Start reading ,This title and over 12000 thousand more,available with Avenue Library, T&C*
Personal Legal Services Market By Type (Legal Advisory and Advocate Services) and End User (Business and Individuals): Global Opportunity Analysis and Industry Forecast, 2020–2027
| A06720 | Pages: NA | Jun 2021 | 1104 Views | | |
| Author(s) : NA | Tables: NA | Charts: NA | Formats*: | |
COVID-19
Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Personal Legal Services Market
Request Now !Personal Legal Services Market Outlook – 2027Â
The personal legal services market has experienced substantial growth in past few years, and is expected to grow at a significant rate during the forecast period. Personal legal services are generally offered by personal attorneys or advocate companies to support people in legal processes. Personal legal services provide people with workplace rights, marital and family rights, lawsuits for personal injuries, cases regarding private properties, contracts, trusts and power of attorney, litigation, and conflicts.Â
The global personal legal services market is segmented on the basis of type, end user, and region. Based on type, the market is further bifurcated into legal advisory and advocate services. In terms of end user, the market is further sub-divided into business and individuals. Geographically, the global market is divided across North America (U.S. and Canada), Europe (Germany, UK, France, and rest of Europe), Asia-Pacific (China, Japan, India, and rest of Asia-Pacific), Latin America (Brazil, Mexico, and rest of LATAM) and Middle East & Africa.
Key players of the personal legal services market analysed in the research include Latham & Watkins LLP, Baker McKenzie, DLA Piper, (Skadden, Arps, Slate, Meagher & Flom LLP and Affiliates), Clifford Chance LLP, Dentons., Sidley Austin LLP, Hogan Lovells US LLP, and Allen & Overy LLP. They have adopted various strategies including new product launches, collaborations, partnerships, mergers & acquisitions, joint ventures, agreements, and others to gain a stronghold and international presence across the world.Â
Top Impacting Factors
Large number of complexities in legal action proceedings and rise in awareness among individuals regarding personal legal services drive the market growth. However, increase in individual law representatives and stringent government regulations hinder the personal legal services market growth. Moreover, rise in economic growth and growth in demand for legal services in developing countries provide great market opportunities.
Rise in Personal Legal Services Offerings
With an increase in awareness toward law services among individuals, rise in personal legal services have increased in the market. For instance, Waltz Palmer & Dawson, a law firm in Chicago, registered growth in number of requests involving aspects of estate planning such as wills, trusts, and power of attorneys. Furthermore, in the U.S, COVID-19 impact has caused a huge rise in employment claims through personal lawyers in the country.Â
New Improvements to Flourish the Market
Many key players are adopting new strategies to improve their work. For instance, Alternative Legal Service Provider (ALSP), one of the major players in the modern law world, provides services at a reduced cost or with other advantages, including improved customer experience and increased flexibility, in terms of services provided in the market. Globally, 57% of law firms are registered under ALSP. Lower fees and improved services are expected to boost market growth.
Key Benefits of the Report:
- This study presents analytical depiction of the global personal legal services market along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global personal legal services market share.Â
- The current market is quantitatively analyzed from 2020 to 2027 to highlight the market growth scenario.Â
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.Â
- The report provides a detailed personal legal services market analysis based on the present and future competitive intensity of the market. Â
Market Scope and Structure Analysis:
                   Report Metric |                  Details |
 Market Size Available For Years |  2019-2027 |
 Base Year Considered |  2019 |
 Forecast Period |  2020-2027 |
 Forecast Units |  Value ($) |
 Segments Covered |  Type, End User, and Region |
 Regions Covered | North America (U.S. and Canada), Europe (Germany, UK, France, and rest of Europe), Asia-Pacific (China, Japan, India, and rest of Asia-Pacific), Latin America (Brazil, Mexico, and rest of LATAM) and Middle East & Africa |
 Companies Covered | Major players analyzed in the report include Latham & Watkins LLP, Baker McKenzie, DLA Piper, (Skadden, Arps, Slate, Meagher & Flom LLP and Affiliates), Clifford Chance LLP, Dentons., Sidley Austin LLP, Hogan Lovells US LLP, and Allen & Overy LLP |
Â
COVID-19 Scenario Analysis:
- COVID-19 outbreak has caused business interruptions to several legal advisors and law firms.Â
- Lawyers and consultants are still providing services and are working remotely, however, owing to the COVID-19 pandemic, their businesses have collapsed in the market.Â
- Moreover, courts are functional but only with few cases based on crucial concern.Â
- As there is no daily filing of cases and no listing of hearing cases, several attorney firms are left with huge business losses.Â
Key Segments:
                   Segments |               Sub-Segments |
 Type |
|
 End User |
|
Â
Questions Answered in the Personal Legal Services Market Research Report:
- Who are the leading market players active in the global personal legal services market?
- What would be the detailed impact of COVID-19 on the global personal legal services market?
- What current personal legal services market trends would influence the market in the next few years?
- What are the driving factors, restraints, and opportunities in the global personal legal services market?
- What are the projections for the future that would help in taking further strategic steps?
We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:
- Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
- Technologically sophisticated and reliable insights through well audited and veracious research methodology
- Sovereign research proceeds that present a tangible depiction of marketplace
With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.
Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry
- Patent and regulatory databases for understanding of technical & legal developments
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic new articles, web-casts and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast
Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:
- Validates and improves the data quality and strengthens research proceeds
- Further develops analyst team’s market understanding and expertise
- Supplies authentic information about market size, share, growth and forecasts
Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:
- Chief executives and VPs of leading corporations specific to industry
- Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)
Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
Access from any device, anywhere
Clients can easily download both quantitative as well as
qualitative reports in PDF and excel formats.
REQUEST TOC/SAMPLE
Purchase Full Report of
Personal Legal Services Market
- Online Only
-
$3,456$3,110 - Online cloud access only
- Restricted print, copy, paste & download
- Read only
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
10%
Discount
- Data Pack
-
$3,840$3,456 - Restricted to one authorized user
- One print only
- Available in
Excel - Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
10%
Discount
- Single User
-
$5,769$5,192 - Restricted to one authorized user
- One print only
- Available in Excel & PDF
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
10%
Discount
- Five Users
-
$6,450$5,805 - Limited to five authorized users
- Print upto five copies
- Available in Excel & PDF
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
10%
Discount
-
Enterprise
License/PDF -
$8,995$8,096 - Unlimited
within
company/enterprise - Available in Excel & PDF
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
10%
Discount
- Library Membership
- $ 699/mo
- Published Content
E-access - Company Profiles
E-access - Newly Added Content Access
- 10 PDF
Downloads - 5 Excel Data
Pack Downloads - 250 Company Profiles PDF Downloads
-
Start reading.
Buy Now
This title and over 12,000+ are available on the Avenue Library. T&C*.
*Taxes/Fees, if applicable will be added during checkout. All prices in USD
Why Allied Market Research?
Infallible Methodology
To ensure high-level data integrity, accurate analysis, and impeccable forecasts
Analyst Support
For complete satisfaction
Customization
On-demand customization of scope of the report to exactly meet your needs
TARGETED MARKET VIEW
Targeted market view to provide pertinent information and save time of readers
Get fresh content delivered
Get insights on topics that are crucial for your business. Stay abreast of your interest areas.
Why Allied Market Research?
Infallible Methodology
To ensure high-level data integrity, accurate analysis, and impeccable forecasts
Analyst Support
For complete satisfaction
Customization
On-demand customization of scope of the report to exactly meet your needs
TARGETED MARKET VIEW
Targeted market view to provide pertinent information and save time of readers