Virtual data rooms in Detroit, MI

Virtual data rooms for Detroit deals, audits and legal matters

Detroit has 2,130 law offices and 1,777 accounting, tax, bookkeeping and payroll firms with paid staff, by the Census Bureau's 2023 count. ShareAndGo gives Detroit teams a data room for that: one place per deal, audit or matter, with a record of who opened what.

What sets Detroit's economy apart

The industry that stands out most in the Detroit-Warren-Dearborn, MI metro, measured against the national mix, is transportation equipment manufacturing. Its 537 establishments are 3.8 times the share you would expect from the country as a whole. Next come machinery manufacturing (848 establishments, 3.2 times) and fabricated metal products (1,320 establishments, 2.0 times). No other metro on these pages has a higher concentration of transportation equipment manufacturing, out of 58 with published figures.

Suppliers to vehicle and aircraft makers share program contracts and quality records with acquirers and lenders.

Machinery makers share engineering drawings, patents and dealer agreements with buyers who should see only what they need. In machinery manufacturing, Detroit places 2nd of 60 metros here; Milwaukee, WI leads.

The firms that share confidential documents in Detroit

Accounting work carries unusual weight in the Detroit-Warren-Dearborn, MI metro: 1,777 accounting, tax, bookkeeping and payroll establishments, 706 of them CPA offices, against 2,130 law offices, a ratio of 1.2 law offices to each accounting firm, where the typical metro here has 1.2.

For transactions, the Detroit-Warren-Dearborn, MI metro adds 1,221 securities and investment establishments, 640 corporate and regional managing offices and 1,080 real estate brokerages.

Those five groups make up 6,848 of the 102,430 employer establishments counted in the Detroit-Warren-Dearborn, MI metro, about 7 percent.

  • Offices of lawyers (NAICS 541110): 2,130
  • Accounting, tax preparation, bookkeeping and payroll services (NAICS 5412): 1,777
  • Offices of certified public accountants (NAICS 541211): 706
  • Securities, commodity contracts and like activity (NAICS 523): 1,221
  • Corporate, subsidiary and regional managing offices (NAICS 551114): 640
  • Offices of real estate agents and brokers (NAICS 531210): 1,080
  • Law offices by size: 1,496 under 5 employees, 297 with 5 to 9, 172 with 10 to 19, 112 with 20 to 49, 53 with 50 or more
  • Employees in law offices, mid-March 2023: about 16,000
  • Employees in accounting, tax, bookkeeping and payroll: about 15,000

How Detroit compares

The Census Bureau estimated the Detroit-Warren-Dearborn, MI metro's population at 4,400,578 in July 2024, up 8,190 or 0.2 percent on the April 2020 base of 4,392,388.

Measured against the 2023 estimate of 4,369,590, the same year as the business count, Detroit has 48.7 offices of lawyers per 100,000 residents, 38th of the 59 metro areas on these pages against a median of 52.6; the nearest rates are Dallas, TX at 48.6 and Boise, ID at 48.5.

The metro with the closest number of law offices is Seattle, WA, with 2,146; the metro closest in population, San Francisco, CA at 4,648,486 residents, has 2,984 law offices and 2,094 accounting, tax, bookkeeping and payroll establishments.

Counted by accounting, tax, bookkeeping and payroll firms instead, Detroit's nearest match is Tampa, FL, with 1,758.

  • Residents, July 2024: 4,400,578
  • Residents, April 2020 base: 4,392,388
  • Change since 2020: +8,190 (0.2 percent), 48th of 59
  • Law offices per 100,000 residents: 48.7, 38th of 59
  • Accounting, tax, bookkeeping and payroll per 100,000 residents: 40.7, 32nd of 59
  • Securities and investment per 100,000 residents: 27.9, 49th of 59
  • Managing offices per 100,000 residents: 14.6, 32nd of 59
  • Real estate agents and brokers per 100,000 residents: 24.7, 57th of 59
  • Employees in offices of lawyers: about 16,000
  • Employees in accounting, tax, bookkeeping and payroll: about 15,000

Where Detroit's firms are

The Census definition of the metro takes in six counties. Taken one by one, Oakland County had 1,244 offices of lawyers, Wayne County 494 and Macomb County 283.

Oakland County alone holds 58 percent of the metro total, and the three counties beyond those three hold 109 between them.

  • Oakland County: 1,244
  • Wayne County: 494
  • Macomb County: 283
  • Livingston County: 61
  • St. Clair County: 26
  • Lapeer County: 22

The courts and regulators behind Detroit paperwork

When a Detroit dispute reaches federal court, it goes to the U.S. District Court for the Eastern District of Michigan.

CPAs practicing in Michigan are licensed by the Michigan State Board of Accountancy.

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

What a ShareAndGo data room does for Detroit audit work

Here is what a ShareAndGo room gives accounting and tax practices in Detroit.

  • Audit Upload compares the folder you uploaded from with the room, file by file, and the check itself uploads nothing.
  • Reviewers ask questions against a specific document, and every question and answer is kept with a timestamp.

Detroit FAQ

How many Detroit law practices have paid staff?
The Census Bureau's 2023 County Business Patterns puts 2,130 offices of lawyers with paid employees in the Detroit-Warren-Dearborn, MI metro, 1,496 of them with fewer than five employees.
How many of the Detroit area's law offices are in Oakland County?
Oakland County holds 1,244 of the metro's 2,130, followed by Wayne County with 494.
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.