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B2B Legal Services Market Size, Share, Statistics, Latest Trends, Segmentation And Forecast to 2031
B2B Legal Services Market
The regions covered in the B2B legal services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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The B2B legal services market consists of the sales of law-related services by entities (organizations, sole traders, and partnerships) that advise corporate clients on the body of law that governs disputes between businesses and represent corporate clients in civil or criminal cases, business transactions and other matters in which legal advice and other assistance are sought. This segment excludes legal services offered during disputes between businesses and individuals. B2B legal services are usually provided by commercial law firms. Clients of commercial law firms include listed corporations, government institutions, small and medium-sized enterprises, and high net worth individuals. Only goods and services traded between entities or sold to end consumers are included.
Key competitors in the B2B legal services market include Latham & Watkins LLP, Kirkland & Ellis LLP, DLA Piper, Baker & McKenzie, Skadden, Arps, Slate, Meagher & Flom LLP and Affiliates, Sidley Austin LLP, Morgan, Lewis & Bockius LLP, Linklaters LLP, Jones Day and Allen & Overy LLP.
The global b2b legal services market is expected to grow from $390.92 billion in 2021 to $432.67 billion in 2022 at a compound annual growth rate (CAGR) of 10.7%. The growth in the B2B legal services market is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The B2B legal services market is expected to reach $610.02 billion in 2026 at a CAGR of 9.0%.
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TBRC’s report segments the global B2B legal services market:
1) By Service Type: Civil or Criminal, Mergers and Acquisitions, Business Transactions, Others
2) By End-user: Listed Corporations, Government Institutions, Small and Medium-sized Enterprises, High Net worth Individuals, Others
3) By Size of Law Firm : Large law firms , SME law firms
Read further on the B2B legal services market here:
https://www.thebusinessresearchcompany.com/report/b2b-legal-services-global-market-report
The Table of Contents includes:
1. Executive Summary
2. B2B Legal Services Market Characteristics
3. B2B Legal Services Market Trends And Strategies
4. Impact Of COVID-19 On B2B Legal Services Market
5. B2B Legal Services Market Size And Growth
.....
27. B2B Legal Services Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The B2B Legal Services Market
29. B2B Legal Services Market Future Outlook And Potential Analysis
30. Appendix
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