Add LegalZoom to the growing list of legal tech companies that are looking to go public. On Friday, the Glendale, California-based online legal services provider and attorney marketplace filed with the U.S. Securities and Exchange Commission announcing its plans for an initial public offering.
The move comes at a time of rapid growth for online legal marketplaces and do-it-yourself legal tech solutions, which have attracted consumers and small businesses who have tightened their legal budgets over the past year in response to the COVID-19 pandemic.
