The number of persons employed in legal services in Germany has seen notable fluctuations over the past decade. In 2023, the employment stood at 318,090 employees. There have been periods of both growth and decline, with significant drop of 14.65% in 2020. However, a clear recovery is observed with a positive year-on-year variation since 2021, including a 4.88% rise in 2023. The CAGR over the last five years stands at 0.74%, indicating steady yet modest growth. The forecast predicts further growth, with employment expected to reach 345,520 by 2028, reflecting an average annual growth rate of 1.31% over the next five years.
Future trends to watch for include potential impacts of digital transformation and regulatory changes within the legal sector, which could influence employment dynamics either by creating new job opportunities or by increasing efficiency and thus reducing the need for some roles.