Is Legalzoom Profitable?

Overview of LegalZoom Services

LegalZoom is considered a reliable provider for business formation services and basic legal services. You may or may not be talking with an attorney, depending on the services. LegalZoom makes starting easy with affordable packages and efficient turnaround times. LegalZoom’s services score 4.7 out of 5, attributed to their range of services and value for businesses.

LegalZoom’s Services

In this review, we look at who LegalZoom is and what services they offer. LegalZoom provides LLC formation and legal documents. Their features include customizable websites and document storage. LegalZoom offers comprehensive assistance and experience with pricing starting at $36 per month.

Profitability and Revenue Growth

Is LegalZoom a profitable company? In 2020, the company made $230 million from subscription revenue, an 11% increase from 2019. LegalZoom offers incredibly useful services for individuals looking to start their own business and maintain compliance with state regulations without stress. Their pricing is competitive and the platform promises an excellent customer experience.

About LegalZoom

What is LegalZoom? LegalZoom is an online legal service company that provides business owners with legal experts and consultants. As a businessman myself, I have proven that LegalZoom is a reliable and trusted platform that helps with LLC formation, legal matters, and compliance.

Versatile Service Offerings

LegalZoom has some of the most versatile service offerings in the online legal services space. Whether you want to form a business or need family law advice, LegalZoom can help. With LegalZoom, you have a menu of services you can purchase, each with its own pricing. Partner revenue in 2020 was $29 million, down 15% from $34 million in 2019.

LegalZoom’s Reputation and Vision

LegalZoom is well-known for LLC creation and incorporation services, providing experience, a two-decade track record of success, and 24/7 customer support. Although LegalZoom gives access to independent attorneys, it is not a law firm or a substitute for an attorney or law firm. In 2019, the company had revenue of about $408 million and operating income of $46 million.

Revenue Growth and Business Support

What is the revenue growth of LegalZoom? LegalZoom is a popular and affordable online legal services provider. In 2020, its revenue was $230 million, an 11% increase from 2019, with services scoring 4.7 out of 5 based on value and customer satisfaction. Pricing starts at $36 per month, offering legal help for small businesses and individuals.

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