Report ID: SQMIG25S2026
Report ID:
SQMIG25S2026 |
Region:
Global |
Published Date: December, 2024
Pages:
257
|
Tables:
94 |
Figures:
76
In 2021, Asia-Pacific region is expected to have the biggest share of the legal services market. The regional market growth is attributed to the region's increasing number of acquisitions and mergers increases need for legal services. Due to the rapid adoption of regulatory and legal requirements, particularly in China and India, Asia Pacific accounted for a substantial market share in 2020. For example, legal service providers in India have begun to offer sophisticated cross-border court services to their corporate clients, creating significant growth potential for the country. Service providers such as Venable LLP, Baker & McKenzie, and Allen & Overy LLP have also entered the Indian market, which is expected to enhance market growth in the region in the coming years. Further, on the other hand, growing assignment volumes in the corporate legal divisions in the US due to the availability of legal services is also projected to support the US legal services market growth in the forecast period.
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Report ID: SQMIG25S2026