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Virtual data rooms in Delaware

Virtual data rooms for Delaware firms

Delaware has 417 real estate offices, 386 accounting and tax firms, 430 law offices and 689 securities and investment firms with paid employees. Its breach notice rule runs on sixty days. 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 Delaware

County Business Patterns counted 29,706 employer establishments in Delaware in 2023. On a per-person count across the 50 states and DC, Delaware sits 1st for securities and investment firms, at 66.5 per 100,000, 26th for offices of real estate agents and brokers, at 40.2, and 31st for accounting, tax, bookkeeping and payroll firms, at 37.2. Law offices number 430, or 41.5 per 100,000, which is 32nd.

These are mostly small businesses. 230 of the state's law offices and 552 of its securities and investment firms have fewer than five employees.

  • Offices of lawyers: 430
  • Accounting, tax preparation, bookkeeping and payroll services: 386
  • Securities and investment firms: 689
  • Corporate and regional managing offices: 134
  • Offices of real estate agents and brokers: 417

Where those firms are

By county, New Castle County leads with 341 law offices, ahead of Sussex County (52) and Kent County (36). Those three hold 100 percent of the state's total.

Our Wilmington page goes through its figures in detail.

What sets Wilmington apart

Intellectual property holding companies is the sector that most marks out Wilmington, at 48 establishments and 8.3 times the national share; corporate and regional headquarters (462, 4.4 times) and publishing, including software publishing (246, 3.6 times) come next.

How Delaware compares

The Census Bureau estimated Delaware's population at 1,051,917 in July 2024, up 6.3 percent from the April 2020 base of 989,955.

On law offices per 100,000 residents, Delaware sits next to Maine at 41.9 and Arizona at 41.3, against 41.5 here. Across the 50 states and DC the combined rate is 49.1.

Small offices make up 53 percent of the state's law offices, against 72 percent across the 50 states and DC.

Delaware's sixty-day breach clock

Delaware's Computer Security Breaches chapter, 6 Del. C. §§ 12B-101 to 12B-104, puts the notice duty in § 12B-102.

Delaware residents must be notified "without unreasonable delay but not later than 60 days after determination of the breach of security."

If the number of Delaware residents to be notified exceeds 500, the Attorney General must also be notified, not later than the time notice is provided to the residents.

So a breach touching more than 500 Delaware residents means two notices, to the residents and to the Attorney General, while one touching 500 or fewer means notice to the residents only.

Exceptions and extra steps

Notice is not owed if, after an appropriate investigation, the person reasonably determines that the breach of security is unlikely to result in harm to the individuals whose information was breached.

Unauthorized acquisition of encrypted information is not a breach of security, unless the acquisition includes, or is reasonably believed to include, the encryption key.

When a Social Security number is breached, one year of credit monitoring must be offered at no cost, unless the harm exception applies.

Our Delaware 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 a Delaware 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.

Per-viewer watermarks are on by default in each room and can be set differently room by room. Six-digit email codes confirm who each reader is without asking them to create an account. Folder access follows the group a reader belongs to, so a buyer's advisers never see the lender's folder. When someone asks who opened a given file, the chained log answers in a CSV with names, actions and dates.

The courts and regulators behind Delaware paperwork

Federal cases from Delaware are heard in the U.S. District Court for the District of Delaware. CPAs practicing in Delaware are licensed by the Delaware State Board of Accountancy.

At state level, securities offerings and investment advisers in Delaware come under the Delaware Department of Justice, Investor Protection Unit.

Delaware FAQ

How many law offices are there in Delaware?
County Business Patterns 2023 counted 430 offices of lawyers with paid employees in Delaware, 230 of them with fewer than five employees. New Castle County has the most, 341.
What is Delaware's deadline?
Without unreasonable delay but not later than 60 days after determination of the breach of security.
When is the Attorney General involved?
When more than 500 Delaware residents are to be notified. The Attorney General is notified no later than the residents.
Do people I share documents with need an account?
No. Readers confirm their email with a six-digit code, with no account to create.

Delaware metros

Wilmington, DE

Data rooms for Wilmington's 341 law offices and 246 accounting, tax, bookkeeping and payroll firms, with audit trails and view-only access.

Related

Delaware data breach notification law

About the figures on our location pages