Legal Services Global Industry Guide_2016

Publisher Name :
Date: 28-Jul-2016
No. of pages: 159

Summary

Legal Services Global Industry Guide_2016 is a comprehensive study outlaying the current market scenario, future prospective and detailed industry insights of Legal Services market globally. The study pegs that the global legal services market had total revenues of $593.4bn in 2015, representing a compound annual growth rate (CAGR) of 3.9% between 2011 and 2015.

As per the report, 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.

According to Marketline, the number of legal professionals increased with a CAGR of 3.6% between 2011-2015, to reach a total of 6,081.0 thousand legal professionals in 2015. Further it provides, detailed industry analysis with help of Five Force Model at overall regional level and for 14 countries globally, analyzed within this report.

In order to have industry accepted standard comparative scenario - in this report, 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.

Key Findings


  • 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

  • Compares data from 14 countries globally, alongside individual chapters on each country.


Synopsis

Global Legal Services industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume , and forecast to 2020). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Reasons to Buy


  • What was the size of the global legal services market by value in 2015?

  • What will be the size of the global legal services market in 2020?

  • 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?


Key Highlights

The global legal services market had total revenues of $593.4bn in 2015, representing a compound annual growth rate (CAGR) of 3.9% between 2011 and 2015.

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 2015 exchange rates.

The recent explosion of law firm mergers largely reflects powerful international incumbent players' attempts to strengthen themselves in to a new tier of global firm, with a leading presence both in the West and across the newly developed emerging economies of South America and Asia-Pacific.

The number of legal professionals increased with a CAGR of 3.6% between 2011-2015, to reach a total of 6,081.0 thousand legal professionals in 2015.

Legal Services Global Industry Guide_2016

Table of Contents

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
Leading companies

Legal Services in Asia-Pacific
Market Overview
Market Data
Market Segmentation
Market outlook
Five forces analysis
Leading companies

Legal Services in Europe
Market Overview
Market Data
Market Segmentation
Market outlook
Five forces analysis
Leading companies

Legal Services in France
Market Overview
Market Data
Market Segmentation
Market outlook
Five forces analysis
Leading companies
Macroeconomic indicators

Legal Services in Germany
Market Overview
Market Data
Market Segmentation
Market outlook
Five forces analysis
Leading companies
Macroeconomic indicators

Legal Services in Japan
Market Overview
Market Data
Market Segmentation
Market outlook
Five forces analysis
Leading companies
Macroeconomic indicators

Legal Services in The United Kingdom
Market Overview
Market Data
Market Segmentation
Market outlook
Five forces analysis
Leading companies
Macroeconomic indicators

Legal Services in The United States
Market Overview
Market Data
Market Segmentation
Market outlook
Five forces analysis
Leading companies
Macroeconomic indicators

