Criminal Law Practices Global Market Report 2018
NEW YORK, Sept. 17, 2018 /PRNewswire/ -- Executive Summary
Criminal Law is a system of laws concerned with punishment of individuals who commit crime related to traffic, public order, property and people.
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The global criminal law practices market was valued at $42.4 billion in 2017. North America was the largest geographic region accounting for $21.0 billion or 0.5% of the global market. The USA was the largest country accounting for $17.1 billion or 0.4% of the global criminal law practices market.
Pressure to control costs have forced criminal law firms to move away from traditional by-the-hour billing models to alternative billing models. The new alternative billing models include fixed, flat blended and capped fees.
Many law firms are switching to alternative billing models to build long term relationships with clients and to maximize value they are offering to clients. According to a survey by the US law department, about 72.8% of fees paid to outside counsel was not based on standard hourly rates or the billable hours.Criminal Law Practices Market Global Report 2018 from The Business Research Company provides the strategists, marketers and senior management with the critical information they need to assess the global criminal law practices market.
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Description:
Where is the largest and fastest growing market for the criminal law practices? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The criminal law practices market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography. It places the market within the context of the wider professional services market, and compares it with other markets.
? The market characteristics section of the report defines and explains the market.
? The market size section gives the market size ($b) covering both the historic growth of the market and forecasting the future. Drivers and restraints looks at the external factors supporting and controlling the growth of the market.
? Market segmentations break down market into sub markets.
? The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers all the regions, key developed countries and major emerging markets. It draws comparisons with country populations and economies to understand the importance of the market by country and how this is changing.
? Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
? The trends and strategies section highlights the likely future developments in the market and suggests approaches companies can take to exploit this.
? The criminal law practices market section of the report gives context. It compares the criminal law practices market with other segments of the criminal law practices market by size and growth, historic and forecast. It analyses Expenditure Per Capita, The Criminal Law Practices Market Indicators Comparison.
Scope
Markets Covered:
Companies Mentioned: Baker & McKenzie, Clifford Chance, Allen & Overy, Sidley Austin, Gibson Dunn & Crutcher
Countries: Brazil, China, France, Germany, India, Italy, Japan, Spain, Russia, UK, USA and Australia.
Regions: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East And Africa
Time series: Five years historic and forecast.
Data: Ratios of market size and growth to related markets, GDP, Expenditure Per Capita, The Criminal Law Practices Market Indicators Comparison.
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
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