Legalshield Review – A Scam Pyramid or Legit?

Legalshield Review – Independence, freedom, the time to do everything you like to do now or never, there’s no try. These things are wanted after today more than ever because everyone knows, the old career path is not what it used to be. But please remember that independence and freedom do not come with no effort. In this Legal Shield review I would like to speak about their strategy to you get there, and even if it’s any good or not.

What Is Legal Shield?

Legal Shield is a company of multi-level-marketing (MLM). They provide legal services, such as legal advice, trial defense, and document preparation.

They’ve been existing several years, actually … a long time before they were Legal Shield in 2011. Founder Harland Stonecipher, as far back as 1969, starts thinking of the best ways to provide affordable legal care to the public.

In 1972 began as a sportsman’s club. But in 1976 it was bought out by Prepaid Legal Services and now known as Legal Shield.

Prepaid Legal Services adopted the MLM or pyramid style marketing approach in 1983 that it’s known for today.

In 2011 MidOcean Partners purchased Prepaid Legal and then they became Legal Shield in September of that year. They also have ID Shield which I’ll describe more details and share a couple of ID Shield Reviews below.

Who Is Legal Shield For?

As an opportunity, Legal Shield is generally for people who are great at sales and multi-level marketing. It’s good for those with the gift of gab and a friendly personality.

Having easy access to an existing community of people is also useful.

But MLM’s are not for everyone. The stigma of multi-level-marketing can be difficult for some people to overcome because thought to be scams or pyramid schemes by many. Sustaining your enthusiasm will be hard if you do not enjoy recruiting and sales.

If you do not like the MLM system, no need to worry. You can also make money by doing things like online surveys with sites like goldopinions.com or searching the web, watching videos, and visiting websites with sites like swagbucks.com.

Of course, this method can’t provide big income, but simply the first step into the world of making money from home or for little extra spending money, they are a simple choice.

Starting an online business may be the best choice if you’re more really serious about making an “at-home lifestyle”.

Creating money from home may be something you need because of some issues like children at home, health or the other reason. There is a lot of possibilities out there today, and Legalshield being one of them.

If an online business is what you want to do, then the start line is what you need to get what you want.

What is The Legalshield Scam Pyramid?

If you become a member of Legal Shield, the big two questions you’ll probably hear the most are “is The Legalshield a scam?”, or “is The Legalshield a pyramid scheme?”

The answer to the first question is no. Legalshield is not a scam. It’s not like some shadier MLM type schemes like Impact Mailing Club or 30-Day Success Formula. Legalshield is a reputable company with a real product.

That’s why, the way in which some Legalshield sell the possibility or consultants market, perhaps a scam.

A scam is described as being cheating to gain someone’s money and trust. So, even if Legalshield is not a scam, somebody who lies to you about the revenue potential and the effort it takes to reach it, would be trying to fraud you.

The slightly common sense here goes a lengthy way, and the fact you’re looking at this assessment and undertaking research helps make it obvious that you are not getting to the hype

The next question, “is The Legalshield a pyramid scheme?”. This is a little harder to answer.

Many people who take a part in multi-level-marketing will declare on their lives that their beloved company is not a pyramid scheme. They’ll have a hundred or more explanation as to their reason, and generally, from a legal perspective, they’ll be a win.

However, in practice, if you’re recruiting people, and then those people are recruiting people again, and so on. You will finish up with a pyramid of people during which money flows up.

The most crucial thing that differentiates an illegal pyramid from a legal one, is that the legal one sells real services and products.

So, based on the law, Legalshield totally is not a pyramid scheme. Maybe your own definition of a pyramid scheme is different but named the Legalshield as a scheme or scam pyramid would be wrong.

Start-Up Costs

In MLM’s world, it’s all about creating a passive income and recruiting new members. Nothing different from the Legalshield.

Of course, many people will state how important real products are and retail sales, but the big income is made by recruiting more and more members. You could be leveraging your downline to achieve more money.

You and more than 7 billion people are limited by the hours in one day, but you can maximize those hours through the endeavors of others.

However, before that happens, there is a price to getting started.

Option #1 – $99.00. Plus $20.00 each month for Legalshield benefits.

