The U.S. legal services sector generated a record $380 billion in revenue, continuing its steady annual expansion since the post-pandemic recovery era. The largest law firm in the world in terms of gross revenue is U.S.-based Kirkland & Ellis, with many of the other top-grossing law firms also being U.S. companies. More than 1.26 million people are employed in legal professions across the U.S., with the workforce scaling up to meet rising demands in corporate compliance, technology regulation, and intellectual property.

The largest share of those working in legal professions are lawyers, who earn the most in the industry with a mean annual wage of more than $175,000. Mirroring a strong job market for new attorneys, over 58% of recent law graduates started employment directly with law firms within ten months of graduation, and 76.1% were working in positions that required passing the bar exam.