Offices of Lawyers in Michigan
Revenue benchmarks for offices of lawyers businesses operating in Michigan.
#17 of 50 states-22.7% vs national avg
Average Revenue
$1.2M
per year
Businesses
3,656
in Michigan
Revenue / Employee
$190K
per year
Labor Cost
50.0%
of revenue
Profit Margin
22.0%
industry average
Market Saturation
36.3
firms per 100K in MI
Total Revenue
$4.4B
all firms in MI
Total Employees
22,911
in MI
How Michigan Compares
National Average$1.5M
Michigan$1.2M
Difference$349K (-22.7%)