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LegalShield

Full company profile

uuid000614b

Namestring
LegalShield
Legal namestring
Pre-Paid Legal Services, Inc.
Websiteurl
legalshield.com
Company typeenum
Private
Founded yearint
1972
Descriptiontext

LegalShield, legally Pre-Paid Legal Services, Inc. (PPLSI), is a privately-held subscription-based legal services provider founded in 1972 and headquartered in Ada, Oklahoma. The company delivers prepaid access to a vetted network of provider law firms across the United States and Canada, covering approximately 4.5 million members through personal plans (Basic $35.95/mo, Advanced $44.95/mo, Premium $53.95/mo), small business plans (Essentials $49/mo to Pro $169/mo), and a specialized Commercial Drivers Legal Plan ($39.95/mo), plus modular add-ons for trial defense, gun owner protection, home business, rideshare, and business-plus coverage. Revenue is generated through recurring monthly and annual subscriptions, with annual billing offering discounts and MEMBERPerks merchant discounts bundled into every plan. The underlying technology is a mobile-first platform with native iOS and Android apps that enable document submission, provider-law-firm communication, and on-demand service access.

Distribution is primarily direct-to-consumer via the LegalShield website and mobile apps, supplemented by an inside-sales phone channel and a B2B employer/HR benefits motion targeting workforce productivity and elder care benefit gaps. The company employs 501-1,000 people, has held SOC 3 certification for its 2025 service-organization controls, and operates without a public ticker or disclosed parent company. Recent strategic emphasis includes a partnership with Care.com's CareBenefits (announced June 2026) to launch a Senior Care Advisor program in the 2027 National Enhanced Plan, a new product vertical responding to a 108% increase in elder-care-related legal requests since 2022.

Short descriptiontext

LegalShield is a privately-held subscription legal services provider founded in 1972, serving approximately 4.5 million members across the U.S. and Canada through prepaid personal, small business, and commercial driver plans that connect subscribers to a vetted network of provider law firms.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
501–1,000
akta.pro rankint
HeadquartersAda, United States
HQ citystring
Ada
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Keyword5 values
legal subscription services, prepaid legal plans, consumer legal protection, small business legal coverage, legal benefits platform
Industry3 codes
1Personal Injury & Insurance Defense
CodeBPAHAAAMPrimaryYes
2Family & Private Client (Trusts & Estates) Law
CodeBPAHAAAKPrimaryNo
3Legal Collections & Litigation Support (Judgments, Garnishments)
CodeFSAKAJADPrimaryNo
NAICS code2 codes
  • Legal Services5411
  • Offices of Lawyers54111
SIC code1 code
  • Services-Legal Services8111
Product category
Legal Services Subscription / Legal Benefits
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model4 records
1Personal Legal Plan Subscriptions
TypeSubscription Recurring
Description

Monthly and annual subscription fees for personal legal coverage. Plans range from Basic ($35.95/mo) to Premium ($59.95/mo) for individuals and families, covering unlimited legal consultations, document reviews, traffic ticket defense, estate planning, and more. Annual billing offers discounts. Add-on coverages (trial defense, gun owner, home business, rideshare) available at additional cost.

legalshield.com
2Small Business Legal Plan Subscriptions
TypeSubscription Recurring
Description

Monthly subscriptions for small businesses ranging from Basic ($59.95/mo) to Premium ($169.95/mo), providing unlimited legal consultations, document reviews, debt collection letters, contract review, IRS audit assistance, and trial defense hours.

legalshield.com
3Commercial Drivers Legal Plan (CDLP)
TypeSubscription Recurring
Description

Dedicated subscription plan for commercial truck drivers at $39.95/month, covering moving violations defense, DOT violations, licensing issues, and tragic accident defense. Delivered by a legal department with over 30 years of commercial driver legal experience.

legalshield.com
4MEMBERPerks
TypeSubscription Recurring
Description

Discount program offering members savings on hundreds of popular brands, included with all plans. With over 4.5 million members, LegalShield negotiates volume discounts passed on to members.

legalshield.com
Marketing channels10 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels4 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Pricing details10 tiers
1Personal Basic Plan — $35.95/month or $431.46/year
ModelSubscriptionBilling cadenceAnnual
Notes

