Prepaid Legal Services May Help Companies Save Money
If paying a lawyer $150 every time you need someone to write a letter to a client who does not pay on time annoys you, then acquiring prepaid legal services may be for you. With prepaid legal service you pay a flat fee up front to get access to attorneys at a law firm. It usually ends up being cheaper and is easier for your company's budget.
Most prepaid legal service providers offer consumer law, for people who owe money through foreclosure or credit cards. They also wills in probate, and family law. Foreclosure defense has also grown dramatically in the last few years.
Many firms offer three plan levels – for individuals, small businesses and group of 100 or more.
A company, for example, may offer the benefit to employees who opt in. There may be no co-payment. The paycheck deduction for large organizations can be as little as $15 a month.
The law firm is paid for services to members in two ways. It can be done on a per-member, per-month basis. This will give basic services under the legal plan, like consultations, reviews, letters, traffic ticket defense, drawing up a will and health care proxy. The second option is for a firm to be paid by individuals for additional services as needed, but at a reduced rate.