Israel’s legal profession suffers from a saturated market and fierce competition for every client according to the Israel Bar Association Conference’s "Lawyers Index" released yesterday. The index, which includes statistics about lawyers and the legal profession in Israel, revealed that there are 40,469 lawyers today, a quadrupling since 1990.

The Bar Association’s report, released each year before its annual Eilat conference, shows that the people-to-lawyer ratio has fallen from 1,687 to 1 in 1950 to to an all-time low of 183 to 1 in 2009. In comparison, Japan has 25,000 lawyers for its population of 120 million and China has 150,000 lawyers for 1.3 billion people - fewer than one lawyer per 8,000 people.