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Rocket Lawyer Review – Is It Right for Legal and Finance?
Legal stuff.
Finance stuff.
Gets complicated fast, right?
Forms, contracts, agreements.
Takes time. Costs money. Causes stress.
Ever feel like you’re drowning in paperwork just to get things done?
Especially when you’re trying to move fast in legal and finance operations.
Building a business. Managing assets. Protecting yourself.
The documents pile up.
Legal Legal Document Generation can be a total bottleneck.
Hours spent drafting, reviewing, chasing signatures.
It slows everything down.
AI is changing the game everywhere.
Including legal and finance.
Tools are popping up that promise to make things easier. Faster. Cheaper.
Rocket Lawyer is one of them.
Claims it can handle your Legal Document Generation needs.
Make life simpler for people in legal and finance.
But does it actually work?
Is it just another tool or is it the real deal?
Can it seriously cut down the hassle of making legal documents?
Let’s find out.
No BS. Just the facts.
Table of Contents
- What is Rocket Lawyer?
- Key Features of Rocket Lawyer for Legal Document Generation
- Benefits of Using Rocket Lawyer for Legal and Finance
- Pricing & Plans
- Hands-On Experience / Use Cases
- Who Should Use Rocket Lawyer?
- How to Make Money Using Rocket Lawyer
- Limitations and Considerations
- Final Thoughts
- Frequently Asked Questions
What is Rocket Lawyer?
Okay, let’s talk Rocket Lawyer.
Think of it as an online platform.
It’s built to help you handle legal tasks without needing a lawyer for every single thing.
Its main gig?
Legal Document Generation.
They have a massive library of templates.
Hundreds of different legal documents.
For personal stuff. For business stuff.
Wills, contracts, rental agreements, NDAs, invoices, stuff like that.
You pick the document you need.
Then you answer some questions.
It’s like a guided interview.
Based on your answers, it customises the document.
Puts your specific details in.
Names, dates, addresses, terms.
It fills in the blanks.
Makes the document relevant to your situation.
Beyond just making documents, they offer other services.
Like getting your documents reviewed by a lawyer.
Or asking a lawyer quick questions.
They also help with things like setting up a business.
Forming an LLC or a corporation.
It’s trying to be a one-stop shop.
For legal needs that don’t require full-blown legal representation.
Who uses it?
Small business owners.
Freelancers.
Individuals needing personal legal documents.
Basically anyone who needs a legal document but doesn’t want to pay hundreds or thousands for a lawyer to draft a standard one.
It’s designed to be accessible.
Easy to use.
Faster than the traditional way.
And way cheaper.
It leverages technology to scale access to legal forms and basic legal help.
It’s not AI in the sense of ChatGPT writing your document from scratch based on a prompt.
It’s more structured AI.
Using smart templates.
And conditional logic to build the document based on user input.
Think of it as automated legal document assembly.
Powered by a smart system.
It’s specifically built for folks navigating legal stuff.
Especially those operating within legal and finance sectors who need documents constantly.
Key Features of Rocket Lawyer for Legal Document Generation
- Extensive Document Library:
This is the core.
Rocket Lawyer boasts a massive collection.
Hundreds of legal document templates.
Covering loads of situations.
Business contracts, HR forms, real estate leases, personal wills, power of attorney – you name it.
They are drafted by legal professionals.
Designed to be legally sound in relevant jurisdictions.
This saves you hunting for templates online.
Or worse, trying to draft from scratch.
You get access to professional templates right away.
- Guided Document Creation:
This is where the tech really helps.
You don’t just download a blank template.
Rocket Lawyer walks you through it.
Using an interactive questionnaire.
As you answer questions about your specific needs, the document is built.
Sections are added or removed.
Clauses are included based on your situation.
It’s not just filling in names and dates.
It’s dynamic.
This makes sure the document fits your exact circumstances.
Reduces the risk of errors or missing key details.
- Electronic Signatures (Signatory):
Making the document is only half the battle.
You need it signed.
Rocket Lawyer includes its own e-signature service called Signatory.
