LEGALZOOM.COM, INC. shareholders approved Advisory vote on compensation of named executive officers at the 2026-06-03 meeting.
“Proposal 3 – The advisory vote on the compensation of the Company’s named executive officers was approved as set forth below: FOR AGAINST ABSTAIN BROKER NON-VOTES 130,993,487 4,292,140 51,638 25,073,628”
Shareholder Votes
LEGALZOOM.COM, INC. shareholders approved Ratification of appointment of PricewaterhouseCoopers LLP as independent registered public accounting firm for the year ending December 31, 2026 at the 2026-06-03 meeting.
“Proposal 2 – The appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2026 was ratified as set forth below: FOR AGAINST ABSTAIN BROKER NON-VOTES 158,422,344 1,968,220 20,330 —”
Shareholder Votes
LEGALZOOM.COM, INC. shareholders approved Election of one director nominee as a Class II director at the 2026-06-03 meeting.
“Proposal 1 – The one director nominee named in the proxy statement was elected as a Class II director to serve for a three-year term and until her successor has been duly elected and qualified, or until her earlier death, resignation, removal, retirement or disqualification as set forth below: DIRECTOR NOMINEE FOR WITHHOLD BROKER NON-VOTES Sivan Whiteley 107,724,702 27,612,563 25,073,628”
Earnings Releases
LEGALZOOM.COM, INC. reported first quarter ended March 31, 2026 results: revenue $206.8 million, net income $1.1 million, EPS $0.01. Guidance raised.
“LegalZoom Reports First Quarter Financial Results Ahead of Expectations; Raises Full-Year Revenue Outlook • Revenue of $206.8 million, up 13% year-over-year; reflecting continued growth in higher-value subscriptions and contributions from compliance product enhancements”
Debt Financings
LEGALZOOM.COM, INC. amended revolving credit of $150.0 million to $100.0 million with JPMorgan Chase Bank, N.A. at Term SOFR plus a margin ranging from 2.00% to 1.25% maturing July 2, 2026 to July 14, 2030.
“the guarantors party thereto, the lenders party thereto and JPMorgan Chase Bank, N.A., as administrative agent. The Amendment decreases the revolving loan commitments from $150.0 million to $100.0 million. The ability to use up to $20.0 million for letters of credit as well as borrowings on same-day notice, referred to as swingline loans, in an amount of up to”
M&A Transactions
LEGALZOOM.COM, INC. completed a disposition involving Round Rock Independent School District for $37,750,000 in cash (closed 2025-03-31).
“On March 31, 2025, LegalZoom.com, Inc. (“LegalZoom”), through its wholly owned subsidiary, 9900 Spectrum LLC, a Texas limited liability company (“Seller”), closed on the sale of its real property located at 9900 Spectrum Drive, Austin, Texas 78717 (the “Property”) to Round Rock Independent School District (“Buyer”), pursuant to that Property Purchase Agreement and Escrow Instructions, dated as of September 23, 2024, by and among the Seller and Buyer. The Property was sold for an aggregate purchase price of $37,750,000 in cash.”
Noel Watson changed role as Chief Operating Officer and Chief Financial Officer at LEGALZOOM.COM, INC..
“Effective February 3, 2025, Noel Watson, the Company’s Chief Operating Officer and Chief Financial Officer, will cease to serve as the Company’s principal accounting officer.”
Charles Thomas was appointed as Chief Accounting Officer at LEGALZOOM.COM, INC..
“On January 7, 2025, LegalZoom.com, Inc. (the “Company”) appointed Charles Thomas as Chief Accounting Officer of the Company, effective February 3, 2025.”
Nathan Gooden was appointed as Independent Class I Director at LEGALZOOM.COM, INC..
“On November 19, 2024, the Board of Directors (the “Board”) of LegalZoom.com, Inc. (the “Company”) appointed Nathan Gooden to serve as an independent Class I director of the Board, effective immediately.”
Governance Changes
LEGALZOOM.COM, INC.: Amended bylaws to address recent DGCL amendments and other technical changes (effective 2024-11-05).
“The amendments to the Bylaws also include revisions to address recent amendments to the Delaware General Corporation Law and other technical, conforming and clarifying changes.”
