Sat 28 Jan 2017 | By:

Rocket Lawyer LLC Operating Agreement Template Review

Welcome, in this article we’re introducing you to Rocket Lawyer, one of the very best resources for LLC operating agreement templates along with other documents like member meeting minutes, resolutions, articles of incorporation, and many more involved in LLC compliance.

We’ll begin with straightforward pros and cons, then get into their overall pricing system and what sets their templates apart from other providers in the online legal services industry. Enjoy!

Pros & Cons of Using Their Templates

Pros

  1. LLC operating agreements are super-common, and Rocket Lawyer has theirs maintained by legal professionals so you can rest assured they’re up to date.

  2. If you opt for the Premium/Accelerate service, you can get your operating agreement looked over by a business attorney at a discounted price as well.

  3. Their template does a great job of handling the basic format and common formal legalese language.

  4. While some customization will likely be called for, their step-by-step instructions really help. If you run into problems, you can always pick up the phone and contact their customer service reps.

  5. Overall their services will cost far less than a law firm or personal attorney. This is one of the primary reasons entrepreneurs and startups turn to Rocket Lawyer.

  6. Their 7 Day Free Trial is amazing and comes with some great perks – we’ll get to these momentarily.

Cons

  1. While Rocket Lawyer will provide you with access to independent legal professionals, neither these professionals or Rocket Lawyer will be held liable should you make a mistake. It’s on your shoulders. This is one of the major differences between working with an online legal service and a conventional law firm.

  2. They have tons of online reviews and testimonials, and not everyone has an amazing experience. But, isn’t this true of just about any business? For example, all our contacts with their customer service have been awesome, but some claim differently.

TEMPLATE PRICING & HOW IT WORKS

First, let’s take a look at the pricing package graphic they use on their site, but we’ll be the first to acknowledge it’s not easy to figure out the fine print when it comes to specific documents.

Rocket Lawyer Monthly Pricing

Here’s how it breaks down:

For specific pricing on documents like an LLC operating agreement you need to go through their system and then in the checkout section you’ll be shown exactly how much everything costs. BE CAREFUL during the checkout process and don’t just click buttons…read, be sure you know which boxes are checked, etc.

The #1 complaint online is from people who feel they were unjustly charged. Nope, they were simply in a hurry and not paying attention. Rocket Lawyer is a business, don’t forget that, not a conventional law firm.

 

How does their template compare?

Again, LLC operating agreement templates are common, as common as LLCs. Same thing goes for state-specific articles of organization or annual checklists. What matters is that through Rocket Lawyer you’ve got the option of having your documents looked over by a legal professional and when needed, contact them and get your questions answered.

 

Your operating agreement template will look great, be ready to sign, cover the basics of legal lingo, and be updated. The only thing better would be to have the contract prepared by your own attorney. Speaking of which…

 

Use an Attorney Instead?

Absolutely. If you can afford your own attorney, then that’s an ideal way to go. No doubt. If you can’t afford a good attorney and have no access, or you’re somewhat familiar with the legalities in terms of documents like operating agreements and just simple questions would work, then consider providers like Rocket Lawyer. 100% DIY business can be risky in our ultra-litigious society!

Rocket Lawyer is also a big timesaver; convenient. Conventional attorneys can take their time because they have tons going on and a full plate of clients.

Providers like Rocket Lawyer and the professionals who work with folks like you through their system are ready to help you now, get you your document in 24 hrs, and so forth.

Disclaimer: This review is not to be considered legal advice. Also, some of the links in this review are affiliate links and we earn a small commission if you decide to use them, allowing us to invest hours of research into every review – so you don’t have to.

Is the Template Right For You?

Bottom line – their free trial is nice. You’ll have to set up a simple profile and provide payment information but remember that if you cancel before the trial ends there will be no charges! If you work quickly you can get your corporate bylaws template, have your meeting, then have it looked over by a legal professional who you can ask a specific question.

Going through this process will tell and show you everything you need to know. Do keep in mind that Rocket Lawyer provides tons of other corporate services to help you run your business as well though, their templates are only the beginning. Cheers!

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