LegalShield Review: Legal Service Company

What is LegalShield Company?

Harland Stonecipher met a car accident and he was unable to find legal service at that moment. Hence in 1972, he started ‘The Sportsman’s Motor Club’ with the concept of ‘Legal expense reimbursement services’.

Foundation of LegalShield

In 2011, LegalShield has become a private company when it was acquired by MidOcean Partners and they changed its name to LegalShield. Jeff Bell is the current CEO of LegalShield.

LegalShield Joining Fees

– Individual & Family Plan: $29.95 per month – Small Business: $49 & up per month – Starting a Business: $145 + state filling fee

LegalShield Products

– Personal Legal Advice – Contracts and documents reviewed – IRS audit assistance – Civil Trial Defense – Family services (divorce, adoption, seperation, name change)

LegalShield Compensation Plan

1. Personal Sales Commission 2. Overrides Commission 3. Mama Bonus 4. Breakways Bonus 5. Platinum Breakaway Override 6. Renewal Commission

Is LegalShield a Scam?

No, LegalShield is not a scam as per its business model. LegalShield is selling legal services using the direct selling concept.

Prepaid Legal to LegalShield  

In September 2011, LegalShield rebranded from Prepaid Legal. Compared to 2009, in 2010 decrement of 25.6% in new associate enrollment and 11.5% in new membership sales, was considered the main reason behind it.