Legal Services in the United Kingdom

Legal Services in the United Kingdom

Code: ML-OHME6133 | Published: Jun-2016 | 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 2011-15, and forecast to 2020). 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.


Synopsis
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 2015?

What will be the size of the United Kingdom legal services market in 2020?

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?

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 UK legal services market had total revenues of $49.5bn in 2015, representing a compound annual growth rate (CAGR) of 5.6% between 2011 and 2015.

- The number of legal professionals increased with a CAGR of 2.3% between 2011-2015, to reach a total of 189.9 thousand legal professionals in 2015.

- In the UK, solicitors, who deal directly with clients, and barristers, who historically were the only lawyers able to appear before a court, are self-regulated by professional bodies such as the Law Society and Bar Council.

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
Allen & Overy LLP
Clifford Chance LLP
DLA Piper
Linklaters LLP
Macroeconomic Indicators
Country data
Methodology
Industry associations
Related MarketLine research
Appendix
About MarketLine

List of Tables


Table 1: United Kingdom legal services market value: $ billion, 2011-15
Table 2: United Kingdom legal services market volume: million legal professionals, 2011-15
Table 3: United Kingdom legal services market geography segmentation: $ billion, 2015
Table 4: United Kingdom legal services market value forecast: $ billion, 2015-20
Table 5: United Kingdom legal services market volume forecast: million legal professionals, 2015-20
Table 6: Allen & Overy LLP: key facts
Table 7: Allen & Overy LLP: key financials ($)
Table 8: Allen & Overy LLP: key financials (Pound)
Table 9: Allen & Overy LLP: key financial ratios
Table 10: Clifford Chance LLP: key facts
Table 11: Clifford Chance LLP: key financials ($)
Table 12: Clifford Chance LLP: key financials (Pound)
Table 13: Clifford Chance LLP: key financial ratios
Table 14: DLA Piper: key facts
Table 15: Linklaters LLP: key facts
Table 16: United Kingdom size of population (million), 2011-15
Table 17: United Kingdom gdp (constant 2005 prices, $ billion), 2011-15
Table 18: United Kingdom gdp (current prices, $ billion), 2011-15
Table 19: United Kingdom inflation, 2011-15
Table 20: United Kingdom consumer price index (absolute), 2011-15
Table 21: United Kingdom exchange rate, 2011-15

List of Figures


Figure 1: United Kingdom legal services market value: $ billion, 2011-15
Figure 2: United Kingdom legal services market volume: million legal professionals, 2011-15
Figure 3: United Kingdom legal services market geography segmentation: % share, by value, 2015
Figure 4: United Kingdom legal services market value forecast: $ billion, 2015-20
Figure 5: United Kingdom legal services market volume forecast: million legal professionals, 2015-20
Figure 6: Forces driving competition in the legal services market in the United Kingdom, 2015
Figure 7: Drivers of buyer power in the legal services market in the United Kingdom, 2015
Figure 8: Drivers of supplier power in the legal services market in the United Kingdom, 2015
Figure 9: Factors influencing the likelihood of new entrants in the legal services market in the United Kingdom, 2015
Figure 10: Factors influencing the threat of substitutes in the legal services market in the United Kingdom, 2015
Figure 11: Drivers of degree of rivalry in the legal services market in the United Kingdom, 2015
Figure 12: Allen & Overy LLP: revenues & profitability
Figure 13: Allen & Overy LLP: assets & liabilities
Figure 14: Clifford Chance LLP: revenues & profitability
Figure 15: Clifford Chance LLP: assets & liabilities

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