Industry Statistics and Rankings
How does this industry perform in Serbia compared to Europe?
Country Benchmarking
Industry Data Serbia
Ranking are out of 37 European countries for which IBISWorld provides country-level factsheets.
Revenue
#34 In EuropeBusiness
#35 In EuropeEmployees
#34 In EuropeWages
#34 In EuropeThe Legal Activities in Serbia ranks 34 in Europe with regards to its 2024 revenue (€55.4m). Revenue received by operators in Serbia has been low in volatility over the past five-year period, with the average annual change in revenue (2.6 %) most comparable to...
Enterprises
Number of businesses in 2024
Revenue per Enterprise
Value (€ Million) in 2024
Top Questions Answered in this Report
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What is the market size of the Legal Activities industry in Serbia in 2024?
The market size of the Legal Activities industry in Serbia is €55.4m in 2024.
How many businesses are there in the Legal Activities in Serbia industry in 2024?
There are 91 businesses in the Legal Activities industry in Serbia, which has declined at a CAGR of 0.0 % between 2019 and 2024.
Has the Legal Activities industry in Serbia grown or declined over the past 5 years?
The market size of the Legal Activities industry in Serbia has been declining at a CAGR of 2.6 % between 2019 and 2024.
What is the forecast growth of the Legal Activities industry in Serbia over the next 5 years?
Over the next five years, the Legal Activities industry in Serbia is expected to grow.
What does the Legal Activities in Serbia include?
Advising on corporate law and Advising on personal law are part of the Legal Activities industry.
How competitive is the Legal Activities industry in Serbia?
The level of competition is moderate and steady in the Legal Activities industry in Serbia.
Related Industries
This industry is covered in 37 countries
Domestic industries
Competitors
Complementors
- Direct Real Estate Activities in Serbia
- Third-Party Real Estate Activities in Serbia
- Accounting & Auditing in Serbia
- Management Consultants in Serbia
Table of Contents
About this industry
Industry definition
Industry firms provide legal advice and representation before courts and other judicial bodies, in relation to civil and criminal matters and labour disputes. They are also involved in drawing up legal documents like deeds, wills and trusts, as well as commercial and intellectual property documents including articles of incorporation, copyright and patents.
What's included in this industry?
Advising on corporate lawAdvising on personal lawAdvising on property lawAdvising on administrative and constitutional lawAdvising on employment lawAdvising on criminal lawAdvising on intellectual property lawAdvising on immigration and nationality lawIndustry Code
691 - Legal activities in Serbia
Performance
Revenue Highlights
Trends
- Revenue
- 2024 Revenue Growth
- Revenue Volatility
Employment Highlights
Trends
- Employees
- Employees per Business
- Revenue per Employee
Business Highlights
Trends
- Businesses
- Employees per Business
- Revenue per Business
Current Performance
Charts
- Revenue in the Legal Activities in Serbia
- Employees in the Legal Activities in Serbia
- Business in the Legal Activities in Serbia
- Profit in the Legal Activities in Serbia
Current Performance
Analysis
How does this country's performance compare to Europe?
Life Cycle
Charts
- Industry Life Cycle Matrix
Products and Markets
Highlights
Trends
- Largest Market
- Product Innovation
International Trade
Heat maps
- Industry Concentration of Imports by Country
- Industry Concentration of Exports by Country
Competitive Forces
Highlights
Trends
- Concentration
- Competition
- Barriers to Entry
- Substitutes
- Buyer Power
- Supplier Power
ANALYSIS
What is the competitive landscape in Europe?
External Environment
Highlights
Trends
- Regulation & Policy
- Assistance
Key Takeaways
Law firms face stringent regulations. To carry out industry services and practice law, employees must be qualified and follow the relevant standards of conduct in specific European countries.
External Drivers
Analysis
What demographic and macroeconomic factors impact the Legal Activities in Serbia industry?
Financial Benchmarks
Highlights
Trends
- Profit Margin
- Average Wage
- Largest Cost
Key Takeaways
Despite economic challenges and inflation, legal services maintain healthy profitability. This is due to their high markup, reputable firms' involvement in high-profile cases and efficient use of technologies like AI and cloud-based services.
Cost Structure
Charts
- Share of Economy vs. Investment Matrix
-
Industry Cost Structure Benchmarks:
- Marketing
- Depreciation
- Profit
- Purchases
- Wages
- Rent
- Utilities
- Other
Analysis
What trends impact cost in the Legal Activities in Serbia industry?
Key Ratios
Data tables
- IVA/Revenue (2014-2029)
- Imports/Demand (2014-2029)
- Exports/Revenue (2014-2029)
- Revenue per Employee (2014-2029)
- Wages/Revenue (2014-2029)
- Employees per Establishment (2014-2029)
- Average Wage (2014-2029)
Country Benchmarks
European Leaders & Laggards
Data Tables
Top and boottom five countries listed for each:
- Revenue Growth (2024)
- Business Growth (2024)
- Job Growth (2024)
European Country Performance
Data Tables
Rankings available for 37 countries. Statistics ranked include:
- IVA/Revenue (2024)
- Imports/Demand (2024)
- Exports/Revenue (2024)
- Revenue per Employee (2024)
- Wages/Revenue (2024)
- Employees per Establishment (2024)
- Average Wage (2024)
Structural Comparison
Data Tables
Trends in 37 countries benchmarked against trends in Europe
- Concentration
- Competition
- Barriers to Entry
- Buyer Power
- Supplier Power
- Volatility
- Capital Intensity
- Innovation
- Life Cycle
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2014-2029)
- IVA (2014-2029)
- Establishments (2014-2029)
- Enterprises (2014-2029)
- Employment (2014-2029)
- Exports (2014-2029)
- Imports (2014-2029)
- Wages (2014-2029)
Methodology
Where does IBISWorld source its data?
IBISWorld is a world-leading provider of business information, with reports on 5,000+ industries in Australia, New Zealand, North America, Europe and China. Our expert industry analysts start with official, verified and publicly available sources of data to build an accurate picture of each industry.
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and IBISWorld's proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools.
To learn more about specific data sources used by IBISWorld's analysts globally, including how industry data forecasts are produced, visit our Help Center.
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