Revenue for the Attorneys industry in China is set to increase 8% 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...purchase to read more.

Industry Statistics & Market Size
Revenue
$11bn
Annual Growth 12-17
8.5%
Forecast Growth 17-22
Profit
Employment
304,600
Businesses
17,625

Industry Report - Industry Key Buyers Chapter

Industry concentration within the Attorneys industry in China is low. The combined market share of the top four players in the industry in terms of sales revenue is expected to be about 13.4% in 2017. This reflects the large number of small firms operating within the industry.The industry concentration level has shown an increasing trend in recent years, reflecting the business expansion of large players.Industry concentration is expected to increase slowly in the near future as larger firms continue to expand through mergers or the establishment of branch offices across China...purchase 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..

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    What's in this report

    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

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    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 profitabilityEnterprises 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

  • 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
    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
    Dacheng Law Offices, King & Wood PRC Lawyers, Grandall Legal Group, Jun He Law Offices, Duan & 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

  • 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
    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
    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.
  • What Our Customers Say

    Why buy this report?

    The Attorneys market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

    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.

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