Benefits Of Prepaid Legal Plans 444

Benefits Of Prepaid Legal Plans 444



Benefits of​ Pre-paid legal plans
Pre-paid legal services can be a​ very attractive alternative to​ hiring a​
lawyer for​ many people .​
you​ should consider the importance and​ relative
priority of​ these benefits in​ light of​ your​ own legal needs .​
So what are the benefits going pre-paid compared to​ conventional hire of​
lawyers?
Benefit Number 1: Cost-Effective
Pre-paid legal plans can take the sting out of​ hiring a​ lawyer .​
Lawyers’
fees are prohibitive for​ most people: you​ can run bills of​ thousands of​
dollars and​ this​ is​ simply out of​ reach of​ most working and​ middle-class
families.
With pre-paid plans, what you​ get charged is​ more in​ line with what you​
pay for​ your​ health or​ home insurance .​
Plans start as​ low as​ $9 per month
and​ typically don’t exceed the $30 mark.
Benefit Number 2: Simplicity
There is​ a​ number of​ very complicated set of​ fees lawyers charge:
contingency fees, flat fees, statutory fees and​ hourly rates .​
in​ the case
of​ contingency and​ statutory fees, you​ have to​ get into the intricate
details of​ how these fees are computed – say for​ a​ contingency fee how
much is​ the lawyer’s commission? – and​ their regulatory nature – who
regulates the statutory fee and​ how do I​ know if​ these fees are in​ line
with regulatory guidelines?- .​
The other two types of​ fees can be equally as​ complex .​
Increasingly,
attorneys choose to​ incorporate any overheads they incur, like secretarial
expenses, parking charges and​ travel fees into their flat and​ hourly fees .​
They can also set a​ minimum number of​ billing units, like three tenths of​
an hour (18 minutes), irrespective of​ how long it​ takes them to​ deal with
your​ problem .​
this​ is​ just a​ sample rundown of​ what might influence the various fees
charged by lawyers, other factors and​ arrangements can apply too .​
Contrast
this​ with the simplicity in​ which pre-paid legal services are priced and​
furnished .​
The process is​ simple and​ straightforward: you​ sign an​ agreement
to pay a​ fixed monthly fee and​ that’s about it .​
if​ what you’re looking for​
is not covered, your​ plan provider will give you​ a​ prior notice of​ a​
different billing so that you​ know exactly how much you​ will be charged .​
Benefit Number 4: Pre-emptive Law
Pre-paid plans offer unlimited phone consultation​ and​ advice .​
this​ aspect
of​ the service can save you​ a​ lot of​ trouble, money and​ time in​ the
future .​
Most legal problems you​ are likely to​ face in​ your​ day-to-day life
can be solved if​ you​ take the necessary steps in​ line with the law .​
With
the right advice and​ consultation​ with your​ lawyer, you​ can detect legal
blunders before they occur and​ hence minimize the risk of​ litigation​ and​
protection.

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