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Ground-breaking Telematics Set to Enter Canadian Marketplace
CNW Group - Thu Sep 19, 6:36AM CDT
Insurance Brokers making consumer choice and protection a priority as IBAO and Quindell set to enter partnership as car insurance technology evolves
UK Legal Services Market Report 2013
M2 - Thu Aug 22, 4:26AM CDT
Research and Markets (http://www.researchandmarkets.com/research/c7xnq5/uk_legal_services) has announced the addition of the "UK Legal Services Market Report 2013" report to their offering. Some Improvement In Revenues In 2013 And 2014 But Consolidation Across The Board From Large Law To The High Street The UK Legal Services Market Report 2013 provides a market review of the UK legal services market. Amidst all the changes in the legal market, one thing that stands out about the last 12 months has been the pace of M&A activity and not just involving larger law firms. Some larger firms are using M&A to grow their market share globally. Others in the private client sector are focusing on the UK and particularly in segments such as personal injury and corporate work. Smaller law firms often see M&A as a defensive measure to join forces and deal more effectively with the challenges of the new legal market. M&A activity on the legal high street has been limited until now but this looks set to change. Annual growth of only 1.6% in market value in 2012 suggests that the recovery in the legal market is still struggling to gather pace. In 2013, revenue growth in the UK legal services market overall is likely to show some improvement over 2012 although market growth will still be modest. Stronger growth is expected in 2014. There are almost 12,000 law firms in the UK. Numerically, the sector may be dominated by small firms but, in revenue terms, power is heavily concentrated amongst the top players. The top 200 law firms claimed 53% of private practice revenues generated in the UK in 2012. Lower down the market many medium and smaller law firms are struggling to grow revenues significantly and are working on low margins and financial pressures. Key issues impacting on the market in the next year or so include: the referral fee ban and changes to the no win, no fee regime in the personal injury market; legal aid funding cuts and a potential reduction in the number of providers able to be licensed for criminal legal aid; client demand for more fixed-fee pricing models, or at least more flexible pricing models; further financial pressures on some law firms. Key Topics Covered: Executive Summary 1. Industry Overview 2. Key Trends 3. Selected Bodies and Associations in Legal Services 4. PEST Analysis 5. IRN Primary Research - In-house Counsel 6. Competitive Structure 7. Future Trends Companies Mentioned - Allen & Overy - BGL Group - Clifford Chance - Clyde & Co - Cooperative Legal Services - DLA Piper - DWF - Freshfields Bruckhaus Deringer - Irwin Mitchell - Linklaters - Parabis Law - Pinsent Masons - Quindell Portfolio - RPC - Slater & Gordon Lawyers - Stewarts Law - Wedlake Bell For more information visit http://www.researchandmarkets.com/research/c7...l_services About Research and Markets Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Ground-breaking Telematics Set to Enter Canadian Marketplace
CNW Group - Thu Sep 19, 6:36AM CDT
Insurance Brokers making consumer choice and protection a priority as IBAO and Quindell set to enter partnership as car insurance technology evolves
UK Legal Services Market Report 2013
M2 - Thu Aug 22, 4:26AM CDT
Research and Markets (http://www.researchandmarkets.com/research/c7xnq5/uk_legal_services) has announced the addition of the "UK Legal Services Market Report 2013" report to their offering. Some Improvement In Revenues In 2013 And 2014 But Consolidation Across The Board From Large Law To The High Street The UK Legal Services Market Report 2013 provides a market review of the UK legal services market. Amidst all the changes in the legal market, one thing that stands out about the last 12 months has been the pace of M&A activity and not just involving larger law firms. Some larger firms are using M&A to grow their market share globally. Others in the private client sector are focusing on the UK and particularly in segments such as personal injury and corporate work. Smaller law firms often see M&A as a defensive measure to join forces and deal more effectively with the challenges of the new legal market. M&A activity on the legal high street has been limited until now but this looks set to change. Annual growth of only 1.6% in market value in 2012 suggests that the recovery in the legal market is still struggling to gather pace. In 2013, revenue growth in the UK legal services market overall is likely to show some improvement over 2012 although market growth will still be modest. Stronger growth is expected in 2014. There are almost 12,000 law firms in the UK. Numerically, the sector may be dominated by small firms but, in revenue terms, power is heavily concentrated amongst the top players. The top 200 law firms claimed 53% of private practice revenues generated in the UK in 2012. Lower down the market many medium and smaller law firms are struggling to grow revenues significantly and are working on low margins and financial pressures. Key issues impacting on the market in the next year or so include: the referral fee ban and changes to the no win, no fee regime in the personal injury market; legal aid funding cuts and a potential reduction in the number of providers able to be licensed for criminal legal aid; client demand for more fixed-fee pricing models, or at least more flexible pricing models; further financial pressures on some law firms. Key Topics Covered: Executive Summary 1. Industry Overview 2. Key Trends 3. Selected Bodies and Associations in Legal Services 4. PEST Analysis 5. IRN Primary Research - In-house Counsel 6. Competitive Structure 7. Future Trends Companies Mentioned - Allen & Overy - BGL Group - Clifford Chance - Clyde & Co - Cooperative Legal Services - DLA Piper - DWF - Freshfields Bruckhaus Deringer - Irwin Mitchell - Linklaters - Parabis Law - Pinsent Masons - Quindell Portfolio - RPC - Slater & Gordon Lawyers - Stewarts Law - Wedlake Bell For more information visit http://www.researchandmarkets.com/research/c7...l_services About Research and Markets Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
