LegalShield

Common card · No. 414241

LegalShield (formerly Pre-Paid Legal Services) is an American company that sells subscription-based legal service plans and identity-theft protection in the United States and Canada. Its memberships are sold directly to consumers, as employee benefits and through a multi-level marketing network of independent sales associates. Under the company's compensation system, associates may receive commissions for selling memberships and for sales made by associates they recruit. LegalShield reported that in 2023 an "active" associate received average annual compensation of $2,647.89 and median compensation of $118.43 before expenses; 31 percent of active associates received no compensation. For the purposes of the disclosure, the company defined active associates as those who either sold at least one LegalShield or IDShield membership or used its Prospect sales application during the year. The company was founded in 1972 as the Sportsman's Motor Club and was incorporated as Pre-Paid Legal Services...

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