IncFact
Company Profiles: Revenue, Growth, Competition

Legal Services Industry

NAICS: 5411

Contents

.Legal Services Market Share: Largest Companies in the Legal Services Industry

Company HeadquartersRevenue ($ MM)
OHIO AFSCME LEGAL CARE PLANCleveland, OH100 
UFCW LEGAL ASSISTANCE FUNDAtlanta, GA60 
CHG COMPANIESMidvale, UT28 
PROFESSIONAL LAW ENFORCEMENT ASSOCIATIONTroy, MI23 
CO STATE FRATERNAL ORDER OF POLICEWestminster, CO20 
LATHAM & WATKINSLos Angeles, CA20 
GREENBERG TRAURIGDoral, FL18 
JONES DAYCleveland, OH18 
KIRKLAND & ELLISChicago, IL16 
CONNECTICUT LABORERS' LEGAL SERVICES FUNDRocky Hill, CT14 
K&L GATESPittsburgh, PA14 
SKADDEN ARPS SLATE MEAGHER & FLOMNew York, NY13 


See exact company revenues in this list


This is a list of the largest companies active in the Legal Services industry. This differs from market share in the following example: One business with revenues of $100 million generates 10% of its business from the Legal Services industry. A second firm, with revenues of $20 million, generates all of its business from this industry. In our list, we show the businesses having revenues of $100 million and $20 million, respectively. However, the market share would compare the $10 million in industry-specific revenue to the $20 million: the second company has twice the market share even though it is "smaller" in size.


.Additional Companies Operating in the Legal Services Industry

Company HeadquartersRevenue ($ MM)
MASSACHUSETTS MUTUAL LIFE INSURANCESpringfield, MA100 
COMBINED LAW ENFORCEMENT ASSOC. OF TEXASAustin, TX17 
T. ROWE PRICE TRUST (NASDAQ: TROW)Baltimore, MD15 
DISTRICT 1199C LEGAL SERVICES PLANPhiladelphia, PA5 
BLUE CROSS & BLUE SHIELD OF KANSAS CITYKansas City, MO5 
SAN ANTONIO POLICE OFFICERS & FIREFIGHTERS PREPAID LEGAL PLAN & TRUSTSan Antonio, TX4 
CAVCO INDUSTRIES (NASDAQ: CVCO)Phoenix, AZ3 
GOLDS HOLDINGDallas, TX2 




.Growth: Fastest Growing Legal Services Companies

A list of competitors in the Legal Services industry that are rapidly expanding. Businesses may grow organically or through acquisition. Typically, small or midsized companies are in "growth" mode and can expand more rapidly. However, large businesses may have the strategy and financial capabilities to scale rapidly. Businesses that employ a "roll-up" strategy make multiple acquisitions of smaller businesses to form a single large corporation that controls a greater market share than its competitors and benefits from economies of scale.

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. Latest Legal Services Trademark Applications

Trademark applications show the direction a company's marketing strategy is headed. Trademarks may include brand names, product names, logos, and slogans. This list identifies companies that are investing in new products or developing new marketing strategies.

Company TrademarkApplication Date
Deneau Law Firm PLLC #BRINGLAWON
Legal advice; Legal consultation services; Legal services
03/28/2019
Schoenberg Finkel Newman & Rosenberg N/A
03/28/2019
Foy & Associates PC JOHN FOY & ASSOCIATES PERSONAL INJURY LAW
03/28/2019
Lang & Klain P.C. CONSTRUCTION ADVISOR
Attorney services, namely, representation of clients in construction law matters
03/19/2019


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.Small Business Financing

Small businesses that have received financing may expand soon. Financing may be required for capital-intensive investments, such as real estate or equipment purchases. Legal Services businesses may use the financing to cover startup expenses or the costs of hiring new employees. Loans differ from equity investments in the level of risk that is expected: loans frequently have collateral either directly or implicitly through the business or the owners that ensure repayment. Equity investment has the possibility for much greater returns, but offers no guarantee the principle will be repayed. Convertible securities combine the two concepts, but is used by private-equity firms rather than main street startups.

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. Venture Funding

These Legal Services companies are actively raising capital from venture capital firms, private equity, or other investors. Businesses with venture funding generally have higher growth prospects, either through bringing new concepts to market, using innovative business practices, or savvy management.

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