Covers primary member and spouse. Includes Will preparation, Power of Attorney, traffic ticket representation, civil trial defense, consumer dispute advice, 15% discount on additional services, document review up to 15 pages, 1 online notarization/year, unlimited e-signatures, MEMBERPerks, and 24/7 emergency access.

legalshield.com
2Personal Advanced Plan — $44.95/month or $539.46/year
ModelSubscriptionBilling cadenceAnnual
Notes

Covers member, spouse, and eligible child dependents. Includes all Basic features plus annual Will updates, uncontested divorce, prenuptial agreements, uncontested adoption, tenant lease review, driver's license reinstatement, mortgage document review, vehicle property damage collection (2 hours), additional traffic ticket coverage (2 tickets/year), 20% discount on additional services, document review up to 25 pages, 5 online notarizations/year.

legalshield.com
3Personal Premium Plan — $53.95/month or $647.46/year
ModelSubscriptionBilling cadenceAnnual
Notes

Covers member, spouse, and eligible child dependents. Includes all Advanced features plus trust establishment, simplified probate assistance, death-related traffic charge defense, IRS audit representation, 25% discount on additional services, document review up to 35 pages, unlimited traffic ticket assistance, driver's license reinstatement support, unlimited online notarization.

legalshield.com
4Small Business Basic (Essentials) — $49/month
ModelSubscriptionBilling cadenceMonthly
Notes

10 letters/calls per year, 10 document reviews/year (up to 15 pages), 5 collection letters/month.

legalshield.com
5Small Business Basic — $53.95/month or $647.46/year
ModelSubscriptionBilling cadenceAnnual
Notes

Lawyer phone consultations (unlimited issues), document checks (25 pages each), 6 lawyer letters/calls per year, 6 debt collection letters per year, legal research, IRS audit help (up to 15 hours), trial defense hours, business health check, e-signatures, 1 online notarization per year, 15% discount on additional services.

legalshield.com
6Small Business Plus — $99/month
ModelSubscriptionBilling cadenceMonthly
Notes

20 letters/calls per year (up to 5/month), 20 document reviews/year (up to 20 pages, up to 5/month), 10 collection letters/month.

legalshield.com
7Small Business Preferred — $89.95/month or $1,079.46/year
ModelSubscriptionBilling cadenceAnnual
Notes

Includes all Basic features plus 12 lawyer letters/calls per year, 12 debt collection letters per year, document checks (35 pages each), IRS audit help (up to 45 hours), multi-state coverage (same EIN), business owner bundled coverage, 20% discount on additional services.

legalshield.com
8Small Business Pro — $169/month
ModelSubscriptionBilling cadenceMonthly
Notes

40 letters/calls per year (up to 10/month), 40 document reviews/year (up to 25 pages, up to 10/month), 15 collection letters/month. Flat fee services: Trademark/Copyright $250/year, Employee Handbook $500, Custom Contract Drafting (up to 25 pages) $250. IRS audit: 50 hours help, 5 hours representation/negotiation, 44 hours trial time. Full interstate service.

legalshield.com
9Small Business Premium — $152.95/month or $1,835.46/year
ModelSubscriptionBilling cadenceAnnual
Notes

Includes all Preferred features plus document checks (up to 50 pages), unlimited lawyer letters/phone calls, unlimited debt collection letters, IRS audit help (up to 90 hours), business owner bundled coverage for 2 named owners, 25% discount on additional services.

legalshield.com
10Commercial Drivers Legal Plan (CDLP) — $39.95/month
ModelSubscriptionBilling cadenceMonthly
Notes

Covers commercial driver and spouse. Moving violations defense, DOT and non-moving violations defense, driver's license reinstatement assistance (2.5 hours), criminal defense for death-related traffic accidents, property damage claims up to $2,000, personal injury claims up to $2,000, 25% discount on other transportation-related legal matters, MEMBERPerks.

legalshield.com
GTM typeB2B and B2C
B2B and B2C
Offering typeServices
Services
Core offering1 text field

LegalShield provides subscription-based legal service plans that give individuals, families, and small businesses access to a network of provider law firms for advice, consultations, document review, letter writing, and court representation. Members pay monthly fees and receive predefined legal services on demand, with add-on plans for specialized needs such as trial defense, gun ownership, rideshare drivers, and commercial drivers.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 8 values shown
  • 87% of HR leaders acknowledge caregiving impacts their workforce, yet fewer than 4 in 10 feel confident their benefits adequately address elder care needs
+7 more records
Product overview1 text field

