@Codex Stanford - What is the size of the legal industry in the US?

Size legal industry?

Harm Bavinck

650 388 2757 - harm@effacts.com

Today @Codex

Website triggered me

to do some research

# of lawyers in USApprox. 1,200,000 licensed attorneys

making an average of USD 100k

means USD 120,000,000,000

Where does the rest come from?

Other service providersLegal consultants, accountant firms,

registered agents, IP agents, recruiters,

legal process outsourcers, ….

USD 30,000,000,000?

ICT vendorsCase management, e-discovery, e-billing,

document assembly, webservices, ….

USD 15,000,000,000?

Content providersPublishers, training, education, search,

templates,....

USD 10,000,000,000?

Inhouse legal2.500.000 (?) people working in legal

departments, compliance, permits,

legislation, contract management,

immigration, ….

USD 125,000,000,000?

Total market?Lawyers USD 120 billion

Others services USD 30 billion

ICT USD 15 billion

Content USD 10 billion

Inhouse USD 125 billion

Market leader?

The #2?

Input or comment?

650 388 2757 - harm@effacts.com