Monday, February 1, 2010
LegalZoom Eyes Texas Expansion
Los Angeles-based LegalZoom.com, a provider of web-based, legal documents, is eyeing a major expansion in Texas, with the location of 600 new jobs in Austin, according to the City of Austin. According to documents posted by the City of Austin, it is proposing to provide LegalZoom.com with up to $200,000 in economic incentives to open up an office in Austin as a regional headquarters. The city said it has authorized its City Manager to pay the firm around $20,000 a year for the next 10 years to convince the firm to select the city for the new regional headquarters. LegalZoom.com is also receiving $1M from the Texas Enterprise Fund to encourage the move. The city is now taking public comments on the incentive proposal.