Many people may be covered when it comes to health, life, car or home insurance…but what about legal coverage of it?
The question is not that if you'll need a lawyer, but when or why,according to the American Bar Association (ABA) Americans have come to view legal assistance as a necessity or important. Though, most Americans have not used a lawyer
more than once or when it is necessary due to the sky high attorney fees,anywhere from $100 to $1000 per hour and the trepidation involved in the search for legal services.
Pre-paid legal insurance might just be the answer to your burgling issues.
The concept is simple, for a fixed monthly subscription, you get
telephone access to advice from a lawyer. You pay a fixed amount in advance each month to defray the cost of legal services furnished in the future. These services are in various areas of the law, anywhere from reviews of simple legal documents and the writing of a simple will to more
comprehensive coverage of trials, divorce, bankruptcy and real estate issues,etc.
Read further here
Prepaid legal coverage is a very attractive proposition for people who don’t have the enough money to retain a lawyer on a regular basis whenever they need assistance. You effectively have a network of attorneys you can use as retainer to seek preliminary advice about what the issues are and how the procedures are working whenever legal matters arise. Services not covered by the plan are available to members for a discount on regular hourly rates or flat fees simultaneously.
A truth, however, is that more than half of new subscribers drop out of a prepaid plan after their first year bargaining.A reason could be that many members do not require any legal assistance during their first year, then opt out. Another
reason is the scope of services offered, which are very basic and limited in nature. Most plans have certain caps or maximums fees as far as benefits provided are concerned, and purport to offer discount on standard attorney fees rather. How ever, by virtue of simply calling, you could probably negotiate a lower rate fees.
Another problem associated with pre-paid legal plans is the likelihood of getting assigned to a novice under-experience attorney. Because of cost considerations, many of the companies behind per-paid services assign trainee or inexperienced attorneys to handle phone consultation and drafting of simple legal documents. You may also less likely to build rapport and understanding, two of the most important attributes of choosing a good attorney, as over 90% of the work is done over the phone conversation.
Prepaid legal coverage is a very attractive proposition for people who don’t have the enough money to retain a lawyer on a regular basis whenever they need assistance. You effectively have a network of attorneys you can use as retainer to seek preliminary advice about what the issues are and how the procedures are working whenever legal matters arise. Services not covered by the plan are available to members for a discount on regular hourly rates or flat fees simultaneously.
A truth, however, is that more than half of new subscribers drop out of a prepaid plan after their first year bargaining.A reason could be that many members do not require any legal assistance during their first year, then opt out. Another
reason is the scope of services offered, which are very basic and limited in nature. Most plans have certain caps or maximums fees as far as benefits provided are concerned, and purport to offer discount on standard attorney fees rather. How ever, by virtue of simply calling, you could probably negotiate a lower rate fees.
Another problem associated with pre-paid legal plans is the likelihood of getting assigned to a novice under-experience attorney. Because of cost considerations, many of the companies behind per-paid services assign trainee or inexperienced attorneys to handle phone consultation and drafting of simple legal documents. You may also less likely to build rapport and understanding, two of the most important attributes of choosing a good attorney, as over 90% of the work is done over the phone conversation.