B2C legal services market comprises establishments offering practices deal with the body of law that governs the disputes between individuals.
The global B2C legal services market was valued at $130 billion in 2017. North America was the largest geographic region accounting for $75.7 billion or 58.2% of the global market. The USA was the largest country accounting for $38.2 billion or 29.4% of the global B2C legal services market.
In the B2C legal market place, clients are seeking assistance from non-lawyer professionals. Non-lawyer professionals include paralegal technicians, legal document preparers, legal self-help websites, virtual assistants and offshore legal vendors. These new sources are enabling disadvantaged populations to access legal services at affordable rates to deal with legal issues in their professional and personal lives. Since legal services costs are rising, new legal delivery models are emerging to offer affordable legal services to a large proportion of population.
Companies Covered: Baker & McKenzie, DLA Piper, Latham & Watkins LLP, Skadden, Arps, Slate, Meagher & Flom LLP, Clifford Chance LLP
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