Legal Services Market Latest Trends and Opportunities Analysis Report Forecast To 2023

LEGAL SERVICES GLOBAL MARKET REPORT 2021: COVID-19 IMPACT AND RECOVERY TO 2031

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LEGAL SERVICES MARKET CHARACTERISTICS: • The global legal services market is expected to decline from $734.1 billion in 2019 to $728.5 billion in 2020 at a compound annual growth rate (CAGR) of -0.8%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 5% from 2021 and reach $845.7 billion in 2023.

• The report covers the legal services market’s segments1) By Type: B2B Legal Services, B2C Legal Services, Hybrid Legal Services, Criminal Law Practices.

2) By Size: Large Law Firms, SME Law Firms.

3) By End-Users: Individuals, Financial Services, Mining And Oil & Gas, Manufacturing, Construction, IT Services, Others.

4) By Type Of Practice: Litigation, Corporate, Labor/Employment, Real Estate, Patent Litigation, Tax, Bankruptcy, Others (Regulatory, M&A, Antitrust, Environmental).

5) By Mode: Online, Offline.

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MAJOR KEY PLAYERS Major companies in the market include Latham & Watkins, Kirkland & Ellis LLP, Baker & McKenzie, Skadden, Arps, Slate, Meagher & Flom, DLA Piper

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REASONS TO PURCHASE • Gain a truly global perspective with the most comprehensive market research report available on this market covering 60+ geographies.

• Understand how the market is being affected by the COVID-19 and how it is likely to emerge and grow as the impact of the coronavirus abates.

• Create regional and country strategies on the basis of local data and analysis.

• Identify growth segments for investment.

• Outperform competitors using market forecast data and the market drivers and trends shaping the global market.

• Understand customers based on the latest market research findings.

• Benchmark performance against key competitors of the market.

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