LegalZoom Appoints Pratik Savai as Chief Technology Officer to Drive Innovation and Growth

Rhea-AI Summary

LegalZoom (Nasdaq: LZ) has appointed Pratik Savai as its new Chief Technology Officer (CTO). Savai will focus on advancing LegalZoom's technology ecosystem, optimizing platform scalability, and implementing generative AI solutions to streamline legal processes.

Prior to joining LegalZoom, Savai served as CTO at Elation Health, leading Engineering, Product, and Design teams. He previously spent 16 years at Cornerstone OnDemand, where he helped build businesses generating over $840 million in recurring subscription revenues and scaled technology teams to over 400 people globally.

Savai holds multiple advanced degrees, including engineering degrees from the University of Mumbai and USC, along with an MBA from UCLA Anderson School of Management.

Positive

• Appointment of experienced CTO with proven track record of scaling technology operations
• New CTO's previous success in building $840M recurring subscription revenue businesses
• Strategic focus on implementing generative AI to enhance service offerings
• Demonstrated experience in scaling global tech teams to 400+ people

Negative

• None.

News Market Reaction

-0.54%

1 alert

-0.54% News Effect

On the day this news was published, LZ declined 0.54%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

MOUNTAIN VIEW, Calif., March 24, 2025 (GLOBE NEWSWIRE) -- LegalZoom.com, Inc. (Nasdaq: LZ), a leading online platform for legal services, today announced Pratik Savai as its new Chief Technology Officer (CTO). In this role, he will spearhead advancing LegalZoom’s technology ecosystem, optimizing platform scalability, and harnessing emerging technologies such as generative AI to simplify legal processes for individuals and businesses.

“Pratik is an innovative leader with deep technical acumen and a passion for leveraging technology to empower consumers and small businesses,” said Jeff Stibel, Chairman and Chief Executive Officer of LegalZoom. “His leadership will be instrumental in driving innovation and enhancing our technology infrastructure to serve our customers better.”

Pratik most recently served as the Chief Technology Officer at Elation Health, where he led the Engineering, Product, and Design teams, building transformative solutions for thousands of small businesses as well as large prominent digital health providers. Prior to that, Pratik led several technology and product organizations focused on workforce agility at Cornerstone OnDemand over a 16-year tenure. With a track record of driving innovation, building businesses to over $840 million in recurring subscription revenues, and scaling technology teams to over 400 people globally, Pratik brings extensive expertise to LegalZoom.

“This is an exciting moment for LegalZoom, and I’m thrilled to be joining at such a defining time," Pratik added. "The company is at the forefront of leveraging technology to reshape access to legal services, creating unprecedented opportunities for businesses and individuals alike. I look forward to collaborating with the technology team to drive innovation and build solutions that will redefine efficiency, accessibility, and customer experience in the legal industry."

Pratik received a Bachelor of Engineering from the University of Mumbai, a Master of Science in Electrical Engineering from the University of Southern California, a Master of Science in Computational Biology from the University of Southern California, and a Master of Business Administration with emphasis in Technology Management & Entrepreneurship from the University of California Los Angeles Anderson School of Management.

About LegalZoom
LegalZoom is a leading online platform for legal services, transforming how individuals and small businesses navigate the legal system. By combining intuitive technology with access to experienced attorneys—whether through our vast independent attorney network or LegalZoom Legal Services law firm—we offer the tools and guidance people need to confidently manage everything from business formation and compliance to estate planning and ongoing legal support.

With over two decades of experience and millions of customers served, LegalZoom helps individuals and small businesses navigate legal needs with confidence. For more information, visit www.legalzoom.com.

Contact

Investor Relations
investor@legalzoom.com

Press
press@legalzoom.com

FAQ

What are Pratik Savai's main responsibilities as LegalZoom's new CTO?

As LegalZoom's CTO, Pratik Savai will lead technology ecosystem advancement, platform scalability optimization, and implement generative AI solutions to simplify legal processes for customers.

What is Pratik Savai's previous experience before joining LegalZoom (LZ)?

Savai was CTO at Elation Health and spent 16 years at Cornerstone OnDemand, where he helped build businesses to $840M in recurring revenues and scaled tech teams to 400+ people globally.

How will LegalZoom (LZ) implement AI technology under the new CTO?

Under Savai's leadership, LegalZoom plans to harness generative AI technology to simplify legal processes and enhance accessibility for individuals and businesses.

What is the significance of Pratik Savai's appointment for LegalZoom (LZ) shareholders?

Savai's appointment brings proven expertise in scaling technology operations and growing subscription revenues, potentially benefiting LegalZoom's growth and innovation strategy.