50+ Legal Industry Statistics to Grow Your Law Firm in 2024

Key Lawyer Statistics

• The legal process outsourcing market value is anticipated to reach $38.13 billion in 2027, with a predicted CAGR of 26.7%.
• The total disclosed value of pending and closed transactions reached $3.6 trillion in 2021, surpassing the full-year total of $3.59 trillion in 2020.
• Lawyers earned an average of $126,930 in 2020.
• 41% of law firms use blockchain for transactional legal services.
• 1.35 million attorneys practice in the US.
• 50% of law firms use event sponsorship as a primary marketing channel.
• 94% of law firms have a website.
• 88% of law firms use their blog for client development.
• 86% of law firms claim to be active on social media.

When it comes to analysis and decision-making, it’s essential to have access to comprehensive legal industry statistics. Lawyer statistics offer insightful information on the state of the legal profession and aid in comprehending the present state of this dynamic sector.

These figures can provide insight into various legal practice areas, including the development of technology law and the need for corporate attorneys. They can also offer data on median pay, job satisfaction levels, and how legislative changes affect the legal market.

This page lists 100 legal industry statistics covering various topics, including developments in the market for law firms, characteristics of lawyers, data on court cases, and more. We’ll discuss the following:

• Global legal industry statistics
• Lawyer Bureau of Labor Statistics 
• US Licensed and practicing lawyer statistics
• Lawyer online marketing statistics

Global legal industry statistics

14.7% CAGR in the global legal software market, rising to $0.44 billion in 2023

source

Lawyers’ compound annual growth rate (CAGR) stats:

1. 26.7% projected CAGR for the legal process outsourcing market value is projected to hit $38.13 billion in 2027
2. 14.7% CAGR in the worldwide legal software market is expected to rise to $0.44 billion in 2023.
3. 12.7% forecast CAGR for the global legal software market value is expected to reach $0.72 billion by 2027.
4. 5.4% predicted CAGR in the global market for legal services is expected to reach $1034.53 billion in 2027.

Global lawyer statistics:

5. $3.6 trillion is the total disclosed value of pending and concluded transactions in 2021 — exceeding the full-year total of $3.59 trillion in 2020.
6. $838.92 billion is how much the global legal services market is expected to increase by in 2023.
7. $563.45 billionis how much the worldwide B2B legal services market is projected to increase by 2027
8. $459.59 billion is how much the B2B legal services market size is expected to grow in 2023.
9. $14.81 billion is how much the global legal process outsourcing market size is expected to increase by in 2023.

Global lawyer blockchain statistics:

10. 58% of legal organizationssay a lack of qualified personnel is hampering their businesses.
11. 41% of law firms will use blockchain for transactional legal services
12. 31% of lawyers will use blockchain for high-value legal services
13. 21% of legal services providers will use blockchain for business assistance

Lawyer Bureau of Labor Statistics

23% of law graduates remain unemployed nine months after graduating.

14. 23% of law graduates remain unemployed nine months after graduating.
15. 10% is how much the demand for lawyers will increase in the next decade.
16. $189,560 is the District of Columbia’s highest median annual salary.
17. $126,930 is the average income lawyers made in 2020.
18. $300 was the standard hourly billable attorney fee in 2020.
19. $424 is the District of Columbia’s average hourly billable rate at $424 — the highest across all states.
20. $163 is West Virginia’s average hourly billable rate at $163 — the lowest across all states.

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US Licensed and practicing lawyer statistics

21. 1.35 million attorneys practice in the US.
22. The following are the top 10 states with the highest population of lawyers.

View ABA National Lawyer Population Survey Lawyer Population by State

Lawyer demographic statistics:

23. 81% of Caucasians in the legal profession are lawyers.
24. 60.1% of the legal profession are Non-Hispanic whites.
25. 54.09% of 112,000 US law students are female.
26. 37% of lawyers are women — 86% are white.
27. 18.5% of the lawyers’ population is Hispanic.
28. 13.4% of all lawyers nationwide are black.
29. 5.9% of the lawyers‘ population is Asian Americans.
30. 4.8% of African Americans are US lawyers.
31. 1.73 % of all US legal representatives are black women.

Lawyer online marketing statistics

24% of law firms employ marketing staff to manage their website.

Marketing statistics:

32. 50% of law firms use event sponsorship as a primary marketing channel.
33. 29% of law firms with 2–9 attorneysand 0% of solo practitioners have a marketing budget, compared to 55% of law firms with 10–49 attorneys.
34. 25% of law firms continue to market through print, 18% through direct mail, 9% through radio, and 8% through Yellow Pages.
35. 13% of businesses claim that “no one” is in charge of marketing in their law firm.

Website statistics:

36. 94% of law firms have a website.
37. 69% of lawyers’ websites are responsive to mobile devices (26% are unsure).
38. 24% of law firms employ marketing staff to manage their website.
39. 21% of legal firms use outside consultants for website management
40. 13% of law firms use an attorney on staff to manage their business website
41. 12% of legal service providers use an office manager or firm administrator to manage their websites.
42. 6% of businesses claim to offer live chat to customers on their websites — this percentage is higher for smaller firms than for larger ones.

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Content marketing statistics:

43. 99% of lawyers’ websites have partner profiles as the frequently accessed material.
44. 88% of law firms use their blog for client development.
45. 58% of businesses report that one or more lawyers write most website content.
46. 57% of law firm websites have legal articles written in-house.
47. 55% of firms’ websites show examples of recent successful cases.
48. 37% of law firms report having blogs, with larger firms reporting having more blogs than smaller firms.

Social media marketing legal industry statistics:

49. 87% of lawyers have a presence on LinkedIn
50. 86% of law firms claim to be active on social media.
51. 77% of lawyers use social media for career development/networking and 52% for client development.
52. 61% of law firms are active on Facebook
53. 37% of legal firms have a Twitter account
54. 13% of attorneys are on Instagram

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