You are here:
  1. Home
  2. Support services
  3. Research trends
  4. Market assessment report 2012/13

Market assessment report 2012/13

15 August 2013

A Law Society project team has produced a series of assessments of the shape, nature and size of the legal services market in UK/England and Wales and the factors likely to drive change in the future.

The assessment reports

The assessment findings are being published in three reports:

  1. An overview of the market as a whole - available now
    This includes analysis of materials relating to the full legal services market from both supply and demand perspectives, and including all providers of legal services.
  2. The four most significant sectors within the market - available now
    This includes top 200 law firms, the wider market of solicitor-led firms outside of this group, in-house lawyers and barristers and other advocates
  3. 12 key areas of work - available now 
    This covers areas such as residential conveyancing, corporate practice, IP and employment law, selected by contribution to total turnover generated by solicitor/SRA-regulated entities.

Each report provides a thorough synthesis of a broad range of sources of information about the market, and its submarkets, which are likely to be of interest to the Society’s members, non-solicitor suppliers and others interested in the dynamics of legal services provision.

Get a copy of the reports

The first and second reports in the series have now been published. A summary of the findings for each report is available below:

These reports are free for Law Society members. To request a copy of either or both reports, please send your name and SRA roll number via email to MarketAssessment2012@lawsociety.org.uk

Non-members can purchase the reports from the Law Society Bookshop, priced £99.

Scenarios for strategic planning

Building on the evidence gathered during the project the team has created four scenarios for what the legal services market might look like in 2025, using a structured scenario planning process. These have been designed to be used as a strategy planning tool for practical use by members (and others), as well as decision makers within the Law Society.

The scenarios, along with further tools and resources are available below:

Recommended

Conveyancing Quality Scheme Accreditation
Conveyancing Quality Scheme

Awarded to law firms that meet the required standards of technical expertise and client service in conveyancing with its CQS accreditation. Look out for it on Find a Solicitor search results.

Conveyancing Quality Scheme > More