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Virtual data rooms in Arkansas

Virtual data rooms for Arkansas firms

Arkansas has 1,145 real estate offices, 1,150 accounting and tax firms, 1,291 law offices and 714 securities and investment firms with paid employees. Our read of its breach notice rule covers biometric data, the 1,000-person Attorney General notice, and the harm test. ShareAndGo is a virtual data room for the documents these firms share during deals, audits and legal matters.

The firms that share confidential documents in Arkansas

County Business Patterns counted 70,452 employer establishments in Arkansas in 2023. On a per-person count across the 50 states and DC, Arkansas sits 29th for accounting, tax, bookkeeping and payroll firms, at 37.5 per 100,000, 32nd for offices of real estate agents and brokers, at 37.3, and 44th for securities and investment firms, at 23.3. Its 1,291 law offices, 42.1 per 100,000, rank 29th.

These are mostly small businesses. 1,058 of the state's law offices and 598 of its securities and investment firms have fewer than five employees.

  • Offices of lawyers: 1,291
  • Accounting, tax preparation, bookkeeping and payroll services: 1,150
  • Securities and investment firms: 714
  • Corporate and regional managing offices: 941
  • Offices of real estate agents and brokers: 1,145

Where those firms are

The Little Rock-North Little Rock-Conway, AR metro has 510 of Arkansas's 1,291 law offices, 40 percent, and our Little Rock page goes through its figures in detail. Fayetteville-Springdale-Rogers follows with 245 and Jonesboro with 67.

By county, Pulaski County leads with 427 law offices, ahead of Washington County (157), Benton County (88) and Sebastian County (71). Those four hold 58 percent of the state's total.

What sets Little Rock apart

Insurance is the sector that most marks out Little Rock, at 639 establishments and 1.6 times the national share; stone, glass and cement products (51, 1.4 times) and utilities (65, 1.4 times) come next.

How Arkansas compares

The Census Bureau estimated Arkansas's population at 3,088,354 in July 2024, up 2.6 percent from the April 2020 base of 3,011,553.

On law offices per 100,000 residents, Arkansas sits next to Maryland at 42.1 and Utah at 42.1, against 42.1 here. Across the 50 states and DC the combined rate is 49.1.

Small offices make up 82 percent of the state's law offices, against 72 percent across the 50 states and DC.

Arkansas's breach notice rule

Arkansas's Personal Information Protection Act is cited as Ark. Code Ann. § 4-110-101 et seq., with disclosure in § 4-110-105 and definitions in § 4-110-103.

Disclosure to affected individuals is to be made "in the most expedient time and manner possible and without unreasonable delay." There is no fixed number of days for that step.

Act 1030 of 2019 added a notice to the Attorney General when a breach affects the personal information of more than one thousand (1,000) individuals. That notice is due at the same time the breach is disclosed to an affected individual or within forty-five (45) days after determining there is a reasonable likelihood of harm, whichever comes first.

When notice is not required

Section 4-110-105(d) says notification is not required if, after a reasonable investigation, the business determines there is no reasonable likelihood of harm. Act 1030 attaches a record to that decision: the written determination is kept for five years and produced to the Attorney General on request within 30 days.

Our Arkansas breach notification page sets out the data elements and the rule in full, and says which text we checked. This is general information, not legal advice.

What a ShareAndGo room gives an Arkansas team

For documents you share through ShareAndGo, the activity log records every view and download, and watermarked view-only pages carry the reader's email address and the date.

The watermark is on by default and can be set room by room. Recipients confirm their email with a six-digit code and need no account, and NDA acceptance is available on Professional and Business. Groups see only their own folders, so the set of people who could have opened any one file is known before anything goes wrong. Together that gives a business a dated trail of who opened a shared file inside the room, which it can export as CSV and keep beside its own written findings.

The courts and regulators behind Arkansas paperwork

Federal cases from Little Rock are heard in the U.S. District Court for the Eastern District of Arkansas. CPAs practicing in Arkansas are licensed by the Arkansas State Board of Public Accountancy.

At state level, securities offerings and investment advisers in Arkansas come under the Arkansas Securities Department.

Arkansas FAQ

How many law offices are there in Arkansas?
County Business Patterns 2023 counted 1,291 offices of lawyers with paid employees in Arkansas, 1,058 of them with fewer than five employees. Pulaski County has the most, 427.
Is there a day limit for telling customers?
No number of days is set for individuals. The standard is the most expedient time and manner possible and without unreasonable delay.
What is the 45-day figure about?
It is the outer time for the Attorney General notice that applies above 1,000 individuals, counted from the determination of a reasonable likelihood of harm, unless notice to individuals comes first.
Do people I share documents with need an account?
No. Readers confirm their email with a six-digit code, with no account to create.

Arkansas metros

Little Rock, AR

Data rooms for Little Rock's 510 law offices and 356 accounting, tax, bookkeeping and payroll firms, with audit trails and view-only access.

Related

Arkansas data breach notification law

About the figures on our location pages