Is LegalShield a pyramid scheme?

Is LegalShield a pyramid scheme?

Legal Shield is not a pyramid scheme. Your personal definition of a pyramid scheme may be different, but to call this a scam pyramid, or a scheme, would be false.

Is LegalShield a good investment?

If you want the security of knowing that you can quickly get a response from a lawyer if you ever need it, LegalShield is a good choice. For a reasonable monthly fee, you can access a lawyer at a leading law firm and get targeted help on specific problem areas for small businesses, such as debt collection.

What kind of company is LegalShield?

LegalShield

Formerly Sportsman’s Motor Club (1972–1976) Pre-Paid Legal Services, Inc. (1976–2011)
Type Private
Industry Legal services
Founded 1972
Founder Harland Stonecipher

Is PrePaid legal still in business?

Yes, PrePaid Legal is still in business and has been rebranded to the LegalShield company we know today. Upon their name change last September 10, 2011, under the same organization, they also came back with an improved suite of services to satisfy the needs of their customers [1].

What does the company legal shield do?

Legal Protection. With LegalShield, finding solutions to your legal issues doesn’t have to be stressful, complicated, or expensive. Instead of paying a lawyer expensive hourly fees, you pay a small monthly fee and get access to experienced lawyers that can help you with your legal issue.

Who bought LegalShield?

Stone Point Capital
LegalShield

Formerly Sportsman’s Motor Club (1972–1976) Pre-Paid Legal Services, Inc. (1976–2011)
Services Legal services identity theft monitoring and restoration
Revenue est. $400 million (2014)
Owner MidOcean Partners Stone Point Capital Further Global
Number of employees 700 (2014)

Who started LegalShield?

Harland Stonecipher
LegalShield

Formerly Sportsman’s Motor Club (1972–1976) Pre-Paid Legal Services, Inc. (1976–2011)
Industry Legal services
Founded 1972
Founder Harland Stonecipher
Headquarters Ada, Oklahoma , U.S.

How do I cancel ID Shield?

How do I cancel my IDShield account? To cancel IDShield, either call customer support at 800-654-7757 or email them at [email protected].