Market Overview:
The global legal service provider services market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for legal services from individual and enterprise users, and the growing adoption of online legal service providers. North America is expected to lead the global market in terms of revenue, followed by Europe and Asia Pacific. However, Latin America and Middle East & Africa are expected to witness high growth rates during the forecast period owing to rising awareness about legal services among end-users in these regions.
Product Definition:
A legal service provider is an organization that provides legal services to clients. This can include representation in court, drafting of legal documents, or providing advice on legal matters. The importance of a legal service provider is that it can help ensure that individuals have access to the justice system and are able to protect their rights.
Online Service:
Online service is a set of tools and applications which help users to access legal services from anywhere in the world. It provides various benefits such as ease of accessibility, convenience, cost-effectiveness and flexibility. The global online service market was valued at USD 2,542 million in 2015 and is expected to grow at a CAGR of XX% during the forecast period.
Offline Service:
Offline service is a process where the customer can go to the physical location and avail services. It has been observed that in many countries, especially developing economies like India, people prefer offline mode of service delivery due to lack of awareness about online services. Also, in some countries such as China and Saudi Arabia; it has been reported that government restrictions have forced companies to deliver their goods through an offline channel only.
Also called as “brick.
Application Insights:
The global legal service provider services market has been segmented into individual, enterprise and others. The individual application segment dominated the market in 2017 and is expected to continue its dominance over the forecast period. This can be attributed to a large number of LLPs operating across various geographies with diverse clientele that require advice on a variety of matters.
The growing trend of forming personal injury law firms as an alternative method for obtaining compensation for injuries suffered due to accidents caused by negligent drivers or faulty vehicles is anticipated to drive demand for legal SLP providers over the forecast period. Furthermore, rising awareness among individuals regarding their rights and duties coupled with increasing cases related information online about personal injury law firms are also driving demand globally.
Regional Analysis:
North America accounted for the largest share of over 40% in 2017. The growth is attributed to the presence of a large number of legal service providers, high demand for legal services among consumers, and increasing use of technology by law firms. Moreover, rising awareness regarding online legal services has been fueling market growth in this region.
Asia Pacific is expected to register significant growth over the forecast period owing to factors such as economic development and modernization leading to increased disposable income resulting in higher demand for law related services among individuals and enterprises; expansion & strengthening network with global players providing LLPs across Asia; increase adoption & usage LLPs by Asian countries like China & Japan coupled with growing trend towards globalization which provides access from anywhere at any time; availability/accessibility justice system free from biasness or corruption etc.; all these factors are contributing towards market growth in APAC region.
Growth Factors:
- Increasing demand for legal services from the corporate sector
- Rising number of litigations and need for legal support
- Growing demand for specialized legal services
- Proliferation of alternative dispute resolution mechanisms
- Expansion of e-commerce and other online businesses
Scope Of The Report
Report Attributes
Report Details
Report Title
Legal Service Provider Services Market Research Report
By Type
Online Service, Offline Service
By Application
Individual, Enterprise, Others
By Companies
King & Spalding, Morgan, Lewis & Bockius, Blake, Cassels & Graydon, Cooley, Covington & Burling, Faegre Baker Daniels, Finnegan, Henderson, Farabow, Garrett & Dunner, Greenberg Traurig, Hahn Loeser & Parks, Hogan Lovells International, Holland & Knight, Intapp, Jones Day, Kirkland & Ellis, K&L Gates
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
213
Number of Tables & Figures
150
Customization Available
Yes, the report can be customized as per your need.
