Legal Services Global Industry Guide 2017

Date: April 26, 2017
Pages: 155
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Publisher: MarketLine
Report type: Strategic Report
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Legal Services Global Industry Guide 2017
Legal Services Global Industry Guide 2017

SUMMARY

Global Legal Services industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2012-16, and forecast to 2021). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

SYNOPSIS

Essential resource for top-line data and analysis covering the global legal services market. Includes market size data, textual and graphical analysis of market growth trends and leading companies.

KEY HIGHLIGHTS
  • 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.
  • All currency conversions are calculated at constant average annual 2016 exchange rates.
  • The global legal services market is had total revenues of $584.4bn in 2016, representing a compound annual growth rate (CAGR) of 2.6% between 2012 and 2016.
  • Market consumption volume increased with a CAGR of 3.4% between 2012 and 2016, to reach a total of 6.3 million legal professionals in 2016.
  • The trend for large scale mergers in the Global market shows little sign of slowing down. Large legal firms are competing to become international and strengthen themselves across multiple markets rather than just their domestic market.
SCOPE
  • Save time carrying out entry-level research by identifying the size, growth, and leading players in the global legal services market
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the global legal services market
  • 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 global legal services market with five year forecasts by both value and volume
REASONS TO BUY
  • What was the size of the global legal services market by value in 2016?
  • What will be the size of the global legal services market in 2021?
  • What factors are affecting the strength of competition in the global legal services market?
  • How has the market performed over the last five years?
  • How large is the global legal services market in relation to its regional counterparts?
EXECUTIVE SUMMARY
Market value
Market value forecast
Market volume
Market volume forecast
Geography segmentation
Introduction
What is this report about?
Who is the target reader?
How to use this report
Definitions
Global Legal Services
Market Overview
Market Data
Market Segmentation
Market outlook
Five forces analysis
Legal Services in Asia-Pacific
Market Overview
Market Data
Market Segmentation
Market outlook
Five forces analysis
Legal Services in Europe
Market Overview
Market Data
Market Segmentation
Market outlook
Five forces analysis
Legal Services in Japan
Market Overview
Market Data
Market Segmentation
Market outlook
Five forces analysis
Macroeconomic indicators
Legal Services in The United Kingdom
Market Overview
Market Data
Market Segmentation
Market outlook
Five forces analysis
Macroeconomic indicators
Legal Services in The United States
Market Overview
Market Data
Market Segmentation
Market outlook
Five forces analysis
Macroeconomic indicators
Legal Services in France
Market Overview
Market Data
Market Segmentation
Market outlook
Five forces analysis
Macroeconomic indicators
Legal Services in Germany
Market Overview
Market Data
Market Segmentation
Market outlook
Five forces analysis
Macroeconomic indicators
Company Profiles
Leading companies
Appendix
Methodology
About MarketLine

