In
the B2C legal market place, clients are seeking assistance from non-lawyer
professionals. Non-lawyer professionals include paralegal technicians, legal
document preparers, legal self-help websites, virtual assistants and offshore
legal vendors. These new sources are enabling disadvantaged populations to
access legal services at affordable rates to deal with legal issues in their
professional and personal lives. Since legal services costs are rising, new legal
delivery models are emerging to offer affordable legal services to a large
proportion of population.
THE
BUSINESS RESEARCH COMPANY VALUED THE GLOBAL B2C LEGAL SERVICES MARKET AT $131
BILLION IN 2017
North
America was the largest geographic region in the market, accounting for more
than half of the global market. The USA
was the largest country accounting for nearly one-third of the global B2C legal
services market.
Order the report at: https://www.thebusinessresearchcompany.com/report/b2c-legal-services-global-market-report-2018
According to
The Business Research Company’s Consultant, Nitin Gianchandani, legal services
industry is experiencing a shift in the delivery model for legal services. It
involves outsourcing the work of attorneys, paralegals and other legal
professionals to companies located either domestically within the country or
overseas. Both onshore and offshore outsourcing is transforming legal services
to minimize costs and increase their in-house capabilities. For instance, many
companies in the US and the UK outsource legal services to countries such as
India, the Philippines and South Korea where employees earn 30 to 70% lower
wages, thus boosting the profits of legal services companies.
Download a sample of the report at:
https://www.thebusinessresearchcompany.com/sample.aspx?id=428&type=smp
Baker &McKenzie was the
largest player in the B2C legal services market, with revenues of $2.7 billion
in 2016. Baker & McKenzie’s growth strategy aims at diversification of the
firm to capitalize on growth opportunities across the globe. The firm aims to
increase its presence in the Asia Pacific and EMEA regions.
The B2C legal
services market comprises establishments offering practices deal with the body
of law that governs the disputes between individuals.
B2C Legal
Services Global Market Report 2018 is a detailed
report giving a unique insight into this market. The report is priced at $4000
for an individual user. To use across your office, the price is $6000 and $8000
if you wish to use across a multinational company.
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The Business Research Company
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The Business Research Company's management has more than 20 years
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