LegalShield

LegalShield (previously known as Pre-Paid Legal Services or simply Pre-Paid Legal) is an American corporation that sells legal service products direct to consumer through employer groups and through multi-level marketing in the United States, and Canada. It was available in the United Kingdom from 2019 to 2021. According to LegalShield's income disclosure regarding associates selling the product: "For Associates with 0-2 years of experience who made at least one sale, average annual earnings were $798 for 2019. Approximately 73% of all Associates across experience years made less than $1,000 in 2019."

LegalShield
Formerly
  • Sportsman's Motor Club (1972–1976)
  • Pre-Paid Legal Services, Inc. (1976–2011)
Company typePrivate
IndustryLegal services
Founded1972 (1972)
FounderHarland Stonecipher
Headquarters,
U.S.
Areas served
  • United States
  • Canada
Key people
  • Warren Schlichting (CEO)
  • Kathy Pinson (COO)
  • Steve Williamson (CFO)
Products
Services
  • Legal services
  • identity theft monitoring and restoration
Revenueest. $400 million (2014)
OwnerMidOcean Partners
Stone Point Capital
Further Global
Number of employees
700 (2014)
Websitelegalshield.com

The company was founded in 1972, as the Sportsman's Motor Club. In 1976, it was incorporated as Pre-Paid Legal Services, Inc., and made its initial public offering in 1984.

In 2011, Pre-Paid Legal went from being traded on the New York Stock Exchange back to being a private company when it was acquired by MidOcean Partners and subsequently changed its name to LegalShield.

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