Criminal law is a system of laws concerned with punishment of individuals who commit crime related to traffic, public order, property and people.
Criminal Law Practices Global Market Size
The global criminal law practices market was valued at $42.4 billion in 2017. North America was the largest geographic region accounting for $21.0 billion or 49.52% of the global market. The USA was the largest country accounting for $17.1 billion or 40.33% of the global criminal law practices market.
Criminal Law Practices Global Market Trend
Pressure to control costs have forced criminal law firms to move away from traditional by-the-hour billing models to alternative billing models. The new alternative billing models include fixed, flat blended and capped fees. Many law firms are switching to alternative billing models to build long term relationships with clients and to maximize value they are offering to clients. According to a survey by the US law department, about 72.8% of fees paid to outside counsel was not based on standard hourly rates or the billable hours.
The companies covered are Baker & McKenzie, Clifford Chance, Allen & Overy, Sidley Austin, and Gibson Dunn & Crutcher.
The countries covered are USA, China, Germany, Brazil, Japan, UK, Spain, Russia, France, Australia, Italy, India and rest of the world.
UK legal services market to get Brexit boost
Deloitte is world’s biggest legal services firm, report claims
Europe's City Dwelling Past Makes It The World's Largest And Fastest-Growing Architectural And Engineering Services Market
Asian Demographics And Urbanization Are Boosting Global Advertising Spend
India's Management Consultancy Market's Rapid Growth Is Linked to Its Business Processing Industry
Law Firms Face Increasing Competition from Non-Traditional Sources
Standardization lowers the prices for interior design services.
Autonomous underwater vehicles to serve the offshore oil and gas industry.
Legal Services Market, Global Opportunities And Strategies To 2021
Environmental Consulting Services Market, Global Opportunities And Strategies To 2021
Design, Research, Promotional And Consulting Services Global Market Report 2019
Accounting Services Global Market Report 2019
Photographic Services Global Market Report 2019
Market Research Services Global Market Report 2019
Advertising, Public Relations, And Related Services Global Market Report 2019
Scientific Research And Development Services Global Market Report 2019