Legal services industry in the U.S. - Statistics & Facts

The legal services industry in the United States generated 256.66 billion U.S. dollars in revenue in 2013. By 2018, this revenue is expected to increase to approximately 288 billion. Industry revenue has increased year-on-year since the 2009 global recession. The leading law firm worldwide in terms of gross revenue in 2017 was Kirkland & Ellis. The firm was first founded in Chicago by Stuart G. Shepard and Robert R. McCormick in 1909. Today, Kirkland & Ellis employs more than 2,300 lawyers in 15 offices around the world.

In 2018, over 1.1 million people were employed in legal occupations in the U.S. This number was set to rise to 1.38 million in 2022. The largest share of those working in legal occupations was comprised of lawyers. Lawyers also earned the most in this industry, with a mean annual wage of over 144,000 U.S. dollars. Close to 47 percent of 2018 law graduates had taken up employment with law firms by April 2019 and 70.1 percent were working in occupations which required the passage of the bar exam.

Women are still underrepresented in the legal profession: as of October 2017, only 35 percent of employees in the industry were women. In the 60 best law firms for women according to Working Mother, the gender distribution of employees appears to be much more even in the general ranks. However, partners were still predominantly male. In 2016, female lawyers earned 77.6 percent of the salaries of their male counterparts. The industry wage gap is potentially decreasing however, as 2015 saw the smallest imbalance of the last ten years. The largest pay disparity in that time frame was experienced in 2006, when female lawyers earned only 70.5 percent of a male lawyers' salary.

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Legal services in the U.S.

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Employment

Women in legal servies

Technology in legal services

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