This option includes,

Associate Perks
Associate Portal
Help From Sponsor, Local Leaders, and Team
Online Training
Support Center
Weekly Newsletter

Option #2 – $249.00

Option two consists of everything from option one, and 12 months of Legalshield benefit (a $240.00 value). Principally, with the second option, you are spending money on your monthly fee upfront (One Year) and previous the $99.00 start-up cost.

And, since MLM’s depending on home presentation/parties and face to face sales, you need to calculate in expenses such as parking, fuel, and clothing.

If that’s more than you’d like to pay at this time, you can do another way to earn more money or perhaps will help you to save for Legalshield’s start-up fees. It’s free and easy to use online surveys with sites like goldopinions.com. You need to join as and they will pay you for your point of view. Another site such as swagbucks.com is also easy and free to sign up and pay you for doing some tasks online like visiting the website, surfing the web, and watching videos.

If money is currently a big challenge but a great income from home is what you want due to medical issues, children’s issues or no jobs available, getting started for free is what you need in order to get what you want.

Legalshield Benefit or Advantage

If you select the first option (Option #1), the monthly payment is for a bundle of business tools called Legalshield Advantage. This package will be included,

• Branded Professional Communications
• Contests and Incentives
• Personalized Professional Websites
• Enhanced Associate Portal
• FranklinCovey® Personal Development Courses
• Lead/Contact Management System

Legalshield Compensation

Now that you’ve paid your money, it’s time to take it back. The compensation works just like this.

There are three techniques to get paid.

1. Earning personal commissions by selling memberships.
2. Actually, these sales (new start-ups) are called overrides. It’s recruiting others and building a team.
3. You make passive salary through member maintenance (monthly costs).

The number you earn depends on the service or product you are selling. But for this example (and the sample of Legalshield uses in their demonstration) the compensation strategy is based on a $39.90 each month sale.

There are 7 grates level which include,

1. Associate
2. Senior Associate
3. Manager
4. Senior Manager
5. Director
6. Senior Director
7. Executive Director

The compensation runs on an “upfront” system. So, as an Associate making a $39.90 (each month) membership sale, then you will be paid an upfront of $100.00. It’s important to remember, that you could be charged back for cancelations of membership.

The good print said, “Commission quantities shown represent a one-year upfront. If a member cancels during the upfront period, you would be charged back from future commission advances.”

If you step up from Associate to Senior Associate, the advances get larger. A Senior Associate generates $120 each membership sale. And a Director achieves $140 and so on. (see the chart below)

Besides that, as your team gets larger, a Senior Associate generates changes that start at $20 to $50 as shown in the chart below.

Just like most MLM’s, there is a complex web of bonuses and improvements. There is a Performance Club Bonus points system where you can generate a pat on the back and a special reputation, all the way up to monthly BMW payments.

They also provide contests, trips, and promotions.

If you have been to a Multi-level marketing presentation right before, maybe you have seen and observed them drawing circles on whiteboards and fill them with a logo of dollars ($$$). It seems to be excellent in concept, but there’s a huge cause MLM’s have these significant failure prices.

The simple fact is that many people dislike recruiting, and they do not like selling. Those who can do it pleasantly (while interacting with millions of rejection) are very hard to find. And if that’s not you, it’s going to be difficult.

It doesn’t mean that you can’t succeed, but doing something you dislike is always a wrestle. That’s why it’s very few people who can earn money with the MLM method.

Legalshield Services and Products

Maybe you already familiar with Legalshield services and products. With personal plans starting at $17.95 every month, you can get access to services like:

• Coverage for single adults without dependents
• Legal Advice / Counsel
• Legal Document Review
• Letters / Phone Calls On Your Behalf
• Trial Defense

Family plans with very similar services start at $19.95.

By using both of these programs, you can create on new home business.

Legalshield also provides ID Shield, which is a program that helps prevent identity theft, and restore your identity if really needed. It’s available for individuals ($9.95/month) and families ($19.95/month) package. The ID Shield service consists of:

• $5 Million Service Guarantee
• Child Monitoring (family plan)
• Coverage for you, your spouse/partner, and up to 8 dependent children (family plan)
• Complete Identity Monitoring
• Identity Restoration
• IDShield Vault Password Manager
• Unlimited Consultation

Legalshield Reviews

Just like most products, you can find both online negative and positive reviews. The complexity of legal products and services complicates this problem even more.

