Legal Shield (www.MyLegalShield.com) is new name of PrePaid Legal, which is an innovative type of legal insurance company. The concept behind Legal Shield was formulated when the founder had a terrible car accident in 1969.
He realized he had car insurance and medical insurance, but no form of insurance to cover the large legal bills he incurred as a result of the accident. In response to this incident, he created a legal services company that acts similar to any other insurance.
Members pay monthly fees for a package that has a variety of coverage, and if something should happen while they are covered, they will not only have representation but many fees will be prepaid, hence PrePaid Legal.
What Kind of Coverage Is Offered?
The most popular plan offered by Legal Shield is the family plan, which costs $26 a month and provides coverage for problems that occur with motor vehicles, possible trial defense, and IRS audit assistance.
This package also includes preventative legal assistance, which covers things like creating a will and updating it yearly, as well as a 25% discount on legal areas not covered in the other included areas.
Legal Shield also offers packages that handle identity theft, which is one of the fastest growing areas where average citizens require representation.
Legal Shield as a Business Opportunity
Much like car insurance, Legal Shield is sold by independent representatives with a network marketing compensation plan. To become a Legal Shield independent representative costs a one time fee of $249.
Commissions are paid in yearly advances to their associates, and associates have the ability to build residual income if they are able to retain clients who maintain memberships longer than one year.
But while there is excellent opportunity for independent earning with Legal Shield, being an independent representative for any company is hard work.
Legal Shield does its best to give their representatives leads on new customers who have shown interest in their services, but it is still the responsibility of the associate to find and sign up new members and to ensure that they are satisfied enough with their service that they remain active clients.
You expect an attorney to know how a pyramid scheme is defined, but this "attorney" does not.
Re. Legal Shield, not everyone is happy with the service. If you go to Wal-Mart and watch the "return desk" for a while, you'll find that everyone is not happy with those products either.
But, having owned a Legal Shield membership for 14 years, I have saved so much more than I have spent via ongoing access to the legal system that cancelling the service is not an option.
Avery, I hope for your sake that you are credible with your own clients. If your legal advice to them is on par with your comments here, you have to be experiencing EPIC FAIL.
My wife and I were leaving a cruise ship a few years ago from the port of Miami when we hailed a taxi. Normally we use the shuttle from the port. But this time the starter was forgoing this wheelchair bound passenger. To make a long story short when we reached Miami Airport my wife noticed we were missing a bag. The Driver said he would take her back to the port to retrieve the bag. When they returned with no bag wanted to double the $35.00 normal fare and tip. After our discussion on the fare due to him leaving the bag. He called the policeman over trying to intimidate this Bilateral Amputee with the threat that I'll be charged WITH THEFT OF SERVICES. At this point I called my (800) Legal Sheild PPL # Spoke with the attorney I passed it to the policeman.Less than 2 minutes My wife and I were on our way. after paying our original fare & tip. By the time we reached Dallas Tx our bag was waiting for us in baggage claim lost & found. GOOD BAGGAGE TAGS ARE A BLESSING PLUS PPL
As far as a Will goes. Wills are useless if ever contested in a court of law. A good lawyer will tell you that you need a living trust.
Let me say - I am a lawyer, actually, I have two law degrees. The "services" Legal Shield are offering you are nothing short of a complete scam.
I'm sorry, but what do you think the "lawyer" on the phone did for you? He's not acting as your lawyer - that is 100% - because there is no attorney/client relationship created over the phone, and so he was not representing you. You didn't need to call a lawyer at all. You needed to contact the police, and explain the situation. It almost certainly would have turned out the EXACT SAME WAY (you not having to pay the double fare). Why did you think you needed a lawyer? Did you think the taxi-driver was going to take you to court??? This whole thing is just beyond ridiculous. This service exists to take advantage of people without the legal education and knowledge to know better.
I advise everyone in the STRONGEST POSSIBLE WAY to stay away from this scam.