LegalShield|Legit Multi-Level Marketing (MLM) Program or Scam Pyramid Scheme?
Introduction:
In this time and age, there are thousands of ways to make some extra money. The internet in particular, has presented a wide range of legit work from home, job opportunities. Traditional job opportunities are also still popular and lucrative in the digital world.
Multi-level marketing (MLM), is one of the oldest forms of marketing. Especially online! However, the MLM sector has become a notorious breeding hub for online scammers. Though legitimate MLM programs exist today, others are pyramid and Ponzi schemes designed to part you with your hard-earned money.
LegalShield is a legal service provider that market’s it’s products and services through an MLM program. This presents an opportunity for savvy salesperson’s to make money by recruiting people to subscribe to LegalShield. But can you really make money with LegalShield’s MLM program? Let’s find out!
This LegalShield review will focus on explaining the opportunity offered by this company. Here at LegitWorkOnlineForReal, our mission is to help our community of entrepreneurs find legit jobs online. We have reviewed hundreds of websites and programs to establish which ones are legit and which are a complete waste of your time.
We have divided the review into the following sections:
- When was it started?
- What is Legal Shield all about?
- What does it cost to join?
- The business opportunity (How to make money with LegalShield)
- Is LegalShield a pyramid scheme?
- What we liked about the program
- Good vs. bad qualities
- What are internet users saying about the program?
When Was It Started?
LegalShield has been around for a while. Although the brand LegalShield only came up in November of 2011, the parent company has existed for over four decades. The founder Harland Stonecipher, began contemplating offering affordable legal aid to the public in as early as 1969.
The company we currently know as LegalShield, began as a sports club in 1972, before being acquired by Prepaid Legal Services in 1976. Seven years following the acquisition, Prepaid Legal Services adopted an MLM approach that LegalShield is known for today.
MidOcean Partners later acquired prepaid Legal Services in 2011. Following this second acquisition, the enterprise was renamed to Legal Shield.
What Is Legal Shield All About?
LegalShield, found at Legalshield.com, is a platform or program that supplies budget-friendly legal services to the masses. The company is famous for selling it’s products and services through an MLM program.
These services include letter writing, attorney consultation, traffic violation defense, will preparation, general trial defense, document preparation and review, and automobile-related criminal charge defense.
One must first buy a monthly or annual subscription to benefit from these affordable legal services. Legalshield.com offers it’s services in the US and Canada only.
What Does It Cost to Join?
Multi-level marketing (MLM), is about recruiting new members to a specific program to earn a commission. LegalShield’s MLM program, isn’t any different. Like all other MLM programs, you must pay an upfront registration fee. For Legal Shield, there are two viable options:
Option 1 – $99 Plus $20/Month for Legal Shield Advantage:
With this subscription plan, you will have access to an associate portal, support center, online training, a weekly newsletter, associate perks, and direct support from sponsors, local leaders, and teams.
Option 2 – A annual $240:
This subscription plan cover’s everything included in option 1, plus 12 months of LegalShield Advantage. Basically, this option simply demands that you pay the monthly fee for one year and forgo Option 1’s $99 start-up cost.
Buyer Beware: Although the figures mentioned in the two options are the only upfront costs, you must take into account other costs of operation related to the business of making face-to-face sales, such as fuel, clothing, and parking.
The Business Opportunity (How to Make Money with LegalShield)
Being an MLM program, the primary way to make money with LegalShield, is by recruiting new members and selling the company’s product’s. Like any other MLM program, LegalShield has several qualifying level’s. You will make more money as you advance through the different compensation plan levels.
There are four ways to make money with LegalShield:
-
Selling Legal Plans:
You stand to make a cool 20% commission on every sold legal plan. That means that whenever you refer a customer and they sign up for a $19.95/month plan, you stand to receive a $3.99 commission.
-
Earning through Team Commissions:
This earning stream is directly tied to member recruitment. When you recruit associates into your team or downline, you’ll earn a percentage of their earnings depending on your level on the compensation plan ladder.
-
Renewal Bonuses:
Whenever a customer you’ve sold to renew their subscriptions, you’ll earn an extra bonus. And the Renewal of an annual plan, earns you more than the renewal of a monthly plan.
-
Extra Bonuses:
You will earn points whenever you recruit a new associate or sign up a new customer. These points are redeemable for promos, special trips, contests, discounts, tax advantages, etc.
Pro Tip: LegalShield’s compensation plan is so detailed; to get the whole picture, you should check out their websites.
Is Legal Shield a Pyramid Scheme?
Let’s start by stating that the line between illegal pyramid schemes and legit multi-level marketing programs is very thin. More often than not, the only difference lies in the emphasis between product sales and recruitment.
Since LegalShield is a reputable company with a portfolio of different products sold through an MLM program, it does not count as a pyramid scheme.
What Did We Like About LegalShield?
-
Relatively Affordable
Compared to most MLM programs on the market today, LegalShield is one of the most affordable options.
-
Sells Unique Products
Unlike most MLM companies that sell cosmetic and fashion products, LegalShield is unique because it only sells legal services. It is also advantageous that Legal Shield does not deal in physical product’s because that eliminates the need for inventory.
Good vs. Bad Qualities
Here is a breakdown of the advantages and disadvantages of this MLM program:
Pros:
- It is run by a well-established company
- Offers convenient access to affordable legal aid
- It is relatively affordable compared to other MLM programs
- Provides multiple ways to make money
Cons:
- It does not offer a trial subscription options
- Lacks a money-back guarantee program
- Many complaints of subscription cancelation
- The services are cheap!
What Are Internet Users Saying About LegalShield?
LegalShield is a verified company with a 4.5/5 star rating from 2,671 reviews on TrustPilot.com. The high rating indicates that most user’s and customer’s are happy with the company’s offerings. Below are some of the comments and sentiments shared by internet user’s on Trustpilot:
Flower Child,
Charles Moody,
Our Conclusion For Legalshield:
LegalShield is a legit legal service provider that uses a multi-level marketing program to sell it’s product’s. This website presents a lucrative opportunity if you are well-endowed with salesmanship skills. To start making money with Legal Shield, you will have to pay an upfront $119 for your first monthly subscription or $240 for your first annual subscription.
Who is LegalShield for? This program is for savvy salesperson’s with the capital needed to buy into the program. If you are not good at sales or just looking for a free-to-join online job, then LegalShield is not for you. You can check out the legit free-to-join, at-home job opportunities we reviewed at the top of this page.
That marks the end of our LegalShield review. At this point, we welcome you to share your experience and comment’s with us, by leaving them down in a comment section below. Thank you reading and we’ll see you in our next review.
Were you looking for our top, legit work online recommendation instead?
Click here To Read Our # 1 Recommendation!
Also, if you enjoyed reading and educating yourself with our “LegalShield” review, please don’t limit yourself. Please feel free to read and learn all about a different, legit online opportunity like:
Next Job at Home (Legit) Review
Freelancer (Freelancer.com) (Legit) Review
And So Much More..
