Business Services News

Business Services News

Breaking News on Business Services

Home > Business Services Search Engine                                 

Business Services News -- Video Feeds
  • Advertising
  • Careers
  • Corporate news
  • Economy
  • Markets
  • Small Business
  • Personal Finance
  • Regulatory and Compliance
  • Business News

    Legal Services Market Trends Include Alternative Legal Service Providers
    (I-BusinessNews.Com, July 08, 2021 ) The emergence of alternative legal service providers (ALSPs) is a key trend in the market. ALSPs are non-traditional, niche companies that specialize in providing high-demand legal services such as document review, contract management, litigation support, electronic discovery, contract lawyers and staffing, legal research, and IP management. They are essentially focused on the “business of law”, leveraging a combination of legal, business and technology capabilities, to provide services to both corporates and law firms. Businesses are increasingly employing ALSPs for many routine legal services, and law firms are outsourcing non-revenue generating tasks, such as project management, business analysis, billing, and expenses, to ALSPs. The largest and fastest-growing ALSPs include the Big Four accounting firms – Deloitte, EY, KPMG, and PwC.

    The legal services market consists of the 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 are sought. Legal services 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.



    Legal Services Market Report Segments:

    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 End-Users: Individuals, Financial Services, Mining And Oil & Gas, Manufacturing, Construction, IT Services, Others

    4) By Type Of Practice: Litigation, Corporate, Labor/Employment, Real Estate, Patent Litigation, Tax, Bankruptcy, Others (Regulatory, M&A, Antitrust, Environmental)

    5) By Mode: Online, Offline



    Read More On The Global Legal Services Market Report:

    https://www.thebusinessresearchcompany.com/report/legal-services-market



    Legal Services Market Size Forecast:

    The global legal services market is expected to grow from $713.6 billion in 2020 to $734.6 billion in 2021 at a compound annual growth rate (CAGR) of 2%.The growth 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 market is expected to reach $908.7 billion in 2025 at a CAGR of 5%.



    Major Players in the Legal Services Market:

    Latham & Watkins

    Kirkland & Ellis LLP

    Baker & McKenzie

    Skadden, Arps, Slate, Meagher & Flom

    DLA Piper



    Request For A Sample:

    https://www.thebusinessresearchcompany.com/sample.aspx?id=795&type=smp



    Legal Services Market - Opportunities And Strategies – Global Forecast To 2030 is one of a series of new reports from The Business Research Company that provide market overviews, analyze and forecast market size and growth for the whole market, legal services market segments and geographies, legal services market trends, drivers, restraints, leading competitors’ revenues, profiles and market shares in over 1,000 industry reports, covering over 2,500 market segments and 60 geographies.

    The report also gives in-depth analysis of the impact of COVID-19 on the market. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. A highly experienced and expert team of analysts and modelers provides market analysis and forecasts. The reports identify top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.



    Here Is A List Of Reports Similar To The Legal Services Global Market Report By The Business Research Company:

    Physical, Engineering, And Life Sciences Global Market Report 2021: COVID-19 Impact And Recovery To 2030

    https://www.thebusinessresearchcompany.com/report/physical-engineering-and-life-sciences-global-market-report-2020-30-covid-19-implications-and-growth



    Marketing Research And Analysis Services Global Market Report 2021: COVID-19 Impact And Recovery To 2030

    https://www.thebusinessresearchcompany.com/report/marketing-research-and-analysis-services-global-market-report



    Management Consulting Services Global Market Report 2021: COVID-19 Impact And Recovery To 2030

    https://www.thebusinessresearchcompany.com/report/management-consulting-services-global-market-report-2020-30-covid-19-impact-and-recovery



    Interested to know more about The Business Research Company?

    Read more about us at https://www.thebusinessresearchcompany.com/about-the-business-research-company.aspx



    The Business Research Company is a market research and intelligence firm that excels in company, market, and consumer research. It has over 200 research professionals at its offices in India, the UK and the US, as well a network of trained researchers globally. It has specialist consultants in a wide range of industries including manufacturing, healthcare, financial services and technology.



    Call us now for personal assistance with your purchase:

    Europe: +44 207 1930 708

    Asia: +91 88972 63534

    Americas: +1 315 623 0293



    The Business Research Company

    Email: info@tbrc.info

    Follow us on LinkedIn: https://bit.ly/3b7850r

    Follow us on Twitter: https://bit.ly/3b1rmjS

    Check out our Blog: http://blog.tbrc.info/

    The Business Research Company

    Marketing TBRC

    +1 3156230293

    Marketing@tbrc.info

    Source: EmailWire.Com

    Source: EmailWire.com

    Business News Feeds
  • Business News - Top Stories
  • Company Earnings
  • Economy
  • Personal Finance
  • Real Estate
  • Stock Markets
  • Business Services Sponsors

    Business Services Ads

    Business Resource Center
    We are pleased to offer you this exciting, new, and entirely free professional resource. Visit our Free Industry resource center today to browse our selection of 600+ complimentary Industry magazines, white papers, webinars, podcasts, and more. Get popular titles including:

    CIO Insight
    Managed Healthcare Executive
    Mortgage Technology

    No credit cards, coupons, or promo codes required. Try it today!

    Press release service

    :: Home: :: Submit Press Release :: Subscribe to News :: Contact Us :: Help

    For unlimited press release distribution for $59 per month, call (281) 645-4086 or start posting your press releases online at EmailWire.com.

    Copyright 2008 GroupWeb Media LLC
    GroupWeb Media Network

    Aviation-NewsWire | ArtNewsWire | Auction NewsWire | CRM NewsWire | ePhotoNewsWire | Energy Industry | EstateNewsWire | Entertainment-NewsWire.com | Food Beverage News | Glamour NewsWire | Health NewsWire | Hosting NewsWire | i-Auto NewsWire | i-Business News | i-Homeland Security.Com | iMac-NewsWire.Com | i-Press-Release-Service | i-SoftwareNews.com | iT-NewsWire.Com
    | i-TravelNewsWire.Com | MoneyNewsWire.Net | Movie-Stars-News.Com | MSNewsWire.Net | PharmaNewsWire.Com | Publishing-NewsWire.Com | RSSNewsWire.Net | Telecom-NewsWire.Net | Transportation-News.Com | USGovernment-News.Com | WebPosters.Net | Wireless-NewsWire.Com | VoIPNewsWire.Net | XSportsWorld.Net
    I-BusinessNews.Com is a business news service of GroupWeb Media LLC