Virtual data rooms in Minneapolis, MN

Virtual data rooms for Minneapolis deals, audits and legal matters

Minneapolis has 1,570 law offices and 1,407 accounting, tax, bookkeeping and payroll firms with paid staff, by the Census Bureau's 2023 count. ShareAndGo gives Minneapolis teams a data room for that: one place per deal, audit or matter, with a record of who opened what.

What sets Minneapolis's economy apart

The industry that stands out most in the Minneapolis-St. Paul-Bloomington, MN-WI metro, measured against the national mix, is nursing and residential care. Its 2,613 establishments are 2.3 times the share you would expect from the country as a whole. Next come wholesale agents and brokers (818 establishments, 2.0 times) and computer and electronic products (240 establishments, 1.8 times). Of the 61 metros on these pages with published figures for nursing and residential care, Minneapolis ranks 2nd, behind Anchorage, AK.

Care-facility sales and refinancings review licenses, survey results and operator agreements.

Brokerage and agency businesses sell on the strength of their principal agreements and commission histories. In wholesale agents and brokers, Minneapolis places 2nd of 61 metros here; Birmingham, AL leads.

The firms that share confidential documents in Minneapolis

The average law office in the Minneapolis-St. Paul-Bloomington, MN-WI metro employs about 8.6 people, more than the 7.1 typical of the metros on these pages, across 1,570 offices in all.

On the deal side, the Minneapolis-St. Paul-Bloomington, MN-WI metro also counts 1,986 securities and investment establishments, 773 corporate and regional managing offices and 2,609 real estate brokerages.

Those five groups make up 8,345 of the 99,443 employer establishments counted in the Minneapolis-St. Paul-Bloomington, MN-WI metro, about 8 percent.

  • Offices of lawyers (NAICS 541110): 1,570
  • Accounting, tax preparation, bookkeeping and payroll services (NAICS 5412): 1,407
  • Offices of certified public accountants (NAICS 541211): 535
  • Securities, commodity contracts and like activity (NAICS 523): 1,986
  • Corporate, subsidiary and regional managing offices (NAICS 551114): 773
  • Offices of real estate agents and brokers (NAICS 531210): 2,609
  • Law offices by size: 1,075 under 5 employees, 248 with 5 to 9, 116 with 10 to 19, 85 with 20 to 49, 46 with 50 or more
  • Employees in law offices, mid-March 2023: about 13,000
  • Employees in accounting, tax, bookkeeping and payroll: about 19,000

How Minneapolis compares

The Census Bureau estimated the Minneapolis-St. Paul-Bloomington, MN-WI metro's population at 3,757,952 in July 2024, up 67,721 or 1.8 percent on the April 2020 base of 3,690,231.

Measured against the 2023 estimate of 3,722,476, the same year as the business count, Minneapolis has 42.2 offices of lawyers per 100,000 residents, 49th of the 59 metro areas on these pages against a median of 52.6; the nearest rates are Honolulu, HI at 42.4 and Omaha, NE at 43.2.

The metro with the closest number of law offices is Austin, TX, with 1,524; the metro closest in population, Tampa, FL at 3,424,560 residents, has 2,361 law offices and 1,758 accounting, tax, bookkeeping and payroll establishments.

Counted by accounting, tax, bookkeeping and payroll firms instead, Minneapolis's nearest match is Orlando, FL, with 1,385.

  • Residents, July 2024: 3,757,952
  • Residents, April 2020 base: 3,690,231
  • Change since 2020: +67,721 (1.8 percent), 35th of 59
  • Law offices per 100,000 residents: 42.2, 49th of 59
  • Accounting, tax, bookkeeping and payroll per 100,000 residents: 37.8, 40th of 59
  • Securities and investment per 100,000 residents: 53.4, 7th of 59
  • Managing offices per 100,000 residents: 20.8, 5th of 59
  • Real estate agents and brokers per 100,000 residents: 70.1, 17th of 59
  • Employees in offices of lawyers: about 13,000
  • Employees in accounting, tax, bookkeeping and payroll: about 19,000

Where Minneapolis's firms are

The Census definition of the metro takes in 15 counties. Taken one by one, Hennepin County had 891 offices of lawyers, Ramsey County 265 and Dakota County 132.

Hennepin County alone holds 57 percent of the metro total, and the 12 counties beyond those three hold 282 between them.

The metro crosses state lines, with territory in Minnesota and Wisconsin.

  • Hennepin County: 891
  • Ramsey County: 265
  • Dakota County: 132
  • Washington County: 101
  • Anoka County: 42
  • St. Croix County: 31
  • Wright County: 27
  • Carver County: 24
  • Scott County: 17
  • Chisago County: 9
  • The other 5 counties: 31

The courts and regulators behind Minneapolis paperwork

When a Minneapolis dispute reaches federal court, it goes to the U.S. District Court for the District of Minnesota.

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

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

What a ShareAndGo data room does for Minneapolis deal work

For corporate development and finance teams in Minneapolis, a ShareAndGo room keeps the file in one place.

  • Reviewers ask questions against a specific document, and every question and answer is kept with a timestamp.
  • At the end, the whole room exports as a ZIP for the file, and the audit trail exports on its own.

Minneapolis FAQ

How many law firms are there in Minneapolis?
The Census Bureau's 2023 County Business Patterns puts 1,570 offices of lawyers with paid employees in the Minneapolis-St. Paul-Bloomington, MN-WI metro, 1,075 of them with fewer than five employees.
How many of the Minneapolis area's law offices are in Hennepin County?
Hennepin County holds 891 of the metro's 1,570, followed by Ramsey County with 265.
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.