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Virtual data rooms in Tennessee

Virtual data rooms for Tennessee firms

Tennessee has 1,637 real estate offices, 1,933 accounting and tax firms, 2,260 law offices and 1,637 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 Tennessee

County Business Patterns counted 150,129 employer establishments in Tennessee in 2023. On a per-person count across the 50 states and DC, Tennessee sits 45th for securities and investment firms, at 22.9 per 100,000, 48th for offices of real estate agents and brokers, at 22.9, and 51st for accounting, tax, bookkeeping and payroll firms, at 27.0. Law offices number 2,260, or 31.6 per 100,000, which is 50th.

These are mostly small businesses. 1,592 of the state's law offices and 1,227 of its securities and investment firms have fewer than five employees.

  • Offices of lawyers: 2,260
  • Accounting, tax preparation, bookkeeping and payroll services: 1,933
  • Securities and investment firms: 1,637
  • Corporate and regional managing offices: 1,209
  • Offices of real estate agents and brokers: 1,637

Where those firms are

The Nashville-Davidson-Murfreesboro-Franklin, TN metro has 801 of Tennessee's 2,260 law offices, 35 percent, and our Nashville page goes through its figures in detail. Knoxville follows with 314 and Jackson with 60.

By county, Davidson County leads with 435 law offices, ahead of Shelby County (316), Knox County (242) and Hamilton County (163). Those four hold 51 percent of the state's total.

What sets Nashville apart

Nashville's business mix leans furthest toward performing arts and live entertainment, with 1,187 establishments at 2.8 times the national share; film, television and music production (447, 2.4 times) and warehousing (208, 1.6 times) come next.

How Tennessee compares

The Census Bureau estimated Tennessee's population at 7,227,750 in July 2024, up 4.6 percent from the April 2020 base of 6,912,347.

On law offices per 100,000 residents, Tennessee sits next to Indiana at 32.5 and Wisconsin at 28.9, against 31.6 here. Across the 50 states and DC the combined rate is 49.1.

Small offices make up 70 percent of the state's law offices, against 72 percent across the 50 states and DC.

Tennessee's forty-five-day breach clock

Tennessee's rule is Tenn. Code Ann. § 47-18-2107, part of the Identity Theft Deterrence Act, in the form rewritten by 2017 Public Chapter 91.

"The disclosure must be made no later than forty-five (45) days from the discovery or notification of the breach of system security, unless a longer period of time is required due to the legitimate needs of law enforcement."

So the clock can run from either moment: the holder finding the breach itself, or being told about it.

The 2017 text names no attorney general or other regulator to be told.

Our Tennessee 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 Tennessee team

Nashville and Memphis businesses that exchange bank details or license scans with partners usually find, after an incident, that email threads give no clear answer to who saw them.

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.

Watermarking is a per-room setting, on by default. Recipients confirm their email with a six-digit code and need no account, groups see only their own folders, and the chained activity log exports as CSV.

The courts and regulators behind Tennessee paperwork

Federal cases from Nashville are heard in the U.S. District Court for the Middle District of Tennessee. CPAs practicing in Tennessee are licensed by the Tennessee State Board of Accountancy.

Tennessee FAQ

How many law offices are there in Tennessee?
County Business Patterns 2023 counted 2,260 offices of lawyers with paid employees in Tennessee, 1,592 of them with fewer than five employees. Davidson County has the most, 435.
Can the 45 days be extended?
The 2017 text allows a longer period only where it is required due to the legitimate needs of law enforcement.
Does Tennessee require telling a state regulator?
The 2017 text has no notice to the attorney general or another regulator. Later amendments were not checked.
Do people I share documents with need an account?
No. Readers confirm their email with a six-digit code, with no account to create.

Tennessee metros

Nashville, TN

Data rooms for Nashville's 801 law offices and 655 accounting, tax, bookkeeping and payroll firms, with audit trails and view-only access.

Related

Tennessee data breach notification law

About the figures on our location pages