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The report begins with an introduction to the hierarchical structure of the legal system followed in the country. The introduction section begins with a briefing on the concept of legal services and the types of legal services prevalent in the country. This is followed by a market overview section that provides a description of the Indian legal services market along with its market size and growth. It then narrows down to describe the types of legal services prevalent in the sector. A deliberation on the type of business model adopted in this sector constitutes the following topic of discussion. While the traditional partnership and limited liability partnership model continue to loom large in the sector, it is the innovative lockstep model that has been able to create ripples of legitimate compensation in the sector. The section gets concluded with a Porter's Five Forces analysis of the sector.
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Brief descriptions of the drivers that help the sector to prosper include demand from corporate entities, legal services related to products, legal services for accidents and lifestyle influences. Setting up an establishment in the Indian market makes it necessary for the companies to abide by all the legal regulations, not following of which makes the company accountable to the court of law. Starting with incorporation laws to that of franchising contracts to commercial trading services, a legal service provider gets sufficient fodder from this corner. Manufacturing activities resulting in the production of goods and services is another potential stimulant for this sector. As a product passes through the life-cycle of innovation to delivery, it gets encapsulated with a set of legal procedures. Packaging innovations to patents to the penultimate stage of pricing and distribution, a product is beset with paraphernalia of legal services, thus boosting its growth as manufacturing activity shoots up.
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Table Of Content
Page 1: Executive summary
Introduction
Page 2: Introduction - Indian Legal System
Page 3: Legal Services - Definition, Type
Market Overview
Page 4: Legal Services Market - Overview, Market Size & Growth (2011-2015e)
Page 5-8: Types of Legal Services
Business Model
Page 9-11: Business Model
Page 12: Porter's Five Forces Analysis
Drivers & Challenges
Page 13: Summary
Page 14-20: Drivers
Page 21-22: Challenges
Government Participation
Page 23-27: Government Regulations
Trends
Page 28: Summary
Page 29-34: Key trends
Competition
Page 35-66: Major Private Players
Strategic Recommendation
Page 67: Strategic Recommendations
Appendix
Page 68: Appendix
Page 69: Sources of Information
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