Legal Services in Mexico - Industry Market Research Report

Law abiding: As businesses expand, demand for industry services is expected to increase

Legal Services in Mexico
The Legal Services industry in Mexico has been growing in line with the country's overall economy over the five years to 2019. The national unemployment rate has fallen during the period, and the higher employment is among individuals, the more discretionary money they have to spend leading them to pursue legal services when necessary instead of opting to settle. The industry has expanded to keep up with increasing demand, becoming increasingly competitive. Over the five years to 2024, industry operators will continue to benefit from favorable macroeconomic conditions and steady demand with continue to boost revenue. As businesses expand, their demand for industry services will likely increase, especially for mergers and acquisitions and initial public offerings.Establishments in the Legal Services industry in Mexico are mainly dedicated to providing advisory services and legal representation for legal defense before a court or administrative agency; notarial and certification services with the purpose of giving faith and legality to legal acts and facts; and advising and support services to carry out legal procedures. This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.