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.
