Legal Services Market to Grow at 5.25% CAGR, Driven by Rising Demand for Specialized Legal Expertise
The global legal services market, valued at USD 1,051.39 billion in 2024, is projected to grow steadily, reaching USD 1,666.34 billion by 2033. This expansion represents a compound annual growth rate (CAGR) of 5.25% during the forecast period (2025-2033). The rising complexity of legal frameworks and increasing business transactions are driving the market’s growth.
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