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Law Firms in South Dakota

Author.Name IBISWorld United States Last Updated: August 2025 NAICS SD54111

Law Firms in South Dakota industry analysis

The Law Firms industry in South Dakota is expected to grow an annualized x.x% to $x.x million over the five years to 2025, while the national industry will likely grow at x.x% during the same period. Industry establishments decreased an annualized -x% to xxx locations. Industry employment has increased an annualized x.x% to x,xxx workers, while industry wages have decreased an annualized -x.x% to $x.x million.

Over the five years to 2030, the industry is expected to grow an annualized x.x% to $x.x million, while the national industry is expected to grow x.x%. Industry establishments are forecast to decline -x.x% to xxx locations. Industry employment is expected to increase an annualized x.x% to x,xxx workers, while industry wages are forecast to increase % to $x.x million.

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About the Law Firms in South Dakota Market Research Report

What’s Included in the Law Firms in South Dakota Market Research Report

Definition of the Law Firms in South Dakota?

Law firms in the United States comprise the offices of legal practitioners, known as lawyers or attorneys, who primarily practice law. The industry provides expertise in various areas of law, including criminal, corporate, family and estate, patent, real estate or tax.

What’s included in the Law Firms in South Dakota?

The Law Firms in South Dakota includes criminal law services, corporate law services, family law services, estate law services, intellectual property law services, real estate law services, tax law services, commercial law services, personal injury services and property law services. Related terms covered in the Law Firms in South Dakota industry report includes the issuing of a company's common stock to the public for the first time, the buying, selling and combining of companies, the inability to pay debts, the largest firms in the industry and professional work that is undertaken voluntarily and without payment.

Industry Performance of the Law Firms industry in South Dakota

Benchmark the Law Firms in South Dakota industry performance with all SD county and national performance.

Law Firms in South Dakota

#49 in Highest Revenue 0.1% of state's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Law Firms in the US


Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

For the full list of industry drivers, see report purchase options.

Key Drivers of the Law Firms industry in South Dakota

See how key industry drivers, such as population, house price index, new business formation, corporate profit, number of businesses and per capita disposable income are impacting Law Firms in South Dakota

South Dakota Economic Indicators

Population
House Price Index
New Business Formation

View more economic information in SD State Economic profile

US Key External Drivers

Corporate profit
Number of businesses
Per capita disposable income

For the full list of industry drivers, see report purchase options.

County Data of the Law Firms industry in South Dakota

Access proprietary data on county in the Law Firms in South Dakota, such as Minnehaha County, Pennington County and Lincoln County. Data includes figures on revenue, establishments, employees and wages by counties.

Key Statistics of the Law Firms industry in South Dakota

Download 18 years of historical data and 5 years of projected performance.

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Top Questions Answered in this Report

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What is the market size of the Law Firms industry in South Dakota in 2025?

The market size of the Law Firms industry in South Dakota is $346.5m in 2025.

How many businesses are there in the Law Firms industry in South Dakota in 2025?

There are 918 businesses in the Law Firms industry in South Dakota, which has been declining at an average annual rate of -1.0% from 2020 to 2025.

Has the Law Firms industry in South Dakota grown or declined over the past 5 years?

The market size of the Law Firms industry in South Dakota has been growing at an average annual rate of 0.6% from 2020 to 2025.

How many employees in the Law Firms industry in South Dakota in 2025?

There are 1,991 employees in the Law Firms industry in South Dakota, which has been growing at an average annual rate of 0.8% from 2020 to 2025.