Our annual ‘Legal excellence, internationally renowned: UK legal services 2021’ report underscores the vital contribution that UK legal services makes to the financial and related professional services ecosystem and the wider economy.
This year’s report outlines how the UK’s legal services sector has continued to show resilience and agility in the face of economic headwinds caused by the global pandemic, while playing a key role in helping businesses in the UK and across the globe navigate the crisis. It also outlines details of the TheCityUK’s work towards maintaining the international competitiveness of the UK’s legal services sector.
Legal services employ 365,000 people, two thirds of whom are outside London
43,209 disputes were resolved by alternative dispute resolution in the UK
Legal services contributed £29.6BN to the UK economy in 2019
There are over 200 foreign law firms with offices in the UK
The revenue out of the UK's largest 100 law firms grew by 4% to £28.8BN in 2021
The UK ranks second globally for legal services fee revenue
legal serices' trade surplus in 2020 was a strong £5.6BN
parties from 75 countries used commercial courts in 2020/21
Legal services across the UK - 2019
Source: Office for National Statistics, Nomis, TheCityUK estimates
