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Company Review

LegalZoom Review

Company Profile
LegalZoom
LegalZoom
Industry
Legal Services
Trustpilot Rating
4.6 of 5 Stars

Overview of LegalZoom's Business Formation Services

LegalZoom is a prominent online legal services company that provides a wide range of services, including business formation services. The company was founded in 1999, with the aim of providing affordable and accessible legal services to individuals and small businesses.

LegalZoom's business formation services are designed to help entrepreneurs and small business owners create legally compliant entities, such as Limited Liability Companies (LLCs), Corporations, and Non-Profit Organizations. LegalZoom's services are available in all 50 states, and the company has helped over 4 million businesses to date.

One of the key advantages of using LegalZoom is that the company's online platform makes it easy to navigate the complex legal requirements associated with starting and operating a business. The platform guides users through the formation process, step-by-step, and provides a wealth of information and resources to help them make informed decisions.

LegalZoom's business formation services include everything from name search and registration, drafting and filing of Articles of Organization or Incorporation, obtaining an Employer Identification Number (EIN), and publishing notices of incorporation. The company also provides a range of additional services, including Registered Agent Services, Annual Report Filings, and Corporate Compliance Kits.

LegalZoom's Registered Agent Services are particularly noteworthy, as they help businesses to maintain legal compliance by ensuring that they receive all the necessary legal documents and notifications. LegalZoom's Registered Agents are available in all 50 states, and they have extensive experience in dealing with the legal requirements of different jurisdictions.

In addition to its business formation services, LegalZoom also offers a range of legal documents and services, such as trademark registration, copyright registration, and business contract drafting. The company also provides legal advice and support through its network of licensed attorneys, who are available to answer legal questions and provide guidance on a variety of legal issues.

One of the key benefits of using LegalZoom's business formation services is that they are affordable and transparent. The company's pricing is clearly outlined on its website, and there are no hidden fees or charges. LegalZoom's packages start at just $79, and they offer a range of additional services that can be added on as needed.

LegalZoom's customer service is also highly regarded, with a team of knowledgeable and experienced professionals available to assist customers by phone, email, or live chat. The company's customer service team is available seven days a week, which makes it easy to get help when you need it.

Another advantage of using LegalZoom is that the company has a strong reputation for reliability and quality. LegalZoom has been recognized by various industry organizations for its exceptional customer service and commitment to providing high-quality legal services. In addition, the company's website includes a range of customer reviews and testimonials, which attest to the effectiveness of its services.

Overall, LegalZoom's business formation services provide a convenient and affordable option for entrepreneurs and small business owners who are looking to start a new business. The company's online platform, extensive range of services, and excellent customer service make it easy to navigate the complex legal requirements of starting and operating a business. With LegalZoom, entrepreneurs can have peace of mind knowing that their business is legally compliant and protected.

Analysis of LegalZoom Pros

LegalZoom's business formation services offer numerous benefits for entrepreneurs looking to incorporate their businesses. These advantages include cost-effectiveness, convenience, customizable packages, expertise, speed, additional services, and peace of mind. LegalZoom's team of legal professionals ensures that all legal requirements are met, and business owners can be confident that their business formation needs are being handled professionally and efficiently.

Cost-effective

One of the most significant advantages of using LegalZoom for business formation services is cost-effectiveness. LegalZoom offers a range of packages that cater to different business needs and budgets. The packages are priced affordably, making it easier for entrepreneurs to incorporate their companies without breaking the bank. Additionally, LegalZoom's fees are transparent, so clients know exactly what they are paying for and can plan accordingly.

Convenience

Incorporating a business can be a complex and time-consuming process. With LegalZoom, entrepreneurs can complete the process online without having to visit a lawyer's office. LegalZoom's website is user-friendly and provides step-by-step instructions, making it easy for business owners to complete the required forms and submit them for processing. The platform also offers access to customer support representatives who can provide guidance and support throughout the process.

Customizable Packages

LegalZoom offers customizable packages that cater to specific business needs. Business owners can choose the package that best suits their requirements, from basic packages that cover the essentials to premium packages that provide additional services such as registered agent services and employer identification numbers. This flexibility ensures that business owners only pay for the services they need, making LegalZoom's business formation services a cost-effective option for entrepreneurs on a tight budget.

Expertise

LegalZoom's team of legal professionals has extensive experience in business formation services. They are knowledgeable about the legal requirements for incorporating a business and can provide guidance and support throughout the process. This expertise ensures that entrepreneurs have access to reliable and accurate information and can make informed decisions about their business formation needs.

Speed

Incorporating a business can take time, especially if done without the assistance of a professional. With LegalZoom, entrepreneurs can incorporate their businesses quickly and efficiently. LegalZoom's online platform allows business owners to complete the necessary forms quickly and easily, and the company's team of legal professionals can process the documents and file them with the relevant state authorities promptly.

Additional Services

LegalZoom's business formation services are not limited to just incorporating a business. The platform also offers a range of additional services that can be helpful for entrepreneurs. For example, LegalZoom offers trademark registration services, which can help businesses protect their intellectual property. Additionally, LegalZoom provides access to legal documents and contracts that can be customized for specific business needs.

Peace of Mind

Starting a business can be stressful, and incorporating a company can add to that stress. With LegalZoom, entrepreneurs can rest assured that their business formation needs are being handled by professionals. LegalZoom's team of legal professionals ensures that all legal requirements are met, and business owners can focus on growing their business without worrying about legal compliance issues.

Analysis of LegalZoom Cons

While LegalZoom provides many benefits for business formation services, there are also some potential drawbacks to consider.

