Virtual data rooms in Montana

Virtual data rooms for Montana firms

Montana has 1,100 real estate offices, 736 accounting and tax firms, 678 law offices and 449 securities and investment firms with paid employees. Our read of its breach notice rule covers what personal information counts, when residents must hear, and the copy owed to the consumer protection office. 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 Montana

County Business Patterns counted 42,566 employer establishments in Montana in 2023. Set against the other states and DC by population, Montana places 1st for accounting, tax, bookkeeping and payroll firms, at 65.1 per 100,000, 2nd for offices of real estate agents and brokers, at 97.2, and 14th for securities and investment firms, at 39.7. For law, 678 offices make 59.9 per 100,000 and a rank of 6th.

These are mostly small businesses. 505 of the state's law offices and 370 of its securities and investment firms have fewer than five employees.

  • Offices of lawyers: 678
  • Accounting, tax preparation, bookkeeping and payroll services: 736
  • Securities and investment firms: 449
  • Corporate and regional managing offices: 115
  • Offices of real estate agents and brokers: 1,100

Where those firms are

The Missoula, MT metro has 143 of Montana's 678 law offices, 21 percent. Bozeman follows with 110 and Billings with 109.

By county, Missoula County leads with 140 law offices, ahead of Gallatin County (110), Yellowstone County (105) and Flathead County (70). Those four hold 63 percent of the state's total.

Our Billings page goes through its figures in detail.

What sets Billings apart

Against the national mix, Billings runs heaviest in oilfield and mining support services: 30 establishments, 3.1 times the share you would see across the country; recreation, amusement and gaming (172, 2.4 times) and heavy and civil engineering construction (61, 1.9 times) come next.

How Montana compares

The Census Bureau estimated Montana's population at 1,137,233 in July 2024, up 4.9 percent from the April 2020 base of 1,084,216.

On law offices per 100,000 residents, Montana sits next to Rhode Island at 61.7 and New York at 59.5, against 59.9 here. Across the 50 states and DC the combined rate is 49.1.

Small offices make up 74 percent of the state's law offices, against 72 percent across the 50 states and DC.

Montana's breach notice rule

Montana's rule sits in Mont. Code Ann. § 30-14-1704, the computer security breach section, and it turns on unencrypted personal information reaching an unauthorized person.

Montana sets no fixed number of days in the text we read. The duty to send the consumer protection office its copy applies to any notice given under the section, so even a small incident produces a filing.

  • Notice to residents: Without unreasonable delay.
  • Regulator: The Attorney General's Office of Consumer Protection.
  • What the regulator receives: An electronic copy of the notice and a statement giving the date and method of distribution.
  • When it goes: Simultaneously with notice to residents.
  • Size threshold: None stated; any notice under the section triggers the copy.

Read the rule in full

Our Montana 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 Montana 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.

Each data room has its own watermark setting, which is on by default. Recipients confirm their email with a six-digit code and need no account, so the names in the log are confirmed addresses rather than a forwarded link. Groups see only their own folders, which narrows the list of people who could have opened a given file. The log is chained and exports as CSV, so a Montana business answering who opened which file, and on what date, has a record to start from inside ShareAndGo.

The courts and regulators behind Montana paperwork

Federal cases from Montana are heard in the U.S. District Court for the District of Montana, whose Billings courthouse is the James F. Battin Federal Courthouse. CPAs practicing in Montana are licensed by the Montana Board of Public Accountants.

At state level, securities offerings and investment advisers in Montana come under the Montana Commissioner of Securities and Insurance.

Montana FAQ

How many law offices are there in Montana?
County Business Patterns 2023 counted 678 offices of lawyers with paid employees in Montana, 505 of them with fewer than five employees. Missoula County has the most, 140.
Does Montana set a deadline in days?
No fixed day count appears in § 30-14-1704 as read; the test is without unreasonable delay.
Who in state government receives a copy?
The Attorney General's consumer protection office, which gets an electronic copy of the notice and a statement of the date and method of distribution.
Do people I share documents with need an account?
No. Readers confirm their email with a six-digit code, with no account to create.