Welcome to our dedicated page for Legalzoom.Com news (Ticker: LZ), a resource for investors and traders seeking the latest updates and insights on Legalzoom.Com stock.
Overview
LegalZoom.com, Inc. (LZ) is a pioneering online legal services platform that empowers small businesses and families by providing accessible, affordable, and technology-driven legal solutions. Leveraging advanced technology and a vast network of legal professionals, LegalZoom streamlines the process of business formation, trademark filings, estate planning, compliance services, and a wide range of legal documentation.
Business Model and Core Services
At its core, LegalZoom operates as a comprehensive legal technology platform. It offers online legal solutions that cover business formation, ongoing compliance, tax-related filings, business licenses, virtual mailbox services, and e-signature solutions. The company caters to entrepreneurs, small business owners, and families by delivering services that simplify complex legal procedures. With a subscription-based model combined with individual transaction services, LegalZoom maintains a steady stream of recurring revenue while providing tailored legal guidance to meet evolving customer needs.
Technology Integration and Legal Expertise
The platform stands out by integrating intuitive digital interfaces with experienced legal advisory support. Customers can explore a variety of legal options, from setting up a new business to protecting their intellectual property, through easy-to-use online tools. This hybrid approach of combining automated processes with personalized attorney connections ensures that users receive both efficient service and expert advice, reflecting the company’s commitment to merging human expertise with modern technology.
Market Position and Industry Context
LegalZoom is well positioned within the legal services market, serving millions of Americans and operating across all 50 states. The company addresses the growing need for affordable legal assistance in an evolving regulatory environment, where small businesses often require agile and cost-efficient legal solutions. By focusing on streamlined service delivery and quality legal support, LegalZoom differentiates itself from traditional law firms and emerging digital competitors alike.
Operational Excellence and Customer Focus
Throughout its history, LegalZoom has built a reputation for delivering professional legal advice with efficiency and clarity. The platform prioritizes customer empowerment by providing clear pathways to access legal expertise, whether through self-service tools or connections to independent attorneys. Its commitment to simplifying processes such as business formations, trademark applications, and estate planning underlines its role as a trusted advisor and facilitator for users navigating the complexities of legal and compliance requirements.
Industry Keywords and Best Practices
Incorporating industry-specific keywords like legal solutions, compliance services, and online legal platform prominently in its communication, LegalZoom ensures that customers and investors understand its niche. Its services are designed with precision, catering to a market that values transparency, reliability, and expertise. The company’s approach is rooted in a deep understanding of legal regulatory frameworks while leveraging technology to democratize access to legal support.
Competitive Landscape and Value Proposition
LegalZoom competes in a highly dynamic legal services market where both traditional legal firms and digital start-ups seek to capture market share. What sets LegalZoom apart is its longstanding experience, comprehensive service suite, and a clear focus on making legal help affordable and accessible. Its value proposition is based on a well-established, user-friendly platform that bridges the gap between cost-effective legal solutions and high-quality legal advice.
Conclusion
With decades of experience and a proven track record of helping millions of customers, LegalZoom.com, Inc. continues to redefine access to legal expertise. Its meticulous blend of technology and professional legal guidance creates a robust foundation for those seeking to protect their businesses and personal interests. As it remains committed to providing simplified and efficient legal support, LegalZoom stands as a reliable resource for everyday legal and compliance needs.
LegalZoom (LZ) reported strong Q4 and full-year 2024 results, with revenue reaching $161.7 million in Q4 (up 2% YoY) and subscription revenue of $436.2 million for the full year (up 6% YoY). The company achieved significant profitability improvements with full-year net income of $30.0 million, up 115% YoY, and Adjusted EBITDA of $148.1 million, up 25% YoY.
Q4 highlights include subscription revenue of $108.7 million, transaction revenue of $53.0 million, and net income of $12.9 million. The company maintains a strong financial position with $142.1 million in cash and no debt. For 2025, LegalZoom projects approximately 5% revenue growth and an Adjusted EBITDA margin of 23%. The company recently acquired Formation Nation to support its growth strategy.
LegalZoom (Nasdaq: LZ) has announced its participation in two major investor conferences in March 2025. Jeff Stibel, Chairman and CEO, and Noel Watson, COO and CFO, will represent the company at both events.
The management team will attend the Citizens JMP Technology Conference in San Francisco on March 3rd, where they will participate in a fireside chat at 9:00 a.m. PT and host investor meetings. The following day, March 4th, they will attend the Morgan Stanley Technology, Media & Telecom Conference, also in San Francisco, to host meetings with investors.
A live audio webcast and replay of the Citizens JMP Technology Conference presentation will be available on LegalZoom's Investor Relations website. LegalZoom is a leading online platform for business formation in the United States, focusing on providing comprehensive legal and compliance products through user-friendly technology to support small business owners throughout their entrepreneurial journey.
