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Score 10 out of 100
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Attribute Ratings

    Likelihood to Recommend

    10.0

    Business Advisory Plan

    100%
    1 Rating

    Valuecoders

    N/A
    0 Ratings

    Likelihood to Recommend

    LegalZoom

    Best suited in every case where the founders or executive management team value an outside, objective review (which should be every business critical strategic decision) LegalZoom teams come with the broadest base of experience, and the exchange will always be to the benefit of the strategy; either from identifying a weakness in the plan or re-confirming the strength of the plan. Less appropriate: shorter term decisions. Such sanity checks are for strategy, not day-to-day.
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    Pros

    LegalZoom

    • Assurance that the business structure is established right, from the start because both successful growth and a successful exit are heavily dependent on which you choose.
    • Objectivity: LegalZoom affords you access to a myriad of legal experts, so you do too. They review your business without the bias inherent in being a founder or executive management. The final decision is still yours, but it's a much better informed one.
    • Agility: It's nearly impossible to keep up with all of the legislation, and interpretation of such legislation (case law) too quickly and an inhouse or even outsourced billable hour team whose goal is 'billable hour' is not objective either. Flat-fee pricing is the only answer.
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    Cons

    LegalZoom

    • Critical initial selection of business model: LLC, Inc. Since this is the most expensive decision one can make, especially where the wrong one, I recommend insisting upon as much active engagement as possible in the very beginning to avoid the typical traps that might force a restart.
    • Annual review is great, but I might recommend adding steps that encourage at least a mid-year review rather than wait for the annual.
    • Honestly, we did have one issue with them where they had made an error and. much to their credit, they corrected it add their own expense.
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    Pricing Details

    Business Advisory Plan

    Starting Price

    Editions & Modules

    Business Advisory Plan editions and modules pricing
    EditionModules

    Footnotes

      Offerings

      Free Trial
      Free/Freemium Version
      Premium Consulting/Integration Services

      Cost:

      No setup fee

      Additional Details

      Valuecoders

      Starting Price

      $0

      Editions & Modules

      Valuecoders editions and modules pricing
      EditionModules

      Footnotes

        Offerings

        Free Trial
        Free/Freemium Version
        Premium Consulting/Integration Services

        Cost:

        15$

        Additional Details

        Alternatives Considered

        LegalZoom

        While both AribaCM and ContractWorks were very good, neither technologies came with the breadth of legal expertise, at a flat rate, that LegalZoom does. As I mentioned software can automate nearly any process, such as contract development and management, but software has yet to be able to replace the level of human intelligence required to capture the spirit of any business contract.
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        Return on Investment

        LegalZoom

        • Strenghtens our commitment to our strategic plan by the objective review, adding expertise in areas we were less aware of.
        • Over threee years we've had several real-time discussions with a few of their experts and every one was extremely beneficial and insightful.
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