Why Legal Shield?
Prepaid Legal now Legal Shield
When you consider Legal Shield as a home based business you must understand that there are a wide variety of service based products that are available to the public via the MLM model. If a person wants to start a MLM business of their own, there will be no shortage of products and services to choose from. However, one product that has been going strong for almost 40 years is a product that offers legal services on a pre-paid basis. The name of the brand was called Prepaid Legal until very recently. Now the product brand is called Legal Shield.
Understanding the Prepaid Legal / Legal Shield Product
Prepaid Legal
The product offers consumers the ability to subscribe to a monthly legal plan of sorts. How it works is that the consumer pays a monthly membership fee in order to belong to the program. When they join, they get a membership card, and they receive a listing of attorneys that are in their state, and in their area. These attorneys have agreed in advance to service Legal Shield members. The types of practices that the attorneys operate varies. However, members will be able to find attorneys who specialize in the most popular types of practices such as divorce, family law, incorporation, etc. The benefits of people becoming members of this company is that they receive deep discounts on their legal services.
As a matter of fact, members will receive certain services for free. For example, members will be able to receive at least one free phone consultation. They will be able to receive at least one free face to face consultation with the attorney. And, they will be able to receive services such as a free document review. These services might seem trite, but attorneys can charge hundreds of dollars per hour for the same services.
Attorneys who affiliate themselves with this company feel that its worth it to dispense their services at a discount because the sheer number of members who subscribe to this program will make up for any high fees lost on a client. In short, when an attorney affiliates themselves with this program, they will have access to thousands of possible clients who would have never been available before by common advertising means.
Is Legal shield A Good Opportunity Or A Waste Of Time
With regards to whether or not This is a good opportunity, there are pros and cons to consider. On the one hand, legal services is a product that is needed by everyone at one point or another. A person doesn’t have to have something going wrong in their lives to hire an attorney. For example, a person might want to start a business, and they’ll need a lawyer to incorporate themselves. Or, a person might need to draft or update a will. A lawyer will take care of this as well. Then again, with an over 50 percent divorce rate in this country, divorce attorneys will never be out of fashion.
Why Did Prepaid Legal Services Change Their Name To Legal Shield?
The fact is that legal services is a solid product to promote to consumers to sell. It’s for this reason that Legal Shield is a great business opportunity for those who would like to start their own business. On the other hand, there are slight cons. For one thing, when Legal Shield was known previously as Prepaid Legal, there were lots of SEC complaints and investigations. The company changed its name in order to lose the negative reputation that went with the brand. In addition to this, the company transitioned from a public-owned company to a privately owned company. This was done to eliminate the financial transparency that was available before.
So, is it worth it to join as a network marketer? The product is solid. If the marketer doesn’t have issues with marketing this product or with recruiting sales staff for a product with a troubled past, then this opportunity is probably worth it.
The best thing you can do to guarantee your success is to learn the necessary skills on how to market and get leads.
Forget Chasing Friends and Family to build your Legal Shield business… Learn the proven online marketing strategies guaranteed to help you recruit more reps and boost your Legal Shield commissions.
Robin Marks
Skype: robinkmarks
Email: robin[at]premiumcontentmarketer.com
PS: If Your Upline Does Not Have a Step-By-Step Blueprint For Success, Check This Out (Unless You Already Have Too Many Leads) – Click Here For Instant Access
{ 19 comments… read them below or add one }
Great Review Robin.. I didn’t know they changed their name to Legal Shield
Sherman Smith recently posted..What Are You Focused On?
Thanks Sherman! Yes Prepaid Legal Services they changed their name to Legal Shield.
Robin Marks recently posted..MLM Prospecting Tips For Zero Resistance Recruiting
I happen to be a member and can’t figure out how I made do without it. I am in the apartment complex business. It really helps when dealing with tenants and knowing what your legal exposure is to them. Case in point ; One of my units caught fire and I, being nice was going to put them up in a vacant unit I had. That is until I found out they were the cause of the fire. Then it became, Am I legally obligated to do this when they have already caused destruction of one unit , why would I put them in another one. Legal Shield helped me with this. Its safe to say that as long as I have a small business I will be a member
Awesome Gernard, Im not a Legal Shield rep but I do own the membership. Thanks for your input my friend.
Robin Marks recently posted..Learn How To Successfully Market Your MLM Business Online
Robin,
Great write up. Here are a few points from the inside. Prepaid Legal was bought out by an NY based equity firm for 650 million. Which allowed it to be privately owned. This allows the company ti do more risky business moves that the board wouldn’t allow in order to protect share holders. The name change was for marketing purposes. Yes we now have a marketing division in which wasn’t done for the first ~40 years. Also, as noted on the better business bureau website any complaint that was filed and brought to the company’s attention was resolved which has allowed the company to keep a A+ rating.
Keep up the great work man. I appreciate your insights and look forward to the future.
Thanks Shawn, Keep rocking bro!
