Finding a reliable resource for legal documentation and formal contracts can seem daunting when you’re just starting out. There are hundreds of options for legal services out there, many of which come with too high a price tag or a sea of one-star reviews.
Online tools like LawDepot serve as an ideal middle ground between hiring a corporate lawyer and handling your legal documents independently. In this review we’ll take a look at some of their features — paying specific attention to their corporate bylaws template — and cover all the fundamentals you need to know before signing up for their services. Enjoy!
Simple: While LawDepot doesn’t offer as many document types as other providers, they’ve streamlined their approach so that customers can create initial documents in as little as 5 minutes.
User-Friendly: Because their platform is geared toward beginners, it’s great for folks who aren’t particularly internet-savvy or are seeking extra guidance.
Reliable: Once you’ve created an account, LawDepot will automatically save your documents so you can access them anytime.
Knowledgeable: Breaking into the startup world can be overwhelming, and it’s helpful to have as many educational resources at your disposal as possible. LawDepot has a lot to offer in this regard.
There’s some risk in using services like LawDepot without any additional professional help. Unless you’ve properly familiarized yourself with all the legal specifics of your contracts, bylaws and other corporate documents, it’s best to have an attorney look them over. Unlike Rocket Lawyer, LawDepot doesn’t provide access to legal professionals, so we advise seeking one out on your own if you choose to use their services.
Their services are pretty basic, which is either a pro or a con depending on your needs. They’re great for beginners, but they lack the versatility and customization some folks require.
LawDepot allows you to create your first document without setting up an account right off the bat, which is a great opportunity to get a feel for their platform. If you decide you like working with their template and you want to print or download it, you’ll need to create an account and choose a paid package (or take advantage of their free trial). They offer two different options depending on your needs:
$15 for Corporate Bylaws
If you’re simply looking to download and print out your bylaws, you can pay their one-time fee of $15. They’ll also keep a copy on file for you, but only for two weeks.
When to Use: This option is great for entrepreneurs who need corporate bylaws and nothing more, and don’t want to be bothered by monthly subscription fees. If that’s all you’re looking for, simply purchase the bylaws, get them in tip top shape, download a copy and you’ll be good to go.
$33/mo (free one-week trial)
It’s possible to get your corporate bylaws for free through LawDepot, but it requires signing up for their monthly subscription. There’s a bit of risk here, since you could forget to cancel your subscription before for the $33 fee starts rolling in each month.
That said, the free trial is a great way to see if you like their comprehensive document services, which includes hundreds of document templates. If you’re in the market for a partnership agreement or any other corporate document, odds are they have a template for it.
When to Use: The monthly subscription is best-suited for folks who want to be able to return to their documents time and time again to make modifications, and need access to LawDepot’s massive library of corporate documents.
For most small-business owners and entrepreneurs, grabbing the 7-day free trial is the best way to go. Just keep in mind that if you do sign up, you’ll start being billed after a week!
LawDepot has accumulated thousands of reviews across a variety of websites, which is rare in this industry — and something we love to see. Take a look at their rating breakdown below:
Customer reviews as of 8-29-2017:
As you can see, TrustPilot is their primary review platform, and also where they’ve acquired the most positive reviews. Sure, they’ve gotten some complaints and a 1/5 rating on BestCompany.com, but that’s only based on 10 customer reviews. Overall, folks seem pretty satisfied with their services.
Taking a closer look, the number one complaint we found had to do with folks being under the impression their first document would be free with no strings attached. This may be due to confusing on-site advertising. Again, you can get the corporate bylaws for free, but only if you enter in your credit card information and sign up for the trial. Other than this, though, most folks had incredibly positive things to say about their templates and platform overall.
Possibly. Tons of entrepreneurs choose to use online template services like LawDepot to craft their documents, but it's still a good idea to have a legal expert look over them.
Nope! As long as you keep in mind that their free trial ends after 7 days and auto-renews for $33/mo, you’ll be in the clear.
Based on everything we discussed in this review, we'll give LawDepot a rating of 4.1/5. They offer some great options to make creating legal documentation a whole lot easier for busy small-business owners.
If you’d like to learn more about LawDepot or check out some alternatives, use either of the links below. Cheers!Visit LawDepot Or Visit Alternatives