Summary
Legal Services in Europe 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 Europe legal services market. Includes market size data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.
Key Highlights
- 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 European legal services market had total revenues of $156.7bn in 2016, representing a compound annual growth rate (CAGR) of 3.1% between 2012 and 2016.
- Market consumption volume increased with a CAGR of 2% between 2012 and 2016, to reach a total of 1,168.4 thousand legal professionals in 2016.
- The European Union is examining ways in which liberalization across the professional service markets, including legal services, can be improved following the implementation of the directive on services in the Internal Market.
Scope
- Save time carrying out entry-level research by identifying the size, growth, and leading players in the legal services market in Europe
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the legal services market in Europe
- 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 Europe legal services market with five year forecasts by both value and volume
Reasons to buy
- What was the size of the Europe legal services market by value in 2016?
- What will be the size of the Europe legal services market in 2021?
- What factors are affecting the strength of competition in the Europe legal services market?
- How has the market performed over the last five years?
- How large is Europe’s legal services market in relation to its regional counterparts?
Companies Mentioned
Clifford Chance LLP
DLA Piper
Freshfields Bruckhaus Deringer LLP
Linklaters LLP
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Table of Contents
Executive Summary
Market value
Market value forecast
Market volume
Market volume forecast
Geography segmentation
Market rivalry
Market Overview
Market definition
Market analysis
Market Data
Market value
Market volume
Market Segmentation
Geography segmentation
Market Outlook
Market value forecast
Market volume forecast
Five Forces Analysis
Summary
Buyer power
Supplier power
New entrants
Threat of substitutes
Degree of rivalry
Leading Companies
Clifford Chance LLP
DLA Piper
Freshfields Bruckhaus Deringer LLP
Linklaters LLP
Methodology
Industry associations
Related MarketLine research
Appendix
About MarketLine
List of Tables
Table 1: Europe legal services market value: $ billion, 2012–16
Table 2: Europe legal services market volume: thousand legal professionals, 2012–16
Table 3: Europe legal services market geography segmentation: $ billion, 2016
Table 4: Europe legal services market value forecast: $ billion, 2016–21
Table 5: Europe legal services market volume forecast: thousand legal professionals, 2016–21
Table 6: Clifford Chance LLP: key facts
Table 7: Clifford Chance LLP: key financials ($)
Table 8: Clifford Chance LLP: key financials (£)
Table 9: Clifford Chance LLP: key financial ratios
Table 10: DLA Piper: key facts
Table 11: Freshfields Bruckhaus Deringer LLP: key facts
Table 12: Linklaters LLP: key facts
List of Figures
Figure 1: Europe legal services market value: $ billion, 2012–16
Figure 2: Europe legal services market volume: thousand legal professionals, 2012–16
Figure 3: Europe legal services market geography segmentation: % share, by value, 2016
Figure 4: Europe legal services market value forecast: $ billion, 2016–21
Figure 5: Europe legal services market volume forecast: thousand legal professionals, 2016–21
Figure 6: Forces driving competition in the legal services market in Europe, 2016
Figure 7: Drivers of buyer power in the legal services market in Europe, 2016
Figure 8: Drivers of supplier power in the legal services market in Europe, 2016
Figure 9: Factors influencing the likelihood of new entrants in the legal services market in Europe, 2016
Figure 10: Factors influencing the threat of substitutes in the legal services market in Europe, 2016
Figure 11: Drivers of degree of rivalry in the legal services market in Europe, 2016
Figure 12: Clifford Chance LLP: revenues & profitability
Figure 13: Clifford Chance LLP: assets & liabilities
