Pre-Paid Legal. A Productive Perk

A PRODUCTIVE PERK

WHY OFFERING A PREPAID LEGAL PLAN WITH YOUR COMPANY’S BENEFITS PACKAGE PAYS OFF FOR EMPLOYEES–AND FOR YOU

by Jennifer Larson

A prepaid legal plan is just what it sounds like: an arrangement that gives an employee access to the services of an attorney for a wide range of legal needs. Depending on the type of plan, the possibilities range from assistance in creating a will to contract negotiation to representation in divorce proceedings or for a major trial.

The number of employers offering prepaid legal plans to their employers is growing, but right now, it’s still pretty small. According to the International Foundation of Employee Benefit Plans’ Employee Benefits Survey: U.S. and Canada 2009, about a quarter of respondents say they offer a legal services plan to their participants. The Society for Human Resource Management conducted a similar employee benefits survey and found that about 21 percent offer legal services.

WHY OFFERING A PREPAID LEGAL PLAN WITH YOUR COMPANY’S BENEFITS PACKAGE PAYS OFF FOR EMPLOYEES–AND FOR YOU

A prepaid legal plan is just what it sounds like: an arrangement that gives an employee access to the services of an attorney for a wide range of legal needs. Depending on the type of plan, the possibilities range from assistance in creating a will to contract negotiation to representation in divorce proceedings or for a major trial.

The number of employers offering prepaid legal plans to their employers is growing, but right now, it’s still pretty small. According to the International Foundation of Employee Benefit Plans’ Employee Benefits Survey: U.S. and Canada 2009, about a quarter of respondents say they offer a legal services plan to their participants. The Society for Human Resource Management conducted a similar employee benefits survey and found that about 21percent offer legal services.

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Steven Wilson

Cell: 661.645.1071

Skype: steven40302

Employee Group Legal Plans