In 2024, wages and salaries of legal services in Europe feature stark contrasts across countries. The United Kingdom leads, with €11.01 billion, followed by Germany (€7.42 billion), and France (€6.92 billion). Conversely, smaller economies such as Romania, Macedonia, and Serbia display significantly lower values.
When analyzing year-on-year variations over the last two years, there are notable increases in Greece (7.82%), Estonia (9.59%), and Romania (30.01%). In contrast, Italy (-0.74%) and Iceland (-6.95%) experienced declines. The average annual variation over the last five years (CAGR) provides a broader view of these trends.
Moving forward, factors to watch include technological advancements, regulatory changes, and economic stability, all of which could significantly impact wage and salary growth in the legal sector across Europe. These trends suggest potential areas for further investment and strategic planning within the sector.
Top countries in Wages and Salaries of Legal Services by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 11,010 | 2023 | +0.48% | +0.53% | View data |
| 2 | 2 Germany | 7,420 | 2023 | +3.24% | +4% | View data |
| 3 | 3 France | 6,920 | 2023 | +2.94% | +3.11% | View data |
| 4 | 4 Netherlands | 2,390 | 2023 | +1.73% | +2.4% | View data |
| 5 | 5 Spain | 2,310 | 2023 | -0.061% | +0.98% | View data |
| 6 | 6 Switzerland | 1,540 | 2023 | +2.51% | +5.16% | View data |
| 7 | 7 Denmark | 1,290 | 2023 | +2.92% | +4.25% | View data |
| 8 | 8 Italy | 978 | 2023 | +1.9% | -0.74% | View data |
| 9 | 9 Sweden | 769.4 | 2023 | +0.9% | +1.62% | View data |
| 10 | 10 Belgium | 732.1 | 2023 | +1.53% | +2.11% | View data |