The 2020 Other Legal Services Market Research Report is one of the most comprehensive and in-depth assessments of the industry in the United States with over 100 data sets covering 2011-2024. This report includes updated 2020 and 5-year forecasts due to the impact of COVID-19.
This report includes historical and forecasted market size, product lines, profitability, financial ratios, BCG matrix, statistics by state, operating expense details, organizational breakdown, consolidation analysis, employee productivity, price inflation, pay bands for the top 20 industry jobs, trend analysis and forecasts on companies, locations, employees, payroll, and much more.
The Other Legal Services industry includes companies of legal practitioners (except lawyers and attorneys) primarily engaged in providing specialized legal or paralegal services for patents, real estate, land, and other topics.
This report was developed utilizing the results from extensive business surveys and econometrics. Professionals utilize this report for market sizing benchmarking, strategic planning, due diligence, cost-cutting, planning, understanding industry dynamics, evaluating opportunities, forecasting, streamlining, gap analysis, and other analyses.
Review the table of contents or download a sample report to see the data-rich insights, which leaders have come to depend on for their research, strategic, and benchmarking needs.
Below are a few of the hundreds of stats from the report:
INDUSTRY SIZE In 2019, industry sales were $17.8 billion Purchase now for historical and forecasted market size
INDUSTRY GROWTH Over the past 3 years, the industry has grown at an annual rate of 5.2% The report has historical, annual and forecasted growth rates
COMPANY GROWTH There are 11,624 companies in the industry Learn more about the historical and forecasted industry composition
SALES PER COMPANY In 2019, the average sales per company was $1.5 million Purchase now for historical and forecasted sales per company
INFLATION & PRICING 2020 forecasted inflation is 1.8% The report has historicals, 4 years of monthly figures, and the 5-year forecast
PROFITABILITY For unprofitable companies, the average net loss is -6.7% The report has more on market and profitability dynamics
RIGHTSIZING ANALYSIS Employee productivity is $200,617 Learn more about historical and forecasted employee productivity
EXPENSE BENCHMARKING 3.9% of expenses is spent on health insurance Benchmark against 24 other expense categories
OPERATING EXPENSES In 2019, industry operating expenses grew 3.7% Purchase now for historical and forecasted OPEX
PAYROLL In 2019, payroll per employee was $54,234 Get the full picture with historicals and the 2020 and 5-year forecasts
PAYROLL BY STATE California averages $66,377 in payroll per employee Purchase now for payroll stats on other states
JOB CATEGORIZATION BENCHMARKS 2.5% of employees in the industry are in management positions Benchmark against 13 other job categories
JOB CATEGORIZATION PAY RANGES The average industry hourly pay for office and administrative jobs is $21.84 Purchase now for the bottom 10%, 25%, average, top 75% and 90% pay ranges in 14 job categories
The above stats represent a small fraction of what you will find in this report.
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