Exclusive: Holt to join LegalZoom

Print This Post

11 November 2014


Holt: UK chief

QualitySolicitors founder Craig Holt is joining online legal business LegalZoom – which claims to be the best known legal brand in America – to spearhead its UK expansion, Legal Futures has learned.

We understand that LegalZoom has been in talks with QS for several months ahead of last Friday’s announcement to QS firms that Mr Holt was leaving the network he created in 2008.

LegalZoom, which declined to comment, soft-launched in the UK in late 2013 in association with QS but has had no profile in the year since. A full announcement on its plans is expected shortly.

At the turn of 2014, LegalZoom also sold a large chunk of its business to leading European private equity company Permira, and in a statement at the time the pair said “the Permira funds’ backing strengthens LegalZoom’s ability to move forward with its significant growth plans, which include potential acquisitions in both the US and abroad”.

Permira also jointly owns Acromas, the holding company for the AA and Saga at the time both received alternative business structure licences last year. It has exited the AA investment following the breakdown company’s public listing in the summer, but Acromas remains the majority owner of Saga despite its listing.

Dipan Patel, a principal at Permira, said at the time of the deal: “LegalZoom is a clear leader in the huge untapped market for small business and family law. The company has strong brand recognition, a unique value proposition and a proven track record.”

To date LegalZoom has been behind US rival Rocket Lawyer in its development on this side of the Atlantic, but the recruitment of Mr Holt is a major signal of intent that it has serious plans for the UK.



Leave a comment

* Denotes required field

All comments will be moderated before posting. Please see our Terms and Conditions

Legal Futures Blog

New right to paid leave for bereaved parents: A welcome move

Kimberley Manning DAS

This year, like many in recent years, has seen some key changes within the employment law field, with the government, trade unions and lobbyists remaining endlessly engaged in seeking to impose their interpretation of fair balance between employers and their respective workforces. Although consensus on that equilibrium can never really be achieved, sometimes there are pieces of legislative movement which are difficult to argue with regardless of your perspective: This is one of those. Published on 13 October 2017, the Parental Bereavement (Pay and Leave) Bill would provide for the first time a legal right to parents who are employed and have suffered the death of a child, a minimum of two weeks’ leave in which to grieve.

November 20th, 2017