Appendix
Methodology
About MarketLine

List of Tables

Table 1: Global legal services market value: $ billion, 2011-15
Table 2: Global legal services market volume: million legal professionals, 2011-15
Table 3: Global legal services market geography segmentation: $ billion, 2015
Table 4: Global legal services market value forecast: $ billion, 2015-20
Table 5: Global legal services market volume forecast: million legal professionals, 2015-20
Table 6: Baker & McKenzie LLP: key facts
Table 7: DLA Piper: key facts
Table 8: Latham & Watkins LLP: key facts
Table 9: Skadden, Arps, Slate, Meagher & Flom LLP and Affiliates: key facts
Table 10: Asia-Pacific legal services market value: $ billion, 2011-15
Table 11: Asia-Pacific legal services market volume: million legal professionals, 2011-15
Table 12: Asia-Pacific legal services market geography segmentation: $ billion, 2015
Table 13: Asia-Pacific legal services market value forecast: $ billion, 2015-20
Table 14: Asia-Pacific legal services market volume forecast: million legal professionals, 2015-20
Table 15: Dentons US LLP: key facts
Table 16: Grandall Law Firm: key facts
Table 17: King & Wood Mallesons: key facts
Table 18: YingKe: key facts
Table 19: Europe legal services market value: $ billion, 2011-15
Table 20: Europe legal services market volume: million legal professionals, 2011-15
Table 21: Europe legal services market geography segmentation: $ billion, 2015
Table 22: Europe legal services market value forecast: $ billion, 2015-20
Table 23: Europe legal services market volume forecast: million legal professionals, 2015-20
Table 24: Cuatrecasas Gonçalves Pereira: key facts
Table 25: Fidal Innovation: key facts
Table 26: J&A Garrigues, S.L.P.: key facts
Table 27: Loyens & Loeff: key facts
Table 28: France legal services market value: $ billion, 2011-15
Table 29: France legal services market volume: million legal professionals, 2011-15
Table 30: France legal services market geography segmentation: $ billion, 2015
Table 31: France legal services market value forecast: $ billion, 2015-20
Table 32: France legal services market volume forecast: million legal professionals, 2015-20
Table 33: Bredin Prat & Associes: key facts
Table 34: Darrois Villey Maillot Brochier: key facts
Table 35: Fidal Innovation: key facts
Table 36: Gide Loyrette Nouel: key facts
Table 37: France size of population (million), 2011-15
Table 38: France gdp (constant 2005 prices, $ billion), 2011-15
Table 39: France gdp (current prices, $ billion), 2011-15
Table 40: France inflation, 2011-15
Table 41: France consumer price index (absolute), 2011-15
Table 42: France exchange rate, 2011-15
Table 43: Germany legal services market value: $ billion, 2011-15
Table 44: Germany legal services market volume: million legal professionals, 2011-15
Table 45: Germany legal services market geography segmentation: $ billion, 2015
Table 46: Germany legal services market value forecast: $ billion, 2015-20
Table 47: Germany legal services market volume forecast: million legal professionals, 2015-20
Table 48: Buse Heberer Fromm: key facts
Table 49: Hengeler Mueller: key facts
Table 50: Brödermann Jahn Rechtsanwaltsgesellschaft mbH: key facts
Table 51: Noerr LLP: key facts
Table 52: Germany size of population (million), 2011-15
Table 53: Germany gdp (constant 2005 prices, $ billion), 2011-15
Table 54: Germany gdp (current prices, $ billion), 2011-15
Table 55: Germany inflation, 2011-15
Table 56: Germany consumer price index (absolute), 2011-15
Table 57: Germany exchange rate, 2011-15
Table 58: Japan legal services market value: $ billion, 2011-15
Table 59: Japan legal services market volume: million legal professionals, 2011-15
Table 60: Japan legal services market geography segmentation: $ billion, 2015
Table 61: Japan legal services market value forecast: $ billion, 2015-20
Table 62: Japan legal services market volume forecast: million legal professionals, 2015-20
Table 63: Mori Hamada & Matsumoto: key facts
Table 64: Nagashima Ohno & Tsunematsu: key facts
Table 65: TMI Associates: key facts
Table 66: Japan size of population (million), 2011-15
Table 67: Japan gdp (constant 2005 prices, $ billion), 2011-15
Table 68: Japan gdp (current prices, $ billion), 2011-15
Table 69: Japan inflation, 2011-15
Table 70: Japan consumer price index (absolute), 2011-15
Table 71: Japan exchange rate, 2011-15
Table 72: United Kingdom legal services market value: $ billion, 2011-15
Table 73: United Kingdom legal services market volume: million legal professionals, 2011-15
Table 74: United Kingdom legal services market geography segmentation: $ billion, 2015
Table 75: United Kingdom legal services market value forecast: $ billion, 2015-20
Table 76: United Kingdom legal services market volume forecast: million legal professionals, 2015-20
Table 77: Allen & Overy LLP: key facts
Table 78: Allen & Overy LLP: key financials ($)
Table 79: Allen & Overy LLP: key financials (£)
Table 80: Allen & Overy LLP: key financial ratios
Table 81: Clifford Chance LLP: key facts
Table 82: Clifford Chance LLP: key financials ($)
Table 83: Clifford Chance LLP: key financials (£)
Table 84: Clifford Chance LLP: key financial ratios
Table 85: DLA Piper: key facts
Table 86: Linklaters LLP: key facts
Table 87: United Kingdom size of population (million), 2011-15
Table 88: United Kingdom gdp (constant 2005 prices, $ billion), 2011-15
Table 89: United Kingdom gdp (current prices, $ billion), 2011-15
Table 90: United Kingdom inflation, 2011-15
Table 91: United Kingdom consumer price index (absolute), 2011-15
Table 92: United Kingdom exchange rate, 2011-15
Table 93: United States legal services market value: $ billion, 2011-15
Table 94: United States legal services market volume: million legal professionals, 2011-15
Table 95: United States legal services market geography segmentation: $ billion, 2015
Table 96: United States legal services market value forecast: $ billion, 2015-20
Table 97: United States legal services market volume forecast: million legal professionals, 2015-20
Table 98: Baker & McKenzie LLP: key facts
Table 99: DLA Piper: key facts
Table 100: Latham & Watkins LLP: key facts
Table 101: Skadden, Arps, Slate, Meagher & Flom LLP and Affiliates: key facts
Table 102: United States size of population (million), 2011-15
Table 103: United States gdp (constant 2005 prices, $ billion), 2011-15
Table 104: United States gdp (current prices, $ billion), 2011-15
Table 105: United States inflation, 2011-15
Table 106: United States consumer price index (absolute), 2011-15
Table 107: United States exchange rate, 2011-15

