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$136.4 Billion Worldwide B2C Legal Services Industry to 2027 - Impact of COVID-19 on the Market

Research and Markets
·2-min read

Dublin, Feb. 22, 2021 (GLOBE NEWSWIRE) -- The "B2C Legal Services - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

The publisher brings years of research experience to the 7th edition of this report. The 108-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Global B2C Legal Services Market to Reach US$176.9 Billion by the Year 2027

Amid the COVID-19 crisis, the global market for B2C Legal Services estimated at US$136.4 Billion in the year 2020, is projected to reach a revised size of US$176.9 Billion by 2027, growing at a CAGR of 3.8% over the period 2020-2027.

The U.S. Accounts for Over 29.4% of Global Market Size in 2020, While China is Forecast to Grow at a 3.6% CAGR for the Period of 2020-2027

The B2C Legal Services market in the U.S. is estimated at US$40.1 Billion in the year 2020. The country currently accounts for a 29.43% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$31.5 Billion in the year 2027 trailing a CAGR of 3.6% through 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.5% and 3.2% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.7% CAGR while Rest of European market (as defined in the study) will reach US$31.5 Billion by the year 2027.

Competitors identified in this market include, among others:

  • Baker McKenzie

  • Clifford Chance LLP

  • DLA Piper International LLP

  • Latham & Watkins LLP

  • Skadden, Arps, Slate, Meagher & Flom LLP

Key Topics Covered:

I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Impact of Covid-19 and a Looming Global Recession

  • Global Competitor Market Shares

  • B2C Legal Services Competitor Market Share Scenario Worldwide (in %): 2018E

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

  • Total Companies Profiled: 56

For more information about this report visit https://www.researchandmarkets.com/r/kw4uy6

CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900