LIST OF TABLES

Table 1: Global legal services market value: $ billion, 2012–16
Table 2: Global legal services market volume: million legal professionals, 2012–16
Table 3: Global legal services market geography segmentation: $ billion, 2016
Table 4: Global legal services market value forecast: $ billion, 2016–21
Table 5: Global legal services market volume forecast: million legal professionals, 2016–21
Table 6: Asia-Pacific legal services market value: $ billion, 2012–16
Table 7: Asia–Pacific legal services market volume: thousand legal professionals, 2012–16
Table 8: Asia–Pacific legal services market geography segmentation: $ billion, 2016
Table 9: Asia-Pacific legal services market value forecast: $ billion, 2016–21
Table 10: Asia–Pacific legal services market volume forecast: thousand legal professionals, 2016–21
Table 11: Europe legal services market value: $ billion, 2012–16
Table 12: Europe legal services market volume: thousand legal professionals, 2012–16
Table 13: Europe legal services market geography segmentation: $ billion, 2016
Table 14: Europe legal services market value forecast: $ billion, 2016–21
Table 15: Europe legal services market volume forecast: thousand legal professionals, 2016–21
Table 16: Japan legal services market value: $ billion, 2012–16
Table 17: Japan legal services market volume: thousand legal professionals, 2012–16
Table 18: Japan legal services market geography segmentation: $ billion, 2016
Table 19: Japan legal services market value forecast: $ billion, 2016–21
Table 20: Japan legal services market volume forecast: thousand legal professionals, 2016–21
Table 21: Japan size of population (million), 2012–16
Table 22: Japan gdp (constant 2005 prices, $ billion), 2012–16
Table 23: Japan gdp (current prices, $ billion), 2012–16
Table 24: Japan inflation, 2012–16
Table 25: Japan consumer price index (absolute), 2012–16
Table 26: Japan exchange rate, 2012–16
Table 27: United Kingdom legal services market value: $ billion, 2012–16
Table 28: United Kingdom legal services market volume: thousand legal professionals, 2012–16
Table 29: United Kingdom legal services market geography segmentation: $ billion, 2016
Table 30: United Kingdom legal services market value forecast: $ billion, 2016–21
Table 31: United Kingdom legal services market volume forecast: thousand legal professionals, 2016–21
Table 32: United Kingdom size of population (million), 2012–16
Table 33: United Kingdom gdp (constant 2005 prices, $ billion), 2012–16
Table 34: United Kingdom gdp (current prices, $ billion), 2012–16
Table 35: United Kingdom inflation, 2012–16
Table 36: United Kingdom consumer price index (absolute), 2012–16
Table 37: United Kingdom exchange rate, 2012–16
Table 38: United States legal services market value: $ billion, 2012–16
Table 39: United States legal services market volume: thousand legal professionals, 2012–16
Table 40: United States legal services market geography segmentation: $ billion, 2016
Table 41: United States legal services market value forecast: $ billion, 2016–21
Table 42: United States legal services market volume forecast: thousand legal professionals, 2016–21
Table 43: United States size of population (million), 2012–16
Table 44: United States gdp (constant 2005 prices, $ billion), 2012–16
Table 45: United States gdp (current prices, $ billion), 2012–16
Table 46: United States inflation, 2012–16
Table 47: United States consumer price index (absolute), 2012–16
Table 48: United States exchange rate, 2012–15
Table 49: France legal services market value: $ billion, 2012–16
Table 50: France legal services market volume: thousand legal professionals, 2012–16
Table 51: France legal services market geography segmentation: $ billion, 2016
Table 52: France legal services market value forecast: $ billion, 2016–21
Table 53: France legal services market volume forecast: thousand legal professionals, 2016–21
Table 54: France size of population (million), 2012–16
Table 55: France gdp (constant 2005 prices, $ billion), 2012–16
Table 56: France gdp (current prices, $ billion), 2012–16
Table 57: France inflation, 2012–16
Table 58: France consumer price index (absolute), 2012–16
Table 59: France exchange rate, 2012–16
Table 60: Germany legal services market value: $ billion, 2012–16
Table 61: Germany legal services market volume: thousand legal professionals, 2012–16
Table 62: Germany legal services market geography segmentation: $ billion, 2016
Table 63: Germany legal services market value forecast: $ billion, 2016–21
Table 64: Germany legal services market volume forecast: thousand legal professionals, 2016–21
Table 65: Germany size of population (million), 2012–16
Table 66: Germany gdp (constant 2005 prices, $ billion), 2012–16
Table 67: Germany gdp (current prices, $ billion), 2012–16
Table 68: Germany inflation, 2012–16
Table 69: Germany consumer price index (absolute), 2012–16
Table 70: Germany exchange rate, 2012–16
Table 71: Baker & McKenzie LLP: key facts
Table 72: DLA Piper: key facts
Table 73: Latham & Watkins LLP: key facts
Table 74: Skadden, Arps, Slate, Meagher & Flom LLP and Affiliates: key facts
Table 75: Allens, Australia: key facts
Table 76: Dentons: key facts
Table 77: Mori Hamada & Matsumoto: key facts
Table 78: Nishimura & Asahi: key facts
Table 79: Clifford Chance LLP: key facts
Table 80: Clifford Chance LLP: key financials ($)
Table 81: Clifford Chance LLP: key financials (£)
Table 82: Clifford Chance LLP: key financial ratios
Table 83: Linklaters LLP: key facts
Table 84: Nagashima Ohno & Tsunematsu: key facts
Table 85: TMI Associates: key facts
Table 86: Allen & Overy LLP: key facts
Table 87: Allen & Overy LLP: key financials ($)
Table 88: Allen & Overy LLP: key financials (£)
Table 89: Allen & Overy LLP: key financial ratios
Table 90: Kirkland & Ellis LLP: key facts
Table 91: Bredin Prat: key facts
Table 92: Darrois Villey Maillot Brochier: key facts
Table 93: Gide Loyrette Nouel: key facts
Table 94: Freshfields Bruckhaus Deringer LLP: key facts
Table 95: Hengeler Mueller Partnerschaft von Rechtsanwalten GmbB: key facts
Table 96: Noerr LLP: key facts
Table 97: Taylor Wessing LLP: key facts