LegalShield is a subscription-based legal services provider operating since 1972, offering access to a network of vetted law firms across the U.S. and Canada. The portfolio is organized into Personal Plans (Basic, Advanced, Premium), Small Business Plans (Basic/Essentials, Preferred/Plus, Premium/Pro), a specialized Commercial Drivers Legal Plan (CDLP), and a suite of add-on coverages (Trial Defense, Gun Owner, Home Business, Ride Share, Business Plus). All plans are built around unlimited lawyer consultations with no hourly fees on covered matters, supplemented by MEMBERPerks discounts, a Consumer Stress Legal Index research tool, and a mobile app. The company covers 4.5 million members and positions itself as an affordable alternative to traditional hourly-rate legal representation.

Product and service9 records
1LegalShield Personal Plan
CategoryConsumer Legal Subscription
2LegalShield Small Business Plan
CategoryBusiness Legal Subscription
3Commercial Drivers Plan
CategorySpecialty Legal Subscription
4Trial Defense Add-On
CategorySpecialty Legal Add-On
5Gun Owner Add-On
CategorySpecialty Legal Add-On
6Home Business Add-On
CategorySpecialty Legal Add-On
7Rideshare Add-On
CategorySpecialty Legal Add-On
8Business Plus Add-On
CategorySpecialty Legal Add-On
9MEMBERPerks
CategoryMember Benefits Program
Scale indicator7 records

Each record includes

Type, Value, Description, Source

Partnership1 partner
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-06-01
Description

LegalShield announced a partnership with Care.com's CareBenefits to introduce the Senior Care Advisor program within the 2027 National Enhanced Plan. The program provides LegalShield members with elder care guidance and access to social workers alongside LegalShield attorneys. The initiative responds to a 108% increase in elder care-related legal requests since 2022, addressing a critical gap where 87% of HR leaders acknowledge caregiving impacts their workforce but fewer than 4 in 10 feel confident their benefits adequately address elder care needs.

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

LawDepot offers subscription-based legal document preparation across wills, contracts, real estate, and business documents, targeting the same consumer and small business DIY legal segment that LegalShield addresses at its entry tiers.

TypeBroad incumbent
Description

MetLife Legal Plans is the largest U.S. group legal plans provider, sold as an employer-paid employee benefit. It competes with LegalShield in the B2B HR channel but is part of MetLife's broader benefits portfolio rather than a standalone consumer subscription business.

TypeEmerging player
Description

UpCounsel is an online marketplace connecting businesses with freelance attorneys for project-based legal work — overlapping with LegalShield's small business contract review, debt collection, and civil litigation support offerings.

TypeEmerging player
Description

DoNotPay is an AI-powered consumer legal assistant that automates tasks like disputing fees, canceling subscriptions, and contesting traffic tickets — directly overlapping the simplest, highest-volume use cases on LegalShield's Basic and entry-tier plans.

TypeBroad incumbent
Description

Avvo operates an online legal directory and Q&A platform that connects consumers with attorneys. It complements and competes with LegalShield's attorney access model by offering a different distribution mechanism for finding lawyers.

TypeDirect peer
Description

LegalZoom is the most direct competitor, offering subscription legal plans, business formation, and document services to consumers and small businesses — directly overlapping LegalShield's core personal and small business plan offerings and customer segments.

TypeDirect peer
Description

Rocket Lawyer provides online legal subscription services, document automation, and on-demand attorney access for individuals and small businesses, competing directly with LegalShield's prepaid legal plan model across nearly identical use cases.

TypeDirect peer
Description

Nolo provides legal self-help information, do-it-yourself legal forms, and attorney directories — covering many of the same everyday legal matters (estate planning, family law, small business) that LegalShield members access via their subscription.

TypeDirect peer
Description

ARAG is a global legal insurance provider offering group legal plans and legal expense insurance as employer benefits and individual subscriptions — overlapping directly with LegalShield's B2B HR channel and consumer subscription products.

