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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]
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.
The primary characteristic an LLC shares with a corporation is limited liability, and the primary characteristic it shares with a partnership is the availability of pass-through income taxation. As a business entity, an LLC is often more flexible than a corporation and may be well-suited for companies with a single owner. [5]
Rocket Lawyer is an online legal technology company founded by Charley Moore in 2008, [6] based in San Francisco, California. [7] It provides individuals and small to medium-sized businesses with online legal services—including incorporation, estate plans, and legal document review. [8]
Well, as the name suggests, an LLC offers the advantage of limiting liability for the members within the company. “It means the LLC is a separate entity to the person [or people] who owns the ...
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