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Rocket Lawyer

Rocket Lawyer

Provides affordable online legal services

About

Rocket Lawyer provides affordable legal services through an online platform, catering to individuals, small businesses, and families. Clients can access a variety of legal documents and advice via their website, making legal assistance more accessible to those who may not afford traditional law firms. The service operates on a subscription model, allowing Premium members to utilize a comprehensive library of legal documents, receive advice from real lawyers, and have their documents reviewed. For those who prefer not to subscribe, a pay-per-use option is available for specific services. Clients can create legal documents for various needs, such as business contracts and estate planning, instantly online, with the option for attorney review. Additionally, Rocket Lawyer offers access to a network of experienced attorneys for quick legal advice. The company stands out by focusing on affordability and accessibility, simplifying the legal process for users and saving them time and money.

Company Stage

Series C

Employees

201-500

Industries

Automotive & Transportation, Consulting, Industrial & Manufacturing, Enterprise Software, Financial Services, Legal

Total Funding

$318.9M

Headquarters

N/A

Founded

2006


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Simplify's Take

What believers are saying

  • The introduction of AI-driven tools and partnerships with tech giants like Google Cloud positions Rocket Lawyer at the forefront of legal tech innovation.
  • The company's focus on affordability and accessibility makes it an attractive option for small businesses and individuals who need legal services without the high costs.
  • Recent expansions, such as the launch of Rocket Tax, diversify Rocket Lawyer's service offerings and create new revenue streams.

What critics are saying

  • The rapid adoption of AI in the legal sector could lead to increased competition, challenging Rocket Lawyer to continuously innovate.
  • Security, privacy, and ethical concerns surrounding AI could pose risks to the company's reputation and client trust.

What makes Rocket Lawyer unique

  • Rocket Lawyer's AI-powered tools like Rocket Copilot set it apart by combining generative AI with human expertise to streamline legal processes.
  • The company's subscription-based model offers a cost-effective alternative to traditional legal services, making legal assistance accessible to a broader audience.
  • Partnerships with major entities like Google Cloud and SelectQuote enhance Rocket Lawyer's technological capabilities and market reach.

Growth & Insights
Headcount

6 month growth

5%

1 year growth

8%

2 year growth

18%

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