It was billed as one of the vanguards of market disrupters that would change the face of UK legal services forever.
Armed with an estimated £100m investment from equity house Permira and with QualitySolicitors founder Craig Holt on board, LegalZoom was surely about to fulfil its destiny as the ultimate game-changer.
But the company appears to have gone curiously quiet in recent months, with its Twitter profile (no tweets since September 2013) describing it as ‘coming soon’ and the UK website saying it is ‘adding the finishing touches’ ahead of a full launch. Those still interested in LegalZoom’s offering, whatever that may be, can leave an email address – though Obiter is yet to receive anything back from our enquiry some months ago.
Indeed, we had forgotten LegalZoom even existed until last week, when the 2014 accounts were published by Companies House.
As would be expected for a dormant company, turnover was nil, but losses for the financial year did increase, from £19,044 in 2013 to £64,180 in 2014.
It may well be that the website, which claims to be the best-known legal brand in the US, is preparing for great things in this country.
But an enquiry to its press person earlier this month didn’t suggest an immediate explosion on to the market: ‘There is nothing to share at the moment.’
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