Description
This legal industry consists of establishments that are headed by members of the bar and are primarily engaged in offering legal advice and/or services. Such establishments include attorneys, counselors at law, law offices, lawyers, legal aid services, legal services, patent solicitors’ offices, and referees in bankruptcy.
NAICS Code(s) 541110 (Offices of Lawyers)
Industry Snapshot
The legal service industry is the second largest professional service industry in the nation, second only to health services. At the beginning of the twenty-first century, the industry collected more than $132 billion in annual revenue—more than five times the annual revenue collected by advertising firms, almost three times the revenue collected by accounting and auditing firms, and approximately one-third less than the amount of revenue generated by the automobile industry. The legal services industry employed more than one million people, with nearly half of the workforce consisting of practicing attorneys.
