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LegalZoom was a nominee for the American Bar Association's 2005 Louis M. Brown Award. [18] In 2011, Business Insider ranked LegalZoom 27th on its list of the world's most valuable startups, [19] and in 2012, Fast Company ranked LegalZoom 26th on its list of the most innovative companies. [20]
Even the use of a single member LLC affords greater protection for the assets of the member, as compared to operating as an unincorporated entity. [ 19 ] Effective August 1, 2013, the Delaware Limited Liability Company Act provides that the managers and controlling members of a Delaware-domiciled limited liability company owe fiduciary duties ...
Your business is low-risk: If there is little chance of legal action, debt, or accidents, the cost and effort of setting up an LLC might not be worth it. If you don't have a physical location or ...
Liu conceived LegalZoom in 1999 after planning it with Brian Lee, his college friend from UCLA Law School. [8] Their goal was to create an online resource that would make basic legal resources available to anyone through the Internet.
LegalZoom's growth prospects are limited, and it doesn't pay a dividend. Investors will struggle to find a compelling path to returns in this story. The stock is cheaper now.
Celebrity Attorney Robert Shapiro's company LegalZoom sells legal documents such as wills, living trusts and even divorce papers online. The problem, says the Washington Attorney General, is that ...
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