What Happened to Legal Grind after the Shark Tank Pitch? Legal Grind Shark Tank Update
What is Legal Grind?
Legal Grind is a firm that provides low-cost legal representation for uncontested legal situations such as spousal and child maintenance, divorce, and will drafting.
Legal specialists at Legal Grind assist customers in preparing the papers required to represent themselves in court.
Legal Grind professionals meet with customers at coffee shops, workplaces, or over the phone or remotely.
Who is the Founder of Legal Grind?
Jeff Hughes started Legal Grind in 1996. Jeff had just graduated from law school in Los Angeles and had passed the Bar Exam – the only problem was that the economy was in a slump and there weren’t many job opportunities for him.
Jeff is a certified attorney whose mission is to discover a method to provide high-quality legal assistance to as many individuals as possible. Jeff is still the CEO of Legal Grind today, despite the fact that the actual facility has closed.
Jeff Hughes launched Legal Grind on the “coffee and counsel” concept, providing low- to middle-income workers with cheap access to an attorney or paralegal from a Santa Monica coffee shop.
Jeff’s original proposal drew a lot of attention in the media, giving thousands of Americans who couldn’t otherwise afford an attorney the opportunity to acquire the legal help they needed.
Although Jeff’s organization has grown and varied its services over time, his essential premise of ensuring that the safeguards and rights afforded by the US legal system are available to everybody remains unchanged.
What Happened to Legal Grind at the Shark Tank Pitch?
Jeff and Annie appeared on Shark Tank season 1 episode 13 in search of a $200,000 investment in exchange for a 15% ownership in their firm. This translates to a $1.3 million valuation.
Jeff presents his side of the company’s tale.
According to Jeff Hughes, Legal Grind earns around $200,000 each year, with a profit of $20,000 to $30,000.
Daymond John says he doesn’t believe Legal Grind is a horrible concept, but he’s frightened of starting a business with a lot of attorneys, so he’s out.
Barbara Corcoran believes Legal Grind is a clever gimmick, but she doubts Jeff and Annie Hughes’ ability to reproduce it through a franchise network. Barbara Corcoran has also stated that she will not be investing in Legal Grind.
According to Kevin Harrington, a franchise is founded on success, which means that any “bugs” must be cleaned out and addressed.
When they have a well-oiled machine, they may themselves that they want to repeat it a hundred times.
Kevin Harrington has stated that he does not believe Legal Grind is currently a well-oiled machine, which is why he is also out.
According to Robert Herjavec, Legal Grind is just a horrible concept since Jeff and Annie Hughes have been doing it for years and one day they awoke with the notion of franchising it out of nowhere.
Robert Herjavec declares that he does not want to invest and that he is leaving the company.
Kevin O’Leary claims that the only item of value he witnessed today was some terrible theatre, and that he does not see Legal Grind as a company. Kevin O’Leary has also left.
What Happened to Legal Grind after the Shark Tank Pitch?
After appearing on Shark Tank, Jeff and Annie Hughes appear to have opted to keep working at their own Legal Grind store rather than franchise it.
Jeff, on the other hand, is involved in the community and continues to blog on legal matters on a regular basis – in addition to dishing up a great, hot espresso.
The physical site will be closed in June 2021. Legal services are still offered through the website, and Jeff maintains a frequent blog regarding legal topics.
What is the Net Worth of Legal Grind?
Jeff and Annie appeared on Shark Tank in search of a $200,000 investment in exchange for a 15% ownership in their firm. This translates to a $1.3 million valuation. Current net worth is unavailable.
Who are Competitors of Legal Grind?
Legal Grind faces competition in its market space from the firms such as; Calegal1, Bruce Verhoeven Foundation and Petersen Law.
Legal Grind Shark Tank Episode Summary
|Shark Tank Episode||Shark Tank Season 1 Episode 13|
|Founder & Entrepreneur||Jeff Hughes|
|Amount Asked For||$200,000 for a 15% stake in the business|
|Deal: Accepted Offer||No deaL|
|The Shark Investor||nON|
|Business Net Worth||$1.33 million valuation|
|Business Status||The business is no longer operations|
Legal Grind FAQS
What is Legal Grind?
Legal Grind is a business that provides legal services to people who are unable to afford a lawyer.
Who is the founder of Legal Grind?
The founder of Legal Grind is Jeff Hughes.
How much were they seeking in the Shark Tank?
The Sharks wanted a $200,000 investment in exchange for 15% of their company.
Did they get the deal from the Sharks?
No, The Sharks were not interested in the deal and Jeff and Annie made their way out of the Shark Tank.
Is Legal Grind still in business?
The physical location is no longer open as of June 20, 2021. Legal services are still offered through the website, and Jeff maintains a frequent blog regarding legal topics.
Where is Legal Grind located?
The physical location is located at Santa Monica, California.
When was Legal Grind established?
Legal Grind was established in 1996.
What services does Legal Grind provide?
Legal grind provides legal representation for uncontested family court matters such as spousal and child maintenance, divorce, will drafting and bankruptcy filing.
How much does it cost to represent themselves?
The cost of legal representation depends on the type of case they are involved with.
What is the business model for Legal Grind?
Attorney Jeff Hughes started Legal Grind in 1996 employing a “Coffee and Counsel” model — combining a coffee shop on Lincoln Boulevard in Santa Monica with access to attorneys delivering casual, face-to-face legal counsel available at the tables for a small fees.
When was Legal Grind aired on Shark Tank?
Legal Grind was aired on Shark Tank Season 1 Episode 13 on January 29th, 2010.
Does Legal Grind have a physical location?
No, the physical location was shut down in June 2021.
What is net worth of Jeff Hughes?
Jeff Hughes’s net worth is unavailable.
What is the target market for Legal Grind?
The target market for legal services is low-income individuals and families, who are otherwise unable to afford a lawyer.
What is Legal Grind mission?
Legal Grind’s mission is to provide middle-income Americans and small companies with inexpensive, skilled legal services in novel ways.