LIST OF FIGURES

Figure 1: Global legal services market value: $ billion, 2012–16
Figure 2: Global legal services market volume: million legal professionals, 2012–16
Figure 3: Global legal services market geography segmentation: % share, by value, 2016
Figure 4: Global legal services market value forecast: $ billion, 2016–21
Figure 5: Global legal services market volume forecast: million legal professionals, 2016–21
Figure 6: Forces driving competition in the global legal services market, 2016
Figure 7: Drivers of buyer power in the global legal services market, 2016
Figure 8: Drivers of supplier power in the global legal services market, 2016
Figure 9: Factors influencing the likelihood of new entrants in the global legal services market, 2016
Figure 10: Factors influencing the threat of substitutes in the global legal services market, 2016
Figure 11: Drivers of degree of rivalry in the global legal services market, 2016
Figure 12: Asia-Pacific legal services market value: $ billion, 2012–16
Figure 13: Asia–Pacific legal services market volume: thousand legal professionals, 2012–16
Figure 14: Asia–Pacific legal services market geography segmentation: % share, by value, 2016
Figure 15: Asia-Pacific legal services market value forecast: $ billion, 2016–21
Figure 16: Asia–Pacific legal services market volume forecast: thousand legal professionals, 2016–21
Figure 17: Forces driving competition in the legal services market in Asia-Pacific, 2016
Figure 18: Drivers of buyer power in the legal services market in Asia-Pacific, 2016
Figure 19: Drivers of supplier power in the legal services market in Asia-Pacific, 2016
Figure 20: Factors influencing the likelihood of new entrants in the legal services market in Asia-Pacific, 2016
Figure 21: Factors influencing the threat of substitutes in the legal services market in Asia-Pacific, 2016
Figure 22: Drivers of degree of rivalry in the legal services market in Asia-Pacific, 2016
Figure 23: Europe legal services market value: $ billion, 2012–16
Figure 24: Europe legal services market volume: thousand legal professionals, 2012–16
Figure 25: Europe legal services market geography segmentation: % share, by value, 2016
Figure 26: Europe legal services market value forecast: $ billion, 2016–21
Figure 27: Europe legal services market volume forecast: thousand legal professionals, 2016–21
Figure 28: Forces driving competition in the legal services market in Europe, 2016
Figure 29: Drivers of buyer power in the legal services market in Europe, 2016
Figure 30: Drivers of supplier power in the legal services market in Europe, 2016
Figure 31: Factors influencing the likelihood of new entrants in the legal services market in Europe, 2016
Figure 32: Factors influencing the threat of substitutes in the legal services market in Europe, 2016
Figure 33: Drivers of degree of rivalry in the legal services market in Europe, 2016
Figure 34: Japan legal services market value: $ billion, 2012–16
Figure 35: Japan legal services market volume: thousand legal professionals, 2012–16
Figure 36: Japan legal services market geography segmentation: % share, by value, 2016
Figure 37: Japan legal services market value forecast: $ billion, 2016–21
Figure 38: Japan legal services market volume forecast: thousand legal professionals, 2016–21
Figure 39: Forces driving competition in the legal services market in Japan, 2016
Figure 40: Drivers of buyer power in the legal services market in Japan, 2016
Figure 41: Drivers of supplier power in the legal services market in Japan, 2016
Figure 42: Factors influencing the likelihood of new entrants in the legal services market in Japan, 2016
Figure 43: Factors influencing the threat of substitutes in the legal services market in Japan, 2016
Figure 44: Drivers of degree of rivalry in the legal services market in Japan, 2016
Figure 45: United Kingdom legal services market value: $ billion, 2012–16
Figure 46: United Kingdom legal services market volume: thousand legal professionals, 2012–16
Figure 47: United Kingdom legal services market geography segmentation: % share, by value, 2016