You can send your created documents directly through the platform.
Parties can sign electronically.
Legally binding in many places.
This streamlines the entire workflow.
No printing, scanning, or mailing needed.
Speeds up the process big time.
Gets deals done faster.
Agreements finalised quicker.
- Document Storage and Access:
Once created and signed, where do you keep it?
Rocket Lawyer provides secure online storage.
All your documents are kept in one place.
Accessible anytime, anywhere.
No more hunting through emails or filing cabinets.
Everything is organised on their platform.
Easy to retrieve when you need it.
Important for record-keeping and compliance.
- Ask a Lawyer & Document Review:
This feature adds a layer of reassurance.
Sometimes you need more than just a template.
You might have a specific question.
Or you want a lawyer to glance over the document you created.
Rocket Lawyer offers access to on-call lawyers.
You can ask quick questions related to your documents or general legal issues.
Or request a review of a document you generated.
This is huge.
It bridges the gap between DIY and needing a full lawyer.
Gives you confidence the document is correct and suitable.
Benefits of Using Rocket Lawyer for Legal and Finance
Why bother with Rocket Lawyer?
Especially if you’re knee-deep in legal and finance work.
Several reasons.
First off, saves time.
Massively.
Drafting legal documents from scratch takes ages.
Even finding a decent template and customising it manually is a chore.
Rocket Lawyer’s guided process is quick.
Answer questions. Document generated. Done.
What used to take hours can take minutes.
Time is money.
Especially in busy professional environments.
Reduces cost.
Hiring a lawyer to draft a simple contract?
Could cost hundreds. Maybe thousands.
Rocket Lawyer is a subscription.
You pay a monthly or annual fee.
Get access to unlimited documents.
Plus lawyer consultations (depending on the plan).
Way cheaper than traditional legal fees for routine documents.
Improves consistency and quality.
Their templates are created by legal experts.
They’re designed to be comprehensive and legally sound.
Using them ensures your documents are professionally drafted.
Reduces the risk of errors or omissions that come with manual drafting or using questionable free templates online.
Especially crucial for compliance and legal validity in Legal Document Generation.
Streamlines workflow.
Creation, customisation, signing, storage.
It’s all in one place.
You don’t need separate tools for e-signatures or document management.
This unified process makes managing legal documents much smoother.
Less jumping between platforms.
Less chance of things falling through the cracks.
Provides peace of mind.
Knowing your documents are based on templates drafted by lawyers helps.
Having the option to ask a lawyer questions or get a review adds confidence.
You feel more secure that your legal paperwork is done correctly.
This is invaluable, especially when dealing with important agreements or compliance requirements.
Accessibility.
It makes legal documentation accessible to people who might not have easy access to lawyers.
Or who have simple legal needs that don’t justify the cost of a lawyer.
Small businesses, startups, individuals.
They can get professional-grade documents without the traditional barriers.
Ultimately, Rocket Lawyer takes a complex, often intimidating task.
And makes it manageable.
For professionals and individuals alike.
Pricing & Plans
Okay, let’s talk money.
Rocket Lawyer isn’t free.
They operate on a membership model.
There’s a paid subscription called Rocket Lawyer Premium.
This is where you get the full benefits.
What does Premium get you?
Unlimited access to create any document in their library.
Unlimited electronic signatures (Signatory).
Secure document storage.
Free access to ‘Ask a Lawyer’ questions.
Free document reviews by a lawyer.
Significant discounts on hiring a lawyer from their network for more complex issues.
Discounts on registered agent services if you’re setting up a business.
The price for Premium is typically a monthly fee.
There’s often a discount if you pay annually.
You need to check their website for the exact current pricing.
They sometimes offer trial periods.
Where you can try Premium free for a week or month.
Great way to test it out.
Can you use it without a membership?
Yes, but it’s pay-as-you-go.
And it gets expensive fast.
Buying a single document might cost £30-£50 or more.
Asking a single lawyer question might be £50+.
Getting a document reviewed could be over £100.
So, if you need more than one or two documents a year.