TypeOthers
Description

Liberty Mutual and other insurance carriers have historically bundled or resold prepaid legal services as part of insurance products, serving as both a distribution partner and adjacent competitor for LegalShield's bundled consumer offerings.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses3 records

Each record includes

Headline, Details, Source

Competitive moat6 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers10 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment5 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles10 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
Compliance1 record

Each record includes

Name, Class, Description

Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds2 records

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors2 records

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

LegalShield

Legal Services Subscription / Legal Benefitslegalshield.com

LegalShield is a privately-held subscription legal services provider founded in 1972, serving approximately 4.5 million members across the U.S. and Canada through prepaid personal, small business, and commercial driver plans that connect subscribers to a vetted network of provider law firms.

What LegalShield does

LegalShield, legally Pre-Paid Legal Services, Inc. (PPLSI), is a privately-held subscription-based legal services provider founded in 1972 and headquartered in Ada, Oklahoma. The company delivers prepaid access to a vetted network of provider law firms across the United States and Canada, covering approximately 4.5 million members through personal plans (Basic $35.95/mo, Advanced $44.95/mo, Premium $53.95/mo), small business plans (Essentials $49/mo to Pro $169/mo), and a specialized Commercial Drivers Legal Plan ($39.95/mo), plus modular add-ons for trial defense, gun owner protection, home business, rideshare, and business-plus coverage. Revenue is generated through recurring monthly and annual subscriptions, with annual billing offering discounts and MEMBERPerks merchant discounts bundled into every plan. The underlying technology is a mobile-first platform with native iOS and Android apps that enable document submission, provider-law-firm communication, and on-demand service access.

Distribution is primarily direct-to-consumer via the LegalShield website and mobile apps, supplemented by an inside-sales phone channel and a B2B employer/HR benefits motion targeting workforce productivity and elder care benefit gaps. The company employs 501-1,000 people, has held SOC 3 certification for its 2025 service-organization controls, and operates without a public ticker or disclosed parent company. Recent strategic emphasis includes a partnership with Care.com's CareBenefits (announced June 2026) to launch a Senior Care Advisor program in the 2027 National Enhanced Plan, a new product vertical responding to a 108% increase in elder-care-related legal requests since 2022.

LegalShield firmographics

Firmographics
Name
LegalShield
Legal name
Pre-Paid Legal Services, Inc.
Website
https://legalshield.com
Company type
Private
Founded year
1972
Operating status
Operating
Headcount range
501–1,000 employees
Short description
LegalShield is a privately-held subscription legal services provider founded in 1972, serving approximately 4.5 million members across the U.S. and Canada through prepaid personal, small business, and commercial driver plans that connect subscribers to a vetted network of provider law firms.
Ownership category
akta.pro rank

LegalShield industry classification

Industry
Product category
Legal Services Subscription / Legal Benefits
NAICS
Legal Services (5411), Offices of Lawyers (54111)
SIC
Services-Legal Services (8111)
akta.pro primary industry
Personal Injury & Insurance Defense (BPAHAAAM)
akta.pro secondary industries
Family & Private Client (Trusts & Estates) Law (BPAHAAAK), Legal Collections & Litigation Support (Judgments, Garnishments) (FSAKAJAD)

Keywords

  • Legal subscription services
  • Prepaid legal plans
  • Consumer legal protection
  • Small business legal coverage
  • Legal benefits platform

Where LegalShield is headquartered

Location

Headquarters

HQ city
Ada
HQ country
United States
HQ region
North America

Markets served

LegalShield business model

Business model
GTM type
B2B and B2C
Offering type
Services
Cost components
Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

  1. Personal Legal Plan Subscriptions: Monthly and annual subscription fees for personal legal coverage. Plans range from Basic ($35.95/mo) to Premium ($59.95/mo) for individuals and families, covering unlimited legal consultations, document reviews, traffic ticket defense, estate planning, and more. Annual billing offers discounts. Add-on coverages (trial defense, gun owner, home business, rideshare) available at additional cost.
  2. Small Business Legal Plan Subscriptions: Monthly subscriptions for small businesses ranging from Basic ($59.95/mo) to Premium ($169.95/mo), providing unlimited legal consultations, document reviews, debt collection letters, contract review, IRS audit assistance, and trial defense hours.
  3. Commercial Drivers Legal Plan (CDLP): Dedicated subscription plan for commercial truck drivers at $39.95/month, covering moving violations defense, DOT violations, licensing issues, and tragic accident defense. Delivered by a legal department with over 30 years of commercial driver legal experience.
  4. MEMBERPerks: Discount program offering members savings on hundreds of popular brands, included with all plans. With over 4.5 million members, LegalShield negotiates volume discounts passed on to members.

