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Legal Services in Asia-Pacific

November 2020 | 43 pages | ID: L14FDF8352FEN
MarketLine

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Legal Services in Asia-Pacific

Summary

Legal Services in Asia-Pacific industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 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 Asia-Pacific legal services market is expected to generate total revenues of $94.5bn in 2020, representing a compound annual growth rate (CAGR) of 4.8% between 2016 and 2020.
  • Market volume is forecast to increase with a CAGR of 3.6% between 2016 and 2020, to reach a total of 3.1 billion legal professionals in 2020.
  • Growth in Asia-Pacific has been largely driven by the Chinese market, which will make up approximately 57.3% of market revenue in 2020.
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 by both value and volume
Reasons to Buy
  • What was the size of the Asia-Pacific legal services market by value in 2020?
  • What will be the size of the Asia-Pacific legal services market in 2025?
  • 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?
  • Who are the top competitiors in Asia-Pacific'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. Which alternative legal services providers are competing with leading players?

8 COMPANY PROFILES

8.1. Baker & McKenzie LLP
8.2. Clifford Chance LLP
8.3. Herbert Smith Freehills

9 APPENDIX

9.1. Methodology
9.2. About MarketLine

LIST OF TABLES

Table 1: Asia-Pacific legal services market value: $ billion, 2016-20(e)
Table 2: Asia-Pacific legal services market volume: thousand legal professionals, 2016-20(e)
Table 3: Asia-Pacific legal services market geography segmentation: $ billion, 2020(e)
Table 4: Asia-Pacific legal services market value forecast: $ billion, 2020-25
Table 5: Asia-Pacific legal services market volume forecast: thousand legal professionals, 2020-25
Table 6: Baker & McKenzie LLP: key facts
Table 7: Baker & McKenzie LLP: Key Employees
Table 8: Baker & McKenzie LLP: Key Employees Continued
Table 9: Baker & McKenzie LLP: Key Employees Continued
Table 10: Baker & McKenzie LLP: Key Employees Continued
Table 11: Clifford Chance LLP: key facts
Table 12: Clifford Chance LLP: Key Employees
Table 13: Herbert Smith Freehills: key facts
Table 14: Herbert Smith Freehills: Key Employees

LIST OF FIGURES

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

COMPANIES MENTIONED

Baker & McKenzie LLP
Clifford Chance LLP
Herbert Smith Freehills


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