List of Figures

Figure 1: Global legal services market value: $ billion, 2011-15
Figure 2: Global legal services market volume: million legal professionals, 2011-15
Figure 3: Global legal services market geography segmentation: % share, by value, 2015
Figure 4: Global legal services market value forecast: $ billion, 2015-20
Figure 5: Global legal services market volume forecast: million legal professionals, 2015-20
Figure 6: Forces driving competition in the global legal services market, 2015
Figure 7: Drivers of buyer power in the global legal services market, 2015
Figure 8: Drivers of supplier power in the global legal services market, 2015
Figure 9: Factors influencing the likelihood of new entrants in the global legal services market, 2015
Figure 10: Factors influencing the threat of substitutes in the global legal services market, 2015
Figure 11: Drivers of degree of rivalry in the global legal services market, 2015
Figure 12: Asia-Pacific legal services market value: $ billion, 2011-15
Figure 13: Asia-Pacific legal services market volume: million legal professionals, 2011-15
Figure 14: Asia-Pacific legal services market geography segmentation: % share, by value, 2015
Figure 15: Asia-Pacific legal services market value forecast: $ billion, 2015-20
Figure 16: Asia-Pacific legal services market volume forecast: million legal professionals, 2015-20
Figure 17: Forces driving competition in the legal services market in Asia-Pacific, 2015
Figure 18: Drivers of buyer power in the legal services market in Asia-Pacific, 2015
Figure 19: Drivers of supplier power in the legal services market in Asia-Pacific, 2015
Figure 20: Factors influencing the likelihood of new entrants in the legal services market in Asia-Pacific, 2015
Figure 21: Factors influencing the threat of substitutes in the legal services market in Asia-Pacific, 2015
Figure 22: Drivers of degree of rivalry in the legal services market in Asia-Pacific, 2015
Figure 23: Europe legal services market value: $ billion, 2011-15
Figure 24: Europe legal services market volume: million legal professionals, 2011-15
Figure 25: Europe legal services market geography segmentation: % share, by value, 2015
Figure 26: Europe legal services market value forecast: $ billion, 2015-20
Figure 27: Europe legal services market volume forecast: million legal professionals, 2015-20
Figure 28: Forces driving competition in the legal services market in Europe, 2015
Figure 29: Drivers of buyer power in the legal services market in Europe, 2015
Figure 30: Drivers of supplier power in the legal services market in Europe, 2015
Figure 31: Factors influencing the likelihood of new entrants in the legal services market in Europe, 2015
Figure 32: Factors influencing the threat of substitutes in the legal services market in Europe, 2015
Figure 33: Drivers of degree of rivalry in the legal services market in Europe, 2015
Figure 34: France legal services market value: $ billion, 2011-15
Figure 35: France legal services market volume: million legal professionals, 2011-15
Figure 36: France legal services market geography segmentation: % share, by value, 2015
Figure 37: France legal services market value forecast: $ billion, 2015-20
Figure 38: France legal services market volume forecast: million legal professionals, 2015-20
Figure 39: Forces driving competition in the legal services market in France, 2015
Figure 40: Drivers of buyer power in the legal services market in France, 2015
Figure 41: Drivers of supplier power in the legal services market in France, 2015
Figure 42: Factors influencing the likelihood of new entrants in the legal services market in France, 2015
Figure 43: Factors influencing the threat of substitutes in the legal services market in France, 2015
Figure 44: Drivers of degree of rivalry in the legal services market in France, 2015
Figure 45: Germany legal services market value: $ billion, 2011-15
Figure 46: Germany legal services market volume: million legal professionals, 2011-15
Figure 47: Germany legal services market geography segmentation: % share, by value, 2015
