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Having worked for 25 years, 7 months and 17 days in a legal-related venue,
often more closely than some attorneys, this post is just too good to pass
up!
First, a good attorney knows the law...a GREAT attorney knows the judge!
There is "The Law" - those guidelines of behavior which State legislatures
and the Federal government reduce to writing in law books and which is
taught in law schools, and there is...
"THE LAW" - that which a judge and attorneys decide what is to be "The Law"
on and in a case-by-case basis.
Second, with such a litigious (lawsuit crazy) society today, does one really
want to place all that he or she owns in a cookie-cutter legal environment?
Pre-paid legal services may be well and good for ordinary, every-day needs -
real estate, wills, and the such. But when real assests are on the line -
your savings, your house, part or all of your future income - would not it
be better to pay a little more, hire a local attorney specializing in your
needs and be more assured of a favorable ruling?
"You get what you pay for..." as an "old saying goes".
For $8.33 a month, what are you getting????? Just some thoughts.........
Now that I've probably frosted a few attorneys on this list...any rebuttals?
----- Original Message -----
From: "jpaladin" <jpaladin@xxxxxxxxxxx>
To: "Paul Altman" <paulha@xxxxxxxxxxxxx>
Cc: <omega-list@xxxxxxxxxx>
Sent: Tuesday, March 26, 2002 12:52
Subject: Re: Pre-Paid Legal
> I have had Pre-Paid Legal since 1995 and I can attest to the fact that
> sometimes you get good legal advice and sometimes you get useless advice
> from their lawyers. The attorney's that work for the law firm you are
> assigned to in your state are not the cream of the crop. Still, I have
used
> their services on a regular basis and I wouldn't go without it.
>
> Best Regards,
> John Theo
>
> >
> > Paul
> >
>
>
----- Original Message -----
From: "jpaladin" <jpaladin@xxxxxxxxxxx>
To: "Paul Altman" <paulha@xxxxxxxxxxxxx>
Cc: <omega-list@xxxxxxxxxx>
Sent: Tuesday, March 26, 2002 12:52
Subject: Re: Pre-Paid Legal
> I have had Pre-Paid Legal since 1995 and I can attest to the fact that
> sometimes you get good legal advice and sometimes you get useless advice
> from their lawyers. The attorney's that work for the law firm you are
> assigned to in your state are not the cream of the crop. Still, I have
used
> their services on a regular basis and I wouldn't go without it.
>
> Best Regards,
> John Theo
>
> > Folks:
> >
> > In my latest dealings with yet another salesman promising me something
for
> > nothing, I've been approached by a Pre-Paid Legal (NYSE:PPD)
> > salesman. This is yet another annoying multi-level-marketing scheme, in
> > this case to provide legal insurance to the masses.
> >
> > Naturally, I've been unable to get them to give me a simple, horsey and
> > duckey, explanation of their business model. Mostly the pitch is that
> > "everyone else except you is buying legal insurance, and it's terribly
> > exciting." The only substantive info I've been able to get is that it's
> > $26/month, and that approx 1/3 goes to the salesmen out in the MLM tree,
> > 1/3 goes to corporate, and 1/3 goes to the law firm.
> >
> > My question: why would any law firm be willing to lay off all of PPD's
> > insurance risk, for a mere $8.33/month? Sure, some customers will go
> > months or years before using the service, but it wouldn't require much
> > customer time, for a law firm to go broke.
> >
> > And if it's such a great business for the law firms, why don't they fire
> > PPD and pool together to create their own competition to PPD?
> >
> > I just don't get how this business works. Any comments?
> >
> > Paul
> >
>
>
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