LegalZoom: Strong Subscription Growth Defies AI Fears

2026-02-20 11:16:35 ET

Currently, if there's one emotion that's dominating the stock market, it's fear. Specifically, investors are no longer looking forward to AI as a tailwind in terms of improving business efficiency and eliminating cost but as a threat to existing companies , particularly software companies. The recent release of Claude's Cowork tool that assists in the legal review process sparked a massive selloff in software stocks, and unsurprisingly LegalZoom.com, Inc. ( LZ ), which is a DIY legal services platform, has been disproportionately hit....

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