Figure 48: Germany legal services market value forecast: $ billion, 2015-20
Figure 49: Germany legal services market volume forecast: million legal professionals, 2015-20
Figure 50: Forces driving competition in the legal services market in Germany, 2015
Figure 51: Drivers of buyer power in the legal services market in Germany, 2015
Figure 52: Drivers of supplier power in the legal services market in Germany, 2015
Figure 53: Factors influencing the likelihood of new entrants in the legal services market in Germany, 2015
Figure 54: Factors influencing the threat of substitutes in the legal services market in Germany, 2015
Figure 55: Drivers of degree of rivalry in the legal services market in Germany, 2015
Figure 56: Japan legal services market value: $ billion, 2011-15
Figure 57: Japan legal services market volume: million legal professionals, 2011-15
Figure 58: Japan legal services market geography segmentation: % share, by value, 2015
Figure 59: Japan legal services market value forecast: $ billion, 2015-20
Figure 60: Japan legal services market volume forecast: million legal professionals, 2015-20
Figure 61: Forces driving competition in the legal services market in Japan, 2015
Figure 62: Drivers of buyer power in the legal services market in Japan, 2015
Figure 63: Drivers of supplier power in the legal services market in Japan, 2015
Figure 64: Factors influencing the likelihood of new entrants in the legal services market in Japan, 2015
Figure 65: Factors influencing the threat of substitutes in the legal services market in Japan, 2015
Figure 66: Drivers of degree of rivalry in the legal services market in Japan, 2015
Figure 67: United Kingdom legal services market value: $ billion, 2011-15
Figure 68: United Kingdom legal services market volume: million legal professionals, 2011-15
Figure 69: United Kingdom legal services market geography segmentation: % share, by value, 2015
Figure 70: United Kingdom legal services market value forecast: $ billion, 2015-20
Figure 71: United Kingdom legal services market volume forecast: million legal professionals, 2015-20
Figure 72: Forces driving competition in the legal services market in the United Kingdom, 2015
Figure 73: Drivers of buyer power in the legal services market in the United Kingdom, 2015
Figure 74: Drivers of supplier power in the legal services market in the United Kingdom, 2015
Figure 75: Factors influencing the likelihood of new entrants in the legal services market in the United Kingdom, 2015
Figure 76: Factors influencing the threat of substitutes in the legal services market in the United Kingdom, 2015
Figure 77: Drivers of degree of rivalry in the legal services market in the United Kingdom, 2015
Figure 78: Allen & Overy LLP: revenues & profitability
Figure 79: Allen & Overy LLP: assets & liabilities
Figure 80: Clifford Chance LLP: revenues & profitability
Figure 81: Clifford Chance LLP: assets & liabilities
Figure 82: United States legal services market value: $ billion, 2011-15
Figure 83: United States legal services market volume: million legal professionals, 2011-15
Figure 84: United States legal services market geography segmentation: % share, by value, 2015
Figure 85: United States legal services market value forecast: $ billion, 2015-20
Figure 86: United States legal services market volume forecast: million legal professionals, 2015-20
Figure 87: Forces driving competition in the legal services market in the United States, 2015
Figure 88: Drivers of buyer power in the legal services market in the United States, 2015
Figure 89: Drivers of supplier power in the legal services market in the United States, 2015
Figure 90: Factors influencing the likelihood of new entrants in the legal services market in the United States, 2015
Figure 91: Factors influencing the threat of substitutes in the legal services market in the United States, 2015
Figure 92: Drivers of degree of rivalry in the legal services market in the United States, 2015

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