Prepaid legal MLM: is it a good opportunity? An objective overview of prepaid legal services

The company

Pre-Paid Legal is an MLM company that was founded in the summer of 1972, Harland Stonecipher started the predecessor of Pre-Paid Legal, which was called “The Sportsman’s Motor Club”, offering his clients expense reimbursement services such as a motor service club.

In doing my research for this overview of Pre-Paid Legal, I discovered that the company, as we know it today, Pre-Paid Legal Services began selling plans through network marketing in 1983. Pre-Paid Legal went public listed on the NASDAQ National Market System in early 1983 and two years later moved to the United States Stock Exchange.

In today’s highly litigious society, people get as much justice as they can afford. That is a fact of life that every adult should be aware of. A survey reveals that only the top 10% of income earners can afford to have a lawyer on a retainer basis. Thus, for the vast majority of the population, a simple statement like “I’m going to talk to my lawyer about this” is an expensive luxury.

Although many people find themselves in situations that require legal advice, most do not seek the advice or help of a qualified attorney. For some it is the cost. For others, the process seems intimidating. There are also those who do not know where to start. These are the people who might be interested in this service.

Prepaid Legal MLM Opportunity:

If you are considering becoming a prepaid legal MLM distributor, you might be interested in this information. Here’s a quick overview of the legal Pre-Paid compensation plan.

With the Pre-Paid Legal compensation structure, you will be paid from $50 to $182.50 for every $26 of membership you sell.

At the Senior Associate level, this means that if you market just 5 memberships per week, you will be paid around $500 per week. If you decide to become a prepaid MLM distributor, you will need to pay an initial cost for your training kit and then you can present the opportunity and product to others. From what I understand, the sales techniques used by most distributors are more in line with old school MLM marketing plans.

For example, product house parties, flyers, word of mouth, writing family and friends lists. There are most likely weekly meetups in your city that you would like to attend to learn more about your product and legal prepaid opportunity.

My personal thoughts:

Living in the modern world as we all do, you will most likely sooner or later experience a minor or

serious violations of their rights. Treating these problems only as emergencies is an approach that most adults wisely avoid in their lives. A law firm that has handled your report before is similar to a doctor who knows your medical history.

They may not always accurately predict what you’ll find next time, but they will most likely provide courteous and professional service. That is surely one reason why this could be an MLM business opportunity for you to check out.