Virtual data rooms in New Orleans, LA

Virtual data rooms for New Orleans deals, audits and legal matters

By the Census Bureau's 2023 count, the New Orleans-Metairie, LA metro holds 1,053 offices of lawyers, 439 accounting, tax, bookkeeping and payroll firms and 267 securities and investment firms with paid employees. ShareAndGo is a virtual data room for the documents they share during deals, audits, legal matters and fundraising.

What sets New Orleans's economy apart

Water transportation is where New Orleans is most unlike the rest of the country: 100 establishments, a share of local businesses 18.6 times the national one. Next come transportation support services (336 establishments, 2.3 times) and rental and leasing (247 establishments, 1.6 times). No other metro on these pages has a higher concentration of water transportation, out of 33 with published figures.

Shipping and barge companies share vessel documentation, charters and safety records with buyers and lenders.

Port, freight-forwarding and logistics-services deals review customs records, terminal leases and carrier contracts. In transportation support services, New Orleans leads every metro on these pages.

The firms that share confidential documents in New Orleans

Lawyers outnumber accountants in the New Orleans-Metairie, LA metro by more than most metros: 1,053 law offices against 439 accounting, tax, bookkeeping and payroll establishments, 2.4 to one where the typical metro here is 1.2.

On the deal side, the New Orleans-Metairie, LA metro also counts 267 securities and investment establishments, 185 corporate and regional managing offices and 306 real estate brokerages.

About 9 percent of the New Orleans-Metairie, LA metro's 25,133 employer establishments, 2,250 in all, fall in these five groups.

  • Offices of lawyers (NAICS 541110): 1,053
  • Accounting, tax preparation, bookkeeping and payroll services (NAICS 5412): 439
  • Offices of certified public accountants (NAICS 541211): 205
  • Securities, commodity contracts and like activity (NAICS 523): 267
  • Corporate, subsidiary and regional managing offices (NAICS 551114): 185
  • Offices of real estate agents and brokers (NAICS 531210): 306
  • Law offices by size: 728 under 5 employees, 146 with 5 to 9, 91 with 10 to 19, 60 with 20 to 49, 28 with 50 or more
  • Employees in law offices, mid-March 2023: about 7,700
  • Employees in accounting, tax, bookkeeping and payroll: about 3,400

How New Orleans compares

The Census Bureau estimated the New Orleans-Metairie, LA metro's population at 966,230 in July 2024, down 41,175 or 4.1 percent on the April 2020 base of 1,007,405.

Measured against the 2023 estimate of 967,205, the same year as the business count, New Orleans has 108.9 offices of lawyers per 100,000 residents, 3rd of the 59 metro areas on these pages against a median of 52.6; the nearest rates are Los Angeles, CA at 87.9 and Cheyenne, WY at 130.6.

The metro with the closest number of law offices is Charlotte, NC, with 1,078; the metro closest in population, Greenville, SC at 996,680 residents, has 439 law offices and 356 accounting, tax, bookkeeping and payroll establishments.

Counted by accounting, tax, bookkeeping and payroll firms instead, New Orleans's nearest match is Birmingham, AL, with 450.

  • Residents, July 2024: 966,230
  • Residents, April 2020 base: 1,007,405
  • Change since 2020: -41,175 (-4.1 percent), 59th of 59
  • Law offices per 100,000 residents: 108.9, 3rd of 59
  • Accounting, tax, bookkeeping and payroll per 100,000 residents: 45.4, 23rd of 59
  • Securities and investment per 100,000 residents: 27.6, 50th of 59
  • Managing offices per 100,000 residents: 19.1, 9th of 59
  • Real estate agents and brokers per 100,000 residents: 31.6, 53rd of 59
  • Employees in offices of lawyers: about 7,700
  • Employees in accounting, tax, bookkeeping and payroll: about 3,400

Where New Orleans's firms are

The Census definition of the metro takes in seven parishes. Taken one by one, Orleans Parish had 652 offices of lawyers, Jefferson Parish 342 and St. Charles Parish 18.

Orleans Parish alone holds 62 percent of the metro total, and the four parishes beyond those three hold 41 between them.

  • Orleans Parish: 652
  • Jefferson Parish: 342
  • St. Charles Parish: 18
  • St. Bernard Parish: 15
  • St. John the Baptist Parish: 14
  • Plaquemines Parish: 9
  • St. James Parish: 3

The courts and regulators behind New Orleans paperwork

When a New Orleans dispute reaches federal court, it goes to the U.S. District Court for the Eastern District of Louisiana.

CPAs practicing in Louisiana are licensed by the State Board of CPAs of Louisiana.

At state level, securities offerings and investment advisers in Louisiana answer to the Louisiana Office of Financial Institutions, Securities Division, so a New Orleans fund raising money or an adviser facing an exam has documents to produce on request.

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

What a ShareAndGo data room does for New Orleans legal work

What New Orleans law firms and in-house legal teams get from a ShareAndGo room:

  • Every view, share, access and change goes into an audit log in which each entry carries a SHA-256 hash of the one before it, so an edit made after the fact can be detected.
  • The full audit trail can be exported when a regulator or a court asks for it.

New Orleans FAQ

How many law firms are there in New Orleans?
County Business Patterns 2023 counted 1,053 offices of lawyers with paid employees in the New Orleans-Metairie, LA metro, 728 of them with fewer than five employees.
How many of the New Orleans area's law offices are in Orleans Parish?
Orleans Parish holds 652 of the metro's 1,053, followed by Jefferson Parish with 342.
Can I keep one party out of some folders?
Yes. Access groups set each folder to allow, deny or inherit, and a denied folder is hidden from that group completely rather than grayed out.