About Legal Services

Legal services involve the provision of advisory and technical assistance or representational services pertaining to legal disciplines. These services are offered by professionals practicing law in various verticals of the legal spectrum, including corporate, labor, intellectual property, administrative, real estate, international trade, industrial, bankruptcy, and taxation law.
Technavio’s procurement specialist forecast the legal services market to grow at a CAGR of 2.8% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the legal services market for 2016-2020. The report contains a comprehensive market and supplier landscape in addition to a SWOT analysis of the key suppliers.

The market is divided into the following segments based on geography:
• Americas
• Europe
• APAC
• Middle East and Africa

Technavio's report, Legal Services Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key suppliers operating in this market.

Key suppliers
• Baker & McKenzie
• DLA Piper
• Latham & Watkins
• Clifford Chance
• Allen & Overy

Market driver
• Increased focus by firms on expansion activities in untapped markets
• For a full, detailed list, view our report

Market challenge
• Decreasing cash flow due to adoption of fixed-fee model
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2020 and what will the growth rate be?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key suppliers in this market space?
• What are the market opportunities and threats faced by the key suppliers?
• What are the strengths and weaknesses of the key suppliers?

You can request one free hour of our procurement specialist’s time when you purchase this market report. Details are provided within the report.