Markovic quoted in ABA Journal article about LegalZoom

August 18, 2014

Texas A&M School of Law Professor Milan MarkovicTexas A&M University School of Law associate professor Milan Markovic was quoted in the ABA Journal article "Latest legal victory has LegalZoom poised for growth" by Robert Ambrogi published in the August 2014 issue.

The article discusses that in spite of facing numerous lawsuits, LegalZoom is planning to expand the services it offers and that the legal profession can offer solutions to best regulate these types of services and ensure their customers are protected.

Below is an excerpt from the ABA Journal article:

However, Milan Markovic, associate professor at Texas A&M University School of Law, Professor Markovic questions the premise that companies such as LegalZoom are needed because of the failure of the legal profession to meet the needs of middle-income consumers. "My problem is we have almost no data to support that, and the types of services LegalZoom offers actually can be obtained," he says, sometimes at even lower cost.

Markovic would prefer that bar associations accept we are in a do-it-yourself age and directly provide to consumers more of the documents and services they want. To the extent evidence can substantiate legitimate failures in the legal services market, however, Markovic would support regulatory or licensing schemes that would allow for alternatives.

Read the full text of the ABA Journal article here

About the ABA Journal and the ABA:

The ABA Journal is the flagship magazine of the American Bar Association. The ABA Journal is read by half of the nation’s 1 million lawyers every month. It covers the trends, people and finances of the legal profession from Wall Street to Main Street to Pennsylvania Avenue. The ABA is the largest voluntary professional association in the world. With more than 400,000 members, the ABA provides law school accreditation, continuing legal education, information about the law, programs to assist lawyers and judges in their work, and initiatives to improve the legal system for the public. -- courtesy of the