Research and Development in the Physical, Engineering, and Life Sciences (except Nanotechnology and Biotechnology) vs Offices of Lawyers

Side-by-side revenue comparison of these two business types.

MetricResearch andOffices of
Average Revenue$15.5M$1.5M
Profit Margin22.0%22.0%
Est. Owner Income$3.4M$339K
Revenue / Employee$291K$234K
Labor Cost %50.0%50.0%
Total Businesses9,824158,695
Startup Cost (Low)$10K$25K
Startup Cost (High)$75K$100K
5-Year Survival Rate60.0%72.0%
YoY Growth6.0%4.0%
Avg Employee Wage$154K$129K