1、UK Legal Services Market ReportSummer 2025Strategy&|UK Legal Services Market ReportKey findings01The legal sector market remains fundamentally attractive502Corporate models are now more diverse and sophisticated,adding pressure on the LLPs703Tech is at a watershed,but few firms are standing out as l

2、eaders1004Were seeing a significant acceleration in investment into the sector1305Law firms will need to define a clear strategy,where they want to play,and how they expect to win162Strategy&|UK Legal Services Market ReportIntroduction3Law firms,in turn,are reassessing partnership economics,refining

3、 operating models and reviewing their organic(and inorganic)growth strategies.This report sets out the factors that make the UK legal market attractive to both law firms and investors.It maps the biggest opportunities available,the key risks that need to be considered,and which strategies appear poi

4、sed to best capitalise on this exciting and evolving sector.The landscape of providers is highly diverse.The 2011 liberalisation of the UK legal market enabled an influx of private capital and supported the emergence of new business models.Alongside this,the sector has been undergoing digital transf

5、ormation.Technology has lifted productivity yet demands sustained investment;investment that is set to rise as law firms increasingly adopt AI tools Combined,these forces have deepened investor appetite for corporatised law firms that can deploy capital over longer horizons and lead consolidation th

6、rough M&A.9kFirms40bnMarket size5%p.a.growth expected 2024-29The UK legal services market is one of the most significant contributors to the national economy,generating over 40bn annually and employing more than 300,000 professionals.21%p.a.growth of corporatised law firms from 2022-2411%Of hours co