54111 - Offices of Lawyers
Navigating the world of business classifications can be challenging, especially for legal professionals. One key classification to know is NAICS code 54111, which covers the specialized industry of Offices of Lawyers. Whether you’re a solo practitioner, part of a large law firm, or a legal consultant, understanding this NAICS code is crucial for contracting, compliance, and business growth opportunities.
What Is NAICS Code 54111?
NAICS code 54111 refers specifically to the industry segment encompassing Offices of Lawyers. This classification includes establishments where licensed lawyers engage in the practice of law, offering a range of legal services such as:
- Legal advice and counseling
- Representation in legal matters
- Preparing legal documents and contracts
These services are delivered to a diverse clientele including individuals, businesses, and governmental agencies.
Sector Overview: Professional, Scientific, and Technical Services
NAICS 54111 falls under the broader Professional, Scientific, and Technical Services sector. This sector is known for providing specialized expertise and advisory services essential for a broad spectrum of industries. In the case of 54111, the focus is strictly on legal expertise offered by licensed lawyers.
Typical Business Types under NAICS 54111
- Law Firms: Organizations with multiple attorneys offering specialized or general legal services.
- Solo Legal Practitioners: Individual lawyers practicing independently.
- Legal Consultancy Offices: Entities providing advisory and consulting services related to legal matters without necessarily representing clients in court.
NAICS 54111 Size Standards for Eligibility
For purposes such as government contracting and SBA programs, understanding the size standards associated with NAICS code 54111 is essential:
- The small business size standard for this code is typically based on annual revenue.
- According to the U.S. Small Business Administration (SBA), the size standard for Offices of Lawyers is usually set at $16.5 million in average annual receipts.
Businesses under this revenue threshold are considered small and may be eligible for various government contracting opportunities and assistance programs.
NAICS Code 54111 Details Table
| Detail | Description |
|---|---|
| NAICS Code | 54111 |
| Title | Offices of Lawyers |
| Sector | Professional, Scientific, and Technical Services |
| Description | Establishments of licensed lawyers primarily engaged in providing legal advice, representation, and documentation |
| Size Standard | $16.5 million average annual receipts |
| Examples of Business Types | Law firms, Solo legal practitioners, Legal consultancy offices |
Frequently Asked Questions (FAQs)
What services do establishments under NAICS 54111 provide?
They provide legal services including advice, client representation, legal documentation, and consulting to individuals, businesses, and government entities.
Can a solo lawyer operate under NAICS code 54111?
Yes, solo legal practitioners offering legal services fall under this NAICS code.
What sector does NAICS 54111 belong to?
NAICS code 54111 is part of the Professional, Scientific, and Technical Services sector.
What is the small business size standard for NAICS 54111?
The SBA sets the small business size standard at approximately $16.5 million in average annual receipts.
Are government agencies clients for these legal services?
Yes, Offices of Lawyers often provide legal services to government entities as part of their clientele.
Conclusion
NAICS code 54111 is the definitive classification for businesses engaged in the legal profession, including law firms, individual lawyers, and legal consultants. Understanding this code helps legal professionals align with industry standards, qualify for government contracts, and access resources tailored to their business type. Whether you’re starting a solo practice or managing a large legal firm, knowing the specifics of NAICS 54111 can help you position your business for success.
Leveraging this knowledge will optimize your business strategy, open doors to government opportunities, and keep you compliant with industry regulations. For legal professionals, NAICS 54111 is more than a number—it’s the gateway to growth and recognition in the market.
