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Global Legal Services Published on August 2011
Report Summary Introduction Global Legal Services industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2005-09, and forecast to 2014). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market. Essential resource for top-line data and analysis covering the Global legal services market. Includes market size data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information. Highlights *The legal services market includes practioners of law operating in every sector of the legal spectrum. These include commercial, criminal, legal aid, insolvency, labor/industrial, family and taxation law. The market's value is calculated as the total revenues received by law companies for services rendered. These values include all applicable taxes. Market volumes in this report refer to the total number of legal professionals. *The global legal services market had total revenue of $560.4 billion in 2009, representing a compound annual growth rate (CAGR) of 4.3% for the period spanning 2005-2009. *The number of qualified legal professionals across the world increased with a CAGR of 1.8% between 2005 and 2009, to reach a total of 2,737,100 in 2009. It should be noted however, that the number actually declined in 2009. *The performance of the market is forecast to accelerate, with an anticipated CAGR of 5.9% for the five-year period 2009-2014, which is expected to drive the market to a value of $747.3 billion by the end of 2014. Features Save time carrying out entry-level research by identifying the size, growth, and leading players in the legal services market in Global Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the globallegal services market 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 Global legal services market with five year forecasts by both value and volume
Key Questions Answered
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>> Get this Report Now by email! What was the size of the Global legal services market by value in 2009' What will be the size of the Global legal services market in 2014' What factors are affecting the strength of competition in the Global legal services market' How has the market performed over the last five years' How large is Global's legal services market in relation to its regional counterparts'
Table of Content TABLE OF CONTENTS EXECUTIVE SUMMARY 2 MARKET OVERVIEW 7 Market definition 7 Research highlights 8 Market analysis 9 MARKET VALUE 10 MARKET VOLUME 11 MARKET SEGMENTATION 12 FIVE FORCES ANALYSIS 13 Summary 13 Buyer power 14 Supplier power 15 New entrants 16 Substitutes 17 Rivalry 18 LEADING COMPANIES 19 Linklaters LLP 19 Clifford Chance LLP 21 Freshfields Bruckhaus Deringer 22 MARKET FORECASTS 24 Market value forecast 24 Market volume forecast 25 APPENDIX 26 Methodology 26 Industry associations 27 Related Datamonitor research 27 Disclaimer 28 ABOUT DATAMONITOR 29 Premium Reports 29 Summary Reports 29 Datamonitor consulting 29 LIST OF TABLES
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>> Get this Report Now by email! Table 1: Global legal services market value: $ million, 2005'09 10 Table 2: Global legal services market volume: thousand legal professionals, 2005'09 11 Table 3: Global legal services market segmentation: % share, by value, 2009 12 Table 4: Linklaters LLP: key facts 19 Table 5: Clifford Chance LLP: key facts 21 Table 6: Freshfields Bruckhaus Deringer: key facts 22 Table 7: Global legal services market value forecast: $ million, 2009'14 24 Table 8: Global legal services market volume forecast: thousand legal professionals, 2009'14 25 LIST OF FIGURES Figure 1: Global legal services market value: $ million, 2005'09 10 Figure 2: Global legal services market volume: thousand legal professionals, 2005'09 11 Figure 3: Global legal services market segmentation: % share, by value, 2009 12 Figure 4: Forces driving competition in the global legal services market, 2009 13 Figure 5: Drivers of buyer power in the global legal services market, 2009 14 Figure 6: Drivers of supplier power in the global legal services market, 2009 15 Figure 7: Factors influencing the likelihood of new entrants in the global legal services market, 2009 16 Figure 8: Factors influencing the threat of substitutes in the global legal services market, 2009 17 Figure 9: Drivers of degree of rivalry in the global legal services market, 2009 18 Figure 10: Global legal services market value forecast: $ million, 2009'14 24 Figure 11: Global legal services market volume forecast: thousand legal professionals, 2009'14 25
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