Virtual data rooms in Chicago, IL

Virtual data rooms for Chicago deals, audits and legal matters

Deals, audits and legal matters in Chicago run on documents too sensitive for email attachments. Census figures for 2023 put 5,865 law offices and 4,171 accounting, tax, bookkeeping and payroll firms with paid staff in the Chicago-Naperville-Elgin, IL-IN metro; ShareAndGo gives each matter a data room with access you control and an audit trail you can export.

What sets Chicago's economy apart

The industry that stands out most in the Chicago-Naperville-Elgin, IL-IN metro, measured against the national mix, is trucking. Its 12,968 establishments are 2.6 times the share you would expect from the country as a whole. Next come transportation support services (2,218 establishments, 1.5 times) and plastics and rubber products (503 establishments, 1.5 times). No other metro on these pages has a higher concentration of trucking, out of 61 with published figures.

Trucking acquisitions and equipment financings turn on fleet lists, safety records and customer contracts.

Port, freight-forwarding and logistics-services deals review customs records, terminal leases and carrier contracts. In transportation support services, Chicago places 6th of 61 metros here; New Orleans, LA leads.

The firms that share confidential documents in Chicago

Law in the Chicago-Naperville-Elgin, IL-IN metro is mostly a small-firm business: 73 percent of its 5,865 law offices have fewer than five employees, against a median of 70 percent across the metros on these pages.

For transactions, the Chicago-Naperville-Elgin, IL-IN metro adds 4,159 securities and investment establishments, 1,382 corporate and regional managing offices and 4,252 real estate brokerages.

About 8 percent of the Chicago-Naperville-Elgin, IL-IN metro's 248,519 employer establishments, 19,829 in all, fall in these five groups.

  • Offices of lawyers (NAICS 541110): 5,865
  • Accounting, tax preparation, bookkeeping and payroll services (NAICS 5412): 4,171
  • Offices of certified public accountants (NAICS 541211): 1,789
  • Securities, commodity contracts and like activity (NAICS 523): 4,159
  • Corporate, subsidiary and regional managing offices (NAICS 551114): 1,382
  • Offices of real estate agents and brokers (NAICS 531210): 4,252
  • Law offices by size: 4,266 under 5 employees, 792 with 5 to 9, 415 with 10 to 19, 245 with 20 to 49, 147 with 50 or more
  • Employees in law offices, mid-March 2023: about 46,000
  • Employees in accounting, tax, bookkeeping and payroll: about 44,000

How Chicago compares

The Census Bureau estimated the Chicago-Naperville-Elgin, IL-IN metro's population at 9,408,576 in July 2024, down 45,787 or 0.5 percent on the April 2020 base of 9,454,363.

Measured against the 2023 estimate of 9,337,814, the same year as the business count, Chicago has 62.8 offices of lawyers per 100,000 residents, 16th of the 59 metro areas on these pages against a median of 52.6; the nearest rates are Atlanta, GA at 63.9 and Austin, TX at 61.1.

The metro with the closest number of law offices is Atlanta, GA, with 4,050; the metro closest in population, Dallas, TX at 8,344,032 residents, has 3,969 law offices and 3,263 accounting, tax, bookkeeping and payroll establishments.

Counted by accounting, tax, bookkeeping and payroll firms instead, Chicago's nearest match is Dallas, TX, with 3,263.

  • Residents, July 2024: 9,408,576
  • Residents, April 2020 base: 9,454,363
  • Change since 2020: -45,787 (-0.5 percent), 52nd of 59
  • Law offices per 100,000 residents: 62.8, 16th of 59
  • Accounting, tax, bookkeeping and payroll per 100,000 residents: 44.7, 24th of 59
  • Securities and investment per 100,000 residents: 44.5, 17th of 59
  • Managing offices per 100,000 residents: 14.8, 31st of 59
  • Real estate agents and brokers per 100,000 residents: 45.5, 33rd of 59
  • Employees in offices of lawyers: about 46,000
  • Employees in accounting, tax, bookkeeping and payroll: about 44,000

Where Chicago's firms are

The Census definition of the metro takes in 13 counties. Taken one by one, Cook County had 3,945 offices of lawyers, DuPage County 641 and Lake County (Illinois) 347.

Cook County alone holds 67 percent of the metro total, and the ten counties beyond those three hold 932 between them.

The metro crosses state lines, with territory in Illinois and Indiana.

  • Cook County: 3,945
  • DuPage County: 641
  • Lake County (Illinois): 347
  • Lake County (Indiana): 249
  • Kane County: 225
  • Will County: 180
  • McHenry County: 124
  • Porter County: 77
  • DeKalb County: 25
  • Kendall County: 19
  • The other 3 counties: 33

The courts and regulators behind Chicago paperwork

When a Chicago dispute reaches federal court, it goes to the U.S. District Court for the Northern District of Illinois, whose Chicago courthouse is the Everett McKinley Dirksen United States Courthouse.

CPAs practicing in Illinois are licensed by the Illinois Department of Financial And Professional Regulation Public Accountancy Section.

If personal information in a Chicago deal, audit or case file is exposed, Illinois's data breach notification law sets who has to be told and when.

What a ShareAndGo data room does for Chicago legal work

For law firms and in-house legal teams in Chicago, a ShareAndGo room keeps the file in one place.

  • View-only mode turns off downloading, printing and copying for the people you choose.
  • Dynamic watermarking stamps each page with the viewer's email and the date, so a leaked screenshot can be traced back to the recipient.

Chicago FAQ

How many law firms are there in Chicago?
County Business Patterns 2023 counted 5,865 offices of lawyers with paid employees in the Chicago-Naperville-Elgin, IL-IN metro, 4,266 of them with fewer than five employees.
How many of the Chicago area's law offices are in Cook County?
Cook County holds 3,945 of the metro's 5,865, followed by DuPage County with 641.
Can I stop someone downloading a document?
Yes. View-only mode turns off downloading, printing and copying for the people you choose. These controls deter copying and make it traceable; no browser can stop someone photographing a screen.