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Legal Services in Asia-Pacific

  • March 2017
  • 27 pages
  • MarketLine
Report ID: 3958302

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Legal Services in Asia-Pacific

Summary
Legal Services in Asia-Pacific industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2012-16, and forecast to 2021). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Synopsis
Essential resource for top-line data and analysis covering the Asia-Pacific legal services market. Includes market size data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.
Key Findings
- 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 Asia-Pacific legal services market had total revenues of $83.7bn in 2016, representing a compound annual growth rate (CAGR) of 3.9% between 2012 and 2016.
- Market consumption volume increased with a CAGR of 5.1% between 2012 and 2016, to reach a total of 2,326.6 thousand legal professionals in 2016.
- Growth in Asia-Pacific has been driven the Chinese market. Liberalization of the legal services market has been ongoing since the Shanghai Free Trade Zone was created, eroding the ban on foreign firms from entering the market.

Scope
- Save time carrying out entry-level research by identifying the size, growth, and leading players in the legal services market in Asia-Pacific
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the legal services market in Asia-Pacific
- 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 Asia-Pacific legal services market with five year forecasts by both value and volume

Reasons to buy
- What was the size of the Asia-Pacific legal services market by value in 2016?
- What will be the size of the Asia-Pacific legal services market in 2021?
- What factors are affecting the strength of competition in the Asia-Pacific legal services market?
- How has the market performed over the last five years?
- How large is Asia-Pacific’s legal services market in relation to its regional counterparts?

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