Pricing tiers

ModelBillingPrice
SubscriptionAnnualPersonal Basic Plan — $35.95/month or $431.46/year
SubscriptionAnnualPersonal Advanced Plan — $44.95/month or $539.46/year
SubscriptionAnnualPersonal Premium Plan — $53.95/month or $647.46/year
SubscriptionMonthlySmall Business Basic (Essentials) — $49/month
SubscriptionAnnualSmall Business Basic — $53.95/month or $647.46/year
SubscriptionMonthlySmall Business Plus — $99/month
SubscriptionAnnualSmall Business Preferred — $89.95/month or $1,079.46/year
SubscriptionMonthlySmall Business Pro — $169/month
SubscriptionAnnualSmall Business Premium — $152.95/month or $1,835.46/year
SubscriptionMonthlyCommercial Drivers Legal Plan (CDLP) — $39.95/month

Go-to-market motion1 record

Distribution channels4 records

Marketing channels10 records

LegalShield product offering

Product offering

Core offering

LegalShield provides subscription-based legal service plans that give individuals, families, and small businesses access to a network of provider law firms for advice, consultations, document review, letter writing, and court representation. Members pay monthly fees and receive predefined legal services on demand, with add-on plans for specialized needs such as trial defense, gun ownership, rideshare drivers, and commercial drivers.

Product overview

LegalShield is a subscription-based legal services provider operating since 1972, offering access to a network of vetted law firms across the U.S. and Canada. The portfolio is organized into Personal Plans (Basic, Advanced, Premium), Small Business Plans (Basic/Essentials, Preferred/Plus, Premium/Pro), a specialized Commercial Drivers Legal Plan (CDLP), and a suite of add-on coverages (Trial Defense, Gun Owner, Home Business, Ride Share, Business Plus). All plans are built around unlimited lawyer consultations with no hourly fees on covered matters, supplemented by MEMBERPerks discounts, a Consumer Stress Legal Index research tool, and a mobile app. The company covers 4.5 million members and positions itself as an affordable alternative to traditional hourly-rate legal representation.

Differentiator

Problem solved

Functional benefit

Products and services

  • LegalShield Personal Plan
  • LegalShield Small Business Plan
  • Commercial Drivers Plan
  • Trial Defense Add-On
  • Gun Owner Add-On
  • Home Business Add-On
  • Rideshare Add-On
  • Business Plus Add-On
  • MEMBERPerks

Quantifiable outcome

  • 87% of HR leaders acknowledge caregiving impacts their workforce, yet fewer than 4 in 10 feel confident their benefits adequately address elder care needs
  • +7 more outcomes

Companies that use LegalShield

Customer profile

Named customers10 records

Segments5 records

Ideal customer profiles3 records

LegalShield technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

LegalShield partnerships and signals

Strategic signal

Partnerships

One partnership is on record.

  • Care.com (CareBenefits)coreStrategic or Co-development Partner · 1 June 2026LegalShield announced a partnership with Care.com's CareBenefits to introduce the Senior Care Advisor program within the 2027 National Enhanced Plan. The program provides LegalShield members with elder care guidance and access to social workers alongside LegalShield attorneys. The initiative responds to a 108% increase in elder care-related legal requests since 2022, addressing a critical gap where 87% of HR leaders acknowledge caregiving impacts their workforce but fewer than 4 in 10 feel confident their benefits adequately address elder care needs.

Scale indicators7 records

Recent moves6 records

Expansion highlights5 records

LegalShield competitors and assessment

Company assessment

Direct peers

  • LawDepot: LawDepot offers subscription-based legal document preparation across wills, contracts, real estate, and business documents, targeting the same consumer and small business DIY legal segment that LegalShield addresses at its entry tiers.
  • LegalZoom: LegalZoom is the most direct competitor, offering subscription legal plans, business formation, and document services to consumers and small businesses — directly overlapping LegalShield's core personal and small business plan offerings and customer segments.
  • Rocket Lawyer: Rocket Lawyer provides online legal subscription services, document automation, and on-demand attorney access for individuals and small businesses, competing directly with LegalShield's prepaid legal plan model across nearly identical use cases.
  • Nolo: Nolo provides legal self-help information, do-it-yourself legal forms, and attorney directories — covering many of the same everyday legal matters (estate planning, family law, small business) that LegalShield members access via their subscription.
  • ARAG: ARAG is a global legal insurance provider offering group legal plans and legal expense insurance as employer benefits and individual subscriptions — overlapping directly with LegalShield's B2B HR channel and consumer subscription products.