LegalZoom can be a convenient and affordable option for entrepreneurs looking to form a business. However, it is important to carefully consider the potential drawbacks before choosing their services. If you require personalized legal advice or customization beyond standard templates, it may be beneficial to work with a traditional law firm or business formation service provider.

Here are some of the cons of choosing LegalZoom.

Cost

Although LegalZoom offers affordable packages, it is important to keep in mind that additional fees can add up quickly. For example, if you need to file a foreign qualification to operate in another state, this can cost upwards of $300. Additionally, some services may require additional fees beyond the initial package price.

Limited Legal Advice

While LegalZoom offers legal forms and document templates, it does not provide personalized legal advice. This can be a significant disadvantage for entrepreneurs who need more guidance and support in navigating complex legal issues. LegalZoom does offer access to an independent attorney network, but this service can come at an additional cost.

Limited Customization

LegalZoom provides standard business formation documents, but they may not be suitable for all businesses. For example, if your business requires specific clauses in your operating agreement or articles of incorporation, LegalZoom may not be able to provide this level of customization.

Limited State Coverage

While LegalZoom provides business formation services in all 50 states, their services may not be available in every county or city within each state. This can be a problem if you need to file specific forms or documents in a location where LegalZoom does not offer services.

Limited Personal Touch

LegalZoom's online platform can be convenient for entrepreneurs who prefer to handle everything themselves. However, some entrepreneurs may prefer a more personal touch and face-to-face interaction with a business formation service provider.

Inaccurate Information

While LegalZoom provides templates and forms for business formation, it is important to remember that they do not provide legal advice. As a result, there is a risk of providing inaccurate information or filling out forms incorrectly. This can result in delays or even legal issues down the line.

Additional Fees

LegalZoom offers many affordable packages for business formation services, but it is important to read the fine print. Some services may require additional fees beyond the initial package price, such as expedited processing fees, shipping fees, or state fees.

Who Is LegalZoom Designed to Help

LegalZoom can be helpful to a wide range of individuals and businesses, but it is especially beneficial for those who are starting a new business and need assistance with legal documentation and compliance. This may include entrepreneurs who are forming a new startup, small business owners who are expanding their operations, or individuals who are starting a new side hustle.

LegalZoom's services are also helpful for those who may not have a legal background or may not be familiar with the specific legal requirements of starting and operating a business. By offering easy-to-use online tools and access to legal professionals, LegalZoom can help individuals navigate the complex legal landscape of business formation and compliance.

Additionally, LegalZoom's services may be helpful for those who are looking to save time and money on legal fees. By providing affordable and efficient legal solutions, LegalZoom can help individuals and businesses streamline their legal processes and reduce the costs associated with traditional legal services.

Who Should Consider An Option Other Than LegalZoom

While LegalZoom is a convenient option for many people looking to form a business or handle other legal matters, there are certain situations where it may not be the best choice.

Firstly, people who have complex legal needs that require significant legal advice and support should avoid using LegalZoom. While LegalZoom offers a range of legal services, it is not a law firm and cannot provide legal advice. If your situation requires a deep understanding of the law and a tailored legal solution, you should consider consulting with an attorney instead.

Additionally, people who have the time and resources to handle legal matters on their own should also consider whether using LegalZoom is necessary. While LegalZoom is a convenient and affordable option, it is not always the most cost-effective choice for those who are able to navigate legal processes on their own.

Lastly, people who have specific legal requirements in their state may not find LegalZoom to be the best option. While LegalZoom offers services in all 50 states, the laws and regulations surrounding certain legal matters can vary by state. It is important to ensure that any legal services you use are tailored to the specific requirements of your state.

In summary, the bottom line is that while LegalZoom is a helpful resource for many people, those with complex legal needs, the ability to handle legal matters on their own, or specific state requirements should consider alternative options.

LegalZoom Summed Up

LegalZoom offers an online legal services platform that provides a wide range of services, including business formation services, legal documents and services, and legal advice and support. Its business formation services cater to entrepreneurs and small business owners, helping them create legally compliant entities such as LLCs, corporations, and non-profit organizations in all 50 states. LegalZoom's online platform simplifies the complex legal requirements of starting and operating a business, providing step-by-step guidance and resources for informed decision-making. Its services include name search and registration, drafting and filing of incorporation or organization documents, obtaining an EIN, and publishing notices of incorporation, among others. LegalZoom's registered agent services help businesses stay compliant by ensuring they receive all necessary legal documents and notifications. The company's pricing is transparent and affordable, with customizable packages that cater to different business needs and budgets. LegalZoom's customer service is highly regarded, available seven days a week via phone, email, or live chat. LegalZoom's business formation services offer numerous benefits for entrepreneurs, such as cost-effectiveness, convenience, customizable packages, expertise, speed, additional services, and peace of mind. LegalZoom's team of legal professionals provides guidance and support throughout the process to ensure entrepreneurs have access to reliable and accurate information for informed decision-making.

In conclusion, LegalZoom's business formation services provide a convenient and cost-effective option for entrepreneurs and small business owners looking to start a new business. Its online platform, extensive range of services, and excellent customer service make it easy to navigate the complex legal requirements of starting and operating a business. LegalZoom's transparent pricing and customizable packages ensure that entrepreneurs only pay for the services they need. The company's strong reputation for reliability and quality, recognized by various industry organizations, is backed by numerous customer reviews and testimonials that attest to the effectiveness of its services. With LegalZoom, entrepreneurs can be confident that their business is legally compliant and protected, providing them with the peace of mind they need to focus on growing their business.

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