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Legal Services Market Growth by Top Key Players - DLA Piper, Linklaters LLP, Osler, Dentons, Baker McKenzie, Jones Day, Kirkland & Ellis LLP

TheBusinessResearchCompany.com offers "Legal Services Market By Types (B2B Legal Services, B2C Legal Services, Criminal Law Practices And Hybrid Commercial Legal Services), By Size, By Practice, By Key Players And By End Users - Global Forecast To 2023" from its research store.

 

London, UK -- (SBWIRE) -- 01/20/2020 -- The legal services market consists of sales of law-related services and related goods by entities (organizations, sole traders and partnerships) that advise clients (individuals, businesses or other entities) about their legal rights and responsibilities, and represent clients in civil or criminal cases, business transactions and other matters, in which legal advice and other assistance are sought. Legal services undertake processes where human capital is the major input.

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Legal Services Market Segmentation:-

By Type Of Law Firm- The legal services market can be segmented by type of law firm into
1.B2B Legal Services
2.B2C Legal Services
3.Hybrid Legal Services
4.Criminal Law Practices

The Global B2B legal service market was the largest segment of the legal service market accounting for 54.5% of the total in 2019. Going forward, the fastest-growing segments in the legal service market will be hybrid legal services, where growth will be at CAGR of 10.1%.

By Size Of Law Firm The legal services market can be segmented by size of law firm into
1.Large Law Firms
2.SME Law Firms

The Global large law firms market was the largest segment of the legal service market accounting for 62.2% of the total in 2019. Going forward, the fastest-growing segment in the legal service market will also be large law firms, where growth will be at CAGR of 7.7%.

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By End Users The legal services market can be segmented by end users into
1.Individuals
2.Financial Services
3.Mining And Oil & Gas
4.Manufacturing
5.Construction
6.IT Services
7.Other Services
8.Others

The individual users were the largest end-user market of the global legal services market accounting for 43.4% of the total in 2019. Going forward, the fastest-growing segment in the end user market of global legal service market will be mining and oil & gas, where growth will be at CAGR of 15.6%.

By Type Of Practice The legal services market can be segmented by type of practice into
1.Litigation
2.Corporate
3.Labor/Employment
4.Real Estate
5.Patent Litigation
6.Tax
7.Bankruptcy
8.Others (Regulatory, M&A, Antitrust, Environmental)

The litigation practice was the largest segment in the global legal services market accounting for 31% of the total in 2019.

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