Robin Marks recently posted..How To Use Social Network Marketing For Home Business
Robin,
Great article! I am defiantly going to take a look at your other articles as well. I am a legal shield member and also just became an Associate almost 2 months ago. I decided to become part of the business after my Mom used the membership with great success in getting her rent deposit back and also I used it to help me with a tax problem from 2009. I was very skeptical before becoming part of the business for the fact i have done mlm businesses in the past with little to no success. long story short I have made a little over 1k in less than 2 months. Not life changing money by any means, but for the little time i have put in it has been well worth my while. I am looking forward to growing my Legal Shield business in 2012!
Zak Ols
Zakols.com
Awesome Zak! Sounds like having the membership has come in handy for you. Thanks for stopping by.
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Great, work Robin. I am a member and a associate. I have used the membership several times now and have been an associate several months. I had made few thousands that helped by christams gifts for my kids. I would like to know more about your internet work. Please post more. Thanks.
Alex glad to here the membership and and being an associate has worked out for you my friend. If you want to get more information about how I market online just fill out the form on the side of this page and it will take you to a short video I made. Talk soon!
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Kalin: Prepaid Legal is an onuatsnditg business. If you need any more information on memberships or to be an associate let me know. My Prepaid legal email address is: prepaidlegal.com/hub/darth. You can send me an email and I can get you more info. The buisness is listed with the New York Stock exchange. it is a great way to earn extra income on a part time basis.
I find it interesting that all of the follow-up comments to this article sound eerily the same. Hmm.
Hey Anifer I’m not a Legal Shield rep but if I was, heres my best advice to you (someone who is skeptical and probably always looking for the negative in things) … Don’t Join! Save your money, It probably won’t workout for YOU.
Heres my #… 1-619-632-7947… as im sure you won’t call it but if for some strange reason you did I’d be happy to explain further as to why YOU wouldn’t make it in Legal Shield or any other Network Marketing Opportunity YOU decided to pursue.
BTW, It has nothing to do with the opportunity but everything to do with YOU.
Hopefully you found the answers you were looking for.
Robin
I really like your response, I am a member and a Associate of LegalShield. I love the services provided and what the company stand for. I have used the services and have been satisfied with the results, especially since they saved me over $25,000 the first time using the service.
been a member an executive level associate for over 10 years-
yes it helps– for some info and a letter-
once the receiving end Google the law firms name
it goes into the trash— for a very simple reason–
ready???
because over 90% of the people who buy the plan and try to use it
will get the letter– and then have no money to take it further at 300.00 dollars an hour— the broke are the primary buyers of the plan.
most times you can get the same advice- for $0 from the local attorney–and usually much better advice.
it my experience with the law firms this company uses– you will spend more time trying to get the law firms to do their jobs than you will meeting new customers…try spending over a week of your time trying to keep one member happy.
Most associates are so brainwashed- they cant see the product in other way than they are told to see it—most people today do not think about what is really being said.
i can go on– its ok for a quick question for the $17 a month– but call another attorney– who hasn’t been paid– and is hungry– who works when they have all ready been pre-paid…. ever prepay a contractor? its rare they will ever show up again– no different here— the attorneys just refer you to title V – a 25% discount on the $350hr rate.
the company wins in court– why??? because they have the best attorneys representing them, not you…. and that makes the most sense
I hope you aren’t still an Associate. You obviously have no belief in what we are doing. I have used my benefit 29+ times and I’m not poor. They have saved me thousands of dollars, stress and time. The feedback I get 80-90% of the time from clients is thankfulness, we have this service available. I have hundreds of clients on my books and continuously growing. If you OVER-promise, rather than under-promise and over deliver, then that makes all the difference. I haven’t had to use title 5 once, but if I did, I’d rather get a discount than, than full price.
Joe I don’t believe you are a 10 year Executive Director or Top earner in any company… Just for the simple fact you took the time to point out some perceived negatives about a company you supposedly believe in.
Robin Marks recently posted..True Story: Blowing $1600, 900 Real-Time MLM Leads, And A New Approach To MLM Prospecting
DON’T USE THEM
If they give you horrible legal advice that gets you even further into a mess (on top of being a victim of something you called them for), they will (1) disclaim it, (2) say they can give you more [horrible] advice, (3) say you can go to the bar if you have any problems.
They will do bad things and make NO reparations….unless by reparations you mean go down a chain of people (just like any of the other Horrible companies out there) that will say the same double-speak.
I had never heard of Legal Shield until recently. I went to a meeting with a friend and was really intriqued. I am a terrible sales person and being very new to the area I reside in, I have limited connections.
I love the idea of earning extra money especially since I am a single mom with college for my oldest and I myself am soon going to be paying off my graduate level degree………….
I meet with Bobby Diggs from the New England area. Many assosicates got up and spoke at the meeting as well about their sucess including a single mom and a janitor who all shared their profits.
These were actual people right here in my area who turned thier financial lives around.
So my question is this, is it really as easy as I pay my 150 and that is it?
I cannot do seminars or public speaking- very introverted.
Any advice?
I am thinking of paying my fee next week.