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Legal Services in Germany - Market Summary, Competitive Analysis and Forecast to 2025

October 2021 | 46 pages | ID: LDE039AE5201EN
MarketLine

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Legal Services in Germany - Market Summary, Competitive Analysis and Forecast to 2025

SUMMARY

Legal Services in Germany industry profile provides top-line qualitative and quantitative summary information including: market size (value 2016-20, and forecast to 2025). 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 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 German legal services market had total revenues of $25.6bn in 2020, representing a compound annual growth rate (CAGR) of 1.9% between 2016 and 2020.
  • Market production volume increased with a CAGR of 0.3% between 2016 and 2020, to reach a total of 165,900 legal professionals in 2020.
  • The market’s growth of 2.1% in 2020 may have been driven by the increased legislative activity during the pandemic.
SCOPE
  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the legal services market in Germany
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the legal services market in Germany
  • 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 Germany legal services market with five year forecasts
REASONS TO BUY
  • What was the size of the Germany legal services market by value in 2020?
  • What will be the size of the Germany legal services market in 2025?
  • What factors are affecting the strength of competition in the Germany legal services market?
  • How has the market performed over the last five years?
  • What are the main segments that make up Germany's legal services market?
1 EXECUTIVE SUMMARY

1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Geography segmentation
1.6. Market rivalry
1.7. Competitive Landscape

2 MARKET OVERVIEW

2.1. Market definition
2.2. Market analysis

3 MARKET DATA

3.1. Market value
3.2. Market volume

4 MARKET SEGMENTATION

4.1. Geography segmentation

5 MARKET OUTLOOK

5.1. Market value forecast
5.2. Market volume 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 alternative legal services providers are competing with leading players?
7.4. What are the recent developments for the leading players?

8 COMPANY PROFILES

8.1. Hengeler Mueller Partnerschaft von Rechtsanwalten mbB
8.2. Taylor Wessing LLP
8.3. Noerr 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: Germany legal services market value: $ billion, 2016-20
Table 2: Germany legal services market volume: thousand number of legal professionals, 2016-20
Table 3: Germany legal services market geography segmentation: $ billion, 2020
Table 4: Germany legal services market value forecast: $ billion, 2020-25
Table 5: Germany legal services market volume forecast: thousand number of legal professionals, 2020-25
Table 6: Hengeler Mueller Partnerschaft von Rechtsanwalten mbB: key facts
Table 7: Hengeler Mueller Partnerschaft von Rechtsanwalten mbB: Key Employees
Table 8: Hengeler Mueller Partnerschaft von Rechtsanwalten mbB: Key Employees Continued
Table 9: Hengeler Mueller Partnerschaft von Rechtsanwalten mbB: Key Employees Continued
Table 10: Hengeler Mueller Partnerschaft von Rechtsanwalten mbB: Key Employees Continued
Table 11: Taylor Wessing LLP: key facts
Table 12: Taylor Wessing LLP: Key Employees
Table 13: Noerr LLP: key facts
Table 14: Noerr LLP: Key Employees
Table 15: Freshfields Bruckhaus Deringer LLP: key facts
Table 16: Freshfields Bruckhaus Deringer LLP: Key Employees
Table 17: Germany size of population (million), 2016-20
Table 18: Germany gdp (constant 2005 prices, $ billion), 2016-20
Table 19: Germany gdp (current prices, $ billion), 2016-20
Table 20: Germany inflation, 2016-20
Table 21: Germany consumer price index (absolute), 2016-20
Table 22: Germany exchange rate, 2016-20

LIST OF FIGURES

Figure 1: Germany legal services market value: $ billion, 2016-20
Figure 2: Germany legal services market volume: thousand number of legal professionals, 2016-20
Figure 3: Germany legal services market geography segmentation: % share, by value, 2020
Figure 4: Germany legal services market value forecast: $ billion, 2020-25
Figure 5: Germany legal services market volume forecast: thousand number of legal professionals, 2020-25
Figure 6: Forces driving competition in the legal services market in Germany, 2020
Figure 7: Drivers of buyer power in the legal services market in Germany, 2020
Figure 8: Drivers of supplier power in the legal services market in Germany, 2020
Figure 9: Factors influencing the likelihood of new entrants in the legal services market in Germany, 2020
Figure 10: Factors influencing the threat of substitutes in the legal services market in Germany, 2020
Figure 11: Drivers of degree of rivalry in the legal services market in Germany, 2020


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