Global Legal Services Market Forecast And Growth Through COVID-19, Competitive Landscape, Segments, Key Regions Overview

The Business Research Company’s ‘Legal Services Global Market Report 2021 - By Type (B2B Legal Services, B2C Legal Services, Hybrid Legal Services, Criminal Law Practices), By Size (Large Law Firms, SME Law Firms), By End-Users (Individuals, Financial Services, Mining And Oil & Gas, Manufacturing, Construction, IT Services), By Type Of Practice (Litigation, Corporate, Labor/Employment, Real Estate, Patent Litigation, Tax, Bankruptcy) By Mode (Online, Offline), COVID-19 Impact And Recovery’ is the most comprehensive report available on this market. It covers 60 geographies and thus helps gain a truly global perspective of the market. The regional and country breakdowns section gives an analysis of the market in each geography as well as the size of the market by region and by country. It also compares the market’s historic and forecast growth while highlighting important trends and strategies that legal services market players can adopt.

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The global legal services market is expected to grow from $713.6 billion in 2020 to $734.6 billion in 2021 at a compound annual growth rate (CAGR) of 2.%.The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges.The market is expected to reach $908.7 billion in 2025 at a CAGR of 5%.

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The legal services market consists of the 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 are sought.Legal services 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 segmented into B2B legal services; B2C services; hybrid services and criminal services.

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The legal services market report also gives in-depth analysis of the impact of COVID-19 on the market. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. A highly experienced and expert team of analysts and modelers provides market analysis and forecasts. The reports identify top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Some of the major players of the legal services market are Latham & Watkins, Kirkland & Ellis LLP, Baker & McKenzie, Skadden, Arps, Slate, Meagher & Flom, DLA Piper

The global legal services market is segmented –
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 Mode: Online, Offline

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The legal services market report describes and explains the global legal services market and covers 2015 to 2020, termed the historic period, and 2020 to 2025 termed the forecast period, along with further forecasts for the period 2025-2030. The legal services report evaluates the market across each region and for the major economies within each region.

The countries covered in the global legal services market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.

The regions covered in the global legal services market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The Full Report Includes

  1. Executive Summary
  2. Report Structure
  3. Legal Services Market Characteristics
  4. Legal Services Market Product Analysis
  5. Legal Services Market Supply Chain

…..

  1. Key Mergers And Acquisitions In The Legal Services Market
  2. Market Background: Professional Services
  3. Recommendations
  4. Appendix
  5. Copyright And Disclaimer

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Oliver Guirdham (Managing Director) The Business Research Company Europe: +44 207 1930 708 Americas: +1 315 623 0293 Email: info@tbrc.info

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