Along the border: Higher corporate profit and a generally healthy economy will boost industry revenue

Despite growing corporate profit and total number of immigrants in the US, the Immigration Lawyers and Attorneys industry has slightly declined over the five years to 2017. Growth in the number of immigrants helped industry revenue grow during the latter portion of the period. Higher corporate profit, a generally healthy economy and the enforcement of stricter federal and state immigration laws are expected to prevent the industry from contracting over the five years to 2022. US employers are expected to turn to foreign workers once again, increasing requests for employer-sponsored visas...purchase to read more.

Industry Statistics & Market Size
Revenue
$5bn
Annual Growth 12-17
-0.2%
Forecast Growth 17-22
Profit
Employment
31,953
Businesses
10,599
Market Share of Companies
There are no companies with a dominant market share in this industry

Industry Threats & Opportunities

  • The total number of immigrants declined as a result of continued trepidation about the stability of the economy
  • The ever-evolving landscape of immigration leads to consistent demand for industry operators’ services
  • The USCIS will continue to cut into revenue from services previously offered by immigration lawyers
  • Industry Report - Industry Locations Chapter

    Immigration law offices are often located in urban areas with high population and strong business centers. As the greatest bulk of industry revenue stems from those obtaining legal permanent residency and naturalizations, as well as employment-based visas that must be filed by the employers, law offices open in regions with larger populations and areas that serve as historic centers of immigration, such as New York City.Accounting for an estimated 22.5% of all immigration law offices, the Southeast is home to the highest concentration of establishments in the country. The state of Florida, which is located in the region, is home to 9.5% of total industry establishments. Thi...purchase to read more.

    Additional Insights for the Immigration Lawyers & Attorneys Industry

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

  • Experienced work force
  • Having a high prior success rate
  • Possession of comprehensive and accurate information
  • IBISWorld analysts also discuss how external factors such as Corporate profit and Number of immigrants in the Immigration Lawyers & Attorneys industry impact industry performance..

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    What's in this report

    What is the Immigration Lawyers & Attorneys Industry?

    Firms in this industry offer services related to the legal status of individuals, including citizenship and visa services.

    Industry Products
  • Family-sponsored immigrants
  • Employment-based immigrant visas
  • Diversity programs
  • Refugees and Asylees
  • Other categories
  • Industry Activities
  • Provide legal advice about the ability to reside in the country
  • Collect and submit appropriate documentation to prove a case
  • Helps obtain the type of documentation needed to legally reside within the country
  • Obtain immediate access to citizenship in emergency situations
  • Represent clients in court
  • Assist with citizenship tests
  • Defend a person's case to prevent him or her from being deported
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Corporate profit
  • Number of immigrants
  • Per capita disposable income
  • Percentage of services conducted online

  • Current Performance
  • Sluggish revenue growth
  • Stricter state immigration legislation
  • Chart: Revenue Growth

  • Industry Outlook
  • Technology challenges the industry
  • The battle of H-1B
  • Deferred action for children arrivals program
  • Table: Immigration Lawyers & Attorneys Industry Revenue Outlook

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

  • Supply Chains
    Key Buying Industries
  • Finance and Insurance
  • Professional, Scientific and Technical Services
  • Public Administration
  • Consumers

  • Key Selling Industries
  • Commercial Leasing
  • Computer Stores
  • Office Furniture Manufacturing
  • Office Supply Stores
  • Security Software Publishing
  • Software Publishing

  • Products & Services
  • Family-sponsored immigrants
  • Refugees and Asylees
  • Employment-based immigrant visas
  • Diversity programs
  • Other categories
  • Chart: Immigration Lawyers & Attorneys Industry Products and Services Segmentation

  • Demand Determinants
  • Disposable income
  • Corporate profit
  • Legal environment
  • Current events

  • Major Markets
  • Persons seeking naturalizations
  • Persons seeking adjustment of status LPR
  • New arrivals LPR
  • Nonimmigrants
  • Employers
  • Refugees and asylees
  • Chart: Major Market Segmentation for the Immigration Lawyers & Attorneys Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Wages
  • Profit
  • Chart: Cost Structure Benchmarking – Sector vs Immigration Lawyers & Attorneys

  • Basis of Competition
    External competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Immigration Lawyers & Attorneys Industry

  • Industry Globalization
    There are no major players in this industry. This report includes analysis of other companies.
    Capital Intensity
  • Chart: Level of Capital Intensity for the Immigration Lawyers & 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 Immigration Lawyers & Attorneys Industry
    Includes:
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)
  • Number of immigrants (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Asylee
  • An alien in the United States or at a port of entry who is found to be unable or unwilling to return to his or her country of nationality because of persecution or a well-founded fear of persecution.
  • Legal Permanent Residents
  • People who have been granted lawful permanent residence in the United States.
  • Naturalizations
  • Persons aged 18 and over who become citizens of the United States.
  • Nonimmigrant
  • Foreign nationals granted temporary admission into the United States, for business or pleasure.
  • Nonimmigrant Admissions
  • Nonimmigrant admissions refer to arrivals of persons who are authorized to stay in the United States for a limited period of time.
  • Passport
  • The legal document issued by a home country granting its citizens permission to travel abroad and to return home.
  • Refugees And Asylees
  • Refugees and asylees are persons who sought residence in the United States in order to avoid persecution in their country of origin.
  • Visa
  • A stamp placed in a foreign passport by an American consular officer permitting entrance into the US within a specified time period.
  • What Our Customers Say

    Why buy this report?

    The Immigration Lawyers & Attorneys industry market report contains data and analysis of the most influential current and future trends shaping the industry. IBISWorld’s in-depth industry market research is presented in a logical, user-friendly format, and provides growth and profit forecasts for a five-year outlook period.

    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 Immigration Lawyers & 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 Immigration Lawyers & 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 Immigration Lawyers & Attorneys, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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