Legal Services in the United Kingdom

Date: March 31, 2017
Pages: 34
Price:
US$ 350.00
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Publisher: MarketLine
Report type: Strategic Report
Delivery: E-mail Delivery (PDF)
ID: L9C967D6EB9EN
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Legal Services in the United Kingdom
Legal Services in the United Kingdom

SUMMARY

Legal Services in the United Kingdom 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 United Kingdom legal services market. Includes market size data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.

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 UK legal services market had total revenues of $44.7bn in 2016, representing a compound annual growth rate (CAGR) of 5.8% between 2012 and 2016.
  • Market consumption volume increased with a CAGR of 2.1% between 2012 and 2016, to reach a total of 198.8 thousand legal professionals in 2016.
  • One of the drivers of growth has been the liberalization of the market, allowing players who are non-legal professionals to enter. Companies such as the Co-Op have taken this opportunity and expanded the company into basic legal services.
SCOPE
  • Save time carrying out entry-level research by identifying the size, growth, 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
REASONS TO BUY
  • What was the size of the United Kingdom legal services market by value in 2016?
  • What will be the size of the United Kingdom legal services market in 2021?
  • 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?
  • How large is the United Kingdom’s legal services market in relation to its regional counterparts?
Executive Summary
Market value
Market value forecast
Market volume
Market volume forecast
Geography segmentation
Market rivalry
Market Overview
Market definition
Market analysis
Market Data
Market value
Market volume
Market Segmentation
Geography segmentation
Market Outlook
Market value forecast
Market volume forecast
Five Forces Analysis
Summary
Buyer power
Supplier power
New entrants
Threat of substitutes
Degree of rivalry
Leading Companies
Allen & Overy LLP
Clifford Chance LLP
DLA Piper
Linklaters LLP
Macroeconomic Indicators
Country data
Methodology
Industry associations
Related MarketLine research
Appendix
About MarketLine

LIST OF TABLES

Table 1: United Kingdom legal services market value: $ billion, 2012–16
Table 2: United Kingdom legal services market volume: thousand legal professionals, 2012–16
Table 3: United Kingdom legal services market geography segmentation: $ billion, 2016
Table 4: United Kingdom legal services market value forecast: $ billion, 2016–21
Table 5: United Kingdom legal services market volume forecast: thousand legal professionals, 2016–21
Table 6: Allen & Overy LLP: key facts
Table 7: Allen & Overy LLP: key financials ($)
Table 8: Allen & Overy LLP: key financials (£)
Table 9: Allen & Overy LLP: key financial ratios
Table 10: Clifford Chance LLP: key facts
Table 11: Clifford Chance LLP: key financials ($)
Table 12: Clifford Chance LLP: key financials (£)
Table 13: Clifford Chance LLP: key financial ratios
Table 14: DLA Piper: key facts
Table 15: Linklaters LLP: key facts
Table 16: United Kingdom size of population (million), 2012–16
Table 17: United Kingdom gdp (constant 2005 prices, $ billion), 2012–16
Table 18: United Kingdom gdp (current prices, $ billion), 2012–16
Table 19: United Kingdom inflation, 2012–16
Table 20: United Kingdom consumer price index (absolute), 2012–16
Table 21: United Kingdom exchange rate, 2012–16

LIST OF FIGURES

Figure 1: United Kingdom legal services market value: $ billion, 2012–16
Figure 2: United Kingdom legal services market volume: thousand legal professionals, 2012–16
Figure 3: United Kingdom legal services market geography segmentation: % share, by value, 2016
Figure 4: United Kingdom legal services market value forecast: $ billion, 2016–21
Figure 5: United Kingdom legal services market volume forecast: thousand legal professionals, 2016–21
Figure 6: Forces driving competition in the legal services market in the United Kingdom, 2016
Figure 7: Drivers of buyer power in the legal services market in the United Kingdom, 2016
Figure 8: Drivers of supplier power in the legal services market in the United Kingdom, 2016
Figure 9: Factors influencing the likelihood of new entrants in the legal services market in the United Kingdom, 2016
Figure 10: Factors influencing the threat of substitutes in the legal services market in the United Kingdom, 2016
Figure 11: Drivers of degree of rivalry in the legal services market in the United Kingdom, 2016
Figure 12: Allen & Overy LLP: revenues & profitability
Figure 13: Allen & Overy LLP: assets & liabilities
Figure 14: Clifford Chance LLP: revenues & profitability
Figure 15: Clifford Chance LLP: assets & liabilities

COMPANIES MENTIONED

Allen & Overy LLP
Clifford Chance LLP
DLA Piper
Linklaters LLP
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