Governance Changes
LEGALZOOM.COM, INC.: Amended advance notice provisions to limit number of nominees and modify submission window (effective 2024-11-05).
“The amendments prohibit stockholders from submitting more nominees than the number of directors up for election at the applicable meeting. The amendments also modify the window for stockholders to submit proposals or nominations for an annual meeting such that in the event the annual meeting is advanced by more than 30 days or delayed by more than 70 days from the anniversary date, notice must be received not earlier than 120 days prior to the annual meeting or not later than the later of 90 days prior to such annual meeting or the 10th day following public announcement of such annual meeting.”
Governance Changes
LEGALZOOM.COM, INC.: Amended advance notice disclosure requirements for stockholders and director candidates (effective 2024-11-05).
“The amendments revise the advance notice disclosure requirements contained in the Bylaws to require the stockholder proposing business or nominating directors to provide certain additional information regarding the stockholder and the stockholder’s relationship with LegalZoom. Additionally, the Bylaws require any candidate for the Board nominated by a stockholder to provide certain additional representations, including representations regarding any voting agreements and any compensation agreements relating to their service as director of LegalZoom.”
Governance Changes
LEGALZOOM.COM, INC.: Amended bylaws to require compliance with universal proxy rules and use of non-white proxy cards (effective 2024-11-05).
“The amendments address the universal proxy rules adopted by the Securities and Exchange Commission by requiring that any stockholder soliciting proxies in support of a nominee other than the Board’s nominees must comply with Rule 14a -19 under the Exchange Act. Further, any stockholder directly or indirectly soliciting proxies from other stockholders must use a proxy card color other than white, with the white proxy card being reserved for the exclusive use by the Board.”
Shrisha Radhakrishna resigned as Chief Technology Officer and Chief Product Officer at LEGALZOOM.COM, INC..
“As previously disclosed, on September 18, 2024, Shrisha Radhakrishna resigned from his positions as Chief Technology Officer and Chief Product Officer of LegalZoom to pursue other opportunities, with such resignation originally to be effective November 15, 2024. Mr. Radhakrishna’s resignation is now effective November 4, 2024.”
Shrisha Radhakrishna resigned as Chief Technology Officer and Chief Product Officer at LEGALZOOM.COM, INC..
“On September 13, 2024, Shrisha Radhakrishna resigned from his positions as Chief Technology Officer and Chief Product Officer of LegalZoom.com, Inc. (the “Company”) to pursue other opportunities, with such resignation to be effective November 15, 2024.”
Noel Watson was appointed as Chief Operating Officer at LEGALZOOM.COM, INC..
“On August 9, 2024, the Board of Directors of LegalZoom.com, Inc. (the “Company”) appointed Noel Watson, the Company’s current Chief Financial Officer, as Chief Operating Officer of the Company, effective as of August 13, 2024.”
Restructurings & Charges
LEGALZOOM.COM, INC. announced a restructuring with charges of approximately $5.0 million (approximately 15% of its employees).
“On August 1, 2024, LegalZoom committed to a restructuring plan as part of its re-alignment of its business and cost structure. The restructuring plan will reduce the size of LegalZoom’s workforce by approximately 15% of its employees as compared to its headcount as of June 30, 2024. LegalZoom expects to incur charges of approximately $5.0 million in connection with the restructuring plan, which consist primarily of severance and termination benefits offered to the impacted employees.”
Dan Wernikoff resigned as Chief Executive Officer at LEGALZOOM.COM, INC..
“determined to transition from Dan Wernikoff, effective July 9, 2024, and Mr. Wernikoff resigned from the Board, effective July 9, 2024.”
Jeffrey Stibel was appointed as Chief Executive Officer at LEGALZOOM.COM, INC..
“appointed Jeffrey Stibel, who currently serves as Chair of the Board, to serve as Chief Executive Officer of the Company, effective July 9, 2024.”
Earnings Releases
LEGALZOOM.COM, INC. reported the three months ended March 31, 2024 results: revenue $174.2 million, net income $4.7 million, EPS $0.02.
“LegalZoom Reports First Quarter 2024 Financial Results • Revenue of $174.2 million for the quarter, an increase of 5% year-over-year”
Christine Wang resigned as Director at LEGALZOOM.COM, INC..
