LegalShield is also available as an iOS and Android mobile app that can be helpful to entrepreneurs and members who might need immediate legal assistance in the comforts of where they are. Sportsman's Motor Club was created to assist its members with legal concerns and other legal related services. Thus, the beginning of their 4-decade old cause. He was then required to hire a lawyer to defend himself in court and struggled to pay the associated legal fees. The story goes that although the other party was at fault, they were the ones who filed a suit against Harland. Because unfortunately, Harland passed away due to heart failure on November 10, 2014.Īpparently, Harland Stonecipher’s inspiration when he created LegalShield’s predecessor the Sportsman's Motor Club was formed due to the car accident that he was involved in in 1969. The company has already been operating for more than 40 years and Harland Stonecipher served as the company's founding president and chief executive officer until 2014. Well, that’s a pretty good shift from the Life Insurance aspect but I could say that the niche is still somehow connected or alike, other than the protection is for legal matters. With regards to Harland Stonecipher who was LegalShield’s founder, he happens to be a life insurance salesman from Ada, Oklahoma. LegalShield began incorporating the MLM business platform way back in 1983 and apparently, it was the first company in the United States to provide pre-paid legal plans and services for individuals. Pre-Paid Legal went from being traded on the New York Stock Exchange back to being a private company due to the acquisition. from 1976 up until its acquisition by MidOcean Partners in 2011 where the company officially announced that it would change its name to “LegalShield” as an overall rebranding initiative. It was named Pre-Paid Legal Services, Inc. In 1976, it was incorporated as Pre-Paid Legal Services, Inc., and it made its initial public offering in 1984.
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