North America Legal Services Market Size & Outlook
North America legal services market, 2018-2030 (US$M)
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North America legal services market highlights
- The North America legal services market generated a revenue of USD 404.2 million in 2023.
- The market is expected to grow at a CAGR of 2.6% from 2024 to 2030.
- In terms of segment, litigation was the largest revenue generating services in 2023.
- Corporate is the most lucrative services segment registering the fastest growth during the forecast period.
- Country-wise, Canada is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 404.2 million |
| Market revenue in 2030 | USD 484.5 million |
| Growth rate | 2.6% (CAGR from 2023 to 2030) |
| Largest segment | Litigation |
| Fastest growing segment | Corporate |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Taxation, Real Estate, Litigation, Bankruptcy, Labor/Employment, Corporate |
| Key market players worldwide | Deloitte, Ernst & Young Global Consulting Services, Kirkland's Inc, PwC, Baker & McKenzie, Clifford Chance, DLA Piper, KPMG, Latham & Watkins, Skadden, Arps, Slate, Meagher & Flom LLP & Affiliates |
Other key industry trends
- In terms of revenue, North America region accounted for 40.4% of the global legal services market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 379.8 million by 2030.
Litigation was the largest segment with a revenue share of 29.29% in 2023. Horizon Databook has segmented the North America legal services market based on taxation, real estate, litigation, bankruptcy, labor/employment, corporate covering the revenue growth of each sub-segment from 2018 to 2030.
The legal services market in North America is experiencing significant growth. This can be attributed to several factors, including the increasing complexity of legal matters, the globalization of business, and the adoption of technology solutions. The legal services market in North America is the largest in the world, with the United States being the largest contributor.
Law firms in North America are expanding their services and hiring more lawyers to cater to the needs of their clients. Additionally, the increasing use of technology in the delivery of legal services has led to the adoption of AI-powered tools to streamline workflows and improve efficiency. This has resulted in increased demand for legal services from both corporate and individual clients.
The legal services market in North America is also characterized by a high degree of specialization, with law firms offering services in areas such as intellectual property law, healthcare law, and environmental law. Overall, the legal services market in North America is expected to continue growing as the demand for specialized legal services continues to increase.
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Legal Services Market Scope
Legal Services Market Companies
| Name | Profile | # Employees | HQ | Website |
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North America legal services market size, by country, 2018-2030 (US$M)
North America Legal Services Market Outlook Share, 2023 & 2030 (US$M)
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