Virtual data rooms in Texas

Virtual data rooms for Texas firms

Texas has 11,405 real estate offices, 11,224 accounting and tax firms, 13,833 law offices and 9,871 securities and investment firms with paid employees. Its breach notice rule runs on sixty 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 Texas

County Business Patterns counted 670,878 employer establishments in Texas in 2023. Measured per person against the 50 states and DC, Texas ranks 31st for securities and investment firms, at 32.1 per 100,000, 32nd for accounting, tax, bookkeeping and payroll firms, at 36.5, and 34th for offices of real estate agents and brokers, at 37.1. For law, 13,833 offices make 45.0 per 100,000 and a rank of 21st.

These are mostly small businesses. 10,006 of the state's law offices and 7,837 of its securities and investment firms have fewer than five employees.

  • Offices of lawyers: 13,833
  • Accounting, tax preparation, bookkeeping and payroll services: 11,224
  • Securities and investment firms: 9,871
  • Corporate and regional managing offices: 3,705
  • Offices of real estate agents and brokers: 11,405

Where those firms are

The Dallas-Fort Worth-Arlington, TX metro has 3,969 of Texas's 13,833 law offices, 29 percent. Houston-Pasadena-The Woodlands follows with 3,867 and Austin-Round Rock-San Marcos with 1,524.

By county, Harris County leads with 3,182 law offices, ahead of Dallas County (2,200), Travis County (1,286) and Bexar County (1,056). Those four hold 56 percent of the state's total.

Our Austin, Dallas, Houston and San Antonio pages go through their figures in detail.

What sets Texas's metros apart

Publishing, including software publishing, is the sector that most marks out Austin, at 571 establishments and 2.2 times the national share; internet and other information services (232, 2.2 times) and data processing and hosting (291, 2.0 times) come next.

Dallas's business mix leans furthest toward corporate and regional headquarters, with 1,750 establishments at 1.6 times the national share; oilfield and mining support services (420, 1.5 times) and wholesale agents and brokers (1,189, 1.5 times) come next.

Against the national mix, Houston runs heaviest in oil and gas extraction: 363 establishments, 3.6 times the share you would see across the country; oilfield and mining support services (805, 3.5 times) and chemical manufacturing (473, 1.7 times) come next.

Oilfield and mining support services is the sector that most marks out San Antonio, at 198 establishments and 2.6 times the national share; rental and leasing (459, 1.4 times) and heavy and civil engineering construction (326, 1.4 times) come next.

How Texas compares

The Census Bureau estimated Texas's population at 31,290,831 in July 2024, up 7.3 percent from the April 2020 base of 29,149,458.

On law offices per 100,000 residents, Texas sits next to New Mexico at 46.3 and Missouri at 44.4, against 45.0 here. Across the 50 states and DC the combined rate is 49.1.

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

Texas's sixty-day breach clock

Texas sets its breach rule in Tex. Bus. & Com. Code § 521.053, part of the Identity Theft Enforcement and Protection Act.

The attorney general's notice is filed through an electronic form on the attorney general's website.

Both clocks run from the date "on which the person determines that the breach occurred", not from the date of the intrusion.

  • Individuals: Without unreasonable delay and not later than the 60th day after the person determines the breach occurred. Applies when sensitive personal information was or is reasonably believed to have been acquired.
  • Attorney General: As soon as practicable and not later than the 30th day after that determination. Applies when the breach involves at least 250 Texas residents.

No harm test; encryption and the key

Section 521.053 has no risk-of-harm exception.

Encryption helps only while the key stays safe. A breach includes "data that is encrypted if the person accessing the data has the key required to decrypt the data."

Our Texas 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 Texas team

Houston and Dallas firms routinely send patient billing files, ID scans and account details to outside reviewers.

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.

The watermark is a per-room setting, on by default. Reviewers enter with a six-digit code sent to their email and need no account. Each group sees only its folders, and the chained log exports as CSV for a fast answer about which files someone opened inside ShareAndGo.

The courts and regulators behind Texas paperwork

Federal cases from Austin and San Antonio are heard in the U.S. District Court for the Western District of Texas.

Federal cases from Dallas are heard in the U.S. District Court for the Northern District of Texas.

Federal cases from Houston are heard in the U.S. District Court for the Southern District of Texas. CPAs practicing in Texas are licensed by the Texas State Board of Public Accountancy.

At state level, securities offerings and investment advisers in Texas come under the Texas State Securities Board.

Texas FAQ

How many law offices are there in Texas?
County Business Patterns 2023 counted 13,833 offices of lawyers with paid employees in Texas, 10,006 of them with fewer than five employees. Harris County has the most, 3,182.
How many Texans before the attorney general is told?
At least 250 residents of Texas.
Does medical billing information count?
Yes. Information that identifies a person and relates to payment for the provision of health care to them is covered.
Do people I share documents with need an account?
No. Readers confirm their email with a six-digit code, with no account to create.