Virtual data rooms in Raleigh, NC

Virtual data rooms for Raleigh deals, audits and legal matters

By the Census Bureau's 2023 count, the Raleigh-Cary, NC metro holds 736 offices of lawyers, 599 accounting, tax, bookkeeping and payroll firms and 645 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 Raleigh's economy apart

Compared with the United States as a whole, the Raleigh-Cary, NC metro has an unusually large share of its businesses in publishing, including software publishing: 221 establishments, 1.5 times the national share. Next come data processing and hosting (120 establishments, 1.4 times) and professional, scientific and technical services (6,345 establishments, 1.4 times). Of the 61 metros on these pages with published figures for publishing, including software publishing, Raleigh ranks 8th, behind Wilmington, DE and others.

Software and publishing deals put source-code escrow terms, licenses and subscriber metrics in front of investors and acquirers.

Hosting and data businesses share security audits, customer contracts and infrastructure leases during diligence. In data processing and hosting, Raleigh places 9th of 60 metros here; Wilmington, DE leads.

The firms that share confidential documents in Raleigh

Law offices in the Raleigh-Cary, NC metro run larger than most: only 63 percent of its 736 have fewer than five employees, below the 70 percent median for the metros on these pages, and the average office employs about 7.8 people.

On the deal side, the Raleigh-Cary, NC metro also counts 645 securities and investment establishments, 258 corporate and regional managing offices and 1,227 real estate brokerages.

Those five groups make up 3,465 of the 39,252 employer establishments counted in the Raleigh-Cary, NC metro, about 9 percent.

  • Offices of lawyers (NAICS 541110): 736
  • Accounting, tax preparation, bookkeeping and payroll services (NAICS 5412): 599
  • Offices of certified public accountants (NAICS 541211): 277
  • Securities, commodity contracts and like activity (NAICS 523): 645
  • Corporate, subsidiary and regional managing offices (NAICS 551114): 258
  • Offices of real estate agents and brokers (NAICS 531210): 1,227
  • Law offices by size: 465 under 5 employees, 122 with 5 to 9, 85 with 10 to 19, 47 with 20 to 49, 17 with 50 or more
  • Employees in law offices, mid-March 2023: about 5,800
  • Employees in accounting, tax, bookkeeping and payroll: about 5,500

How Raleigh compares

The Census Bureau estimated the Raleigh-Cary, NC metro's population at 1,562,009 in July 2024, up 148,034 or 10.5 percent on the April 2020 base of 1,413,975.

Measured against the 2023 estimate of 1,522,844, the same year as the business count, Raleigh has 48.3 offices of lawyers per 100,000 residents, 41st of the 59 metro areas on these pages against a median of 52.6; the nearest rates are Boise, ID at 48.5 and Dallas, TX at 48.6.

The metro with the closest number of law offices is Salt Lake City, UT, with 734; the metro closest in population, Milwaukee, WI at 1,574,452 residents, has 643 law offices and 581 accounting, tax, bookkeeping and payroll establishments.

Counted by accounting, tax, bookkeeping and payroll firms instead, Raleigh's nearest match is Virginia Beach, VA, with 586.

  • Residents, July 2024: 1,562,009
  • Residents, April 2020 base: 1,413,975
  • Change since 2020: +148,034 (10.5 percent), 3rd of 59
  • Law offices per 100,000 residents: 48.3, 41st of 59
  • Accounting, tax, bookkeeping and payroll per 100,000 residents: 39.3, 35th of 59
  • Securities and investment per 100,000 residents: 42.4, 22nd of 59
  • Managing offices per 100,000 residents: 16.9, 17th of 59
  • Real estate agents and brokers per 100,000 residents: 80.6, 13th of 59
  • Employees in offices of lawyers: about 5,800
  • Employees in accounting, tax, bookkeeping and payroll: about 5,500

Where Raleigh's firms are

The Census definition of the metro takes in three counties. Taken one by one, Wake County had 665 offices of lawyers, Johnston County 58 and Franklin County 13.

Wake County alone holds 90 percent of the metro total, and the 0 counties beyond those three hold 0 between them.

Among the North Carolina metros on these pages, Raleigh ranks 2nd of 2 by law offices: Charlotte 1,078; Raleigh 736.

  • Wake County: 665
  • Johnston County: 58
  • Franklin County: 13

The courts and regulators behind Raleigh paperwork

When a Raleigh dispute reaches federal court, it goes to the U.S. District Court for the Eastern District of North Carolina.

CPAs practicing in North Carolina are licensed by the North Carolina State Board of CPA Examiners.

At state level, securities offerings and investment advisers in North Carolina answer to the North Carolina Secretary of State, Securities Division, so a Raleigh fund raising money or an adviser facing an exam has documents to produce on request.

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

What a ShareAndGo data room does for Raleigh property work

For brokerages and property deal teams in Raleigh, a ShareAndGo room keeps the file in one place.

  • Nested folders with drag and drop let you file documents by workstream, such as financials, legal and property.
  • 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.

Raleigh FAQ

How many law firms are there in Raleigh?
County Business Patterns 2023 counted 736 offices of lawyers with paid employees in the Raleigh-Cary, NC metro, 465 of them with fewer than five employees.
How many of the Raleigh area's law offices are in Wake County?
Wake County holds 665 of the metro's 736, followed by Johnston County with 58.
Do the people I invite need a ShareAndGo account?
No. 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. It runs in the browser, so the people you invite install nothing.