A good attorney recognizes that a good contract goes beyond a simple list of boilerplate terms. There are many parts of entity formation in which LegalZoom can offer little to no assistance, including contracts. Without a professional view of the language, there is no way to be certain what the consequences of LegalZoom documents could be. In many cases, the language could be significantly disadvantageous to a business. If LegalZoom is used to draft a business’s documents, this advantage disappears. In the long term, there is no telling how much money this could save a business. Legal professionals write documents in ways that favor their clients. The most costly legal plan for a business is one that fails to work. How secure would you feel going into court with a document that is potentially incorrect? If the goal is a sense of security, the right choice for businesses is to have a legal professional construct documents that do exactly what is intended. However, LegalZoom cannot give legal advice nor correct documents that have been incorrectly filled out. LegalZoom likes to advertise that their service provides a sense of security. Some states do not enforce non-compete agreements at all. State courts vary in terms of the required language necessary to make a non-compete agreement enforceable. A good example of this would be a non-compete agreement. If an owner uses LegalZoom or writes their own documents during entity formation, there is a serious risk that key terms that are necessary to make the contract enforceable will be missing. In fact, some generic forms may not even be enforceable in court. The purpose of legal documentation is to (1) ensure compliance with the law and (2) reach a point of mutual understanding with other parties. LegalZoom’s services and resulting products are not comparable to those of an attorney and the costs of having legal documents that fail to protect a business are incalculable. Accordingly, LegalZoom’s claim that businesses can save on the cost of an attorney is deceptive. It is a “Do It Yourself” package that has been marketed as having some sort of professional legitimacy. LegalZoom takes what any person could do on their own and charges people for it. LegalZoom is not permitted to give legal advice, it cannot adjust documents to customer’s answers, and it cannot alter documents based on a customer’s unique situation. Little to No ValueĮvery investment is fundamentally a question of value. Here are five reasons why services such as LegalZoom will not save a business money: 1. Although LegalZoom may seem enticing when considering options for entity formation, it is not a good long-term choice for a business. Laws are complex and navigating them competently involves some of the most intense education of any profession. Legal professionals cannot be duplicated by a form.
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