IBISWorld Platform
Answer any industry question in minutes with our entire database at your fingertips.
Over the past five years, the German legal consultancy sector has increasingly moved towards specialisation. More and more lawyers are obtaining specialist lawyer qualifications, which are seen as a mark of quality and make it easier to secure clients. Employment and family law remain the leading specialist areas in terms of numbers. Whilst areas such as family, social and banking law are losing significance, public procurement, immigration and international commercial law are experiencing strong growth, which underlines the sector’s ability to adapt to changing client needs. At the same time, case law confirms the traditional structures of the market. The European Court of Justice’s ruling on the prohibition of third-party ownership ensures that lawyers’ independence remains safeguarded, even if this restricts the investment opportunities of medium-sized law firms by international standards. Overall, the legal consultancy sector has recorded an average annual decline in turnover of 1.4 per cent over the last five years. This is attributable to a strong base year in 2021, high inflation in subsequent years, and the fee structure. As the legislature did not raise fees until January 2026, fees remained unchanged for several years whilst the general price level rose.
IBISWorld's research coverage on the Legal Activities industry in Germany includes market sizing, forecasting, data and analysis from 2016-2031. The most recent publication was released August 2026.
The Legal Activities industry in Germany operates under the WZ industry code M69.10DE. The legal consultancy sector provides legal advice and represents clients in civil and criminal proceedings. Its scope of activities also includes the notarisation of contracts, wills and trust agreements. The sector comprises law firms, both with and without notarial services, as well as patent attorney firms. Related terms covered in the Legal Activities industry in Germany include law firm, specialist law firm, initial public offering (ipo), company lawyer, deep learning, inter-local practice, legal tech and blockchain.
Products and services covered in Legal Activities industry in Germany include Inheritance and Family Law, Employment and Trade Union Law and Banking, Insurance and Commercial Law.
Companies covered in the Legal Activities industry in Germany include Freshfields Bruckhaus Deringer, CMS Hasche Sigle and Hengeler Mueller.
The Performance chapter covers detailed analysis, datasets, detailed current performance, sources of volatility and an outlook with forecasts for the Legal Activities industry in Germany.
Questions answered in this chapter include what's driving current industry performance, what influences industry volatility, how do successful businesses overcome volatility, what's driving the industry outlook. This analysis is supported with data and statistics on industry revenues, costs, profits, businesses and employees.
The Products and Markets chapter covers detailed products and service segmentation and analysis of major markets for the for the Legal Activities industry in Germany.
Questions answered in this chapter include how are the industry's products and services performing, what are innovations in industry products and services, what products or services do successful businesses offer and what's influencing demand from the industry's markets. This includes data and statistics on industry revenues by product and service segmentation and major markets.
The Geographic Breakdown chapter covers detailed analysis and datasets on regional performance of the Legal Activities industry in Germany.
Questions answered in this chapter include where are industry businesses located and how do businesses use location to their advantage. This includes data and statistics on industry revenues by location.
The Competitive Forces chapter covers the concentration, barriers to entry and supplier and buyer profiles in the Legal Activities industry in Germany. This includes data and statistics on industry market share concentration, barriers to entry, substitute products and buyer & supplier power.
Questions answered in this chapter include what impacts the industry's market share concentration, how do successful businesses handle concentration, what challenges do potential industry entrants face, how can potential entrants overcome barriers to entry, what are substitutes for industry services, how do successful businesses compete with substitutes and what power do buyers and suppliers have over the industry and how do successful businesses manage buyer & supplier power.
The Companies chapter covers Key Takeaways, Market Share and Companies in the Legal Activities industry in Germany. This includes data and analysis on companies operating in the industry that hold a market share greater than 5%.
Questions answered in this chapter include what companies have a meaningful market share and how each company is performing.
The External Environment chapter covers Key Takeaways, External Drivers, Regulation & Policy and Assistance in the Legal Activities industry in Germany. This includes data and statistics on factors impacting industry revenue such as economic indicators, regulation, policy and assistance programs.
Questions answered in this chapter include what demographic and macroeconomic factors impact the industry, what regulations impact the industry, what assistance is available to this industry.
The Financial Benchmarks chapter covers Key Takeaways, Cost Structure, Financial Ratios, Valuation Multiples and Key Ratios in the Legal Activities industry in Germany. This includes financial data and statistics on industry performance including key cost inputs, profitability, key financial ratios and enterprise value multiples.
Questions answered in this chapter include what trends impact industry costs and how financial ratios have changed overtime.
The Industry Data chapter includes 10 years of historical data with 5 years of forecast data covering statistics like revenue, industry value add, establishments, enterprises, employment and wages in the Legal Activities industry in Germany.
More than 6,000 businesses use IBISWorld to shape local and global economies
We were able to supplement our reports with IBISWorld’s information from both a qualitative and quantitative standpoint. All of our reporting now features some level of IBISWorld integration.
IBISWorld delivers the crisp business knowledge we need to drive our business. Whether it be serving up our major clients, winning new business or educating on industry issues, IBISWorld brings real value.
IBISWorld has revolutionised business information — which has proved commercially invaluable to exporters, investors and public policy professionals in Australia and overseas.
When you’re able to speak to clients and be knowledgeable about what they do and the state that they operate in, they’re going to trust you a lot more.
The market size of the Legal Activities industry in Germany is €35.9bn in 2026.
There are 59,114 businesses in the Legal Activities industry in Germany, which has declined at a CAGR of 0.4 % between 2021 and 2026.
The Legal Activities industry in Germany is unlikely to be materially impacted by import tariffs with imports accounting for a low share of industry revenue.
The Legal Activities industry in Germany is unlikely to be materially impacted by export tariffs with exports accounting for a low share of industry revenue.
The market size of the Legal Activities industry in Germany has been declining at a CAGR of 1.4 % between 2021 and 2026.
Over the next five years, the Legal Activities industry in Germany is expected to grow.
The biggest companies operating in the Legal Activities industry in Germany are Freshfields Bruckhaus Deringer, CMS Hasche Sigle and Hengeler Mueller
Inheritance and Family Law and Employment and Trade Union Law are part of the Legal Activities industry in Germany.
The company holding the most market share in the Legal Activities industry in Germany is Freshfields Bruckhaus Deringer.
The level of competition is high and increasing in the Legal Activities industry in Germany.