Overview

IBISWorld’s 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

Industry Analysis & Industry Trends

Revenue for the Attorneys industry in China is set to increase 7.7% in 2017 to $10.6 billion, with annualized growth of 8.5% since 2012. Employee numbers and wages have been growing in line with revenue over the period. There are about 304,600 employees in this industry, with an estimated payroll of $3.3 billion.

The number of law firm enterprises in China has been increasing from 15,955 in 2012 to about 17,625 in 2017. Over 70% of law firms in China are partnerships. They provide legal services for litigation in civil, commercial and criminal actions.

Increasing merger and acquisition activities have promoted the development of the industry. Also, people in China are gradually becoming more aware of the importance of legal services...

shopping_cartBUY NOW TO READ MORE

Industry Report - Industry Analysis Chapter

Due to substantial domestic demand and the increasing number of law firms in China, revenue for the Attorneys industry in China is showing strong annualized growth of 8.5% during the five years through 2017.

In 2017, revenue is estimated to grow 7.7%. As the industry matured and the level of professionalism rose, so too did the fees that firms can charge. With the improvements in the quality of legal services provided, legal fees are rising. Furthermore, with the developing business environment in China, corporations have been calling for more professional dispute resolution assistance, a move that has greatly promoted the demand for this industry service segment.

Generally, court cases can be divided into three types: civil action, commercial action and criminal action. The..

shopping_cartBUY NOW TO READ MORE

Additional Insights for the Attorneys Industry

IBISWorld identifies 250 Key Success Factors for a business.The most important for the Attorneys Industry are

  • Experienced work force
  • Having a well-defined strategy
  • Proximity to key markets
  • IBISWorld analysts also discuss how external factors such as Number of Laws and Business Bankruptcies in the Attorneys industry impact industry performance..

    shopping_cartBUY NOW TO READ MORE

    Look under the hood?

    Download a FREE sample report

    Industry Products

    What is the Attorneys Industry?

    The Attorneys industry in China comprises independent establishments providing specialized legal and paralegal services, including law firms, legal aid offices and legal agents. Notarization, conciliation, arbitration or legal services provided by in-house legal teams are not included in this report.

    Industry Products
    Commercial legal services
    Civil legal services
    Criminal legal services
    Non-litigious legal services
    Industry Activities
    Practicing criminal, civil, administrative and economic law
    Providing legal aid
    Investigation, evidence obtainment and evaluation related to lawsuits
    Consultation and legal document drafting
    Conveyancing
    Other legal agent activities

    Table of Contents

    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Number of Laws
  • Business Bankruptcies
  • Civil Cases Commenced - District Courts
  • Economic Indicators - Initial Public Offerings
  • Penal Convictions

  • Current Performance
  • Industry profitability
  • Enterprises and employment
  • Chart: Revenue Growth

  • Industry Outlook
  • Table: Attorneys Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Attorneys Industry Lifecycle vs The Economy

  • Products & Markets
    Supply Chains
    Key Buying Industries
  • Construction
  • Information Transmission, Computer Services and Software
  • Financial Intermediation
  • Leasing and Business Services
  • Public Administration and Social Organizations
  • Households

  • Key Selling Industries
  • Computer Stores
  • Office Supply Stores
  • Realty Management

  • Products & Services
  • Commercial legal services
  • Civil legal services
  • Non-litigious legal services
  • Criminal legal services
  • Other
  • Chart: Attorneys Industry Products and Services Segmentation

  • Demand Determinants
  • Economic factors
  • Changes of laws and regulations
  • Criminal activity
  • Litigation activity
  • Rising legal consciousness
  • International demand

  • Major Markets
  • Businesses
  • Households
  • Government
  • Chart: Major Market Segmentation for the Attorneys Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Wages
  • Purchases
  • Rent
  • Depreciation
  • Other
  • Chart: Cost Structure Benchmarking – Sector vs Attorneys

  • Basis of Competition
  • Service quality and reputation
  • Service range
  • Service price
  • Geographic presence
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Attorneys Industry

  • Industry Globalization
    Major Companies
    Dacheng Law OfficesKing & Wood PRC LawyersGrandall Legal GroupJun He Law OfficesDuan & Duan Law Firm
  • Table: Dacheng Law Offices - financial performance
  • Table: King & Wood PRC Lawyers - financial performance
  • Table: Grandall Legal Group - financial performance
  • Table: Jun He Law Offices - financial performance
  • Table: Duan & Duan Law Firm - financial performance

  • Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Attorneys Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Key Statistics
    Table: Industry Data for the Attorneys Industry
    Includes:
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)
  • Total Assets (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Jargon & Glossary
    Conveyancing
  • The transfer of legal title of property from one person to another, or the granting of an encumbrance such as a mortgage.
  • Initial Public Offering (Ipo)
  • The issuing of a company's common stock to the public for the first time.
  • Misappropriation
  • The act of benefiting financially by using another person's or company's details, name or likeness without permission.
  • Why buy this report?

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Attorneys:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Attorneys market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Attorneys, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

    Join IBISWorld today

    Contact Us

    Want to speak to a representative? Call us.

    clear