Look before you take the leap into pre-paid legal services These are some of the question you should ask if you are considering a pre-paid legal plan. What is covered? Legal plans are offered in different models and differ in the specifics of what they cover. While phone consultation and simple drafting and reviewing of simple contracts are included across the board, more elaborate and complicated legal matters are not covered.

Prepaid and Small Business Legal advice for small businesses does not have to be expensive. With pre-paid legal plans, a wide array of legal services designed specifically to cater for the needs of small businesses is available for a set yearly fee ranging from $125 to $300. Although coverage differs across the board, most pre-paid plans offer unlimited telephone consultation with a lawyer, a valuable service that is enough to solve many small-business matters.

Pre-paid legal services for small business If you are operating your own business, you cannot afford to go it alone when it comes to legal matters. The ever increasing complexities of law, spiralling costs of lawsuits and the proliferation of government red tape can land you in a lot of trouble. The flip of the coin is hardly attractive either! Hiring a lawyer can constitute a substantial financial investment many cash-strapped small businesses and entrepreneurs cannot sustain.

How to enrol for a legal plan? Are you thinking of getting on the pre-paid bandwagon? Choosing a particular enrolment method can be very important in determining the benefits, costs and conditions of coverage of your legal plan. A voluntary enrolment refers to a membership of a legal plan where people “voluntarily” subscribe to a pre-paid legal service in response to a direct email offer, during an employer’s open enrolment period or during individual sales representations.

Differences between Pre-Paid and Legal Plans It is not uncommon to see the terms “legal plans” and “pre-paid legal services” used interchangeably. While they share a lot of characteristics in common, there are a number of differences you should be aware of. Both of these terms refer to an arrangement whereby you pay a fixed monthly or yearly fee in exchange for legal services. The idea behind them is to save consumers on high legal fees whilst offering a valuable service.