For example, in the following review, you can understand why a customer became frustrated and disappointed with Legalshield’s service. Also, you can see the side of the story Legalshield’s.

The above review is a good sample of why it’s crucial to totally understand what you’re purchasing. It doesn’t mean that Legalshield is negative, but you need to know that every product has limitations and you should be aware of what they are.

 

The other reviews range from not quite great to the great. So, at the finest, I would like to call this a consumer beware product. Sadly, Legalshield is not a product that you can pull out of the box. Try it out and determine whether or not it absolutely was worth the money.

When you really need it (which could be next years from now) maybe you have paid hundreds or even thousands of dollars.

If you buy a Legalshield program, I suggest you read the fine print twice or more. If you determine to join and sell Legalshield, ensure you do your homework carefully so you’re totally mindful of the service and product you’re selling.

ID Shield Reviews

Just like the Legalshield reviews above, Identity Theft reviews come in both negative and positive types. Once again, I’ve yet to find a product of any kind that makes everyone satisfied and feeling happy.

The big deal with ID shield is that it’s a type of insurance product and you’re paying for a monthly basis before you need it. I hope you never need it.

But, it is quite possible to use a substantial amount of your money before you can truly put the product or service to the test. Kindly checks some ID Shield reviews below:

What I Like About Legalshield

• The start-up fees are relatively cheaper than some other MLM’s.
• They give a unique product or service and not like some home-based businesses that sell jewelry, cosmetics, or clothing. This product has low competition.
• This is totally not a physical product or service. It means there are no shipping costs, no inventories, or logistical issues such as deliveries and stocking levels.

What I Don’t Like

• When they were still Pre-Paid Legal, Legalshield has a background of lawsuits against them for deceptive advertising and misrepresenting earnings statements. For example, “A Mississippi jury last week found both the company and its founding CEO, Harland Stonecipher, guilty of fraud and deceptive advertising, according to plaintiffs’ attorney Doug Minor.” These are generally older lawsuits that have been handled (possibly by means of attraction or settlement) however you ought to be knowledgeable of them if you decide to symbolize Legalshield being an affiliate.
• Like all MLM’s, you should not mistake this for becoming “your business”. Even though it is possible to decide on your own hours, your profits are still dependent on a brand and a single company. You are under deal with Legalshield and sure by their restriction and rules. When you leave, your organization (downline) and sales which you worked so difficult to create are left guiding and belong to the company (just like leaving your job).
• It’s possible you’ll have Legalshield coverage, but currently being an insurance policy style product or service, you might be advertising one thing you haven’t still attempted yourself (or a minimum of haven’t designed an assert right before).

Where Do You Go From Here?

As I mentioned above, your glory with Legalshield will be decided by your capability to sell, and no matter if you enjoy it.

There’s a lot of discussion of side income or passive income, but in fact, few people – if any – who can reach the glory at multi-level-marketing. Even if they are available at the top, they must continuously support their community or drive new members to maintain their salary or income.

So, if you can enjoy your job, Legalshield is definitely worth considering. The truth that you’re not doing business with physical products is a big advantage. You can focus and concentrate on selling without thinking about logistics or inventory around to presentations.

If you do not like recruiting though, Maybe you are not going to enjoy this opportunity and in the end, you’ll have problems with it.

If MLM’s are not your passion, maybe you can do better such as an online business where recruiting and sales and are not concerned.

You can also make money by doing surveys on sites like goldopinions.com or watching the video, searching the web, and visiting websites with swagbucks.com.

Of course, you won’t get rich by doing online surveys, but for some people, a little extra income is all they need.

Again, as I mentioned above – if creating money from home may be something you need because of some issues like children at home, health or the other reason. Then the start line is what you need to get what you want.

Hopefully, this Legalshield review was useful, and if you have any queries or comments, or even if you have a review of your own, kindly share it in the comments section below.