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Real-Time Industrial Classifications

UK Legal Services Industry

Find out more about the UK’s Legal Services industry and the companies and firms providing family, employment, financial and other law services. View company data, industry trends, market size, financials and download our free sector report today.

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What is the Legal Services industry?

Legal Services refers to any legal service provided – including advice, consultancy or assistance – in any branch of law by a lawyer, barrister, solicitor or legal firm.

The UK Legal Services sector is a vibrant and expansive one, offering a wide range of legal services to businesses, individuals and public sector organisations alike. Not only does the Legal Services sector provide essential advice, consultancy and assistance to clients in relation to their legal needs, but the sector is also a major job creator, employing thousands of legal professionals across the country.

The UK Legal Services sector has long been one of the country’s biggest employers and contributors to the economy, with lawyers, barristers and solicitors providing a vital service to their clients. The sector can be divided into several different sub-sectors, including corporate and commercial law, employment law, family law, crime, regulation and property law, to name but a few.

Legal Services sector summary

Key information you should know about the Legal Services sector from our AI-driven platform of over 5 million companies:

  • Legal Services has turnover of £60.85bn, meaning it is our 23rd largest RTIC, and our 51st fastest growing sector.
  • The Legal Services sector has not received additional investor attention in recent years and the amount of venture capital funding is not increasing as fast as our other emerging economy sectors.
  • The Legal Services sector is one of the top 10 fastest growing recipients of Innovate UK grants.
10,249
COMPANIES CONSIDERED
£60.8bn
TOTAL TURNOVER
314,476
TOTAL EMPLOYEES
£711.4m
TOTAL INVESTMENT FUNDING
£2.2m
TOTAL INNOVATE UK GRANT FUNDING
1.4%
AVERAGE COMPANY GROWTH PER YEAR

Legal Services verticals

Our Legal Services RTIC is made up of 14 individual industry verticals, including verticals such as Business Structure and Regulation Advice , Consumer or Trading issues, Crime. You can find out more about the verticals by buying a report, visualising the sector on our platform, or by downloading the data.

  • Sector Code Description Records
  • RTIC0076 Legal Services 10047 companies

    Companies providing comprehensive legal assistance and representation across a diverse range of areas, including corporate law, consumer rights, criminal defense, family law, real estate, intellectual property, tax, and estate planning. These services cater to individuals, businesses, and organizations seeking expert advice, conflict resolution, and legal advocacy to navigate complex legal systems and protect their rights and interests.

    • Legal Services: Business Structure and Regulation Advice

      Companies specialising in guidance on business formation, corporate governance, and compliance with regulations.

      1235 companies
    • Legal Services: Consumer or Trading issues

      Companies focused on resolving disputes related to consumer goods, services, and trade practices.

      778 companies
    • Legal Services: Crime

      Companies offering defense and legal representation in criminal cases, from minor offenses to serious crimes.

      519 companies
    • Legal Services: Divorce

      Companies providing legal assistance in divorce proceedings, including asset division and custody arrangements.

      1165 companies
    • Legal Services: Employment

      Companies addressing workplace issues such as contracts, disputes, discrimination, and wrongful termination.

      1490 companies
    • Legal Services: Family

      Companies providing legal support for family-related matters like adoption, guardianship, and domestic relations.

      2053 companies
    • Legal Services: General

      Broad range of companies addressing legal services encompassing various aspects of law and legal advice.

      1851 companies
    • Legal Services: Housing/Business premises issue

      Companies specialising in real estate law, tenancy agreements, property disputes, and business premises issues.

      420 companies
    • Legal Services: Injury

      Companies representing clients in personal injury cases, including accidents, negligence, and compensation claims.

      863 companies
    • Legal Services: Intellectual Property

      Companies protecting and managing intellectual property rights such as patents, trademarks, and copyrights.

      805 companies
    • Legal Services: Mediation

      Companies facilitating dispute resolution through mediation, offering an alternative to traditional litigation.

      481 companies
    • Legal Services: SEN

      Companies providing legal services focusing on the rights and needs of individuals with special educational requirements.

      249 companies
    • Legal Services: Tax & Finance

      Companies expertising in tax law, financial planning, and resolving disputes with tax authorities.

      1123 companies
    • Legal Services: Wills, trusts, probate and estate administration

      Companies handling estate planning, wills, trusts, and the administration of deceased estates.

      2534 companies

Legal Services industry growth

We estimate that the UK Legal Services sector could be worth approximately £65.2bn by 2027, based on the compound annual growth rate (CAGR) of 1.4%. Below you can see the five year turnover forecast for the RTIC from 2023 to 2027.

Get your free Legal Services report

Dig deeper into the UK’s Legal Services economy with our free 2023 RTIC report, which includes:

– Summary of RTIC data & industry performance
– Overview of key verticals
– Geographic analysis & breakdown
– Key insights & trends

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Real-Time Industrial Classifications (RTICs)

At The Data City we’re mapping the emerging economy through accurate and reliable real-time data. We’ve produced Real-Time Industrial Classifications (RTICs) for some of the UK’s fastest growing sectors, across over 350 industry verticals, including the Legal Services industry.

Discover more RTICs and access our other free reports today.

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