Figure 48: United Kingdom legal services market value forecast: $ billion, 2016–21
Figure 49: United Kingdom legal services market volume forecast: thousand legal professionals, 2016–21
Figure 50: Forces driving competition in the legal services market in the United Kingdom, 2016
Figure 51: Drivers of buyer power in the legal services market in the United Kingdom, 2016
Figure 52: Drivers of supplier power in the legal services market in the United Kingdom, 2016
Figure 53: Factors influencing the likelihood of new entrants in the legal services market in the United Kingdom, 2016
Figure 54: Factors influencing the threat of substitutes in the legal services market in the United Kingdom, 2016
Figure 55: Drivers of degree of rivalry in the legal services market in the United Kingdom, 2016
Figure 56: United States legal services market value: $ billion, 2012–16
Figure 57: United States legal services market volume: thousand legal professionals, 2012–16
Figure 58: United States legal services market geography segmentation: % share, by value, 2016
Figure 59: United States legal services market value forecast: $ billion, 2016–21
Figure 60: United States legal services market volume forecast: thousand legal professionals, 2016–21
Figure 61: Forces driving competition in the legal services market in the United States, 2016
Figure 62: Drivers of buyer power in the legal services market in the United States, 2016
Figure 63: Drivers of supplier power in the legal services market in the United States, 2016
Figure 64: Factors influencing the likelihood of new entrants in the legal services market in the United States, 2016
Figure 65: Factors influencing the threat of substitutes in the legal services market in the United States, 2016
Figure 66: Drivers of degree of rivalry in the legal services market in the United States, 2016
Figure 67: France legal services market value: $ billion, 2012–16
Figure 68: France legal services market volume: thousand legal professionals, 2012–16
Figure 69: France legal services market geography segmentation: % share, by value, 2016
Figure 70: France legal services market value forecast: $ billion, 2016–21
Figure 71: France legal services market volume forecast: thousand legal professionals, 2016–21
Figure 72: Forces driving competition in the legal services market in France, 2016
Figure 73: Drivers of buyer power in the legal services market in France, 2016
Figure 74: Drivers of supplier power in the legal services market in France, 2016
Figure 75: Factors influencing the likelihood of new entrants in the legal services market in France, 2016
Figure 76: Factors influencing the threat of substitutes in the legal services market in France, 2016
Figure 77: Drivers of degree of rivalry in the legal services market in France, 2016
Figure 78: Germany legal services market value: $ billion, 2012–16
Figure 79: Germany legal services market volume: thousand legal professionals, 2012–16
Figure 80: Germany legal services market geography segmentation: % share, by value, 2016
Figure 81: Germany legal services market value forecast: $ billion, 2016–21
Figure 82: Germany legal services market volume forecast: thousand legal professionals, 2016–21
Figure 83: Forces driving competition in the legal services market in Germany, 2016
Figure 84: Drivers of buyer power in the legal services market in Germany, 2016
Figure 85: Drivers of supplier power in the legal services market in Germany, 2016
Figure 86: Factors influencing the likelihood of new entrants in the legal services market in Germany, 2016
Figure 87: Factors influencing the threat of substitutes in the legal services market in Germany, 2016
Figure 88: Drivers of degree of rivalry in the legal services market in Germany, 2016
Figure 89: Clifford Chance LLP: revenues & profitability
Figure 90: Clifford Chance LLP: assets & liabilities
Figure 91: Allen & Overy LLP: revenues & profitability
Figure 92: Allen & Overy LLP: assets & liabilities
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