Private Industry Legal Practice Environment
Private industry encompasses any organization, other than a law firm, that operates for commercial profit. Corporations, banks, insurance companies, real estate firms, hospitals, title firms, and other organizations make up private industry. Private industry is the second largest employment setting for attorneys and other legal personnel, after private practice, and employs eight percent of practicing lawyers, according to the American Bar Foundation’s “Lawyer Statistical Report”. Size and Structure Many companies have their own in-house legal departments which vary in size from a single attorney to hundreds of legal personnel including attorneys, paralegals, legal secretaries, and litigation support personnel....