RocketLawyer ( costs vary): RocketLawyer is the kind of one-stop legal shopping service that makes traditional lawyers gulp. Given all the frothy interest, you’ll at least want to take a look at what the online virtual legal services have to offer. In July 2018, for example, LegalZoom secured $500 million in venture capital from Francisco Partners and GPI Capital to expand its already significant presence in the online legal services market. There’s also some big money behind virtual lawyering. adults found that 76% of respondents aged 18–44 were willing to use online legal services if that meant they could save money on their legal needs (And 65% of those age 55 and older surveyed said that they’d consider online legal services if they were less expensive than a traditional lawyer.
For example, a December 2018 Harris Poll of 2,000 U.S. Granted, there’s less peace of mind snagging the proper forms for a legal agreement off a website as opposed to sitting down with a lawyer who is willing to put his or her reputation behind your business agreement, but more than a few businesses are willing to live with that risk, apparently. “Small-business owners now have unprecedented access to affordable technology-enabled solutions that are better suited for their most common legal needs,” said John Suh, CEO of LegalZoom ( another provider of virtual legal services. Those kinds of savings can be especially attractive to cash-strapped small businesses.
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Instead of paying for a pricey lawyer, for example, you can establish an LLC for your company online, formalize a business license or register a trademark-for a song. Some of those basic agreements have an extremely reasonable price: free. In practice, getting virtual legal services often translates into working with online service providers who provide legal templates designed for basic business agreements. By Joe Dysart Your Virtual Lawyer Will See You Nowįed up with high attorney fees, many businesses are turning to less-expensive virtual online legal services.īusinesses are realizing significant savings by securing their legal advice virtually-over the web-rather than meeting with attorneys who charge expensive fees by the hour.
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