LZ · CIK 0001286139
What LegalZoom.com, Inc. told the SEC could break it.
1 self-disclosed vulnerability, pulled from its own filings, each in the company’s words, with the source. This is the risk register almost nobody reads.
A limited set so far, we surface every cited disclosure we’ve extracted for LZ. More may follow as additional filings are processed.
In its own words
What could break it.
Regulatory & policy
- Legal-services regulation — unauthorized practice of law (UPL) and corporate practice of law (CPL) restrictions, plus dependence on government filing requirements (the March 2025 FinCEN ruling eliminating BOI reporting already cut a revenue stream)medium
LegalZoom operates in a complex legal/regulatory environment and is subject to a wide variety of state and federal laws, including those governing internet activities, the unauthorized practice of law (UPL) and the corporate practice of law (CPL), privacy and data protection. UPL/CPL rules — which restrict non-lawyer entities from providing legal services or owning legal practices — are an existential, sector-defining regulatory risk for an online legal-services provider and have historically driven litigation against the company. Its transaction revenue is also tied to government filing requirements: the March 21, 2025 FinCEN ruling that eliminated the beneficial-ownership-information (BOI) filing requirement for U.S. companies reduced that revenue stream, showing how a single rule change can erase a product line. A specific, distinctive policy exposure. Severity medium.
“We are subject to a wide variety of state and federal laws, rules and regulations in the U.S., including those related to internet activities, UPL, the corporate practice of law, or CPL”
SEC filing →As of 2026
The hidden graph
Who it depends on, and who depends on it.
Relationships surfaced from filings, including ones disclosed by the other side, which is how the non-obvious ones come to light.
Its suppliers
“changes in regulations or the business practices of third parties have in the past and could in the future limit our ability and the ability of search engines and social media platforms, including Google and Meta Platforms, to collect data from users and engage in targeted advertising”
Cited →“changes in regulations or the business practices of third parties have in the past and could in the future limit our ability and the ability of search engines and social media platforms, including Google and Meta Platforms, to collect data from users and engage in targeted advertising”
Cited →
In the MyPRIA app, this is checked against the companies you actually own.
← World Watch