Industry Research for Law Firms

IBISWorld provides me with unique insight that helps us
gain in-depth knowledge of key industries and businesses.
This shows clients and potential clients that we understand
their business, competitors and industry, and can provide
professional legal services to meet their needs.

Establish credibility with clients

Your clients’ in-house counsel and senior management want to know that their industry is well-understood by outside legal staff.

Educate attorneys before engagements so they quickly understand the industries in which their clients operate and strengthen attorney insight to keep them informed of industry changes relevant to clients.

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Bolster practice marketing and gain new clients

Craft buyer-focused messages and incorporate industry trends that resonate with clients into your marketing materials. Business development staff in legal groups can use industry research tactically (when you are developing pitches) and strategically (when you are deciding which industries to explore).

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Identify and mitigate client and firm risk

Proactively identify the key threats and challenges affecting client industries using IBISWorld's Industry Risk Scores. We distill the non-financial risks of doing business in an industry to help clients mitigate strategic market risks.

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