Global Legal Service Provider Services Market Report Segments:
The global Legal Service Provider Services market is segmented on the basis of:
Types
Online Service, Offline Service
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Individual, Enterprise, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- King & Spalding
- Morgan, Lewis & Bockius
- Blake, Cassels & Graydon
- Cooley
- Covington & Burling
- Faegre Baker Daniels
- Finnegan, Henderson, Farabow, Garrett & Dunner
- Greenberg Traurig
- Hahn Loeser & Parks
- Hogan Lovells International
- Holland & Knight
- Intapp
- Jones Day
- Kirkland & Ellis
- K&L Gates
Highlights of The Legal Service Provider Services Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Online Service
- Offline Service
- By Application:
- Individual
- Enterprise
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Legal Service Provider Services Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Legal Service Provider Services (LSP) is a program that provides legal assistance to low-income individuals and families in the United States. LSPs are typically nonprofit organizations or public interest law firms that provide free or reduced-cost legal services to people who cannot afford them on their own.
Some of the key players operating in the legal service provider services market are King & Spalding, Morgan, Lewis & Bockius, Blake, Cassels & Graydon, Cooley, Covington & Burling, Faegre Baker Daniels, Finnegan, Henderson, Farabow, Garrett & Dunner, Greenberg Traurig, Hahn Loeser & Parks, Hogan Lovells International, Holland & Knight, Intapp, Jones Day, Kirkland & Ellis, K&L Gates.
The legal service provider services market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Legal Service Provider Services Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Legal Service Provider Services Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Legal Service Provider Services Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Legal Service Provider Services Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Legal Service Provider Services Market Size & Forecast, 2018-2028 4.5.1 Legal Service Provider Services Market Size and Y-o-Y Growth 4.5.2 Legal Service Provider Services Market Absolute $ Opportunity
Chapter 5 Global Legal Service Provider Services Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Legal Service Provider Services Market Size Forecast by Type
5.2.1 Online Service
5.2.2 Offline Service
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Legal Service Provider Services Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Legal Service Provider Services Market Size Forecast by Applications
6.2.1 Individual
6.2.2 Enterprise
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Legal Service Provider Services Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Legal Service Provider Services Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Legal Service Provider Services Analysis and Forecast
9.1 Introduction
9.2 North America Legal Service Provider Services Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Legal Service Provider Services Market Size Forecast by Type
9.6.1 Online Service
9.6.2 Offline Service
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Legal Service Provider Services Market Size Forecast by Applications
9.10.1 Individual
9.10.2 Enterprise
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Legal Service Provider Services Analysis and Forecast
10.1 Introduction
10.2 Europe Legal Service Provider Services Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Legal Service Provider Services Market Size Forecast by Type
10.6.1 Online Service
10.6.2 Offline Service
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Legal Service Provider Services Market Size Forecast by Applications
10.10.1 Individual
10.10.2 Enterprise
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Legal Service Provider Services Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Legal Service Provider Services Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Legal Service Provider Services Market Size Forecast by Type
11.6.1 Online Service
11.6.2 Offline Service
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Legal Service Provider Services Market Size Forecast by Applications
11.10.1 Individual
11.10.2 Enterprise
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Legal Service Provider Services Analysis and Forecast
12.1 Introduction
12.2 Latin America Legal Service Provider Services Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Legal Service Provider Services Market Size Forecast by Type
12.6.1 Online Service
12.6.2 Offline Service
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Legal Service Provider Services Market Size Forecast by Applications
12.10.1 Individual
12.10.2 Enterprise
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Legal Service Provider Services Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Legal Service Provider Services Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Legal Service Provider Services Market Size Forecast by Type
13.6.1 Online Service
13.6.2 Offline Service
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Legal Service Provider Services Market Size Forecast by Applications
13.10.1 Individual
13.10.2 Enterprise
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Legal Service Provider Services Market: Competitive Dashboard
14.2 Global Legal Service Provider Services Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 King & Spalding
14.3.2 Morgan, Lewis & Bockius
14.3.3 Blake, Cassels & Graydon
14.3.4 Cooley
14.3.5 Covington & Burling
14.3.6 Faegre Baker Daniels
14.3.7 Finnegan, Henderson, Farabow, Garrett & Dunner
14.3.8 Greenberg Traurig
14.3.9 Hahn Loeser & Parks
14.3.10 Hogan Lovells International
14.3.11 Holland & Knight
14.3.12 Intapp
14.3.13 Jones Day
14.3.14 Kirkland & Ellis
14.3.15 K&L Gates