Legal excellence, internationally renowned UK legal services 2021

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 £29.6 BILLION TO THE UK ECONOMY IN 2019

THERE ARE OVER 200 FOREIGN LAW FIRMS WITH OFFICES IN THE UK

THE REVENUE OF THE UK’S LARGEST 100 LAW FIRMS GREW BY 4% TO IN 2021 £28.8bn

THE UK RANKS SECOND GLOBALLY FOR LEGAL SERVICES FEE REVENUE

LEGAL SERVICES’ TRADE SURPLUS IN 2020 WAS A STRONG £5.6bn

PARTIES FROM 75 COUNTRIES USED THE COMMERCIAL COURTS IN 2020/21

Legal services make a strong contribution to UK regional employment and economic output

Legal services across the UK - 2019
Source: Office for National Statistics, Nomis, TheCityUK estimates
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