Consumer-facing online legal services platform LegalZoom, which went public in June at a valuation of $7 billion, has received approval from the Arizona Supreme Court for an alternative business structure license in the state.
The approval makes LegalZoom the most recognizable business to secure a license since the state did away with prohibitions on fee sharing and outside ownership of law firms at the start of 2021. It will allow the company to employ lawyers alongside its suite of online offerings.