Or anticipate needing any lawyer interaction.
The Premium membership is almost always the better deal.
Think of it like this:
If a single lawyer meeting costs £200.
The monthly fee for Rocket Lawyer might be less than half of that.
And you get unlimited documents and questions.
Alternatives?
Other platforms like LegalZoom or LawDepot offer similar services.
Pricing models can differ.
Some charge per document. Some have memberships.
Rocket Lawyer’s Premium plan is competitive for the sheer volume of documents and access to lawyers it provides.
Especially strong for businesses or individuals with ongoing legal document needs.
Before committing, always check their latest pricing and trial offers.
Make sure it fits your budget and anticipated usage for Legal Document Generation.
Hands-On Experience / Use Cases
Alright, let’s talk about actually using Rocket Lawyer.
My experience?
Pretty straightforward.
Navigating the site is easy.
Searching for a document template is simple.
I needed an independent contractor agreement.
Found it quickly.
Clicked “Create Document”.
It launched the interactive interview.
Questions pop up one by one.
Like, “What is the contractor’s name?”
“What services will they provide?”
“What is the payment schedule?”
The questions are plain English.
Not legal jargon.
Easy to understand.
As you answer, you see a preview of the document building on the side.
Clauses appearing. Names filled in.
It takes maybe 10-15 minutes to go through the whole thing for a moderately complex document.
Way faster than opening Word and trying to remember what clauses need to be in there.
Once done, you can review the full document.
Make edits if needed.
The editor is okay, not perfect, but functional for minor tweaks.
Then you can download it as a PDF or Word file.
Or use their Signatory feature.
Sending for signature was also simple.
Enter the recipient’s email.
They get a link to sign electronically.
Boom. Done. Legally binding signature obtained remotely.
Stored securely in my account.
No printing, scanning, posting.
Massive efficiency gain.
Used the ‘Ask a Lawyer’ feature once too.
Had a quick question about a clause.
Posted the question in the dashboard.
Got a response from a lawyer within a few hours.
Helpful, concise advice.
Didn’t need a full consultation. Just a pointer.
Perfect for those small queries that can trip you up.
Use case examples in legal and finance:
Small business owner needing employment agreements, client contracts, NDAs for new hires or projects.
Real estate investor creating lease agreements, purchase offers, power of attorney forms.
Financial advisor needing client agreements, privacy policies, release forms.
Individuals creating wills, living trusts, power of attorney, name change documents.
For anyone in these fields who needs standard legal documents regularly.
Rocket Lawyer saves time, money, and hassle on the Legal Document Generation side.
Who Should Use Rocket Lawyer?
Is Rocket Lawyer for everyone?
Probably not.
If you need complex legal advice or litigation help, you still need a traditional lawyer.
Rocket Lawyer isn’t a law firm.
But for a specific group of people, it’s a great fit.
Small Business Owners:
Absolutely.
Businesses constantly need legal documents.
Employee contracts, consulting agreements, terms of service, invoices, NDAs.
Rocket Lawyer handles all this.
Saves significant legal fees compared to hiring lawyers for each document.
Helps ensure compliance as you grow.
Freelancers & Independent Contractors:
Drawing up solid client contracts is crucial.
Protects you and your income.
Rocket Lawyer makes it easy to create professional contracts.
Statements of work, service agreements.
Keeps things clear with clients.
Landlords & Property Managers:
Lease agreements are standard but need to be correct.
Eviction notices, rental applications, notices to enter.
Rocket Lawyer has state-specific templates.
Ensures compliance with local laws (check specifics for your area).
Individuals with Personal Legal Needs:
Wills, power of attorney, living wills.
These are important documents.
Rocket Lawyer makes them accessible and affordable.
Name change petitions, divorce papers (simpler cases).
Handles routine personal legal matters.
Anyone needing to streamline Legal Document Generation:
If your work involves generating lots of similar legal documents.
Sales contracts, vendor agreements, consent forms.
The template approach saves massive amounts of time.
Especially useful in departments like HR, Sales, or Finance within larger companies.
