This Legal Shield Review shows the facts in changing the four decade old company name as part of a complete branding overhaul, Pre-Paid legal Services, Inc. is now known as Legal Shield and this move was brought on by the purchase of the company by MidOcean Partners. Some may say that this may not be a good idea, why change completely a well-known and established brand to something that needs to be started from scratch? The move is part of the complete transformation of the company as it changed management hands and its transition from being a publicly traded entity to a privately held one.
Nevertheless, LegalShield remains as a pioneer in the pre-paid legal service plans industry as it retains its history as being among the first company to offer such services. Founded in 1972, LegalShield was counted among the few companies that developed and underwritten legal service plans. The popularity of such service quickly soared as even then, legal services were becoming far too expensive for people to afford and the need for such services were emerging in almost all aspects of our regular lives.
Established by an insurance salesman by the name of Harland Stonecipher, LegalShield was born out of his experience when a lawsuit was directed at him after going through an accident involving motor vehicles. The lawsuit drained his finances and upon learning of the pre-paid legal services being offered in Europe, decided to study the structure of the business and start his own pre-paid legal services providing company.
LegalShield didn’t start out as a multi-level marketing based business, but the company’s adaptation of the business marketing model a decade after its establishment propelled it to new heights. This enhanced marketing and selling structure of the company with the MLM system made it easy for the corporate leaders to permanently utilize the business model for their operations.
During its almost 4 decades of existence, LegalShield has gone through many organizational developments which has shaped and created the company to what it is today, the 78th ranked company in Forbes top 100 companies in America list in 2010.
With more than fifty law firms from The US and Canada as part of its network, LegalShield is able to offer a wide variety of legal services in different fields of legal expertise including real estate, criminal litigations, civil obligations, and drawing up wills as well as the creation of other legal documents.
Drawing near to the structure of an insurance plan, Legal Shield offers highly affordable pre-paid legal service plans where clients can avail of such plans for low monthly payments.
As an associate of Legal Shield, your primary objective is to sell membership plans. The Legal Shield compensation plan employs the typical MLM compensation structure where building a large network is the main objective to create a potential high income generating business and the possibility of residual income. Also, the monetary value of a plan sold to a customer is a huge indicator of the commission that you may receive.
With all of the facts, this Legal Shield Review reveals a solid business. As with any business, the key to success is in your ability to market it to the masses. To learn how to do so, visit MLM Lead Gen Pros and get your copy of the CD Conquer The Internet DVD Today! That will give you the best training and resources to grow your Legal Shield Business fast and strong.