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)
JACKSON LEWIS P.C.West Harrison, NY100 
MULTNOMAH BAR ASSOCIATIONPortland, OR38 
COVINGTON & BURLINGWashington, DC7 
LEWIS BRISBOIS BISGAARD & SMITHLos Angeles, CA5 
JENNER & BLOCKChicago, IL4 
DUANE MORRISPhiladelphia, PA2 
DAY PITNEYParsippany, NJ1 
UFCW LEGAL ASSISTANCE FUNDAtlanta, GA1 
STATE BAR OF MONTANAHelena, MT1 
360 MANAGEMENTChicago, IL1 
MANATT PHELPS & PHILLIPSLos Angeles, CA1 
ADAMS & REESENew Orleans, LA1 


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)
T. ROWE PRICE TRUST (NASDAQ: TROW)Baltimore, MD100 
COMBINED LAW ENFORCEMENT ASSOCIATIONS OF TEXASAustin, TX43 
MAUI JIMPeoria, IL3 
OXFORD CAPITAL GROUPChicago, IL1 
MASSACHUSETTS MUTUAL LIFE INSURANCESpringfield, MA0 
PHILADELPHIA JOINT BOARD WORKERS UNITEDPhiladelphia, PA0 
WESTERN LAND SERVICESLudington, MI0 
OHIO AFSCME CARE PLANCleveland, OH0 




.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
Actuate Law ACTUATE LAW
Legal services
01/20/2020
Navjoy Consulting Services ASSETGOV
Software as a Service, namely, providing online tools, asset management and tracking
01/16/2020
Marc J. Shuman & Associates BECAUSE, BIKERS MATTER!
Motorcycle accident cases
01/13/2020
LA Rue Homer C RAY COROLLARY INITIATIVE
01/06/2020


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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 repaid. 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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