Maybe, maybe not. There are definitely times when having legal insurance can be a better option for your business, opposed to hiring a law firm. Other times though, having such is a waste of money.It all depends on what your company's legal needs are. If you only need occasional quick consultations, then legal insurance could be a convenient solution.
However, it does not give you your very own attorney who works with you proactively.
When signing up for legal insurance, ask questions and ask for references. In addition, shop around. There are at least two reputable companies that offer these services: Pre-Paid Legal Services, Inc. and ARAG Insurance Company.
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