Monthly Archives: March 2017

08

Mar 2017
by IRN Team
in Blog
No Comments
1024

UK Legal Services Revenue Declines in 2016 for First Time Since the Financial Crisis

The UK legal services market (including private practice firms, barristers, patent agents, and other legal services providers) was valued at an estimated £31.5bn in 2016 (Source: ONS) and this is a decrease from 2015. This is only the second annual decrease in the last decade with the previous one occurring during the financial crisis in 2009. The large law firms continued to see revenue growth ...

Read More

08

Mar 2017
by IRN Team
in News
No Comments
2725

IRN’s UK Legal Services Market Report 2017 published today

The key headlines from the 7th edition of the UK Legal Services Market report are: A decline in annual UK legal services market revenue overall for only the second time in the last decade but some sectors performing better than others Law firm numbers have declined by 6% since 2012 but little change in numbers in the last 2 years Consumer sectors like personal injury...

Read More