Rocket Lawyer is best for routine, standard legal documents.
Where the facts are clear and the situation isn’t overly complex or disputed.
It’s a tool for efficiency and cost savings on common legal paperwork.
If you fall into one of these categories and deal with legal documents regularly.
Rocket Lawyer is definitely worth considering.
How to Make Money Using Rocket Lawyer
Okay, how can you actually turn Rocket Lawyer into a money maker?
Or at least use it to boost your income potential?
It’s not a direct “make money” button.
It’s a tool that provides efficiency and capability.
You leverage that.
- Offer Document Preparation Services:
This is a straightforward one.
Many small businesses, freelancers, or individuals need legal documents but don’t want to use the tool themselves.
Maybe they find it intimidating.
Or just don’t have the time.
You can offer a service to prepare these documents for them.
Using your Rocket Lawyer membership.
They tell you what they need. You use the guided process to generate it.
Charge a fee for your service.
It’s way less than a lawyer. More than they’d pay for Rocket Lawyer direct, but they avoid the hassle.
Think independent paralegal services using tech.
Focus on common documents: simple contracts, NDAs, cease and desist letters, basic HR forms.
- Increase Your Freelancing/Consulting Rate:
If you’re a freelancer or consultant (especially in legal and finance or business services), professional contracts are essential.
Using Rocket Lawyer lets you provide your clients with solid, legally sound agreements.
This looks professional. Builds trust.
You can factor the cost of your subscription into your business overhead.
Justify slightly higher rates because you handle the paperwork professionally.
It’s an investment in your business image and protection.
- Launch a Niche Document Service:
Identify a specific niche that needs legal documents.
Maybe local charities needing volunteer agreements.
Or small event organisers needing vendor contracts.
Or even online course creators needing terms & conditions and privacy policies.
Use Rocket Lawyer to quickly generate these niche-specific documents.
Package it as a service.
“Get Your Charity’s Volunteer Pack Done.”
“Event Vendor Contract Bundle.”
Offer a fixed price for the bundle of documents they need.
Rocket Lawyer provides the backend Legal Document Generation engine.
Case Study Idea (Hypothetical):
Meet Sarah. She’s a virtual assistant specialising in helping small online coaches.
Her clients often needed client agreements, terms for their programs, and privacy policies for their websites.
Before Rocket Lawyer, Sarah would spend hours trying to find templates or formatting docs provided by clients.
It was inefficient.
She signed up for Rocket Lawyer Premium.
Now, when a new coaching client comes on board, she offers a “Client Onboarding Legal Pack”.
Includes the client agreement, terms, and policy documents generated and customised using Rocket Lawyer.
She charges £150 for this pack.
Takes her about 30-45 minutes using Rocket Lawyer.
Her Rocket Lawyer subscription costs maybe £30 a month.
With just two clients needing the pack per month, she covers her subscription AND makes a profit.
Her clients are happy because they get professional documents quickly and cheaper than hiring their own lawyer.
Sarah boosted her service offering and revenue using the tool as a key part of her business operations.
It’s about leveraging the tool’s efficiency and resources to provide value to others.
Limitations and Considerations
No tool is perfect.
Rocket Lawyer has limitations you need to know about.
Not a Substitute for Legal Advice:
This is crucial.
Rocket Lawyer provides legal information and templates.
It’s not the same as getting advice from your own lawyer.
Especially for complex, unique, or high-stakes situations.
If you’re facing a lawsuit, a major dispute, or need highly specialised legal advice, use a traditional law firm.
The ‘Ask a Lawyer’ feature is great for simple questions, but not in-depth strategy or representation.
Accuracy Needs Verification:
While templates are drafted by lawyers, laws change.
State and local laws vary significantly.
Rocket Lawyer tries to keep up, but you should always be aware.
For critical documents, especially in specific jurisdictions, consider getting a review by a local attorney.
Using the ‘Document Review’ feature on Rocket Lawyer helps, but understand its scope.
It’s a review, not a full legal opinion or guarantee.
