<?xml version="1.0" encoding="UTF-8"?>
<!DOCTYPE root>
<article xmlns:mml="http://www.w3.org/1998/Math/MathML" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns:ali="http://www.niso.org/schemas/ali/1.0/" article-type="research-article" dtd-version="1.2" xml:lang="en"><front><journal-meta><journal-id journal-id-type="publisher-id">RUDN Journal of Economics</journal-id><journal-title-group><journal-title xml:lang="en">RUDN Journal of Economics</journal-title><trans-title-group xml:lang="ru"><trans-title>Вестник Российского университета дружбы народов. Серия: Экономика</trans-title></trans-title-group></journal-title-group><issn publication-format="print">2313-2329</issn><issn publication-format="electronic">2408-8986</issn><publisher><publisher-name xml:lang="en">Peoples’ Friendship University of Russia named after Patrice Lumumba (RUDN University)</publisher-name></publisher></journal-meta><article-meta><article-id pub-id-type="publisher-id">27608</article-id><article-id pub-id-type="doi">10.22363/2313-2329-2021-29-3-510-523</article-id><article-categories><subj-group subj-group-type="toc-heading" xml:lang="en"><subject>INDUSTRIAL ORGANIZATION MARKETS</subject></subj-group><subj-group subj-group-type="toc-heading" xml:lang="ru"><subject>ЭКОНОМИКА ОТРАСЛЕВЫХ РЫНКОВ</subject></subj-group><subj-group subj-group-type="article-type"><subject>Research Article</subject></subj-group></article-categories><title-group><article-title xml:lang="en">Legal services global market: current state and development prospects</article-title><trans-title-group xml:lang="ru"><trans-title>Мировой рынок юридических услуг: современное состояние и перспективы развития</trans-title></trans-title-group></title-group><contrib-group><contrib contrib-type="author"><name-alternatives><name xml:lang="en"><surname>Yastrebov</surname><given-names>Oleg A.</given-names></name><name xml:lang="ru"><surname>Ястребов</surname><given-names>Олег Александрович</given-names></name></name-alternatives><bio xml:lang="en"><p>Doctor of Science (in Economics, Law), Professor, Rector</p></bio><bio xml:lang="ru"><p>доктор юридических наук, доктор экономических наук, профессор, ректор</p></bio><email>yastrebov-oa@rudn.ru</email><xref ref-type="aff" rid="aff1"/></contrib><contrib contrib-type="author"><name-alternatives><name xml:lang="en"><surname>Tinkova</surname><given-names>Arina A.</given-names></name><name xml:lang="ru"><surname>Тинькова</surname><given-names>Арина Александровна</given-names></name></name-alternatives><bio xml:lang="en"><p>PhD student, an assistant of the Department of International Economic Relations, Faculty of Economics</p></bio><bio xml:lang="ru"><p>аспирант, ассистент кафедры международных экономических отношений, экономический факультет</p></bio><email>tinkova-aa@rudn.ru</email><xref ref-type="aff" rid="aff1"/></contrib></contrib-group><aff-alternatives id="aff1"><aff><institution xml:lang="en">Peoples’ Friendship University of Russia (RUDN University)</institution></aff><aff><institution xml:lang="ru">Российский университет дружбы народов</institution></aff></aff-alternatives><pub-date date-type="pub" iso-8601-date="2021-10-05" publication-format="electronic"><day>05</day><month>10</month><year>2021</year></pub-date><volume>29</volume><issue>3</issue><issue-title xml:lang="en">New trends, strategies and structural changes in emerging markets</issue-title><issue-title xml:lang="ru">Новые тренды, стратегии и структурные изменения в экономике стран с развивающимися рынками</issue-title><fpage>510</fpage><lpage>523</lpage><history><date date-type="received" iso-8601-date="2021-10-05"><day>05</day><month>10</month><year>2021</year></date></history><permissions><copyright-statement xml:lang="en">Copyright ©; 2021, Yastrebov O.A., Tinkova A.A.</copyright-statement><copyright-statement xml:lang="ru">Copyright ©; 2021, Ястребов О.А., Тинькова А.А.</copyright-statement><copyright-year>2021</copyright-year><copyright-holder xml:lang="en">Yastrebov O.A., Tinkova A.A.</copyright-holder><copyright-holder xml:lang="ru">Ястребов О.А., Тинькова А.А.</copyright-holder><ali:free_to_read xmlns:ali="http://www.niso.org/schemas/ali/1.0/"/><license><ali:license_ref xmlns:ali="http://www.niso.org/schemas/ali/1.0/">http://creativecommons.org/licenses/by/4.0</ali:license_ref></license></permissions><self-uri xlink:href="https://journals.rudn.ru/economics/article/view/27608">https://journals.rudn.ru/economics/article/view/27608</self-uri><abstract xml:lang="en"><p style="text-align: justify;">The article answers the question: what are the distinctive features of the global legal services market in the context of globalization, as well as what place and role it occupies in international trade and trade policy? The study is divided into 3 parts. The first part structures the main theoretical aspects concerning the legal services world market: the concept and classification of legal services, forms and methods of international trade in legal services. The second part analyzes the market indicators of the global legal services market, characterizes the main problems and trends in its development. The place and role of Russia in the global legal services market are revealed. The third part deals with the foreign trade policy issues, mechanisms for protecting the internal market. Special attention is paid to the analysis of the Services Trade Restrictiveness Index for legal services. The mechanism of countries’ foreign trade policies’ influence on the British legal services sector is illustrated in the context of Brexit.