Legal Services in the United Kingdom
Published: November 2012 · Publisher: MarketLine
Legal Services in the United Kingdom industry profile provides top-line qualitative and quantitative summary information including: market size (value 2007-11, and forecast to 2016).
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Introduction
Legal Services in the United Kingdom industry profile provides top-line qualitative and quantitative summary information including: market size (value 2007-11, and forecast to 2016). 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.
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 market's value is calculated as the total revenues received by law companies for services rendered. These values include all applicable taxes. Market volumes in this report refer to the total number of legal professionals. All currency conversions are calculated at constant average annual 2011 exchange rates.
*The UK legal services market had total revenues of $41.1 billion in 2011, representing a compound annual rate of change (CARC) of -0.4% between 2007 and 2011.
*Total number of legal professionals increased with a CAGR of 2.1% between 27-211, to reach a total of 17.3 thousands in 211.
*The performance of the market is forecast to accelerate, with an anticipated CAGR of 1.1% for the five-year period 2011 - 2016, which is expected to drive the market to a value of $43.4 billion by the end of 2016.
Features
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
Macroeconomic indicators provide insight into general trends within the United Kingdom economy
Key Questions Answered
What was the size of the United Kingdom legal services market by value in 2011?
What will be the size of the United Kingdom legal services market in 2016?
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?
Legal Services in the United Kingdom industry profile provides top-line qualitative and quantitative summary information including: market size (value 2007-11, and forecast to 2016). 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.
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 market's value is calculated as the total revenues received by law companies for services rendered. These values include all applicable taxes. Market volumes in this report refer to the total number of legal professionals. All currency conversions are calculated at constant average annual 2011 exchange rates.
*The UK legal services market had total revenues of $41.1 billion in 2011, representing a compound annual rate of change (CARC) of -0.4% between 2007 and 2011.
*Total number of legal professionals increased with a CAGR of 2.1% between 27-211, to reach a total of 17.3 thousands in 211.
*The performance of the market is forecast to accelerate, with an anticipated CAGR of 1.1% for the five-year period 2011 - 2016, which is expected to drive the market to a value of $43.4 billion by the end of 2016.
Features
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
Macroeconomic indicators provide insight into general trends within the United Kingdom economy
Key Questions Answered
What was the size of the United Kingdom legal services market by value in 2011?
What will be the size of the United Kingdom legal services market in 2016?
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?
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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 & Overy 19
Clifford Chance LLP 22
Freshfields Bruckhaus Deringer LLP 25
Linklaters LLP 27
Macroeconomic Indicators 28
Country Data 28
Appendix 30
Methodology 30
Industry associations 31
Related research 31
LIST OF TABLES
Table 1: United Kingdom legal services market value: $ billion, 2007–11 8
Table 2: United Kingdom legal services market volume: thousand units, 2007–11 9
Table 3: United Kingdom legal services market geography segmentation: $ billion, 2011 10
Table 4: United Kingdom legal services market value forecast: $ billion, 2011–16 11
Table 5: United Kingdom legal services market volume forecast: thousand units, 2011–16 12
Table 6: Allen & Overy: key facts 19
Table 7: Allen & Overy: key financials ($) 19
Table 8: Allen & Overy: key financials (L) 20
Table 9: Allen & Overy: key financial ratios 20
Table 10: Clifford Chance LLP: key facts 22
Table 11: Clifford Chance LLP: key financials ($) 22
Table 12: Clifford Chance LLP: key financials (L) 23
Table 13: Clifford Chance LLP: key financial ratios 23
Table 14: Freshfields Bruckhaus Deringer LLP: key facts 25
Table 15: Linklaters LLP: key facts 27
Table 16: United Kingdom size of population (million), 2007–11 28
