Legal Services in Europe

Introduction

Legal Services in Europe industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2006-10, and forecast to 2015). 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 Europe 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 2010 exchange rates.

*The European legal services market had total revenues of $150.8 billion in 2010, representing a compound annual growth rate (CAGR) of 2.4% between 2006 and 2010.

*The number of legal professionals increased with a CAGR of 2.4% between 2006 and 2010, to reach a total of 1,030,162 in 2010.

*The performance of the market is forecast to accelerate, with an anticipated CAGR of 4.7% for the five-year period 2010 - 2015, which is expected to drive the market to a value of $189.6 billion by the end of 2015.

Features

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

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

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

Macroeconomic indicators provide insight into general trends within the Europe economy

Key Questions Answered

What was the size of the Europe legal services market by value in 2010?

What will be the size of the Europe legal services market in 2015?

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

How has the market performed over the last five years?

How large is Europe’s legal services market in relation to its regional counterparts?
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TABLE OF CONTENTS
EXECUTIVE SUMMARY 2
MARKET OVERVIEW 7
Market definition 7
Research highlights 8
Market analysis 9
MARKET VALUE 10
MARKET VOLUME 11
MARKET SEGMENTATION 12
FIVE FORCES ANALYSIS 13
Summary 13
Buyer power 14
Supplier power 15
New entrants 16
Substitutes 17
Rivalry 18
LEADING COMPANIES 19
Clifford Chance LLP 19
Freshfields Bruckhaus Deringer LLP 20
J&A Garrigues, S.L.P. 22
Linklaters LLP 23
MARKET FORECASTS 25
Market value forecast 25
Market volume forecast 26
APPENDIX 27
Methodology 27
Industry associations 28
Related Datamonitor research 28
Disclaimer 29
ABOUT DATAMONITOR 30
Premium Reports 30
Summary Reports 30
Datamonitor consulting 30

LIST OF TABLES
Table 1: Europe legal services market value: $ billion, 2006–10 10
Table 2: Europe legal services market volume: thousand units, 2006–10 11
Table 3: Europe legal services market segmentation: % share, by value, 2010 12
Table 4: Clifford Chance LLP: key facts 19
Table 5: Freshfields Bruckhaus Deringer LLP: key facts 20
Table 6: J&A Garrigues, S.L.P.: key facts 22
Table 7: Linklaters LLP: key facts 23
Table 8: Europe legal services market value forecast: $ billion, 2010–15 25
Table 9: Europe legal services market volume forecast: thousand units, 2010–15 26

LIST OF FIGURES
Figure 1: Europe legal services market value: $ billion, 2006–10 10
Figure 2: Europe legal services market volume: thousand units, 2006–10 11
Figure 3: Europe legal services market segmentation: % share, by value, 2010 12
Figure 4: Forces driving competition in the legal services market in Europe, 2010 13
Figure 5: Drivers of buyer power in the legal services market in Europe, 2010 14
Figure 6: Drivers of supplier power in the legal services market in Europe, 2010 15
Figure 7: Factors influencing the likelihood of new entrants in the legal services market in Europe, 2010 16
Figure 8: Factors influencing the threat of substitutes in the legal services market in Europe, 2010 17
Figure 9: Drivers of degree of rivalry in the legal services market in Europe, 2010 18
Figure 10: Europe legal services market value forecast: $ billion, 2010–15 25
Figure 11: Europe legal services market volume forecast: thousand units, 2010–15 26


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