![]() “As a result of our traction with our customers, we have achieved economies of scale that we expect to continue to leverage as we accelerate the growth of our business,” the filing says. The filing says that in 2020, LegalZoom helped form 10% of al new LLCs and helped incorporate 5% of all new corporations in the United States. ![]() LegalZoom empowers small business owners to apply their energy and passion to their businesses instead of the legal and regulatory complexity required to operate them.” “Once a small business is formed, we offer subscription services to protect the business, its ideas, and the families that create them. “We believe every business deserves the full protection of the legal system and a simple way to stay compliant with it. “Our mission is to democratize law,” the filing says. ![]() In the filing with the SEC, LegalZoom says that it had revenue in 2020 of $471 million, and that its revenue in the first quarter of 2021 had grown 27% over the prior year. LegalZoom had previously filed for an IPO in 2012 but then postponed the offering and withdrew it two years later. I just wrote about Intapp’s filing of papers with the Securities & Exchange Commission for a proposed IPO, noting how rare IPOs are in legal tech, only to find out that LegalZoom also filed on Friday for an IPO.
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