Questioning the LegalShield scam issue
Legalshield has faced the scam largely for its multi-level marketing business model, but any review of Legal Shield should note that its popularity negates the cry, although some may find the system less than appealing. The service providing prepaid legal plans to over 4 million people demonstrates a strong network penetration.
LegalShield provides legal advice and handles legal matters through its network of nearly 7,000 independent attorneys in the United States and Canada.
Unfortunately, since this is a multi-level marketing setup, it has also attracted bad reviews and claims that the network is a scam. Harsh, and also wrong.
Also known as Pre-Paid Legal, LegalShield provides a business opportunity for Legalshield attorneys who market its services and provides a legal assistance agreement involving the payment of a monthly fee to avoid those nasty hourly attorney bills. The concept is to provide affordable legal services.
But its unwanted attention via its payment and business structure has created unfortunate repercussions for the company.
The popularity of the low legal fee system
LegalShield has over 4 million members, so there’s no denying that its legal protection plan has provided both peace of mind for its members, as well as high revenue opportunities for its lawyers and cost savings for clients.
For small business owners, for example, the range of legal issues that arise can be daunting and obtaining legal help expensive.
With lawyers charging between $100 and $1,000 an hour, getting good legal advice can obviously be expensive. There are certainly some options available to those seeking legal help, such as the local small business association, which often offers members the opportunity to access questions about starting a small business like wold a better business bureau .
Likewise, the local Chamber of Commerce can be helpful when seeking legal representation or legal aid (although membership is required).
Other government agencies, including the Federal Trade Commission and the IRS can help you. Similarly, there are also online law libraries that can help provide legal assistance and resources.
There are a range of legal ‘communities’ which can also offer legal help in the form of questions and answers for various legal issues, document reviews. These include organizations like the following –
For some, however, a better alternative is offering prepaid legal services such as those provided by LegalZoom and LegalShield.
The concept of cheap legal services isn’t new, but LegalShield has taken it to another level with their marketing and range of services, which include everything from identity theft (a major selling point for them) legal defense, immigration, consumer and credit. problems, real estate, divorce, driving offenses, car accident and more.
LegalShield has an updated mobile app that provides highly visible access to its services and allows users to connect with the right attorney to handle their legal issue and any other legal matters.
The legalshield app is a well-designed tool that helps break down access to justice for those seeking urgent legal assistance.
In addition, the range of legal assistance provided by provider lawyers is large and growing. From identity thieves to gender identification and bullying issues, legal assistance certainly covers a range of topical “issues” that Legalshield lawyers provide to members.
However, users should be aware of LegalShield’s limitations with the various plans available.
There are limits to the amount of time your lawyer will devote to your efforts, which requires careful consideration of the “agreement”. For example, a general telephone consultation, the lawyer will spend up to one hour of legal work, but after that you will revert to “legal rates” less a 25% discount.
A document review is limited to 15 pages with up to six documents in one-month periods, beyond which standard rates apply less the legalshield discount.
LegalShield’s costs are broken down into different options that include a personal or family plan at $424.95 per month, a small business plan ($39 per month and up), a business plan ($12.95 per month), and a identity theft plan along with the business plan. to plan.
The cost of a LegalShield membership is divided into four options, personal/family plans start at $24.95 per month, small business plan starts at $39.00 per month, commercial driver plan starts at 12 $.95 per month and the Identity Theft Plan at $12.95 per month.
Personal/Family Plans – LegalShield offers unlimited legal advice, defense services, coverage for your family, and 24/7 emergency assistance for $24.95 per month.
LegalShield’s business model – This is where the problems lie
Because LegalShield is set up as a multi-level marketing company, it creates high revenue opportunities for lawyers, but it has also served to scare many away from using the system.
The problem with the MLM offering is that the lawyers are selling the LegalShield brand themselves with friends signing up to create the money pyramid model.
But multilevel marketing is not the same as a “fraudulent” call. This may have certain, often legitimate, connotations, but an organization the size of LegalShield and focused on providing customer service denies any suggestion that it is based solely on a lucrative business model designed to enrich service providers, rather than supporting legal clients.
LegalShield vs. LegalZoom
LegalShield is similar to LegalZoom, although the latter doesn’t have a monthly subscription that would lock you in. LegalZoom also offers pricing benefits to small businesses that want more flexibility in managing their work.
LegalShield Commercial Offers
LegalShield offers additional savings on various services. For example, it recently announced a deal with small business marketplace Newity to provide access to SBA loans and service providers. Newity’s 115,000 small business owners also have access to LegalShield lawyers.
Besides that, there are other benefits, but the key factor should be to focus on the actual legal services you are looking for.
Consumer reviews are moderate for the service. For example, Consumer Reviews (a non-governmental organization) only gives one and a half stars on its reviews, but others have given complimentary reviews for the service.
Downside problems to LegalShield
One of the common issues that seems to arise with LegalShield’s service, aside from the multi-level marketing issue, is that it can be difficult to suspend or contact the company when it comes to removing the monthly subscription.
There is no free trial, nor a test period to see if the selected plan is suitable. It can also be difficult to determine whether legal services will be available when needed.
For those looking for regular legal consultation, joining Legal Shield can be a very good option. However, the caveat would be that if you are dealing with a specific legal service requirement, it is often best to undertake your own search for a specialist lawyer who can handle the work, even at a reduced rate for regular work, thus guaranteeing both expertise and cost-benefit.
Often, getting the cheapest attorney service when dealing with legal issues, for personal legal services or for business owners, can create issues that you may not want to deal with. There remains the “get what you pay for” element in services like this.
So, are prepaid legal services worth it?
Questions about whether LegalShield is a scam are easy to answer. Its multi-level marketing creates the ogre of the pyramid scheme, but LegalShield is much more than just a marketing scheme. The real question is whether prepaid legal services are worth the investment. This is a more difficult question to answer.
Simply put, the “insurance” of having a prepaid legal plan is one that may not save you a lot of money. Many are offered by credit unions, unions, credit card company schemes, etc., except people like LegalShield. By shopping around, you could end up paying as much or even less than if you were using a prepaid system. The best idea for those using these services is to do some legal work yourself and think seriously about the services you will need.
Most plans, like LegalZoom or LegalShield, will provide specific areas of law for their services to cover and you should know how often you will need them and identify exactly what your legal needs are.
Similarly, if you are preparing a will or declaring bankruptcy, you will (hopefully) not repeat the exercise often. It may be less expensive to get a quote from a local lawyer or local legal service provider who can help you for less or even for free.