Pre-Paid Legal – A Review Of The Business Opportunity

PrePaid Legal Services

We can never predict when we’ll need legal help. There have been so many times when we’ve been cheated by cons and needed the advice of lawyers. But most people don’t really approach a lawyer for help unless it’s absolutely necessary because of the high costs and hassles involved. Prepaid legal services Inc. is a venture started to help people get expert legal services as and when they are required for a low monthly fee.

History

The foundation for PrePaid legal Inc was laid in 1969 when Harland C.Stonecipher got into a vehicle accident that left him in a legal tangle with lots of bills to pay. He started a scheme to offer legal assistance for a small monthly fee. In 1983, PrePaid legal was established as an MLM company to sell its plans through associates. Soon the business expanded to reach fifty states in the US and Canada. However it also had its share of lawsuits from dissatisfied customers as well as representatives.

The Pre Paid Legal Service

If you are a member with Prepaid Legal Services Inc, you could use legal services of expert attorneys for documentations and research work, wills, assistance in traffic violation issues, insurance claims, general minor attorney services and legal help in auto theft cases. Divorce, bankruptcy and criminal charges are not included in the services provided; but as a member, you could get a discount of up to 25% for such cases. The Firm also offers an identity theft monitoring and restoration service.

The PrePaid Legal Services Associate Program

The fee for joining the business opportunity is $49. Earn between $69 and $250 for each order you bring in. Good performers also get perquisites when they achieve targets. Associates get paid as soon as their referral’s membership form is logged in, so you wouldn’t have to wait for your commissions. Associates are backed by good support from the company and offered training in promoting the business.

Problems faced by reps

This seems like an easy way to make money; however, many people who were lured in with the promise of easy money have faced only disappointment. Even if your personal network is substantial, you have to consider the fact that you can’t make everyone subscribe to the Prepaid legal membership. These are the problems you may face:

–    Most people don’t need legal services regularly; hence they wouldn’t want to spend so much money on prepaid legal services.
–    The company follows a traditional network marketing setup wherein associates are trained to invite people they know to “parties”. Most customers are fed up with such strategies; this technique is not likely to bring in much business.
–    Customers cannot be won over by trying to coax them to subscribe to your product. Pestering them will not help your cause nor get you referrals.

Winning PrePaid Legal Services Strategies

In an MLM setup, your income depends on your promotion techniques. This field has seen extremes in success as well as failure. Interactive marketing of your business through the internet is sure to fetch you good results. Find out tips and tricks of virtual marketing and you’ll be surprised to see the results in your business.