Global Legal Services Market Report 2021: COVID-19 Impact and Recovery
News Highlights: Global Legal Services Market Report 2021: COVID-19 Impact and Recovery.
Legal Services Global Market Report 2021: COVID-19 Impact and Recovery to 2030 provides strategists, marketers and senior management with the critical information they need to assess the global legal services market as it emerges following the closure of COVID- 19. the legal services market includes Latham & Watkins; Kirkland & Ellis LLP; Baker & McKenzie; Skadden, Arps, Slate, Meagher & Flom and DLA Piper.
The global legal services market is expected to grow from $ 713.66 billion in 2020 to $ 734.56 billion in 2021 at a compound annual growth rate (CAGR) of 2.9%. The growth is mainly due to the fact that the companies rearranged their operations and recovered from the COVID-19 impact, which had previously led to restrictive measures related to social distance, remote working and the closure of commercial activities that resulted in operational challenges. The market is expected to hit $ 908. 17 billion by 2025 at a CAGR of 5%.