Jan. 11 at 6:50 PM
$LZ my 2035 stock, and it’s been 1 year so far, so 9 years left! @LetsGoMets10 . Having been in Big Law and Big 4, LZ is borderline UPL (unauthorized practice of law) but our word is changing so quickly that even CPA firms can be bought by PE (Private Equity) and up to 49% minority shareholders can be non-CPA, there’s no saying the law industry won’t fundamentally change with the use of AI. (side note: building a book of business as a CPA firm owner and selling it to PE is a great exit ticket to 8 figure wealth). I believe small businesses can benefit from easy access to legal services and LZ’s subscription service model will be a cash cow in future years. Perhaps if LZ expands on tax law offerings and offer an all-in-one stop shop for legal services (corporate, contract, etc) and farm out work to Big Law, mid-law, and boutique firms and solo practitioners in the way that Turbotax offers “live expert” access (for a higher fee). @mhparvez @bsnacks @PaPaBaZi @YoloAlfred