“On May 1, 2024, Christine Wang, a current Class I director of LegalZoom’s Board of Directors (the “Board”), resigned as a member of the Board, effective the same day.”
Earnings Releases
LEGALZOOM.COM, INC. reported the three months and year ended December 31, 2023 results: revenue $158.7 million for the quarter, net income $7.4 million for the quarter, EPS $0.04 for the quarter. Guidance initiated.
“the Securities Act of 1933, as amended, or the Exchange Act. --- EX-99.1 (EX-99.1) --- LegalZoom Reports Fourth Quarter and Full Year 2023 Financial Results • Revenue of $158.7 million for the quarter, an increase of 8% year-over-year; and $660.7 million for the year, up 7% year-over-year • Subscription revenue of $106.7 million for the quarter, an increase of”
Rich Preece changed role as Chief Operating Officer at LEGALZOOM.COM, INC..
“On February 15, 2024, it was determined that Rich Preece, Chief Operating Officer, would transition from LegalZoom effective as of March 31, 2024.”
Dipan Patel resigned as Director at LEGALZOOM.COM, INC..
“On November 13, 2023, following the closing of the Secondary Offering, Dipan Patel, a Class I director who was initially nominated by Permira, resigned as a member of the Board of Directors, effective immediately.”
Earnings Releases
LEGALZOOM.COM, INC. reported fourth quarter ending December 31, 2023 and full year ending December 31, 2023 results: revenue Revenue is expected to be in the range of $155 million to $157 million for Q4 2023 and $657 million to $659 million for. Guidance raised.
“Our guidance for the fourth quarter ending December 31, 2023 is as follows: • Revenue is expected to be in the range of $155 million to $157 million • Adjusted EBITDA is expected to be in the range of $28 million to $30 million Our guidance for the full year ending December 31, 2023 is updated as follows: • Revenue is now expected to be in the range of $657 million to $659 million • Adjusted EBITDA is now expected to be in the range of $114 million to $116 million”
Earnings Releases
LEGALZOOM.COM, INC. reported three and nine months ended September 30, 2023 results: revenue $167,274, net income $7,534, EPS $0.04.
“except AOV, ARPU and percentages) Three Months Ended % Growth Nine Months Ended % Growth September 30, (Decline) September 30, (Decline) 2023 2022 YOY 2023 2022 YOY Revenue $ 167,274 $ 155,277 8 % $ 502,064 $ 473,353 6 % Business formations 137 117 17 % 468 359 30 % Transaction units 237 226 5 % 828 718 15 % Average order value (AOV) $ 242 $ 258 (6) % $ 217 $”
Earnings Releases
LEGALZOOM.COM, INC. reported third quarter ended September 30, 2023 results: revenue $167.3 million, net income $7.5 million, EPS $0.04.
“LegalZoom Reports Third Quarter 2023 Financial Results • Revenue of $167.3 million for the quarter, an increase of 8% year-over-year • Subscription revenue of $104.5 million for the quarter, an increase of 14% year-over-year • $212.1 million of cash and cash equivalents and no debt outstanding as of September 30, 2023 • Strong product velocity: launched a Business Licenses compliance product, accounting solution LZ Books, AI powered document summarization tool Doc Assist and a revamped Legal Forms library during and subsequent to the end of the third quarter MOUNTAIN VIEW, California – November 7, 2023 – LegalZoom.com, Inc. (Nasdaq: LZ), the No. 1 choice in online small business formations, today announced results for its third quarter ended September 30, 2023, including the following highlights: • Revenue was $167.3 million for the quarter, up 8% year-over-year: ◦ Transaction revenue was $57.4 million, down 2% year-over-year.”
Material Agreements
LEGALZOOM.COM, INC. entered into Agreement with Trinity Foundation RE Venture, LLC valued at $41,000,000 (effective 2023-10-11).
“On October 11, 2023 (the “Effective Date”), LegalZoom.com, Inc.’s (“LegalZoom”) wholly owned subsidiary, 9900 Spectrum LLC, a Texas limited liability company (“Seller”), entered into a purchase agreement (the “Agreement”) with Trinity Foundation RE Venture, LLC (the “Buyer”) to sell on an “as is” basis Seller’s improved real property located at 9900 Spectrum Drive, Austin, Texas 78717 (the “Property”) for $41,000,000 in cash (the “Purchase Price”).”
