Legal Services in the United Kingdom

Legal Services in the United Kingdom

Code: ML-OHME2551 | Published: Jun-2015 | Pages: 32 | MarketLine
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Legal Services in the United Kingdom industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2010-14, and forecast to 2019). 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 United Kingdom legal services market. Includes market size data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.

- 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 UK legal services market had total revenues of $49.6bn in 2014, representing a compound annual growth rate (CAGR) of 4.2% between 2010 and 2014.

- The UK legal services market had total revenues of $49.6bn in 2014, representing a compound annual growth rate (CAGR) of 4.2% between 2010 and 2014.

- The performance of the market is forecast to follow a similar pattern with an anticipated CAGR of 4.3% for the five-year period 2014 - 2019, which is expected to drive the market to a value of $61.3bn by the end of 2019.

Key Findings
Save time carrying out entry-level research by identifying the size, growth, and leading players in the legal services market in the United Kingdom

Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the legal services market in the United Kingdom

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 United Kingdom legal services market with five year forecasts by both value and volume

Macroeconomic indicators provide insight into general trends within the United Kingdom economy

Reasons To Buy
What was the size of the United Kingdom legal services market by value in 2014?

What will be the size of the United Kingdom legal services market in 2019?

What factors are affecting the strength of competition in the United Kingdom legal services market?

How has the market performed over the last five years?

How large is the United Kingdoms legal services market in relation to its regional counterparts?

Table of Contents

TABLE OF CONTENTS
Executive Summary 2
Market value 2
Market value forecast 2
Market volume 2
Market volume forecast 2
Geography segmentation 2
Market rivalry 2
Market Overview 7
Market definition 7
Market analysis 7
Market Data 8
Market value 8
Market volume 9
Market Segmentation 10
Geography segmentation 10
Market Outlook 11
Market value forecast 11
Market volume forecast 12
Five Forces Analysis 13
Summary 13
Buyer power 14
Supplier power 15
New entrants 16
Threat of substitutes 17
Degree of rivalry 18
Leading Companies 19
Allen and Overy LLP 19
Clifford Chance LLP 22
DLA Piper 25
Linklaters LLP 26
Macroeconomic Indicators 27
Country Data 27
Methodology 29
Industry associations 30
Related MarketLine research 30
Appendix 31
About MarketLine 31

LIST OF TABLES
Table 1: United Kingdom legal services market value: $ billion, 2010-14 8
Table 2: United Kingdom legal services market volume: thousand legal professionals, 2010-14 9
Table 3: United Kingdom legal services market geography segmentation: $ billion, 2014 10
Table 4: United Kingdom legal services market value forecast: $ billion, 2014-19 11
Table 5: United Kingdom legal services market volume forecast: thousand legal professionals, 2014-19 12
Table 6: Allen and Overy LLP: key facts 19
Table 7: Allen and Overy LLP: key financials ($) 19
Table 8: Allen and Overy LLP: key financials (Pound) 20
Table 9: Allen and Overy LLP: key financial ratios 20
Table 10: Clifford Chance LLP: key facts 22
Table 11: Clifford Chance LLP: key financials ($) 22
Table 12: Clifford Chance LLP: key financials (Pound) 23
Table 13: Clifford Chance LLP: key financial ratios 23
Table 14: DLA Piper: key facts 25
Table 15: Linklaters LLP: key facts 26
Table 16: United Kingdom size of population (million), 2010-14 27
Table 17: United Kingdom gdp (constant 2005 prices, $ billion), 2010-14 27
Table 18: United Kingdom gdp (current prices, $ billion), 2010-14 27
Table 19: United Kingdom inflation, 2010-14 28
Table 20: United Kingdom consumer price index (absolute), 2010-14 28
Table 21: United Kingdom exchange rate, 2010-14 28

LIST OF FIGURES
Figure 1: United Kingdom legal services market value: $ billion, 2010-14 8
Figure 2: United Kingdom legal services market volume: thousand legal professionals, 2010-14 9
Figure 3: United Kingdom legal services market geography segmentation: % share, by value, 2014 10
Figure 4: United Kingdom legal services market value forecast: $ billion, 2014-19 11
Figure 5: United Kingdom legal services market volume forecast: thousand legal professionals, 2014-19 12
Figure 6: Forces driving competition in the legal services market in the United Kingdom, 2014 13
Figure 7: Drivers of buyer power in the legal services market in the United Kingdom, 2014 14
Figure 8: Drivers of supplier power in the legal services market in the United Kingdom, 2014 15
Figure 9: Factors influencing the likelihood of new entrants in the legal services market in the United Kingdom, 2014 16
Figure 10: Factors influencing the threat of substitutes in the legal services market in the United Kingdom, 2014 17
Figure 11: Drivers of degree of rivalry in the legal services market in the United Kingdom, 2014 18
Figure 12: Allen and Overy LLP: revenues and profitability 20
Figure 13: Allen and Overy LLP: assets and liabilities 21
Figure 14: Clifford Chance LLP: revenues and profitability 23
Figure 15: Clifford Chance LLP: assets and liabilities 24
Allen and Overy LLP
Clifford Chance LLP
DLA Piper
Linklaters LLP

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