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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 provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$35bn
Annual Growth 10-15
2.3%
Annual Growth 15-20
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Profit
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Employment
92,974
Businesses
58,952
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 Locations Chapter

Personal injury lawyers operate in regional markets. People throughout the United States are exposed to injuries that may result in litigation, generating demand for personal injury litigation services. As a result, the industry's firms are spread out along the lines of the population.

Industry operators benefit from locating near urban municipalities, as they are more able to generate elevated client volumes in these areas... 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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