Virtual data rooms in Billings, MT

Virtual data rooms for Billings deals, audits and legal matters

By the Census Bureau's 2023 count, the Billings, MT metro holds 109 offices of lawyers, 120 accounting, tax, bookkeeping and payroll firms and 84 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 Billings's economy apart

Compared with the United States as a whole, the Billings, MT metro has an unusually large share of its businesses in oilfield and mining support services: 30 establishments, 3.1 times the national share. Next come recreation, amusement and gaming (172 establishments, 2.4 times) and heavy and civil engineering construction (61 establishments, 1.9 times). Of the 48 metros on these pages with published figures for oilfield and mining support services, Billings ranks 3rd, behind Oklahoma City, OK and others.

Service-company sales and refinancings depend on master service agreements, fleet records and safety files.

Gaming and recreation businesses share licenses, revenue records and regulator correspondence during transactions. In recreation, amusement and gaming, Billings leads every metro on these pages.

The firms that share confidential documents in Billings

Accounting work carries unusual weight in the Billings, MT metro: 120 accounting, tax, bookkeeping and payroll establishments, 57 of them CPA offices, against 109 law offices, a ratio of 0.9 law offices to each accounting firm, where the typical metro here has 1.2.

On the deal side, the Billings, MT metro also counts 84 securities and investment establishments, 24 corporate and regional managing offices and 201 real estate brokerages.

Those five groups make up 538 of the 6,797 employer establishments counted in the Billings, MT metro, about 8 percent.

  • Offices of lawyers (NAICS 541110): 109
  • Accounting, tax preparation, bookkeeping and payroll services (NAICS 5412): 120
  • Offices of certified public accountants (NAICS 541211): 57
  • Securities, commodity contracts and like activity (NAICS 523): 84
  • Corporate, subsidiary and regional managing offices (NAICS 551114): 24
  • Offices of real estate agents and brokers (NAICS 531210): 201
  • Employees in law offices, mid-March 2023: about 562
  • Employees in accounting, tax, bookkeeping and payroll: about 638

How Billings compares

The Census Bureau estimated the Billings, MT metro's population at 192,531 in July 2024, up 8,367 or 4.5 percent on the April 2020 base of 184,164.

Measured against the 2023 estimate of 191,390, the same year as the business count, Billings has 57.0 offices of lawyers per 100,000 residents, 23rd of the 59 metro areas on these pages against a median of 52.6; the nearest rates are Portland, OR at 57.1 and Salt Lake City, UT at 57.2.

The metro with the closest number of law offices is Burlington, VT, with 117; the metro closest in population, Charleston, WV at 202,091 residents, has 163 law offices and 74 accounting, tax, bookkeeping and payroll establishments.

Counted by accounting, tax, bookkeeping and payroll firms instead, Billings's nearest match is Sioux Falls, SD, with 125.

  • Residents, July 2024: 192,531
  • Residents, April 2020 base: 184,164
  • Change since 2020: +8,367 (4.5 percent), 20th of 59
  • Law offices per 100,000 residents: 57.0, 23rd of 59
  • Accounting, tax, bookkeeping and payroll per 100,000 residents: 62.7, 3rd of 59
  • Securities and investment per 100,000 residents: 43.9, 18th of 59
  • Managing offices per 100,000 residents: 12.5, 42nd of 59
  • Real estate agents and brokers per 100,000 residents: 105.0, 3rd of 59
  • Employees in offices of lawyers: about 562
  • Employees in accounting, tax, bookkeeping and payroll: about 638

Where Billings's firms are

The Census definition of the metro takes in three counties. Taken one by one, Yellowstone County had 105 offices of lawyers, Carbon County 3 and Stillwater County 0.

Yellowstone County alone holds 96 percent of the metro total, and the 0 counties beyond those three hold 0 between them.

  • Yellowstone County: 105
  • Carbon County: 3

The courts and regulators behind Billings paperwork

When a Billings dispute reaches federal court, it goes to 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 answer to the Montana Commissioner of Securities and Insurance, so a Billings fund raising money or an adviser facing an exam has documents to produce on request.

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

What a ShareAndGo data room does for Billings property work

Here is what a ShareAndGo room gives brokerages and property deal teams in Billings.

  • Guests confirm who they are with a one-time code sent to their email, so there is no password to remember and no account to create.
  • View-only mode turns off downloading, printing and copying for the people you choose.

Billings FAQ

How many Billings law practices have paid staff?
County Business Patterns 2023 counted 109 offices of lawyers with paid employees in the Billings, MT metro, 76 of them with fewer than five employees.
How many of the Billings area's law offices are in Yellowstone County?
Yellowstone County holds 105 of the metro's 109, followed by Carbon County with 3.
Can I tell who has opened a document?
Yes. Room insights show who visited and what they viewed. 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.