Table 17: United Kingdom gdp (constant 2000 prices, $ billion), 2007–11 28
Table 18: United Kingdom gdp (current prices, $ billion), 2007–11 28
Table 19: United Kingdom inflation, 2007–11 29
Table 20: United Kingdom consumer price index (absolute), 2007–11 29
Table 21: United Kingdom exchange rate, 2007–11 29
LIST OF FIGURES
Figure 1: United Kingdom legal services market value: $ billion, 2007–11 8
Figure 2: United Kingdom legal services market volume: thousand units, 2007–11 9
Figure 3: United Kingdom legal services market geography segmentation: % share, by value, 2011 10
Figure 4: United Kingdom legal services market value forecast: $ billion, 2011–16 11
Figure 5: United Kingdom legal services market volume forecast: thousand units, 2011–16 12
Figure 6: Forces driving competition in the legal services market in the United Kingdom, 2011 13
Figure 7: Drivers of buyer power in the legal services market in the United Kingdom, 2011 14
Figure 8: Drivers of supplier power in the legal services market in the United Kingdom, 2011 15
Figure 9: Factors influencing the likelihood of new entrants in the legal services market in the United Kingdom, 2011 16
Figure 10: Factors influencing the threat of substitutes in the legal services market in the United Kingdom, 2011 17
Figure 11: Drivers of degree of rivalry in the legal services market in the United Kingdom, 2011 18
Figure 12: Allen & Overy: revenues & profitability 20
Figure 13: Allen & Overy: assets & liabilities 21
Figure 14: Clifford Chance LLP: revenues & profitability 23
Figure 15: Clifford Chance LLP: assets & liabilities 24
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 & Overy 19
Clifford Chance LLP 22
Freshfields Bruckhaus Deringer LLP 25
Linklaters LLP 27
Macroeconomic Indicators 28
Country Data 28
Appendix 30
Methodology 30
Industry associations 31
Related research 31
LIST OF TABLES
Table 1: United Kingdom legal services market value: $ billion, 2007–11 8
Table 2: United Kingdom legal services market volume: thousand units, 2007–11 9
Table 3: United Kingdom legal services market geography segmentation: $ billion, 2011 10
Table 4: United Kingdom legal services market value forecast: $ billion, 2011–16 11
Table 5: United Kingdom legal services market volume forecast: thousand units, 2011–16 12
Table 6: Allen & Overy: key facts 19
Table 7: Allen & Overy: key financials ($) 19
Table 8: Allen & Overy: key financials (L) 20
Table 9: Allen & Overy: key financial ratios 20
Table 10: Clifford Chance LLP: key facts 22
Table 11: Clifford Chance LLP: key financials ($) 22
Table 12: Clifford Chance LLP: key financials (L) 23
Table 13: Clifford Chance LLP: key financial ratios 23
Table 14: Freshfields Bruckhaus Deringer LLP: key facts 25
Table 15: Linklaters LLP: key facts 27
Table 16: United Kingdom size of population (million), 2007–11 28
Table 17: United Kingdom gdp (constant 2000 prices, $ billion), 2007–11 28
Table 18: United Kingdom gdp (current prices, $ billion), 2007–11 28
Table 19: United Kingdom inflation, 2007–11 29
Table 20: United Kingdom consumer price index (absolute), 2007–11 29
Table 21: United Kingdom exchange rate, 2007–11 29
LIST OF FIGURES
Figure 1: United Kingdom legal services market value: $ billion, 2007–11 8
Figure 2: United Kingdom legal services market volume: thousand units, 2007–11 9
Figure 3: United Kingdom legal services market geography segmentation: % share, by value, 2011 10
Figure 4: United Kingdom legal services market value forecast: $ billion, 2011–16 11
Figure 5: United Kingdom legal services market volume forecast: thousand units, 2011–16 12
Figure 6: Forces driving competition in the legal services market in the United Kingdom, 2011 13
Figure 7: Drivers of buyer power in the legal services market in the United Kingdom, 2011 14
Figure 8: Drivers of supplier power in the legal services market in the United Kingdom, 2011 15
Figure 9: Factors influencing the likelihood of new entrants in the legal services market in the United Kingdom, 2011 16
Figure 10: Factors influencing the threat of substitutes in the legal services market in the United Kingdom, 2011 17
Figure 11: Drivers of degree of rivalry in the legal services market in the United Kingdom, 2011 18
Figure 12: Allen & Overy: revenues & profitability 20
Figure 13: Allen & Overy: assets & liabilities 21
Figure 14: Clifford Chance LLP: revenues & profitability 23
Figure 15: Clifford Chance LLP: assets & liabilities 24
Copyright © FriedlNet. You may share using our tools Please don't cut content from FriedlNet and redistribute by email or post to the web.