One-Stop Data Dump

by | January 29, 2005 | Articles, Finance, Globalization, Just Plain Interesting, M&A, Marketing, Strategy

One-stop data shopping about the size and composition of the legal
services industry?  It’s here on
one handy page put together by "Envision
Agency," a new name to me,
which describes itself as a "full service marketing agency specializing
in the legal vertical."

Hot dots from the data:

  • In the US, there are about 900 firms with at least 50 lawyers;
  • Total revenue of the industry is $118-billion;
  • There are approximately 250,000 (they say 249,969, an exercise
    in dubious precision) firms;
  • Employing 1,464,737 people (see above).

Other information is not data, but opinion.  For example:

  • Mergers and consolidations are here to stay, or, as one might
    put it, to accelerate;
  • The increasing professionalization of management on the business
    side is likewise;
  • As is global expansion.

Great insights?  No.  Handy "bookmarkable" reference?  Sure.

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