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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 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]
Lee attended Servite High School in Anaheim, graduated with a B.A. in Economics/Business from UCLA, and received his J.D. from UCLA School of Law. [citation needed] In March 2001, Lee, along with Robert Shapiro, Brian P. Y. Liu, and Edward R. Hartman co-founded and launched Legalzoom.com, an online legal technology and services company. [5] [6] [7]
In law, dissolution is any of several legal events that terminate a legal entity or agreement such as a marriage, adoption, corporation, or union.. Dissolution is the last stage of liquidation, the process by which a company (or part of a company) is brought to an end, and the assets and property of the company are gone forever.
It's not an attractive time to launch a business right now, which harms demand for LegalZoom's services. Even in good times, online legal services are a relatively slow-growth and fragmented industry.
Judicial dissolution, informally called the corporate death penalty, is a legal procedure in which a corporation is forced to dissolve or cease to exist. Dissolution is the revocation of a corporation's charter for significant harm to society. [2]
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