Guide

Home > Criminal Defense Guide

5 Benefits of Enrolling in a Pre-Paid Legal Plan

Having legal representation – especially in this day and age – is almost as important has having a physician or dentist that you can call in case of an emergency. Indeed, people seem more litigious and tort happy these days. However, hiring the services of a lawyer can be incredibly expensive. With legal fees, retainers and whole host of other costs, you are almost better off fending for yourself in court. This is why pre-paid legal plans can be so beneficial. Imagine having legal questions answered without wondering if an enormous bill will come in the mail. Here are five benefits of enrolling in a pre-paid legal plan.

1. More affordable than hiring a lawyer.

Most attorneys charge anywhere from $100 to $600 dollars an hour – yes, lawyers are that expensive. A pre-paid legal service however, charges a monthly or annual fee. You can think of it like a subscription service, like cable. In the long run, this could end up saving you a lot of money if you need simple legal tips and don’t want to spend thousands of dollars. In the end, you can contact one of the lawyers at your pre-paid firm and have your questions answered without being charged an arm and a leg.

2. It’s more streamlined and simple than hiring a lawyer or keeping a lawyer on retainer.

Again, a pre-paid legal plan is either paid monthly or annually, which means that you don’t need to worry about all the miscellaneous fees that go along with hiring legal counsel. Most law firms have a very complicated structure when it comes to the way they charge clients – not only is there a retainer or steep hourly fee, but there are also contingency fees and other expenses that may be a complete surprise to you.

3. You’ll be legally prepared for anything.

Whether it’s a custody hearing, an unlawful termination or an eviction, having your own legal counsel will allow you to be prepared and ready to defend yourself in any legal situation. If you were to keep a law firm on standby, it would cost you more than a few years of salary just to keep them retained.

4. Review contracts and other legally binding agreements.

If you work in an arena that requires contracts and other documentation that must be signed and notarized, it can help to have a law firm to read over the fine print. Moreover, what happens if you need a contract created? Your representative attorney at your pre-paid legal firm will be able to draft all agreements for you, so that you can properly manage client relationships and secure contracts.

5. Protect your assets.

What happens if a contract is broken? What happens if a client or employer refuses to pay you? What if you get served with legal papers? A number of things can happen where your assets are at stake. In order to protect your assets, you want to make sure that you have legal counsel by your side to fight for you. Having pre-paid legal representation will allow you to breathe easy knowing that your assets and investments are protected in the instance that anyone tries to use legal action to take them away.