Virtual data rooms in Virginia

Virtual data rooms for Virginia firms

Virginia has 4,254 real estate offices, 3,037 accounting and tax firms, 3,425 law offices and 2,527 securities and investment firms with paid employees. Our read of its breach notice rule covers notice to residents and the Office of the Attorney General without unreasonable delay, and the fraud trigger. 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 Virginia

County Business Patterns counted 210,842 employer establishments in Virginia in 2023. On a per-person count across the 50 states and DC, Virginia sits 21st for offices of real estate agents and brokers, at 48.7 per 100,000, 36th for securities and investment firms, at 28.9, and 39th for accounting, tax, bookkeeping and payroll firms, at 34.8. For law, 3,425 offices make 39.2 per 100,000 and a rank of 39th.

These are mostly small businesses. 2,253 of the state's law offices and 1,953 of its securities and investment firms have fewer than five employees.

  • Offices of lawyers: 3,425
  • Accounting, tax preparation, bookkeeping and payroll services: 3,037
  • Securities and investment firms: 2,527
  • Corporate and regional managing offices: 1,034
  • Offices of real estate agents and brokers: 4,254

Where those firms are

By county, Fairfax County leads with 509 law offices, ahead of Virginia Beach city (231), Richmond city (222) and Henrico County (180). Those four hold 33 percent of the state's total.

Our Virginia Beach page goes through its figures in detail.

What sets Virginia Beach apart

Transportation support services is the sector that most marks out Virginia Beach, at 328 establishments and 1.4 times the national share; heavy and civil engineering construction (250, 1.4 times) comes next.

How Virginia compares

The Census Bureau estimated Virginia's population at 8,811,195 in July 2024, up 2.1 percent from the April 2020 base of 8,631,388.

On law offices per 100,000 residents, Virginia sits next to Pennsylvania at 39.4 and Hawaii at 39.1, against 39.2 here. Across the 50 states and DC the combined rate is 49.1.

Small offices make up 66 percent of the state's law offices, against 72 percent across the 50 states and DC.

Virginia's breach notice rule

Virginia's breach rule is Va. Code Ann. § 18.2-186.6.

The core sentence reads that the business "shall disclose any breach of the security of the system following discovery or notification of the breach of the security of the system to the Office of the Attorney General and any affected resident of the Commonwealth without unreasonable delay."

Virginia sets no headcount for this. It names the Office of the Attorney General for any breach that requires notice to residents.

Above 1,000 residents, the consumer reporting agencies are told too.

There is no number of days. The measure is without unreasonable delay.

The fraud trigger

Notice is owed where the breach "causes, or the individual or entity reasonably believes has caused or will cause, identity theft or another fraud to any resident of the Commonwealth".

A breach that does none of those things, and is not reasonably believed to, falls outside the duty.

Our Virginia 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 Virginia team

Richmond and Northern Virginia firms trade passport scans and military ID copies with contractors and agencies.

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, so each viewed page names its reader. Each group sees only its own folders, recipients enter with a six-digit code and no account, and the chained log exports as CSV.

The courts and regulators behind Virginia paperwork

CPAs practicing in Virginia are licensed by the Virginia Board of Accountancy.

Virginia FAQ

How many law offices are there in Virginia?
County Business Patterns 2023 counted 3,425 offices of lawyers with paid employees in Virginia, 2,253 of them with fewer than five employees. Fairfax County has the most, 509.
Is the Attorney General told only for large breaches?
No. The Office of the Attorney General is told for any breach that requires notice to residents.
Are passport and military ID numbers covered?
Yes, both are listed data elements.
Do people I share documents with need an account?
No. Readers confirm their email with a six-digit code, with no account to create.