Broad incumbents

  • MetLife Legal Plans: MetLife Legal Plans is the largest U.S. group legal plans provider, sold as an employer-paid employee benefit. It competes with LegalShield in the B2B HR channel but is part of MetLife's broader benefits portfolio rather than a standalone consumer subscription business.
  • Avvo: Avvo operates an online legal directory and Q&A platform that connects consumers with attorneys. It complements and competes with LegalShield's attorney access model by offering a different distribution mechanism for finding lawyers.

Emerging players

  • UpCounsel: UpCounsel is an online marketplace connecting businesses with freelance attorneys for project-based legal work — overlapping with LegalShield's small business contract review, debt collection, and civil litigation support offerings.
  • DoNotPay: DoNotPay is an AI-powered consumer legal assistant that automates tasks like disputing fees, canceling subscriptions, and contesting traffic tickets — directly overlapping the simplest, highest-volume use cases on LegalShield's Basic and entry-tier plans.

Others

  • Liberty Mutual Insurance (LegalShield partnership channel): Liberty Mutual and other insurance carriers have historically bundled or resold prepaid legal services as part of insurance products, serving as both a distribution partner and adjacent competitor for LegalShield's bundled consumer offerings.

Market position

Strengths5 records

Weaknesses3 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

LegalShield social profiles

Digital presence

LegalShield compliance and trust

Trust signal

Compliance1 record

LegalShield financial estimates

Financial estimate

Revenue estimate

Valuation estimate

LegalShield leadership team

Management profile

Number of profiles

Profiles10 records

LegalShield funding detail

Funding detail

Funding overview

Funding rounds2 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

LegalShield M&A and investment

M&A and investment

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about LegalShield

What does LegalShield do?

LegalShield provides subscription-based legal service plans that give individuals, families, and small businesses access to a network of provider law firms for advice, consultations, document review, letter writing, and court representation. Members pay monthly fees and receive predefined legal services on demand, with add-on plans for specialized needs such as trial defense, gun ownership, rideshare drivers, and commercial drivers.

Is LegalShield a public or private company?

LegalShield is a private company. It is classified as private equity controlled and is currently operating.

When was LegalShield founded?

LegalShield was founded in 1972. It employs 501 to 1,000 people.

Where is LegalShield based?

LegalShield is headquartered in Ada, United States, in the North America region.

How does LegalShield make money?

Four revenue lines are on record. Personal Legal Plan Subscriptions are the primary driver. The others are small Business Legal Plan Subscriptions, commercial Drivers Legal Plan (CDLP) and MEMBERPerks.

Who are LegalShield's main competitors?

Direct peers on record are LawDepot, LegalZoom, Rocket Lawyer, Nolo and ARAG. Broad incumbents are MetLife Legal Plans and Avvo. Emerging players are UpCounsel and DoNotPay. Liberty Mutual Insurance (LegalShield partnership channel) is listed as an others.

Does LegalShield have an API?

No public API is recorded for LegalShield.

What industry is LegalShield in?

LegalShield's product category is Legal Services Subscription / Legal Benefits. Its primary akta.pro industry code is BPAHAAAM, Personal Injury & Insurance Defense, with a secondary code of BPAHAAAK, Family & Private Client (Trusts & Estates) Law. Its NAICS code is 5411 and its SIC code is 8111.

