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Legal Activities and Services Market in South Africa 2019: Competition is on the Rise and Law Firms are Attempting to Incorporate Disruptive New Legal Technologies

Dublin, Sept. 18, 2019 (GLOBE NEWSWIRE) -- The "Legal Activities and Services in South Africa 2019" report has been added to ResearchAndMarkets.com's offering.

Legal Activities and Services:

The legal activities and services sector in South Africa plays a vital role in upholding the rule of law and promoting the fair, democratic, and equitable functioning of the country. Law firms provide knowledge-intensive business service, and this report offers an overview of South Africa's legal profession, as well as the role and benefits of knowledge management in the sector. While somewhat exposed to South Africa's poor economy, the legal services sector enjoys a stable base of companies seeking compliance and advisory services in the face of new legislation and a shifting regulatory framework. Competition is on the rise and law firms are attempting to incorporate disruptive new legal technologies in pursuit of increasingly efficient operating processes and value-oriented client services.

Growth Drivers:

Political uncertainty and the poor economy have affected the profession, notably pressuring M&A activity, but demand for legal services is generally on the rise. The introduction of new legislation and an increasing regulatory and compliance load is driving companies to seek legal advice. Judicial inquiries into state capture, widespread corruption, the mismanagement of state-owned entities, potential amendment of the Constitution to allow for the expropriation of land and property without compensation are also set to bring potentially significant changes to South Africa's law. Competition is on the rise, with the majority of large audit and consultancy firms now operating legal divisions and a host of smaller companies developing innovative legal services, leveraging new legal technologies, and offering increased flexibility and relatively lower costs to potential clients. The large law firms are also adapting, attempting to streamline their businesses and incorporate new technologies into their traditional operating models.

Report Coverage:

This report on the legal activities and services sector, including knowledge management, includes comprehensive information on the nature, size and status of the sector, and the factors and trends that influence it. It includes the latest information on the number and size of law firms, practising lawyers and candidate attorneys, and scope of fees. There are profiles of 28 firms including the big players, Norton Rose Fulbright, Bowmans, Webber Wentzel, ENSafrica and Werksmans, as well as smaller firms and those focusing on specific areas such as Adams & Adams and von Seidels, that are known for their focus on intellectual property.

Key Topics Covered:

1. INTRODUCTION

2. DESCRIPTION OF THE INDUSTRY
2.1. Industry Value Chain
2.2. Geographic Position

3. SIZE OF THE INDUSTRY

4. STATE OF THE INDUSTRY
4.1. Local
4.1.1. Corporate Actions
4.1.2. Regulations
4.1.3. Enterprise Development and Social Economic Development
4.2. Continental
4.3. International

5. INFLUENCING FACTORS
5.1. Economic Environment
5.2. Operating Costs
5.3. Labour
5.4. Environmental Concerns
5.5. Technology, Research and Development (R&D) and Innovation

6. COMPETITION
6.1. Barriers to Entry

7. SWOT ANALYSIS

8. OUTLOOK

9. INDUSTRY ASSOCIATIONS

10. REFERENCES
10.1. Publications
10.2. Websites

COMPANY PROFILES

  • Adams & Adams
  • Edward Nathan Sonnenbergs Inc
  • Webber Wentzel
  • Bowman Gilfillan Inc
  • Cliffe Dekker Hofmeyr Inc
  • Norton Rose Fulbright South Africa Inc
  • Werksmans Inc
  • Spoor & Fisher
  • Hogan Lovells (South Africa) Inc
  • Shepstone & Wylie Attorneys
  • Bell Dewar Inc
  • Garlicke and Bousfield Inc
  • Fluxmans Inc
  • Smith Tabata Buchanan Boyes Inc
  • Fairbridge Arderne and Lawton Inc
  • Livingston Leandy Inc
  • Knowles Husain Lindsay Inc
  • Cox Yeats Attorneys
  • Daly Maqubela Oliphant Inc
  • Gildenhuys Malatji Inc
  • Baker and McKenzie Inc
  • Goldberg and de Villiers Inc
  • Stowell and Co Inc
  • Werthschroder Inc
  • Allen and Overy (South Africa) Inc
  • D M Kisch Inc
  • Von Seidels Intellectual Property Attorneys
  • Hahn and Hahn Inc

For more information about this report visit https://www.researchandmarkets.com/r/zft5xg

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