Delaware has over 3,000 licensed and active attorneys, according to the Delaware State Bar Association. It is also home to hundreds of out-of-state lawyers from other states, who mainly work in and/or for the corporate sector. Notably, since the beginning of the 20th Century, Delaware has been functioning as a hub for corporate office registrations - more than 60% of Fortune 500 businesses and 50% of those in the NYSE are domiciled in the state due to its relatively liberal corporate law system and tax incentives.