LegalZoom (LZ) has acquired Formation Nation for $49.3 million in cash upfront, 2.2 million restricted shares, and a $15.4 million cash holdback. Formation Nation operates through two brands: Nevada Corporate Headquarters (NCH) and Inc Authority, providing business formation and compliance services.
The acquisition aims to enhance LegalZoom's customer service capabilities by integrating Formation Nation's 140+ seasoned experts and leveraging their high TrustPilot scores of 4.9-5.0. The deal supports LegalZoom's customer segmentation strategy, with Inc Authority serving the lower-priced DIY segment while maintaining LegalZoom as a premium brand.
LegalZoom also announced preliminary Q4 2024 results with revenue of $161.7M, net income of $12.9M, and Adjusted EBITDA of $44.2M. Full-year 2024 estimates show revenue of $681.9M, net income of $30.0M, and Adjusted EBITDA of $148.1M. The acquisition is expected to positively impact Adjusted EBITDA and be accretive to Adjusted EPS in the first year.
LegalZoom (Nasdaq: LZ) has scheduled its Fourth Quarter and Full Year 2024 financial results announcement for Wednesday, February 26, 2025, after market close. The company will hold a conference call and webcast at 4:30 p.m. ET, featuring Chairman and CEO Jeff Stibel and COO/CFO Noel Watson.
As a leading online platform for business formation in the United States, LegalZoom provides comprehensive legal and compliance products along with professional advisory services to support small business owners. The company focuses on making legal and financial expertise accessible and affordable through technology-driven solutions.
LegalZoom (LZ) has announced a multi-year strategic partnership with 1-800Accountant to provide full-service bookkeeping and tax solutions for small business owners. The service will launch by January 2025, integrating 1-800Accountant's tax expertise into LegalZoom's ecosystem.
The partnership addresses key findings from a recent LegalZoom customer survey, which identified tax management, liability protection, and legitimacy as primary motivations for business formation. The collaboration aims to streamline tax preparation processes through expert CPAs and technology, helping business owners maximize tax savings and maintain compliance.
The agreement includes minimum lead requirements and corresponding minimum annual revenue commitments over the multi-year term.
LegalZoom (Nasdaq:LZ) is urging small business owners to file for trademark registration before the USPTO increases filing fees on January 18, 2025. The company highlights the growing importance of intellectual property protection in the age of AI, where copying branding elements has become easier.
Through its law firm LZ Legal Services, LegalZoom offers attorney-led trademark services for $649, approximately 75% less than traditional attorney fees averaging $2,500. Analysis of five-year customer data shows increased trademark applications, particularly in education, entertainment, advertising, business, and clothing sectors, which represent 44% of filed applications since 2019.
LegalZoom (Nasdaq: LZ) has announced its participation in the Barclays 22nd Annual Global Technology Conference on December 11, 2024. Chairman and CEO Jeff Stibel and COO/CFO Noel Watson will conduct a fireside chat starting at 2:30 p.m. PT.
The event will be accessible via live audio webcast and replay on LegalZoom's Investor Relations website. LegalZoom operates as a leading online platform for business formation in the United States, focusing on providing comprehensive legal and compliance products through user-friendly technology. The company supports millions of small business owners with services ranging from free business formations to professional advisory services.
LegalZoom (LZ) announces expanded partnership with Defy Ventures, committing $100,000 in 2025 to support mental health and wellbeing programs for incarcerated and formerly incarcerated individuals. The funding will enhance trauma-informed curriculum, expand support groups, provide staff training, and offer technical support. The partnership, which began in 2021, has helped maintain a three-year recidivism rate below 15%. Defy Ventures offers programs including CEO of Your New Life, Entrepreneur Bootcamp, and Business Accelerator, focusing on business skills and personal development. Previous LegalZoom contributions have funded various initiatives, including a cohort at California Women's Facility and post-release services.
LegalZoom (LZ) has appointed Nathan Gooden to its Board of Directors and as a member of both the Audit and Compensation Committees. Gooden, currently CFO of Squarespace, brings extensive experience in finance leadership across small business and ecommerce technology sectors. His background includes serving as CFO of Amazon Alexa and previous roles at Spacepointe and Solavei. The appointment aligns with LegalZoom's strategic focus on achieving high-value customer growth, margin expansion, and reaccelerating subscription revenue growth. Following this appointment, LegalZoom's Board consists of six directors, with five being independent.
LegalZoom reported strong Q3 2024 results with revenue of $168.6 million, up 1% year-over-year. Subscription revenue grew 5% to $110.7 million, while transaction revenue decreased 7% to $57.9 million. The company achieved record Q3 net income of $11.1 million with a 7% margin and record Adjusted EBITDA of $47.1 million with a 28% margin. Subscription units increased 10% year-over-year, while transaction units grew 8%. The company repurchased 3.8 million shares for $24.7 million and increased its share repurchase authorization by $40.0 million to $215.0 million.
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