US Legal Sector

21%

Corporate Tax Rate in the US

437,540

Total Law firms in the US

About the US Legal Sector

The US legal services sector generated $256.66 billion in revenue in 2013 and has been increasing on an annual basis since the 2009 global recession. The largest law firm in the world in terms of gross revenue is US-based Kirkland & Ellis, with many of the other top law firms also being US companies.

More than 1.1 million people were employed in legal professions in the US, with the number set to rise to 1.38 million in 2022. The largest share of those working in legal professions were lawyers, who earn the most in the industry with a mean annual wage of more than $144,000. Almost 47% of 2018 law graduates had started employment with law firms by April 2019 and 70.1% were working in occupations that required the bar exam to be passed.