UK Maritime, Shipping and Admiralty Law Market

01 Nov 2017

UK Maritime, Shipping and Admiralty Law Market a global leader

The UK Maritime, Shipping and Admiralty Law Market Briefing 2017 is the first edition of an annual Legal Market Briefing from IRN Research and provides an overview of the UK maritime, shipping and admiralty (MSA) law market.

The UK is a major global shipping hub and a major global hub for MSA work. The bulk of revenue earned by UK MSA legal practices comes from overseas clients and it is global, rather than UK, economic and shipping trends which drives this market. It is a market generating revenues in the region of £800 million annually.

UK law firms will continue to grow their MSA revenues in the coming five years, although three factors are clouding the future of the market: political uncertainty (e.g. Brexit); financial tensions; and the threat of protectionism and inward looking economic policies.    

The briefing (57pp, PDF), is available directly from IRN Research, priced at £180. UK sterling price is plus VAT so total price is £216.

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Key external links

Admirality Solicitors Group

London Maritime Arbitrators Association

 

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