Friday, September 10, 2010

Pre-paid legal fees upfront - Dallas Business Journal

By Kerri Panchuk

Dallas has an untapped market for lawyers in the pre-paid legal services segment, says Harland Stonecipher, CEO of Ada, Okla.-based Pre-Paid Legal Services.


“The only people who can afford lawyers today are the top 10 percent, and the bottom 10 percent who have access to public defenders,” he said.

This leaves the middle, which is most of the nation, he told the Dallas Business Journal during an interview Thursday morning. Stonecipher says 80 percent of all families — most of the nation — cannot afford legal services for even the most basic of needs. This means everything from real estate transactions, leases, divorces and foreclosures are throwing many families for a loop.

To read the entire article, click here - http://dallas.bizjournals.com/dallas/blog/2010/09/pre-paid_legal_fees_upfront.html

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