Are you looking for a straight forward up to date Legal Shield reviews? Tired of those legal shield reviews where you never really get too much information?
Let’s take a closer look at Legal Shield and decide whether or not it is a good investment.
… this will help you to make an informative decision about joining.
There are a number of reason we may need legal counsel a some point in our lives. Lawyers contest criminal charges, prepare wills, and identity theft.. However, these services often not plan and can cost a lot of money . LegalShield offers the opportunity to prepay for legal advice at reduced rates.
Is this pre-paid service really worth your while?
LegalShield Reviews – The MLM Company
The original idea for this company came in 1969, when Harland Stonecipher was hospitalized after a car accident.
The company was called Sportman’s Motor club in 1972, then Pre-Paid Legal Services in 1984, finally Legal Shield in 2011 after being bought out by MidOcean Partners.
LegalShield.com is network marketing company that offers direct prepaid legal services for people and business entities. Employing over 800 people with a total revenue of $416 million in 2011, Legal shield continues to grow each year.
Let’s take a closer look at their products…
LegalShield Reviews -What Products Does LegalShield Offer?
Legalshield provides prepaid legal services for independent attorneys across the United States and Canada. Here is a list of some the legal services offered as a part of their product line:
- identity theft monitoring
- reputation protection services
- attorney consultations
- document preparation
- general trial defense
- with will preparation
- traffic defense
- criminal defense
- and more.
The products take the form of Legal Plans that fall into three primary categories. Because the pricing of Legal Plans vary by state I will give you the pricing for New York and New Jersey for each plan so you can get a better idea of the cost.
Legalshield Personal Legal Plan
New York Legal Shield Personal Legal Plans:
New York Compressive plan ($24.99)
Standard Family Plan ($15.99)
New Jersey Legal Shield Personal Legal Plans:
Legal Shield Family (19.95/month)
Legal Shield Individual (17.97/month)
LegalShield Business Plan
New York Legal Shield Business Plans
Small Biz 10 (10 or fewer Employees) $39.00 /month
Small Biz 50 (50 or fewer Employees) $79.00 /month
Small Biz 100 (100 or fewer Employees) $139.00 /month
New Jersey Legal Shield Business Plans
Small Biz 10 (10 or fewer Employees) $39.00 /month
Small Biz 50 (50 or fewer Employees) $89.00 /month
Small Biz 100 (100 or fewer Employees) $149.00 /month
LegalShield Commercial Drivers Legal Plan
New Jersey and New York Commercial Drivers Legal Plan $32.95 /month
Now let’s take a look at the business opportunity…
LegalShield Compensation Plan
LegalShield Associates can earn income in four different ways:
- Associates earn a sales commission on all memberships that they sell. For example, a $18.95/month Standard Plan is sold, you will receive a 20% commission rate of $2.97 per month. The more you sell and the higher you move up in the compensation plan the more you can get paid on personal sales.
- You can earn from the sales produced by the people on your team. As an associate you will be able to sponsor other members. At the Senior Associate level, you earn income when your personally enrolled associates and downline make sales.
- Renewals. You get paid when a membership is renewed beyond the original one year membership period.
- Bonuses. Associates can earn bonuses when they reach a certain number of membership sales.
I also left a video below for informational purposes:
LegalShield Review – Can You Really Make Money With LegalShield?
Building a successful LegalShield business takes hard work and time. It is not a pathway to quick riches. Most Associates sell LegalShield plans as a way to make part-time income. For Associates with 0-2 years of experience who made at least one sale, average annual earnings was $878 for 2015. Approximately 83% of all Associates across experience years made less than $1,000 in 2015.
At the end of the day your will have to recruit a massive number of people to build a profitable Legalshield business.
If you are serious about earning a full-time income online then I suggest your check out my #1 recommendation.
How to Become a LegalShield Associate?
To become a Legal Shield Associate it is likely that you will have to complete a contact form on the legalshield website. According to their 2015 income disclosure, The current cost of becoming an Associate is $249 plus any applicable state licensing fees. Associate sign-up fees will only be refunded if the Associate terminates their agreement within 30 days of the effective date.
How To Generate More Leads Sales and Reps To Maximize the LegalShield Compensation Plan?
Legal Shield Reviews – Member Benefits
Members gain access to to apps that can be accessed through both Android and apple devices. This mobile app offered members 24/7 assistance during covered emergencies. You can actually send snapshots of your speeding ticket to your lawyer through this app.
Members also receive a 25% discount on the standard hourly rate for generalist and specialist lawyers
The company has had some of its own legal problems over the years. In 2009, the FTC sent the company a letter with allegations of possible product and service misrepresentation.
Some former members report having issues with customer service during the cancellation process. The company does however have a 30 day money back guarantee on products and services.
According to the company's own income disclosure statement, about 83% of all associates made less than $1,000 annually in 2015. The upper yearly average payouts were only about $13,000.. So if you are looking to make a substantial income online I suggest you click here.
Some people complain about the expensive startup cost to actually sign up as an associate. You will need $249 to get the associate starting kit.
So is the LegalShield Scam True?
LegalShield is a legitimate network company with an A+ rating along with full accreditation with the Better Business Bureau. Sales associates can earn income from their personal sales as well as the sales from those on their team. However, it does not seem as though the majority of associates are making a substantial yearly income.
The best thing to do if you are looking to work from home is to create multiple streams of income. Legal Shield may very well become one of these streams for you, but it is unlikely that it will generate a full time income. If you are serious about gaining more passive income check out my 1# recommendation.
I hope that after reading this legalshield review that you have a better idea about the products and services offered by this company. If you are a member of LegalShield feel free to share your experiences with the company below.
Legal Shield Reviews – Conclusion
One of most challenging aspects people have is sponsoring people into the business.
It’s not your fault. There are definitely a set of skills involved in being able to sponsor and attract a massive number of people into your business.
To build a profitable business like the leaders it is important to learn how to correctly leverage the power of the internet.
Let’s face it most of us have burnt out our warm market and simply run out of people to talk to. The truth is that it pays to have the knowhow to attract massive numbers of people who actually reach out to you.
This is a big change from cold calling, blitzing at the mall, and hunting down family and friends. Don’t get me wrong, I am not completely knocking these techniques as they are effective in terms of networking. However, these techniques will not teach you a thing about marketing. In an industry where it is important to reach massive numbers of people it is not an option to ignore the marketing side of your business.
Learn how to sponsor leverage the power of the internet to flood more traffic, leads, and sales into your business. This will give you the skills to produce a profitable business over and over again, creating multiple streams of income.
LegalShield may just become one of these streams for you. If you are serious about building an online business and earning income from home then I suggest you check out my Simple Top Earner Secret.
I have been able to hit the leaderboards for both leads and affiliate commissions.
The strategy and steps are simple. However, it will take hard work. Are you up to the challenge of creating a full-time online income from multiple sources?
After reading this review I hope you have a better understanding of the products and services offered by LegalShild.
If you have any thoughts or experiences with LegalShield, feel free to leave them in the comments below.
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