Global Legal Services

Introduction

Global Legal Services industry profile provides top-line qualitative and quantitative summary information including: market size (value 2007-11, and forecast to 2016). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market. Essential resource for top-line data and analysis covering the Global legal services market. Includes market size data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.

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 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 2011 exchange rates.

*The global legal services market had total revenues of $623.3 billion in 2011, representing a compound annual growth rate (CAGR) of 2.3% between 2007 and 2011.

*Total number of legal professionals increased with a CAGR of 1.3% between 27-211, to reach a total of 3.8 million in 211.

*The performance of the market is forecast to accelerate, with an anticipated CAGR of 5.5% for the five-year period 2011 - 2016, which is expected to drive the market to a value of $814 billion by the end of 2016.

Features

Save time carrying out entry-level research by identifying the size, growth, and leading players in the legal services market in the global

Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the globallegal 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



Key Questions Answered

What was the size of the Global legal services market by value in 2011?

What will be the size of the Global legal services market in 2016?

What factors are affecting the strength of competition in the Global legal services market?

How has the market performed over the last five years?

Global Legal Services Industry

TABLE OF CONTENTS
Executive Summary 2
Market value 2
Market value forecast 2
Market volume 2
Market volume forecast 2
Geography segmentation 2
Market rivalry 2
Market Overview 7
Market definition 7
Market analysis 7
Market Data 8
Market value 8
Market volume 9
Market Segmentation 10
Geography segmentation 10
Market Outlook 11
Market value forecast 11
Market volume forecast 12
Five Forces Analysis 13
Summary 13
Buyer power 14
Supplier power 15
New entrants 16
Threat of substitutes 17
Degree of rivalry 18
Leading Companies 19
Baker & McKenzie 19
Dacheng Law Offices 22
Latham & Watkins LLP 23
Skadden, Arps, Slate, Meagher & Flom 25
Appendix 26
Methodology 26
Industry associations 27
Related MarketLine research 27

LIST OF TABLES
Table 1: Global legal services market value: $ billion, 2007–11 8
Table 2: Global legal services market volume: thousand units, 2007–11 9
Table 3: Global legal services market geography segmentation: $ billion, 2011 10
Table 4: Global legal services market value forecast: $ billion, 2011–16 11
Table 5: Global legal services market volume forecast: thousand units, 2011–16 12
Table 6: Baker & McKenzie: key facts 19
Table 7: Dacheng Law Offices: key facts 22
Table 8: Latham & Watkins LLP: key facts 23
Table 9: Skadden, Arps, Slate, Meagher & Flom: key facts 25

LIST OF FIGURES
Figure 1: Global legal services market value: $ billion, 2007–11 8
Figure 2: Global legal services market volume: thousand units, 2007–11 9
Figure 3: Global legal services market geography segmentation: % share, by value, 2011 10
Figure 4: Global legal services market value forecast: $ billion, 2011–16 11
Figure 5: Global legal services market volume forecast: thousand units, 2011–16 12
Figure 6: Forces driving competition in the global legal services market, 2011 13
Figure 7: Drivers of buyer power in the global legal services market, 2011 14
Figure 8: Drivers of supplier power in the global legal services market, 2011 15
Figure 9: Factors influencing the likelihood of new entrants in the global legal services market, 2011 16
Figure 10: Factors influencing the threat of substitutes in the global legal services market, 2011 17
Figure 11: Drivers of degree of rivalry in the global legal services market, 2011 18

Legal Services in World

Cuba Total Workforce Available, `000

• $ 250
• Industry data
• February 2013

Yearly, From 1990 To 2020
By Business Monitor International
Source: World Bank/BMI calculation/BMI

• Industries : Legal Services
• Countries : Cuba, World

Turkey Total Workforce Available, `000

• $ 250
• Industry data
• February 2013

Yearly, From 1990 To 2020
By Business Monitor International
Source: World Bank/UN/BMI

• Industries : Legal Services
• Countries : World

Cote D`ivoire Total Workforce Available, `000

• $ 250
• Industry data
• February 2013

Yearly, From 1990 To 2020
By Business Monitor International
Source: World Bank/UN/BMI

• Industries : Legal Services
• Countries : World

Peru Total Workforce Available, `000

• $ 250
• Industry data
• February 2013

Yearly, From 1990 To 2020
By Business Monitor International
Source: World Bank/UN/BMI

• Industries : Legal Services
• Countries : Peru, World

Mali Total Workforce Available, `000

• $ 250
• Industry data
• February 2013

Yearly, From 1990 To 2020
By Business Monitor International
Source: World Bank/UN/BMI

• Industries : Legal Services
• Countries : Mali, World