Personal Injury Lawyers & Attorneys in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Personal Injury Lawyers & Attorneys Market Research Report | Advisory & Financial Services | Law Firms | Apr 2015

Personal payback: Demand for personal injury lawyers will likely grow in line with the aging US population

IBISWorld’s Personal Injury Lawyers & Attorneys market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Annual Growth 10-15
Annual Growth 15-20
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Industry Analysis & Industry Trends

Personal injury claims are filed for incidents such as road traffic accidents, workplace accidents, assaults, accidents in the home, defective product-related accidents and medical malpractice. Demand for personal injury lawyers exists regardless of the economic climate, and the industry weathered the recession well. Over the five years to 2020, medical malpractice suits will likely become more common, as the US population ages. The increasing popularity of structured settlements, which enable the negligent party to pay over a period of time rather than in one lump sum, will stabilize revenue for personal injury lawyers.... purchase to read more

Industry Report - Industry Key Buyers Chapter

The Law Firms industry is highly fragmented because the majority of operators run their own small practices or partnerships. The average company in the industry only employs three people. IBISWorld estimates that the top four industry participants account for less than 5.0% of industry revenue. Operators rely on garnering business by word of mouth and local advertising. Many invest their time in community service activities and pro bono work (taken without pay) to establish a positive reputation and gain the trust of potential clients... purchase to read more


Industry ProductsRelated ReportsTable of Contents

What is the Personal Injury Lawyers & Attorneys Industry?

This industry comprises legal practitioners (i.e. lawyers or attorneys) that primarily practice personal injury law.

Industry Products
Personal Injury - AutomobileMedical malpracticeOther personal injury casesPersonal Injury - Airline Personal Injury - Marine
Industry Activities
Negligence law servicesTort law servicesWorkplace injury law services

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