Material Agreements
LEGALZOOM.COM, INC. entered into Stock Purchase Agreement with LucasZoom, LLC valued at $45.1 million (effective 2023-09-05).
“On September 5, 2023, LegalZoom.com, Inc. (the “Company”) entered into a Stock Purchase Agreement (the “Purchase Agreement”) with LucasZoom, LLC (the “Selling Stockholder”).”
Shareholder Votes
LEGALZOOM.COM, INC. shareholders approved Advisory vote on preferred frequency of future advisory votes on executive compensation at the 2023-06-06 meeting.
“Proposal 3 – “One year” was selected, on an advisory basis, as the preferred frequency of the Company’s future advisory votes on executive compensation as set forth below: ONE YEAR TWO YEARS THREE YEARS ABSTAIN BROKER NON-VOTES 145,480,160 65,343 1,048,438 49,801 32,352,825”
Shareholder Votes
LEGALZOOM.COM, INC. shareholders approved Ratification of PricewaterhouseCoopers LLP as independent registered public accounting firm for year ending December 31, 2023 at the 2023-06-06 meeting.
“Proposal 2 – The appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2023 was ratified as set forth below : FOR AGAINST ABSTAIN BROKER NON-VOTES 177,924,570 675,306 396,691 —”
Shareholder Votes
LEGALZOOM.COM, INC. shareholders approved Election of Class II director at the 2023-06-06 meeting.
“Proposal 1 – The one nominee named in the proxy statement was elected as a Class II director to serve for a three-year term and until her successor has been duly elected and qualified, or until her earlier death, resignation, removal, retirement or disqualification as set forth below : DIRECTOR NOMINEE FOR WITHHOLD BROKER NON-VOTES Sivan Whiteley 137,146,522 9,497,220 32,352,825”
Earnings Releases
LEGALZOOM.COM, INC. reported the three months ended March 31, 2023 results: revenue $165.9 million, net income net loss was $2.4 million, EPS basic and diluted net loss per share was $0.01. Guidance reaffirmed.
“into a filing under the Securities Act of 1933, as amended, or the Exchange Act. --- EX-99.1 (EX-99.1) --- LegalZoom Reports First Quarter 2023 Financial Results • Revenue of $165.9 million for the quarter, an increase of 7% year-over-year • Subscription revenue of $97.3 million for the quarter, an increase of 15% year-over-year • $204.1 million of cash and cash”
Dipanjan Deb departed as Director at LEGALZOOM.COM, INC..
“On March 28, 2023 and March 29, 2023, respectively, Mr. Brian Ruder and Mr. Dipanjan Deb each notified LegalZoom.com, Inc. (“LegalZoom”) of his decision not to stand for re-election to the Board of Directors at LegalZoom’s 2023 annual meeting of stockholders (“Annual Meeting”).”
Brian Ruder departed as Director at LEGALZOOM.COM, INC..
“On March 28, 2023 and March 29, 2023, respectively, Mr. Brian Ruder and Mr. Dipanjan Deb each notified LegalZoom.com, Inc. (“LegalZoom”) of his decision not to stand for re-election to the Board of Directors at LegalZoom’s 2023 annual meeting of stockholders (“Annual Meeting”).”
Auditor Changes
LEGALZOOM.COM, INC. reported that prior financial statements should not be relied upon.
“Accordingly, the unaudited condensed consolidated financial statements included in the Q2 2022 Form 10-Q and the Q3 2022 Form 10-Q require restatement and should also no longer be relied upon.”
Earnings Releases
LEGALZOOM.COM, INC. reported the year ended December 31, 2022 results: revenue $620.0 million, net income $ (48,733). Guidance initiated.
“Document Exhibit 99.1 LegalZoom Reports Fourth Quarter and Full Year 2022 Financial Results • Revenue of $146.6 million for the quarter, an increase of 3% year-over-year; and $620.0 million for the year, up 8% year-over-year • Subscription revenue of $91.0 million for the quarter, an increase of 13% year-over-year; and $358.0 million for the year, up 24%”
Earnings Releases
LEGALZOOM.COM, INC. reported the three months ended December 31, 2022 results: revenue $146.6 million, net income $1.7 million, EPS $0.01. Guidance initiated.
