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Legal Services in Germany, Datamonitor Published on August 2011
Report Summary Introduction Legal Services in Germany 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 Germany 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 German legal services market had total revenue of $35.5 billion in 2009, representing a compound annual growth rate (CAGR) of 4.4% for the period spanning 2005-2009. *The number of qualified legal professionals in Germany increased with a CAGR of 2.9% between 2005 and 2009, to reach a total of 148,500 in 2009. *The performance of the market is forecast to accelerate, with an anticipated CAGR of 4.9% for the five-year period 2009-2014, which is expected to drive the market to a value of $45 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 Germany Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the legal services market in Germany 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 Germany legal services market with five year forecasts by both value and volume Macroeconomic indicators provide insight into general trends within the Germany economy
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>> Get this Report Now by email! Key Questions Answered What was the size of the Germany legal services market by value in 2009' What will be the size of the Germany legal services market in 2014' What factors are affecting the strength of competition in the Germany legal services market' How has the market performed over the last five years' How large is Germany'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 Hengeler Mueller 19 Taylor Wessing 20 Clifford Chance LLP 21 Freshfields Bruckhaus Deringer 22 MARKET FORECASTS 24 Market value forecast 24 Market volume forecast 25 MACROECONOMIC INDICATORS 26 APPENDIX 28 Methodology 28 Industry associations 29 Related Datamonitor research 29 Disclaimer 30 ABOUT DATAMONITOR 31 Premium Reports 31
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>> Get this Report Now by email! Summary Reports 31 Datamonitor consulting 31 LIST OF TABLES Table 1: Germany legal services market value: $ million, 2005'09 10 Table 2: Germany legal services market volume: thousand legal professionals, 2005'09 11 Table 3: Germany legal services market segmentation: % share, by value, 2009 12 Table 4: Hengeler Mueller: key facts 19 Table 5: Taylor Wessing: key facts 20 Table 6: Clifford Chance LLP: key facts 21 Table 7: Freshfields Bruckhaus Deringer: key facts 22 Table 8: Germany legal services market value forecast: $ million, 2009'14 24 Table 9: Germany legal services market volume forecast: thousand legal professionals, 2009'14 25 Table 10: Germany size of population (million), 2005'09 26 Table 11: Germany gdp (constant 2000 prices, $ billion), 2005'09 26 Table 12: Germany gdp (current prices, $ billion), 2005'09 26 Table 13: Germany inflation, 2005'09 27 Table 14: Germany consumer price index (absolute), 2005'09 27 Table 15: Germany exchange rate, 2005'09 27 LIST OF FIGURES Figure 1: Germany legal services market value: $ million, 2005'09 10 Figure 2: Germany legal services market volume: thousand legal professionals, 2005'09 11 Figure 3: Germany legal services market segmentation: % share, by value, 2009 12 Figure 4: Forces driving competition in the legal services market in Germany, 2009 13 Figure 5: Drivers of buyer power in the legal services market in Germany, 2009 14 Figure 6: Drivers of supplier power in the legal services market in Germany, 2009 15 Figure 7: Factors influencing the likelihood of new entrants in the legal services market in Germany, 2009 16 Figure 8: Factors influencing the threat of substitutes in the legal services market in Germany, 2009 17 Figure 9: Drivers of degree of rivalry in the legal services market in Germany, 2009 18 Figure 10: Germany legal services market value forecast: $ million, 2009'14 24 Figure 11: Germany legal services market volume forecast: thousand legal professionals, 2009'14 25
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