DWF operates within a large and highly attractive global market for legal services. In 2017 the global legal services market was estimated to be approximately US $849 billion in size and is estimated to grow to US $1,011 billion in 2021.*
The global market for legal services remains highly fragmented. In the UK, the top 25 law firms are estimated to account for just over half the revenue with a large tail of an estimated 10,000 smaller independent law firms. DWF is among this group of top 25 law firms.**
Global market trends include:
* Statista estimates; BRC estimates 2013 to 2017
** Legal Week rankings for 2017-2018 - DWF placed 23rd.
Underpinning many of our services sits innovation and technology which plays an important role across all our operations and service delivery, particularly for our connected services offering. It is the cornerstone of our service development and product innovation and also helps us to optimise the development of new workflows and tools, and supports sophisticated data analytics and project management solutions.
DWF is ranked the 11th most innovative legal business in Europe in the 2018 Financial Times Innovative Lawyers report which describes DWF as "one of the UK's most dynamic legal businesses". And for the first time, our Managing Partner and CEO Andrew Leaitherland has been named among the top ten innovative individuals in Europe, in recognition of his commitment to embedding a culture of innovation throughout the business.
This report is a high-profile and trusted benchmarking programme which we are proud to be included in for the fourth consecutive year. Such positive recognition for many of our innovations demonstrates the value that has come from our continued focus on 'doing things differently'.
Our range of complex, managed and connected services are designed specifically to meet the needs of our clients.
Our complex legal advice services are the types of services where our clients typically seek out external counsel. Certain services in this field are supported by AI, data-analytics tools and project management solutions.
Our Managed Services part of the business is focused around processes which will be performed across a variety of locations, making use of standardised systems and workflow software tools. We see this work as high in volume which clients can benefit from with increased value and efficiency.
Our Connected Services can be sourced independently or alongside our other services. Through this wide and varied service offering, we can provide professional and business services in an integrated package if required. This can be particularly useful for large multinationals seeking to consolidate and streamline their supply chains.
Guiding our strategic development, influencing actions and behaviours, and providing a common sense of direction for all our people, our values are:
Always aim higher
By refusing to do only the minimum, and reaching further every time, we expand the realm of what's possible.
Be better together
By supporting each other and working as a team we can achieve more for our clients and ourselves.
Disrupt to progress
Just because there's an established way of doing things, it doesn’t mean it's the best way.
Keep all promises
A promise is a promise, no matter how large or small. By keeping promises, we build trust, loyalty and commitment.
Attend to details
Paying attention to every last detail is the right way to ensure that clients experience the very best of DWF.