“• Revenue was $146.6 million for the quarter, up 3% year-over-year, and $620.0 million for the year, up 8% year-over-year. ◦ Transaction revenue was $50.8 million, compared to $56.5 million in the same period in 2021, down 10% year-over-year. ◦ Subscription revenue was $91.0 million, compared to $80.7 million in the same period in 2021, an increase of 13% year-over-year. We had approximately 1.4 million subscription units as of December 31, 2022 with approximately 26 thousand net units added in the quarter, and our average revenue per subscription unit increased 9% from 2021. ◦ Partner revenue was relatively flat at $4.9 million for both quarters in 2022 and 2021. • Gross margin was 68% for the quarter and 66% in the same period in 2021. • Net income was $1.7 million for the quarter, or 1% of revenue, compared to net loss of $(20.8) million or (15%) of revenue in 2021. • Adjusted EBITDA was $26.5 million for the quarter, or 18% of revenue, compared to $7.0 million, or 5% of revenue, fo”
Auditor Changes
LEGALZOOM.COM, INC. reported that prior financial statements should not be relied upon.
“As a result, the quarterly financial statements included in the Q1 2022 Form 10-Q require restatement and should no longer be relied upon. In addition, any previously issued or filed earnings releases, investor presentations or other communications describing the Company’s quarterly financial statements and other related financial information covering Q1 2022 should no longer be relied upon. The impact of the restatement and the other immaterial revisions described below will reduce net loss by $4.9 million for Q1 2022. The restatement of the quarterly financial statements does not impact the Company’s reported cash flows or its cash position. In addition, the error also had the impact of understating the income tax benefit for the three months ended June 30, 2022 (“Q2 2022”) and overstating the income tax benefit for the three months ended September 30, 2022 (“Q3 2022”). However, manage”
Earnings Releases
LEGALZOOM.COM, INC. reported third quarter ended September 30, 2022 results: revenue $154.4 million, net income $10.1 million, EPS $0.05. Guidance raised.
“LegalZoom Reports Third Quarter 2022 Results • Revenue of $154.4 million, an increase of 4% year-over-year • Subscription revenue of $91.4 million, an increase of 25% year-over-year • $211.8 million of cash and cash equivalents and no debt outstanding as of September 30, 2022 GLENDALE, California – November 10, 2022 – LegalZoom.com, Inc. (Nasdaq: LZ) today announced results for its third quarter ended September 30, 2022, including the following highlights: • Revenue was $154.4 million for the quarter, up 4% year-over-year. ◦ Transaction revenue was $57.6 million, compared to $66.9 million in 2021, down 14% year-over-year. ◦ Subscription revenue was $91.4 million, compared to $73.3 million in 2021, an increase of 25% year-over-year. We had 1,415,000 subscription units as of September 30, 2022 with 21,000 net units added in the quarter, and our average revenue per subscription unit increased 12% from 2021. ◦ Partner revenue was $5.5 million, compared to $7.7 million in 2021. • Gross marg”
Khai Ha departed as Director at LEGALZOOM.COM, INC..
“Mr. Khai Ha will not be standing for reelection at the 2022 annual meeting of stockholders.”
David Yuan resigned as Director at LEGALZOOM.COM, INC..
“On March 9, 2022, the Board accepted the resignation of Mr. David Yuan from the Board, which resignation will become effective March 18, 2022”
Sivan Whiteley was appointed as Director at LEGALZOOM.COM, INC..
“On March 9, 2022, the LegalZoom Board of Directors (“Board”), appointed Ms. Sivan Whiteley as a member of the Board, effective March 18, 2022”
Elizabeth (Liz) Hamren was appointed as Class III Director at LEGALZOOM.COM, INC..
“On August 2, 2021, the Board of Directors (the “Board”) of LegalZoom.com, Inc. (the “Company”) increased the size of the Board from nine to ten members and appointed Elizabeth (Liz) Hamren as a member of the Board, to serve as a Class III director, until the Company’s 2024 annual meeting of stockholders and until her successor is duly elected and qualified.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.