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LegalZoom Shifts To Glendale

socalTECH

Los Angeles-based LegalZoom is shifting its operations from Hollywood to Glendale, the firm said this week, and has signed a 10-year lease for a new headquarters space in the Glendale City Center. LegalZoom is a provider of online legal documents and templates, making them available to consumers via the Internet.

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Report: LegalZoom Nears IPO

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Glendale-based LegalZoom , the online legal documents site which was co-founded by Brian Lee and lawyer Robert Shapiro, is reportedly about to file for its IPO, according to a report today. Reuters, citing sources close to the firm, said the filing is expected in coming weeks.

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LegalZoom Sells $500M Secondary Stake To Private Equity Investors

socalTECH

Glendale-based LegalZoom , which provides legal services and documents for the small business and family market, announced on Tuesday that it has sold a $500M secondary stake in the company to a set of private equity investors. The secondary stock sale reportedly values LegalZoom at more than $2 billion. READ MORE>>.

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Report: LegalZoom IPO Delayed

socalTECH

The long awaited IPO of Glendale-based LegalZoom apparently has been delayed , according to reports Thursday afternoon. According to Reuters, citing an "underwriting source", LegalZoom has delayed the offering due to marketing conditions. LegalZoom had been aiming to list on the New York Stock Exchange as LGZ.

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LegalZoom Says Its Services Are Legal In New Jersey

socalTECH

Glendale-based online legal referral provider LegalZoom says it is legal in New Jersey, despite a recent opinion issued by the New Jersey Supreme Court. A recent report had said that New Jersey had declared LegalZoom off limits to attorneys in the state , along with Avvo and RocketLawyer, over concerns of fee-sharing and referral fees.

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LegalZoom Files For IPO

socalTECH

Glendale-based online legal documents marketplace LegalZoom filed for an IPO Friday, saying that it is looking to raise up to $120M on the New York Stock Exchange as "LGZ". LegalZoom reported net income of $12.1M The firm is venture backed by Polaris Venture Partners (35.1 on revenues of $156.0M READ MORE>>.

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The Silent Killer – The Company Your Community Never Created

Both Sides of the Table

That’s our great gain as Snapchat has also raised a lot of money at a monster valuation ($10 billion reported) and has been scooping up talented Stanford engineers and relocating them to LA. I’m reminded of LegalZoom who was founded in LA but moved it’s headquarters to Glendale and much of its operations to Austin, Texas.

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