Legal Services Market
Professional Services

Global Legal Services Market Report 2021 – Opportunities And Strategies, Market Forecast And Trends

The Global Legal Services Market Report by The Business Research Company covers legal services market drivers and restraints, legal services market size, major players, and the impact of COVID-19 on the legal services market.

The legal services market consists of sales of law-related services and related goods by entities (organizations, sole traders and partnerships) that advise clients (individuals, businesses or other entities) about their legal rights and responsibilities, and represent clients in civil or criminal cases, business transactions and other matters, in which legal advice and other assistance is sought. Legal services providers undertake processes where human capital is the major input. They make available the knowledge and skills of their employees, often on an assignment basis, where an individual or a team is responsible for the delivery of services to the client.

The legal services market is expected to grow from $713.7 billion in 2020 to $908.26 billion in 2025 at a rate of 4.9%. The legal services market is then expected to grow at a compound annual growth rate of 4.8% from 2025 and reach $1,145.9 billion in 2030.

The increasing number of transactional practices in the forecast period is expected to drive the legal services market.

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Some legal services market trends include the emergence of alternative legal service providers (ALSPs) and movement of companies towards the process of digitalization following the emergence of information communication and technology.

Global legal services market segments include:

1) By Type: B2B Legal Services, B2C Legal Services, Hybrid Legal Services, Criminal Law Practices

2) By Size: Large Law Firms, SME Law Firms

3) By End-Users: Individuals, Financial Services, Mining And Oil & Gas, Manufacturing, Construction, It Services, Others

4) By Type Of Practice: Litigation, Corporate, Labor/Employment, Real Estate, Patent Litigation, Tax, Bankruptcy, Others (Regulatory, M&A, Antitrust, Environmental)

5) By End-Users: Individuals, Financial Services, Mining And Oil & Gas, Manufacturing, Construction, It Services, Other Services, Others

6) By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

 

Read More On The Legal Services Global Market Report 2021: COVID-19 Impact and Recovery To 2030 At:

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The Legal Services Global Market Report 2021: COVID-19 Impact and Recovery To 2030 is one of a series of new reports from The Business Research Company that provides legal services market overviews, analyzes and forecasts market size, share, legal services market players, legal services market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.

The legal services identify top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Where To Learn More:

Read Legal Services Global Market Report 2021: COVID-19 Impact and Recovery To 2030 from The Business Research Company for information on the following:

Data Segmentations: Market Size, Global, By Region And By Country; Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries

Market Players Covered: Kirkland & Ellis LLP, Latham & Watkins LLP, DLA Piper, Baker & McKenzie, Skadden, Arps, Slate, Meagher & Flom LLP and Affiliates

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)

Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.

Sourcing and Referencing: Data and analysis throughout the report are sourced using end notes.

Strategies For Participants In The Legal Services Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.

Opportunities For Companies In The Legal Services Sector: The report reveals where the global industry will put on most $ sales up to 2023.

Interested to know more about The Business Research Company?

The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets.

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