees
Table 13: Freshfields Bruckhaus Deringer LLP: key facts
Table 14: Freshfields Bruckhaus Deringer LLP: Key Employees
Table 15: United Kingdom size of population (million), 2019-23
Table 16: United Kingdom gdp (constant 2005 prices, $ billion), 2019-23
Table 17: United Kingdom gdp (current prices, $ billion), 2019-23
Table 18: United Kingdom inflation, 2019-23
Table 19: United Kingdom consumer price index (absolute), 2019-23
Table 20: United Kingdom exchange rate, 2019-23
LIST OF FIGURES
Figure 1: United Kingdom legal services market value: $ billion, 2018-23
Figure 2: United Kingdom legal services market geography segmentation: % share, by value, 2023
Figure 3: United Kingdom legal services market value forecast: $ billion, 2023-28
Figure 4: Forces driving competition in the legal services market in the United Kingdom, 2023
Figure 5: Drivers of buyer power in the legal services market in the United Kingdom, 2023
Figure 6: Drivers of supplier power in the legal services market in the United Kingdom, 2023
Figure 7: Factors influencing the likelihood of new entrants in the legal services market in the United Kingdom, 2023
Figure 8: Factors influencing the threat of substitutes in the legal services market in the United Kingdom, 2023
Figure 9: Drivers of degree of rivalry in the legal services market in the United Kingdom, 2023
Figure 1: United Kingdom legal services market value: $ billion, 2018-23
Figure 2: United Kingdom legal services market geography segmentation: % share, by value, 2023
Figure 3: United Kingdom legal services market value forecast: $ billion, 2023-28
Figure 4: Forces driving competition in the legal services market in the United Kingdom, 2023
Figure 5: Drivers of buyer power in the legal services market in the United Kingdom, 2023
Figure 6: Drivers of supplier power in the legal services market in the United Kingdom, 2023
Figure 7: Factors influencing the likelihood of new entrants in the legal services market in the United Kingdom, 2023
Figure 8: Factors influencing the threat of substitutes in the legal services market in the United Kingdom, 2023
Figure 9: Drivers of degree of rivalry in the legal services market in the United Kingdom, 2023
