Prepaid legal and small business
Legal advice for small businesses does not have to be expensive.
With pre-paid legal plans, a wide array of legal services designed
specifically to cater for the needs of small businesses is
available for a set yearly fee ranging from $125 to $300.
Although coverage differs across the board, most pre-paid plans
offer unlimited telephone consultation with a lawyer, a valuable
service that is enough to solve many small-business matters. This
encourages “preventive law”: the process whereby you identify legal
problems that affect your business, contact your lawyer and get
advice on taking steps to minimize them.
Basic plans provide coverage for simple contracts and the
drafting of simple legal documents, like a power of attorney or a
bill of sale. More comprehensive plans will deal with more
elaborate matters like equipment lease and accounts-receivable
If you are a member of a local chamber of commerce, trade or
professional group than you can get a plan at a reduced group rate.
Otherwise, buy directly from a commercial vendor.
Author: Shane Martindale
Shane Martindale is an online marketing strategist and digital marketer with expertise in integrating and leveraging digital media outlets and platforms to drive brand engagement. He is a social media professional and advises companies on brand positioning and best-in-class social media practices. View all posts by Shane Martindale