Legal services refer to services that involve legal or law-related matters, such as providing legal advice, filing, pleading, and defending lawsuits, and other legal matters. Legal services includes professional advice or representation provided by a licensed attorney or a law firm regarding legal matters. Legal services can range from providing legal advice and guidance to representation in court.
The legal services market consists of sales of law-related services and related goods by entities (organizations, sole traders and partnerships) that advise clients (individuals, businesses or other entities) about their legal rights and responsibilities, and represent clients in civil or criminal cases, business transactions and other matters, in which legal advice and other assistance is sought. Legal services providers undertake processes where human capital is the major input. They make available the knowledge and skills of their employees, often on an assignment basis, where an individual or a team is responsible for the delivery of services to the client.
The global legal services market reached a value of nearly $790.14 billion in 2024, having grown at a compound annual growth rate (CAGR) of 3.87% since 2019. The market is expected to grow from $790.14 billion in 2024 to $1,025.35 billion in 2029 at a rate of 5.35%. The market is then expected to grow at a CAGR of 5.63% from 2029 and reach $1,348.37 billion in 2034.
Expansion Of Small And Medium Enterprises (SMEs) And Startups
During the historic period, the legal services market was substantially driven by the expansion of small and medium enterprises (SMEs) and startups. The growth of SMEs and startups was driven by supportive government policies. These policies, such as simplified registration procedures, tax incentives, and startup funding programs, encouraged entrepreneurship and made it easier for new businesses to establish and expand operations. As a result, these businesses increasingly relied on legal services for company registration, contract drafting, intellectual property protection, and regulatory compliance, driving demand in the legal services market. For example, according to the U.S. Small Business Administration's Office of Advocacy, an independent U.S. government office representing the interests of small businesses, between March 2022 and March 2023, 1.3 million establishments opened while 1.1 million closed in the United States, resulting in a net increase of 212,794 establishments. Small businesses accounted for 1.2 million of these openings and 946,311 closings during the same period. Therefore, the legal services market was mainly driven by the expansion of small and medium enterprises (SMEs) and startups.
Strategic Partnerships Driving Innovation And Efficiency In Legal Services
Companies operating in the legal services market are increasingly focusing on strategic partnerships to enhance service offerings, expand market reach, and leverage technological advancements. These collaborations also help firms share expertise, reduce operational costs, and stay competitive in a rapidly evolving and technology-driven legal landscape. For example, in June 2025, LexisNexis, a US-based legal information provider, partnered with Harvey, a US-based legal tech startup, to integrate LexisNexis's legal content and citations directly into Harvey's AI-powered legal drafting and review platform. This collaboration enhances Harvey's capabilities by providing users with access to proprietary legal databases, such as those controlled by LexisNexis and Westlaw. The partnership aims to streamline legal workflows and strengthen Harvey's position in the competitive legal tech market.
The global legal services market is fragmented, with a large number of small players operating in the market. The top 10 competitors in the market made up 6.11% of the total market in 2024.
Legal Services Global Market Opportunities And Strategies To 2034 from The Business Research Company provides the strategists; marketers and senior management with the critical information they need to assess the global legal services market as it emerges from the COVID-19 shut down.
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Where is the largest and fastest-growing market for legal services? How does the market relate to the overall economy; demography and other similar markets? What forces will shape the market going forward? The legal services market global report from The Business Research Company answers all these questions and many more.
The report covers market characteristics; size and growth; segmentation; regional and country breakdowns; competitive landscape; market shares; trends and strategies for this market. It traces the market's history and forecasts market growth by geography. It places the market within the context of the wider legal services market; and compares it with other markets.
The report covers the following chapters
- Introduction And Market Characteristics - Brief introduction to the segmentations covered in the market, definitions and explanations about the segment by type, by size, by mode, by type of practice and by end user.
- Key Trends - Highlights the major trends shaping the global market. This section also highlights likely future developments in the market.
- Growth Analysis And Strategic Analysis Framework- Analysis on PESTEL, end use industries, market growth rate, global historic (2019-2024) and forecast (2024-2029, 2034F) market values and drivers and restraints that support and control the growth of the market in the historic and forecast periods, forecast growth contributors and total addressable market (TAM)
- Global Market Size And Growth - Global historic (2019-2024) and forecast (2024-2029, 2034F) market values and drivers and restraints that support and control the growth of the market in the historic and forecast periods.
- Regional And Country Analysis - Historic (2019-2024) and forecast (2024-2029, 2034F) market values and growth and market share comparison by region and country.
- Market Segmentation - Contains the market values (2019-2024) (2024-2029, 2034F) and analysis for each segment by type, by size, by mode, by type of practice and by end user in the market. Historic (2019-2024) and forecast (2024-2029) and (2029-2034) market values and growth and market share comparison by region market.
- Regional Market Size And Growth - Regional market size (2024), historic (2019-2024) and forecast (2024-2029, 2034F) market values and growth and market share comparison of countries within the region. This report includes information on all the regions Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa and major countries within each region.
- Competitive Landscape - Details on the competitive landscape of the market, estimated market shares and company profiles of the leading players.
- Other Major And Innovative Companies - Details on the company profiles of other major and innovative companies in the market.
- Competitive Benchmarking- Briefs on the financials comparison between major players in the market.
- Competitive Dashboard- Briefs on competitive dashboard of major players.
- Key Mergers And Acquisitions- Information on recent mergers and acquisitions in the market covered in the report. This section gives key financial details of mergers and acquisitions, which have shaped the market in recent years.
- Recent Developments- Information on recent developments in the market covered in the report.
- Market Opportunities And Strategies- Describes market opportunities and strategies based on findings of the research, with information on growth opportunities across countries, segments and strategies to be followed in those markets.
- Conclusions And Recommendations- This section includes recommendations for legal services providers in terms of product/service offerings geographic expansion, marketing strategies and target groups.
- Appendix- This section includes details on the NAICS codes covered, abbreviations and currencies codes used in this report.
Markets Covered:
- 1) By Type: B2B Legal Services; B2C Legal Services; Hybrid Legal Services; Criminal Law Practices
- 2) By Size: Large Law Firms; SME Law Firms
- 3) By Type Of Practice: Online Legal Services; Offline Legal Services
- 4) By Mode: Litigation; Corporate; Labor/Employment; Real Estate; Patent Litigation; Tax; Bankruptcy; Other Modes
- 5) By End User: Individuals; Financial Services; Mining And Oil And Gas; Manufacturing; Construction; IT Services; Other End Users
- Companies Mentioned: Kirkland & Ellis LLP; Latham & Watkins LLP; Deloitte Touche Tohmatsu Limited; Ernst & Young Global Limited (EY); PricewaterhouseCoopers LLP (PwC).
- Countries: Australia; China; India; Indonesia; Japan; South Korea; Bangladesh; Thailand; Vietnam; Malaysia; Singapore; Philippines; Hong Kong; New Zealand; USA; Canada; Mexico; France; Germany; UK; Austria; Belgium; Denmark; Finland; Ireland; Italy; Netherlands; Norway; Portugal; Spain; Sweden; Switzerland; Russia; Czech Republic; Poland; Romania; Ukraine; Brazil; Chile; Argentina; Colombia; Peru; Saudi Arabia; Israel; Iran; Turkey; UAE; Egypt; Nigeria; South Africa
- Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
- Time-series: Five years historic and ten years forecast.
- Data: Ratios of market size and growth to related markets; GDP proportions; expenditure per capita; legal services indicators comparison.
- Data segmentations: country and regional historic and forecast data; market share of competitors; market segments.
- Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.