</p></abstract><trans-abstract xml:lang="ru"><p style="text-align: justify;">Обсуждаются отличительные особенности мирового рынка юридических услуг в условиях глобализации, а также его место и роль в международной торговле и торговой политике. Исследование разделено на 3 части. Первая часть структурирует основные положения теоретического характера, касающиеся мирового рынка юридических услуг: рассмотрены понятие и классификация юридических услуг, формы и механизмы международной торговли юридическими услугами. Во второй части анализируются конъюнктурные показатели мирового рынка юридических услуг, характеризуются основные проблемы и тенденции его развития. Выявлены место и роль России на мировом рынке услуг. Третья часть затрагивает проблемы внешнеторговой политики, механизмов защиты внутреннего рынка. Особое место уделяется анализу индекса ограничения торговли юридическими услугами. Проиллюстрирован механизм воздействия внешнеторговой политики стран на сектор юридических услуг Великобритании в условиях Брексита.</p></trans-abstract><kwd-group xml:lang="en"><kwd>legal services</kwd><kwd>foreign trade policy</kwd><kwd>world financial centers</kwd><kwd>world market</kwd></kwd-group><kwd-group xml:lang="ru"><kwd>юридические услуги</kwd><kwd>внешнеторговая политика</kwd><kwd>мировые финансовые центры</kwd><kwd>мировой рынок</kwd></kwd-group><funding-group/></article-meta></front><body></body><back><ref-list><ref id="B1"><label>1.</label><mixed-citation>Benz, S., Ferencz, J., &amp; Nordås, H.K. (2020). Regulatory barriers to trade in services: A new database and composite indices. World Economy, 43, 2860-2879. https://doi.org/10.1111/twec.13032</mixed-citation></ref><ref id="B2"><label>2.</label><mixed-citation>Chapman, M., &amp; Tauber, P. (1995). Liberalizing international trade in legal services: A proposal for an annex on legal services under the General Agreement on Trade in Services. Michigan Journal of International Law, 16(3), 941-980. Retrieved from https://repository.law.umich.edu/mjil/vol16/iss3/13</mixed-citation></ref><ref id="B3"><label>3.</label><mixed-citation>Collins, D. (2018). The Public International Law of Trade in Legal Services (Cambridge International Trade and Economic Law). Cambridge: Cambridge University Press. https://doi.org/10.1017/9781108526265</mixed-citation></ref><ref id="B4"><label>4.</label><mixed-citation>D’Andrea, B., Maurer, A., &amp; Piermartini, R. (2019). World Trade Report 2019 : The future of services trade. Geneva: World Trade Organization. Retrieved from https://www.wto.org/english/res_e/publications_e/wtr19_e.htm</mixed-citation></ref><ref id="B5"><label>5.</label><mixed-citation>Garoupa, N. (2014). Globalization and deregulation of legal services. International Review of Law and Economics, 38(Supplement), 77-86. https://doi.org/10.1016/j.irle.2013.07.002</mixed-citation></ref><ref id="B6"><label>6.</label><mixed-citation>Geloso Grosso, M., et al. (2014). Services Trade Restrictiveness Index (STRI): Legal and Accounting Services. OECD Trade Policy Papers, No. 171. Paris: OECD Publishing. http://dx.doi.org/10.1787/5jxt4nkg9g24-en</mixed-citation></ref><ref id="B7"><label>7.</label><mixed-citation>Jovanovič, D. (2018). Legal services as commodity: Reinventing the lawyers’ services. In M. Franco (Ed.), Positive and Negative Aspects of Outsourcing. Rijeka: InTech. http://dx.doi.org/10.5772/intechopen.74799</mixed-citation></ref><ref id="B8"><label>8.</label><mixed-citation>Khachaturian, T., &amp; Riker, D. (2019). Imports and foreign affiliate sales of legal services in the United States. Office of Economics Working Paper.</mixed-citation></ref><ref id="B9"><label>9.</label><mixed-citation>Nadimpalli, M. (2017). Current and future outlook of legal services industry. International Journal of Economics &amp; Management Sciences, 6(4), 1000430. http://dx.doi.org/10.4172/2162-6359.1000430</mixed-citation></ref><ref id="B10"><label>10.</label><mixed-citation>Ribstein, E. (2010). The death of big law. Wisconsin Law Review, 2010(3). http://dx.doi.org/10.2139/ssrn.1467730</mixed-citation></ref><ref id="B11"><label>11.</label><mixed-citation>Russ, A.P. (2017, November 28). How law firms can overcome the commoditization crisis in legal services. Forbes. Retrieved from https://www.forbes.com/sites/russalanprince/2017/11/28/how-law-firms-can-overcome-the-commoditization-crisis-in-legal-services/?sh=7332dca410a1</mixed-citation></ref></ref-list></back></article>