Editing Can Be Clunky:
The guided interview is awesome.
But if you need to make significant changes outside the standard options.
Or edit the raw text extensively after generation.
The online editor can feel a bit limited compared to a full word processor.
You can download and edit elsewhere, but that adds steps.
Subscription Cost:
If you only need one document once a year, the pay-as-you-go might seem cheaper initially.
But as noted, the single document price is high.
The subscription is only cost-effective if you use it regularly.
Generating multiple documents per year or using the lawyer consultation features.
Make sure your expected usage justifies the recurring fee.
Not for Every Document Type:
While the library is large, it doesn’t cover everything.
Highly specialised legal documents might not be available.
Documents for international use might have different validity.
Their strength is common legal documents in the US and UK (and some other select regions).
Always check if the specific document type you need is available and relevant to your location.
Understand what Rocket Lawyer is built for – accessible Legal Document Generation and basic legal Q&A.
It’s not a full law firm retainer on demand.
Use it for its strengths, but know when you need to call in a human lawyer.
Final Thoughts
So, Rocket Lawyer.
Is it a game-changer?
For many, yeah.
Especially if you’re running a business or managing personal affairs that require regular legal paperwork.
It significantly cuts down the time, cost, and complexity of getting standard legal documents done.
The guided generation process is genuinely helpful.
Takes the headache out of making sure you include everything important.
The integrated e-signatures and storage make the whole process smooth.
And the access to lawyers for questions and reviews?
That’s a big value add.
Provides a safety net without the full cost of legal counsel.
It’s built for efficiency in legal and finance operations where standard documents are a bottleneck.
Is it perfect? No.
It’s not a law firm.
Complex legal issues still need expert, dedicated lawyers.
But for the 80% of routine legal documents most people or small businesses need?
Rocket Lawyer handles it.
It frees you up to focus on your business.
On making money.
Instead of getting bogged down in paperwork.
If you find yourself constantly needing contracts, agreements, or other legal forms.
And you’re tired of paying high fees or struggling with DIY templates.
Rocket Lawyer is absolutely worth checking out.
Consider the Premium membership if you have ongoing needs.
Use the trial if they offer one.
See how much time and stress it saves you.
It’s a smart tool for the modern world.
Leveraging technology to make a traditionally slow and expensive process faster and cheaper.
For efficient Legal Document Generation, it’s a strong contender.
Give it a look. Might just change how you handle legal docs.
Visit the official Rocket Lawyer website
Frequently Asked Questions
1. What is Rocket Lawyer used for?
Rocket Lawyer is primarily used for generating standard legal documents like contracts, wills, leases, and agreements.
It also provides access to lawyers for questions and document reviews.
It helps individuals and businesses handle common legal needs affordably and efficiently.
2. Is Rocket Lawyer free?
No, Rocket Lawyer is not free.
It operates on a paid membership basis (Rocket Lawyer Premium) for full access.
You can pay per document or service without a membership, but it’s significantly more expensive.
3. How does Rocket Lawyer compare to other AI tools?
Rocket Lawyer uses AI in a structured way for guided document generation based on templates and user input.
It’s different from generative AI tools like ChatGPT which create novel text.
Compared to other online legal service platforms (like LegalZoom), features and pricing models can vary.
4. Can beginners use Rocket Lawyer?
Yes, Rocket Lawyer is designed to be user-friendly for beginners.
The document creation process uses simple questions, not complex legal terms.
The platform is intuitive to navigate.
5. Does the content created by Rocket Lawyer meet quality and optimization standards?
Documents are based on templates drafted by legal professionals, aiming for legal quality.
They are designed for legal validity, not for ‘SEO optimization’ in the content marketing sense.
Quality depends on the specific document and jurisdiction, and professional review is recommended for critical documents.
6. Can I make money with Rocket Lawyer?
You can leverage Rocket Lawyer’s efficiency to make money indirectly.
By offering document preparation services to others.
By streamlining your own business operations (e.g., client contracts) to free up time for fee-earning work.
Or by creating niche document service bundles.
