According to the Austin American Statesman's business blog, the City of Austin recently posted a proposed incentives proposal to lure a Calfornia based legal services business to establish a regional business headquarters in Austin.
Legal Zoom has recently annouced its interest in creating a regional headquarters for its online legal services company in Austin, Texas.
The City of Austin has proposed to pay Legal Zoom $20,000.00 a year for ten years. The money would be tied to the business meeting targets for job creation in Austin.
The Texas Enterpise fund would potentially contribute an additional $1 million if the Austin City Council approves the plan.
DLG Luce LLP is a Texas based civil and business law firm. From our offices in San Antonio and Austin, Texas, our lawyers assist many Texas individuals and businesses with their business legal needs. To learn more about DLG Luce or to schedule a consultation with one of our business attorneys, click here.