Summary
Legal Services in Germany 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 Germany 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 German legal services market had total revenues of $23.1bn in 2016, representing a compound annual growth rate (CAGR) of 1.7% between 2012 and 2016.
- Market consumption volume increased with a CAGR of 0.4% between 2012 and 2016, to reach a total of 163.8 thousand legal professionals in 2016.
- The German Federal Bar Association (Bundesrechtsanwaltskammer) plays an important role in the legal services market. When UK firms wanted to be reclassified, the Bar Association prevented the move from occurring. However, the European Union is seeking further ways to increase liberalization to increase competition.
Scope
- 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
Reasons to buy
- What was the size of the Germany legal services market by value in 2016?
- What will be the size of the Germany legal services market in 2021?
- 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?
Companies Mentioned
Freshfields Bruckhaus Deringer LLP
Hengeler Mueller Partnerschaft von Rechtsanwalten GmbB
Noerr LLP
Taylor Wessing 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
Freshfields Bruckhaus Deringer LLP
Hengeler Mueller Partnerschaft von Rechtsanwalten GmbB
Noerr LLP
Taylor Wessing LLP
Macroeconomic Indicators
Country data
Methodology
Industry associations
Related MarketLine research
Appendix
About MarketLine
List of Tables
Table 1: Germany legal services market value: $ billion, 2012–16
Table 2: Germany legal services market volume: thousand legal professionals, 2012–16
Table 3: Germany legal services market geography segmentation: $ billion, 2016
Table 4: Germany legal services market value forecast: $ billion, 2016–21
Table 5: Germany legal services market volume forecast: thousand legal professionals, 2016–21
Table 6: Freshfields Bruckhaus Deringer LLP: key facts
Table 7: Hengeler Mueller Partnerschaft von Rechtsanwalten GmbB: key facts
Table 8: Noerr LLP: key facts
Table 9: Taylor Wessing LLP: key facts
Table 10: Germany size of population (million), 2012–16
Table 11: Germany gdp (constant 2005 prices, $ billion), 2012–16
Table 12: Germany gdp (current prices, $ billion), 2012–16
Table 13: Germany inflation, 2012–16
Table 14: Germany consumer price index (absolute), 2012–16
Table 15: Germany exchange rate, 2012–16
List of Figures
Figure 1: Germany legal services market value: $ billion, 2012–16
Figure 2: Germany legal services market volume: thousand legal professionals, 2012–16
Figure 3: Germany legal services market geography segmentation: % share, by value, 2016
Figure 4: Germany legal services market value forecast: $ billion, 2016–21
Figure 5: Germany legal services market volume forecast: thousand legal professionals, 2016–21
Figure 6: Forces driving competition in the legal services market in Germany, 2016
Figure 7: Drivers of buyer power in the legal services market in Germany, 2016
Figure 8: Drivers of supplier power in the legal services market in Germany, 2016
Figure 9: Factors influencing the likelihood of new entrants in the legal services market in Germany, 2016
Figure 10: Factors influencing the threat of substitutes in the legal services market in Germany, 2016
Figure 11: Drivers of degree of rivalry in the legal services market in Germany, 2016
