The past two decades have been relatively quiet for LegalZoom, but the past year proved to create opportunity for the company to grow its ranks.Īccording to our data, LegalZoom currently has 95 open job listings, a 265% increase from this time last year. Shapiro agreed to be a co-founder, giving the company a head start in getting off the ground. Brian Lee, who also co-founded and The Honest Company, reached out to former OJ Simpson attorney Robert Shapiro to lend some legal credibility to the company. The company’s beginnings date back to 2001, when its founders were seeking funding for a startup that makes it easy to create legal documents online. Before the IPO, the company was only expected to hit a $5 billion valuation with 19.1 million shares available, making its first half hour on the Nasdaq a stellar one. LegalZoom made its public debut on the Nasdaq under the ticker LZ, and while shares were expected to start at $28, its stock jumped 38% in the first minutes of trading, making LegalZoom worth $7 billion upon debuting. But if its initial performance is anything to go by, the company’s patience paid off. It’s been a long road to an IPO for the company, which was founded back in 2001 and already made an attempt to go public in 2012. LegalZoom ( PRIVATE:LEGALZOOM ), a platform for creating legal documents, went public just after noon on Wednesday.

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