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Legal Activities in Hungary Industry Data and Analysis
The European legal services industry is in a phase of consolidation, signified by a surge in both intranational and international M&A activity. This is as firms aim to expand into new markets and enhance specialisation amid intense competition and growing client expectations. Legal service providers benefit from demand from households and businesses across all sectors of the economy, limiting revenue volatility. The provision of countercyclical services like advising on restructuring and insolvency issues has helped support revenue from the corporate market during volatile economic conditions. Industry revenue is projected to expand at a compound annual rate of 1.5% to €234.2 billion over the five years through 2025, including a 3.3% hike in 2025.
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What's included in this industry analysis
IBISWorld's research coverage on the Legal Activities industry in Hungary includes market sizing, forecasting, data and analysis from 2015-2030. The most recent publication was released June 2025.
About this industry
What's this industry report about?
The Legal Activities industry in Hungary operates under the industry code HU-M691. Industry firms provide legal advice and representation before courts and other judicial bodies, in relation to civil and criminal matters and labour disputes. They are also involved in drawing up legal documents like deeds, wills and trusts, as well as commercial and intellectual property documents including articles of incorporation, copyright and patents. Related terms covered in the Legal Activities industry in Hungary include m&a, ipo and patent.
What's included in this industry?
Products and services covered in Legal Activities industry in Hungary include Advising on corporate law, Advising on personal law and Advising on property law.
What companies are included in this industry?
Companies covered in the Legal Activities industry in Hungary include Allen Overy Shearman Sterling LLP, CMS Legal Services EEIG and DLA Piper International LLP.
Performance
What's included in the Performance chapter?
The Performance chapter covers detailed analysis, datasets, detailed current performance, sources of volatility and an outlook with forecasts for the Legal Activities industry in Hungary.
Questions answered in this chapter include what's driving current industry performance, what influences industry volatility, how do successful businesses overcome volatility, what's driving the industry outlook. This analysis is supported with data and statistics on industry revenues, costs, profits, businesses and employees.
Products & Markets
What's included in the Products and Markets chapter?
The Products and Markets chapter covers detailed products and service segmentation and analysis of major markets for the for the Legal Activities industry in Hungary.
Questions answered in this chapter include how are the industry's products and services performing, what are innovations in industry products and services, what products or services do successful businesses offer and what's influencing demand from the industry's markets. This includes data and statistics on industry revenues by product and service segmentation and major markets.
Geographic Breakdown
What's included in the Geographic Breakdown chapter?
The Geographic Breakdown chapter covers detailed analysis and datasets on regional performance of the Legal Activities industry in Hungary.
Questions answered in this chapter include where are industry businesses located and how do businesses use location to their advantage. This includes data and statistics on industry revenues by location.
Competitive Forces
What's included in the Competitive Forces chapter?
The Competitive Forces chapter covers the concentration, barriers to entry and supplier and buyer profiles in the Legal Activities industry in Hungary. This includes data and statistics on industry market share concentration, barriers to entry, substitute products and buyer & supplier power.
Questions answered in this chapter include what impacts the industry's market share concentration, how do successful businesses handle concentration, what challenges do potential industry entrants face, how can potential entrants overcome barriers to entry, what are substitutes for industry services, how do successful businesses compete with substitutes and what power do buyers and suppliers have over the industry and how do successful businesses manage buyer & supplier power.
Companies
What's included in the Companies chapter?
The Companies chapter covers Key Takeaways, Market Share and Companies in the Legal Activities industry in Hungary. This includes data and analysis on companies operating in the industry that hold a market share greater than 5%.
Questions answered in this chapter include what companies have a meaningful market share and how each company is performing.
External Environment
What's included in the External Environment chapter?
The External Environment chapter covers Key Takeaways, External Drivers, Regulation & Policy and Assistance in the Legal Activities industry in Hungary. This includes data and statistics on factors impacting industry revenue such as economic indicators, regulation, policy and assistance programs.
Questions answered in this chapter include what demographic and macroeconomic factors impact the industry, what regulations impact the industry, what assistance is available to this industry.
Financial Benchmarks
What's included in the Financial Benchmarks chapter?
The Financial Benchmarks chapter covers Key Takeaways, Cost Structure, Financial Ratios, Valuation Multiples and Key Ratios in the Legal Activities industry in Hungary. This includes financial data and statistics on industry performance including key cost inputs, profitability, key financial ratios and enterprise value multiples.
Questions answered in this chapter include what trends impact industry costs and how financial ratios have changed overtime.
Industry Data
What's included in the Industry Data chapter?
The Industry Data chapter includes 10 years of historical data with 5 years of forecast data covering statistics like revenue, industry value add, establishments, enterprises, employment and wages in the Legal Activities industry in Hungary.
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Frequently Asked Questions
What is the market size of the Legal Activities industry in Hungary in 2026?
The market size of the Legal Activities industry in Hungary is €936.0m in 2026.
How many businesses are there in the Legal Activities industry in Hungary in 2025?
There are 13,804 businesses in the Legal Activities industry in Hungary, which has grown at a CAGR of 6.3 % between 2020 and 2025.
Has the Legal Activities industry in Hungary grown or declined over the past 5 years?
The market size of the Legal Activities industry in Hungary has been declining at a CAGR of 2.9 % between 2020 and 2025.
What is the forecast growth of the Legal Activities industry in Hungary over the next 5 years?
Over the next five years, the Legal Activities industry in Hungary is expected to grow.
What are the biggest companies in the Legal Activities industry in Hungary?
The biggest companies operating in the Legal Activities industry in Hungary are Allen Overy Shearman Sterling LLP, CMS Legal Services EEIG and DLA Piper International LLP
What does the Legal Activities industry in Hungary include?
Advising on corporate law and Advising on personal law are part of the Legal Activities industry in Hungary.
Which companies have the highest market share in the Legal Activities industry in Hungary?
The company holding the most market share in the Legal Activities industry in Hungary is Allen Overy Shearman Sterling LLP.
How competitive is the Legal Activities industry in Hungary?
The level of competition is moderate and steady in the Legal Activities industry in Hungary.
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