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Live signals
StonepointStone Point Capital to Acquire Majority Stake in LegalShield from MidOcean PartnersStone Point Capital agreed to acquire a majority stake in LegalShield from MidOcean Partners, with the deal expected to close in Q2 2018. Financial terms were not disclosed, and LegalShield's management will co-invest alongside Stone Point and MidOcean, which retains a minority stake.MorningstarTwo-thirds of parents are failing at this vital safety measure for their childrenA LegalShield study found that 65% of parents with children under 18 had not named a standby guardian in a properly signed, witnessed and notarized will, with 19% undecided and 18% procrastinating. The article notes that without a designation, courts default to blood relatives, and that 35% of parents had set up a will naming a guardian, compared with 30% nationally.MorningstarTwo-thirds of parents don't have this vital document they need in case of emergencyA LegalShield study found that 65% of parents with children under 18 had not named a guardian in a will, with 19% unable to decide and 18% procrastinating, while a third were confused about the process. The article notes that without a designation, courts default to blood relatives, and that 35% of parents had set up a will naming a guardian, compared with 16% having a power of attorney.CNBCCan a prenup protect you from a partner’s debt?The article explains that prenuptial agreements can help couples keep individual debts separate and define how liabilities are handled during marriage or divorce, though they may not always prevent creditors from pursuing jointly owned assets. It outlines the legal complexities of debt in community property states and details various methods for obtaining a prenup, ranging from traditional lawyers to online platforms like Neptune, HelloPrenup, and LegalShield. The piece also lists standard financial provisions covered by prenups, such as asset division, spousal support, and business ownership.YahooKevin O'Leary raises stark concern about inflationKevin O'Leary warned that despite S&P 500 companies posting record-breaking profits with an 86% earnings beat rate in the second quarter, these gains have not benefited ordinary households due to persistent inflation remaining above 3%. Data from FactSet shows a 50.4% blended earnings growth rate for the index, while LegalShield's Consumer Stress Legal Index indicates rising financial strain among consumers, highlighting a widening gap between corporate performance and household budgets.FinancialContent Business PageCome for the Will, Stay for the Trust: Trusts Up 7x in a Decade According to LegalShield IntelligenceLegalShield Intelligence released data showing estate planning drives 1 in 6 legal inquiries among its members, with trust-related inquiries surging seven-fold over the past decade and now accounting for nearly one in five estate planning calls. A new LegalShield survey found 70% of Americans prefer having an attorney involved in creating wills and estate planning documents, nearly doubling from 39% in 2023, while 94% believe a will is important but only 46% actually have one. The report comes as Cerulli Associates projects $124 trillion will transfer between generations in the U.S. through 2048 during the Great Wealth Transfer, with more than $1 trillion expected to move annually by the early 2030s.FinancialContent Business PageLegalShield Foreclosure Index Hits Six-Year High as Expired FHA Relief Comes DueLegalShield's Consumer Stress Legal Index for Q2 2026 shows foreclosure pressure building to its highest level since March 2020, with the Foreclosure Index up 12.2% year-over-year and the Bankruptcy Index up 28.7% year-over-year—the largest annual increase of any tracked category. The company attributes the surge to the expiration of pandemic-era FHA relief programs last fall, which has led borrowers to exhaust loss-mitigation options and increasingly seek legal counsel. The data, which historically precedes actual filings by one to two quarters, reveals widening household financial strain concentrated in the South and Midwest regions.MorningstarLegalShield Foreclosure Index Hits Six-Year High as Expired FHA Relief Comes DueLegalShield's Consumer Stress Legal Index rose 9.4% year over year in Q2 2026, with the Foreclosure Index up 12.2% and Bankruptcy Index up 28.7%. The company attributes the increase to expired pandemic-era FHA relief and rising escrow costs, with actual filings expected to follow within one to two quarters.Business Wire BlogNew LegalShield Research: More Than Half of Sandwich Generation Workers Are Managing a Parent's Care While on the JobLegalShield released survey research showing that over 50% of working adults aged 40-60 are actively coordinating a parent's care while employed, with nearly two-thirds spending six or more hours monthly on caregiving tasks during work hours. The research also found that 87% of HR leaders acknowledge caregiving impacts their workforce, yet fewer than 4 in 10 feel confident their benefits adequately address elder care needs. The company announced a partnership with Care.com's CareBenefits to launch a Senior Care Advisor program as part of its 2027 National Enhanced Plan.FinancialContent Business PageNew LegalShield Research: More Than Half of Sandwich Generation Workers Are Managing a Parent's Care While on the JobLegalShield released survey data showing that more than half of working adults aged 40 to 60 are actively coordinating a parent's care, with nearly two-thirds spending six or more work hours monthly on caregiving tasks and over half spending $5,000 or more of their own money in the past year. Elder care-related legal requests to LegalShield provider firms have more than doubled since 2022, up 108%, as working Millennials and Gen X members increasingly seek help with powers of attorney, healthcare directives, and estate planning. LegalShield announced a partnership with Care.com's CareBenefits to launch a Senior Care Advisor program in 2027, providing employees access to social workers alongside LegalShield attorneys.