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.
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
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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.
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Legal Services: Business Structure and Regulation Advice1235 companies
Companies specialising in guidance on business formation, corporate governance, and compliance with regulations.
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Legal Services: Consumer or Trading issues778 companies
Companies focused on resolving disputes related to consumer goods, services, and trade practices.
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Legal Services: Crime519 companies
Companies offering defense and legal representation in criminal cases, from minor offenses to serious crimes.
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Legal Services: Divorce1165 companies
Companies providing legal assistance in divorce proceedings, including asset division and custody arrangements.
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Legal Services: Employment1490 companies
Companies addressing workplace issues such as contracts, disputes, discrimination, and wrongful termination.
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Legal Services: Family2053 companies
Companies providing legal support for family-related matters like adoption, guardianship, and domestic relations.
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Legal Services: General1851 companies
Broad range of companies addressing legal services encompassing various aspects of law and legal advice.
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Legal Services: Housing/Business premises issue420 companies
Companies specialising in real estate law, tenancy agreements, property disputes, and business premises issues.
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Legal Services: Injury863 companies
Companies representing clients in personal injury cases, including accidents, negligence, and compensation claims.
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Legal Services: Intellectual Property805 companies
Companies protecting and managing intellectual property rights such as patents, trademarks, and copyrights.
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Legal Services: Mediation481 companies
Companies facilitating dispute resolution through mediation, offering an alternative to traditional litigation.
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Legal Services: SEN249 companies
Companies providing legal services focusing on the rights and needs of individuals with special educational requirements.
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Legal Services: Tax & Finance1123 companies
Companies expertising in tax law, financial planning, and resolving disputes with tax authorities.
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Legal Services: Wills, trusts, probate and estate administration2534 companies
Companies handling estate planning, wills, trusts, and the administration of deceased estates.
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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
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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