Legal Shield – Top 15 Facts

legal shieldThe costs of legal services can be outrageous. But there are times when an attorney is required. It is never wise to try and be your own lawyer. There just isn’t enough YouTube videos or online education to help you weave through the maze of the legal system.

Legal Shield was founded on the idea of providing people with law representatives at an affordable price. According to the Legal Shield website:

Finally, you can live life knowing you have a lawyer in your back pocket who, at the same time, isn’t emptying it.”

But, is Legal Shield true? Is this company on the up and up or a scam?

You will have to answer that question yourself. But I am going to help you by giving you these top 15 facts about Legal Shield.

#1: Founded In 1972

Back in 1969, Harland Stonecipher was in an auto accident that was not his fault. But the other party decided to sue him anyway. The costs involved in hiring an attorney put him in bad shape financially. Even though he won the case, he lost because of the legal costs.

Harland began researching and using the insurance approach, he came up with an idea that people could pay monthly to have legal coverage.

So Harland founded the company in 1972.

#2: 3 Names

When founded, the name of the company was Sportsman’s Motor Club. In 1976, the name was changed to Pre-Paid Legal Services, Inc. In 2011, the company was re-branded to its current name, Legal Shield.

#3: 2 Plans

Legal Shield has 2 plans available:

  1. Personal Plan – Starts at $24.95 per month
  2. Small Business Plan – Starts at $39 per month

#4: Regulated

Legal Shield is regulated by the Federal Trade Commission (FTC) and is also answerable to some State Insurance regulators.

#5: Public And Back To Private

As Pre-Paid Legal, the company went public and was listed on the stock exchange. MidOcean Partners acquired the company and made it private plus changed the name to Legal Shield.

#6: Wills

One of the primary services many people take advantage of is the ability to have wills made for each member of your family.

#7: Headquarters

Legal Shield is headquartered in Ada, Oklahoma.

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#8: Only United States And Canada

Legal Shield only operates in the United States and Canada. Some services have regulations in States so representatives need to know the rules of each location.

#9: Primary Legal Services Provided

Certain legal measures will carry extra costs depending on circumstances. But Legal Shield does cover:

  • Unlimited questions about legal issues.
  • Speeding tickets are handled by provider law firms.
  • Preparation of wills for members and their spouse.
  • Free legal forms.
  • Emergency legal advice 24/7.

#10: Identity Theft

It is one of the biggest criminal problems in this era… Identity Theft.

As part of their services, Legal Shield partnered with Kroll, Inc. to provide identity theft monitoring and restoration.

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#11: Lawyers Average 20 Years Experience

When you average out all the attorneys that work with Legal Shield provider law firms, they average 20 years of law experience.

#12: 34,000 Companies

For many companies, Legal Shield is offered to employees as part of their benefits. Last count was around 34,000 companies.

#13: For Legalities Not Covered

If you have a legal issue that is not covered by the Legal Shield plan, your provider law firm will help at charges that are approximately 25% lower than normal hourly rates.

#14: Company Leadership

Legal Shield is led by some highly competent leaders. They include:

Jeff Bell – Chief Executive Officer

James Rosseau – Chief Commercial Officer

Darnell Self – Executive Vice President of Network & Business Development

Kathy Pinson – Chief Operating Officer

Steve Williamson – Chief Financial Officer

Jack Goldenberg – Chief Technology Officer & Executive Vice President

Glenn Peterson – President of LegalShield Business Solutions

John Long – President Network Marketing & Sales

Dave Coffey – Sr. Vice President, Chief Digital Officer

Keri Norris – Sr. Vice President of Regulatory Compliance & Chief Legal Officer

#15: Reviews

There has been people who love Legal Shield and also some who detest the company.

I am going to share 1 of each…

I have been a LegalShield member since November 2016 and have used the service several times. And, I had a local store take my order and then not deliver the goods I purchased. LegalShield took care of it. My son is going off to college, and I had LegalShield do a medical power of attorney at no additional costs. Also, I had a neighbor conflict where they wrote a letter for me and took care of the issue. Very prompt, very responsive.”

I canceled my service today because they refused service. The fine print “We can refuse service if we feel your case doesn’t have a defense.” I was speeding out of state, and the attorney said there wasn’t a defense. WHAT! This means that they can refuse service for anything, and they won’t actually be there when you need them. I suspect this is about money – my law firm would have had to come out of pocket to pay for an out of state lawyer and they didn’t want to do that. So if you’re ever in serious trouble, don’t rely on Legal Shield, they do whatever it takes to save the money, including not taking your case.”

Final Thoughts

I would love to hear from any of you who have used Legal Shield.

If you have comments or questions, you can post them below.

I just wanted to add that Legal Shield does have a BBB rating of A+. This company is not a scam as they would not have been in business as long as they have.

Please give us your thoughts below.

Thank you.

Disclaimer: Neither Online MLM Community nor I are affiliated with these Legal Shield. This information is provided as a service for your education.

References

  1. Legal Shield Company Website
  2. https://en.wikipedia.org/wiki/LegalShield
  3. https://online.legalshield.com/sites/default/files/Know%20the%20Facts%200217.pdf
  4. https://www.legalshield.com/sites/default/files/LS_CompanyFactSheet_122217.pdf
  5. http://legalshieldfacts.tumblr.com/
  6. https://www.highya.com/legalshield-reviews
  7. https://learntogrowwealthonline.com/is-legal-shield-a-scam-legal-shield-review/
  8. https://scamxposer.com/business-review/legal-shield/

About The Author

Greg Boudonck is a full-time freelance writer and book author. You have probably read many of his articles either ghostwritten or in his name. You can find his books on Amazon, Barnes & Noble and more. Be sure and visit Greg’s website which is LancerLife.com.

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