B2B drives market demand, with B2B spending representing 64.8% of total demand in 2022. Latham & Watkins LLP is the largest company in the US, generating 0.5% of the industry’s total turnover value in 2022. The industry is fragmented, with the top five companies generating 1.6% of total production value in 2022. The total number of companies increases in 2022, to 369,789 units. The costs of the industry increase by 8.3% in 2022, largely driven by rising B2B costs. The industry’s profitability decreases and stands at 33.8% of turnover in 2022, the 14th highest across the top 20 developed countries. With turnover of USD403 billion, the US accounts for 95.4% of the North America total in 2022.
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This Euromonitor industrial report provides unique information on Legal Services in the US: ISIC 7411. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Legal Services in the US: ISIC 7411 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of accounting and auditing, advertising, architectural and engineering services, building-cleaning services, business and management consultancies, computer and related services, investigation and security services, legal services and other business services.
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