How many law firms are in the us? Quick Answer
- According to IBISWorld, the U.S. had about 418,000 law firms in May 2025, roughly the same as in 2024.
Growth of Law Firms in the U.S. Over Time
According to IBISWorld research data, the number of law firms in the U.S. has shifted year by year, reflecting changes in the economy, the legal industry, and demand for services. In 2025, there were about 418,000 firms nationwide, up from roughly 404,000 in 2006.
The number of firms grew steadily through the mid-2010s, peaking at about 434,000 in 2018. From that record high, totals declined each year through 2023, reaching roughly 416,000, before leveling off in 2024 and 2025. A similar drop had also occurred in 2008 during the financial crisis.
Even with these fluctuations, the U.S. has consistently maintained well over 400,000 law firms. This resilience underscores the essential role of legal services for individuals, businesses, and government agencies, regardless of economic conditions.
Law Firm Sizes and What They Mean for Clients
Law firm sizes range from small local practices to massive firms with hundreds of attorneys. According to the Association of Legal Administrators, small firms (15 or fewer lawyers) often provide personalized service and flexibility, while large firms offer prestige, high salaries, and handle complex corporate matters. Midsize firms fall in between, offering a mix of resources and work-life balance depending on client needs and case types
The Role and Evolution of U.S. Law Firms
The law firm industry plays a vital role in the U.S. economy, offering legal services to individuals, businesses, and public institutions. From handling everyday legal matters like contracts and estate planning to managing high-stakes corporate litigation, law firms serve a broad range of clients. As legal needs grow with changes in technology, regulation, and business practices, the industry continues to evolve, adopting more digital tools, flexible billing models, and remote consultations to stay competitive and accessible.
What This Means for the Legal Market
The continued growth in the number of law firms reflects a strong and adaptive legal market. New firms are forming, lawyers are branching out on their own, and more people are seeking professional legal help. Whether you’re starting a business, navigating a lawsuit, or handling family matters, chances are there’s a law firm ready to help.
