In 2023, the number of enterprises in the legal services sector in Germany was approximately 50 thousand. Forecasts suggest a declining trend in this sector with numbers decreasing from 47.36 thousand enterprises in 2024 to 36.58 thousand by 2028.
Year-on-year, the variations indicate a consistent decrease: a drop of roughly 5.8% from 2024 to 2025, 6.1% from 2025 to 2026, 6.4% from 2026 to 2027, and 6.8% from 2027 to 2028. The compound annual growth rate (CAGR) over the forecast period suggests an average decrease of about 6.29% per year.
Future trends to watch for include digitization within legal services, which might affect the number of smaller enterprises. Additionally, regulatory changes or market consolidation could further influence this downward trend. Monitoring advancements in legal tech and their adoption will be crucial in predicting future numbers.
