Key Highlights
- The legal services market includes practitioners of law operating in every sector of the legal spectrum. These include but are not limited to, commercial, criminal, legal aid, insolvency, labor/industrial, family, and taxation law.
- The Australian legal services market recorded revenues of $16.2 billion in 2023, representing a compound annual growth rate (CAGR) of 0.5% between 2018 and 2023.
- Market consumption volume increased with a CAGR of 4.1% between 2018 and 2023, to reach a total of 94.0 thousand personnel in 2023.
- As per GlobalData analysis, the Australian legal services market accounts for a 14.0% share of the Asia-Pacific market.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the legal services market in Australia
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the legal services market in Australia
- 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 Australia legal services market with five year forecasts
Reasons to Buy
- What was the size of the Australia legal services market by value in 2023?
- What will be the size of the Australia legal services market in 2028?
- What factors are affecting the strength of competition in the Australia legal services market?
- How has the market performed over the last five years?
- What are the main segments that make up Australia's legal services market?
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Minter Ellison Legal Group
- Herbert Smith Freehills
- Ashurst LLP