Virtual data rooms in Rhode Island

Virtual data rooms for Rhode Island firms

Rhode Island has 418 real estate offices, 444 accounting and tax firms, 681 law offices and 376 securities and investment firms with paid employees. Its breach notice rule runs on forty-five days. 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 Rhode Island

County Business Patterns counted 29,510 employer establishments in Rhode Island in 2023. Measured per person against the 50 states and DC, Rhode Island ranks 22nd for accounting, tax, bookkeeping and payroll firms, at 40.2 per 100,000, 26th for securities and investment firms, at 34.1, and 30th for offices of real estate agents and brokers, at 37.9. Law offices number 681, or 61.7 per 100,000, which is 5th.

These are mostly small businesses. 494 of the state's law offices and 274 of its securities and investment firms have fewer than five employees.

  • Offices of lawyers: 681
  • Accounting, tax preparation, bookkeeping and payroll services: 444
  • Securities and investment firms: 376
  • Corporate and regional managing offices: 131
  • Offices of real estate agents and brokers: 418

Where those firms are

By county, Providence County leads with 467 law offices, ahead of Kent County (116), Newport County (41) and Washington County (40). Those four hold 98 percent of the state's total.

Our Providence page goes through its figures in detail.

What sets Providence apart

Providence's business mix leans furthest toward ground passenger transportation, with 211 establishments at 2.0 times the national share; medical device and other manufacturing (228, 1.9 times) and nursing and residential care (724, 1.5 times) come next.

How Rhode Island compares

The Census Bureau estimated Rhode Island's population at 1,112,308 in July 2024, up 1.4 percent from the April 2020 base of 1,097,354.

On law offices per 100,000 residents, Rhode Island sits next to Louisiana at 70.1 and Montana at 59.9, against 61.7 here. Across the 50 states and DC the combined rate is 49.1.

Small offices make up 73 percent of the state's law offices, against 72 percent across the 50 states and DC.

Rhode Island's forty-five-day breach clock

Rhode Island's Identity Theft Protection Act of 2015 sits in R.I. Gen. Laws chapter 11-49.3, with the notice duty at § 11-49.3-4.

The resident clock is written as "in the most expedient time possible" and "no later than forty-five (45) calendar days after confirmation of the breach and the ability to ascertain the information required to fulfill the notice requirements". It starts at confirmation, not at the first sign of trouble.

  • Deadline to residents: No later than 45 calendar days after confirmation of the breach and the ability to ascertain the information the notice needs
  • Agencies: State and municipal agencies have 30 days
  • Regulator: The attorney general, plus the major credit reporting agencies
  • When the regulator is told: When more than 500 Rhode Island residents are to be notified
  • Encrypted data: Outside the definition when encrypted with a 128-bit or higher process

The trigger: significant risk of identity theft

Notice is owed for a breach "that poses a significant risk of identity theft to any resident of Rhode Island whose personal information was, or is reasonably believed to have been, acquired by an unauthorized person or entity."

That wording builds the risk assessment into the duty itself. A breach that poses no significant risk of identity theft falls outside it.

Our Rhode Island 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 Rhode Island 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.

In Providence or Warwick, a team sending a client's health insurance papers to an adviser can put them in a room the adviser opens after confirming a six-digit code sent to their email, with no account to create.

The per-viewer watermark is a per-room setting, on by default. The log is chained, each entry linked to the one before it, and it exports as CSV for anyone reconstructing which files a person opened inside ShareAndGo.

The courts and regulators behind Rhode Island paperwork

Federal cases from Rhode Island are heard in the U.S. District Court for the District of Rhode Island. CPAs practicing in Rhode Island are licensed by the Rhode Island Board of Accountancy.

Rhode Island FAQ

How many law offices are there in Rhode Island?
County Business Patterns 2023 counted 681 offices of lawyers with paid employees in Rhode Island, 494 of them with fewer than five employees. Providence County has the most, 467.
Does a breach of paper records count?
Yes. The definition covers data elements that are in hard copy, paper format.
When does the attorney general need to hear about it?
When more than 500 Rhode Island residents are to be notified. The credit reporting agencies are told in that case too.
Do people I share documents with need an account?
No. Readers confirm their email with a six-digit code, with no account to create.