Law Practice
May 17, 2021
Will lawyers be part of the growth in legal services?
The boom days of consumer legal services may be here. And they aren’t coming for lawyers.
Lucy B. Ricca
Fellow
Center on the Legal Profession
Lucy is the executive director of the Utah Office of Legal Services Innovation.
Jason Solomon
Lecturer in Law
Stanford Law School
Jason is the executive director of the Stanford Center on the Legal Profession.
The boom days of consumer legal services may be here. And they aren't coming for lawyers. At the end of April, Rocket Lawyer announced that it raised $223 million in its Series E round of financing. In its last funding round in 2018, LegalZoom was valued at $2 billion.
Meanwhile, practicing lawyers own no piece of these leading legal businesses serving everyday Americans. Why? Because we lawyers have barricaded ourselves out of thes...
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