LegalZoom stock soars after announcing OpenAI ChatGPT collaboration

Published 05/08/2025, 14:14
© Reuters.

Investing.com -- LegalZoom.com, Inc. (NASDAQ:LZ) stock surged as much as 12% Tuesday following the announcement of a collaboration with OpenAI to integrate its legal resources into ChatGPT’s agent capabilities.

The online legal services platform revealed that its products are being leveraged to provide legal guidance within OpenAI’s newest ChatGPT agent release. This integration allows ChatGPT to access LegalZoom’s legal resources through advanced AI capabilities, delivering high-quality legal information to users.

"As an innovator in online legal solutions, we are constantly striving to develop innovative technology and find new ways to make our customers’ legal lives easier," said Jeff Stibel, CEO of LegalZoom. "Now, with OpenAI’s ChatGPT agent, customers can tap into LegalZoom’s attorney-backed information to get the answers they need—faster and more efficiently than ever before."

The collaboration enables users to analyze business formation options across multiple states and receive tailored recommendations based on thorough analysis. The system can intelligently navigate legal resources, run analysis, and deliver editable documents and spreadsheets.

LegalZoom emphasized that its network of attorneys will remain available to offer further guidance for business and personal legal needs, complementing the AI-powered service.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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