Did you know that you can have unlimited access to over 50 independent local law firms for almost any legal matter?
With prepaid legal services, your family or small business can contact a local law firm to discuss the legal aspects of your business. You can talk to attorneys about reviewing legal documents, auto and home mortgages, insurance claims, and much more. If you subscribe to Prepaid Legal Services, you can get legal help over the phone for an affordable monthly subscription.
Prepaid legal services then and now
Pre-paid Legal Services was founded on August 8, 1972 by Harland C. Stonecipher based in Ada, Oklahoma. After more than three decades, the company now has more than 1.5 million active subscribers in the United States and Canada; providing specialized legal services. The company is publicly traded on the New York Stock Exchange, so there is no doubt in my opinion that they are serious and there is no prepaid legal scam.
The company uses multi-level marketing to promote its products and services, which can be purchased individually or used by small business owners through payroll deduction.
Legal prepaid scam or just bitter dealers?
As with any other business, prepaid legal services have also had their share of bad publicity. If you search for the company online, you will find many claims and reviews claiming that there is a prepaid legal scam and that allegedly many people were scammed out of their hard earned money. The fact is that the multilevel marketing company gives advance commissions to its distributors on the assumption that the clients will maintain their membership for at least one year. However, some customers decide to stop the service after only a few months. Naturally, the commissions will have to be paid back to the company. I think that’s where the confusion comes from.
The distributors who had to return some commissions to the company are the ones who allege that they have been scammed by Prepago Legal when they are the only ones responsible for not setting up the business properly…
Are prepaid legal services currently a good MLM business?
Doing research for this prepaid legal review, I found some staggering numbers (don’t quote me though). As of 2009, the company’s overall profit decreased by 85% and the number of existing distributors decreased by 17.8%. If you look at the trends in the multi-level marketing industry, their numbers usually go up in times of financial crisis as more people look for other sources of income. Bearing this in mind, the declining figures for legal prepaid may be discouraging. With that said, it is important to note that the service they provide is different from other multi-level marketing companies.
If you think about it, it’s like any other industry with ups and downs, but that doesn’t mean there’s a prepaid legal scam. And there is no doubt that Pre-paid Legal Services is a legitimate multi-level marketing company that provides an invaluable service to those in need. This is especially true since hiring an attorney for a tax audit or to remedy an insurance claim is very expensive.
You need to understand that your success depends on how hard you work to establish your network and grow your business. Unless you invest time and effort, you won’t see any return on your investment. You need to broaden your reach and take advantage of all the opportunities available to you.
Going Beyond a Prepaid Legal Review: How Do You Succeed With Prepaid Legal Review?
If you are seriously considering joining Prepaid Legal and building a successful business, then you should sponsor and train as many distributors as you can so your team can generate more commissions and quickly double. Understanding sales and marketing are the basic requirements.
Do you have a plan for that? Where can you find all these new distributors? Can you only trust your warm market? If you are unsure about all these questions and clearly understand that you will run out of friends and family pretty quickly, then you must learn the game.
The answer is quite simple. Your goal is to find hundreds and hundreds of people and direct them to your system, to your business presentation. This is simple but not easy! Chances are the best way to do this is to use an attraction marketing system that teaches you how to do it and allows you to funnel all your traffic to capture pages and training. If your system and marketing funnel are set up correctly, it’s possible to generate dozens of leads, day in and day out, 24/7/365 and generate initial cash flow for your business while building your team.