Business Legal Protection · LegalShield
Legal backup for your business, before a problem grows
Licensed advisor, in your language
With a LegalShield Small Business Legal Plan, your company gets direct access to a provider law firm for a fixed monthly fee: to review what you sign, collect what you are owed and decide with confidence. Carlos J. Torres, owner of Latin Prime Financial Group, is an independent associate of LegalShield and walks you through each plan in English or Spanish.
Since 1972
LegalShield has provided access to provider law firms
140,000
businesses in North America, per LegalShield
Up to 10
authorized users, depending on the plan
Legal is part of running your business
In a LegalShield survey of 299 small business owners and managers in the U.S. (April 2025):
- 83% say legal services are important, but 60% do not have an attorney because of perceived cost and complexity.
- 40% lost revenue opportunities because of legal uncertainty.
- 47% lost at least $500 to legal issues, and 1 in 5 lost $5,000.
- 25% spend 3 to 5 hours a week on legal matters.
- 61% worry about accidental violations.
How much time and money does it cost your business today to have no one to ask?
Source: LegalShield survey of 299 small business owners and managers in the U.S., completed April 5, 2025. Full details at the bottom of the page.
What is a small business legal plan?
Hiring a law firm by the hour can get expensive, and doing it yourself leaves gaps. A LegalShield Small Business Legal Plan gives your company direct access to an experienced provider law firm for a monthly fee. They are attorneys who understand how businesses run, so you can make informed decisions and handle issues before they escalate.
It is a membership, not insurance: it includes the benefits each plan defines, such as consultations, letters, document review, trial defense hours and IRS audit support. Each plan covers one business (one EIN), and the law firm is assigned based on the state where your business physically operates. You can call the firm directly or use the LegalShield app.
Carlos J. Torres, owner of Latin Prime Financial Group, is an independent associate of LegalShield. Latin Prime is not a law firm and does not give legal advice: we explain the plans and help you enroll. Legal services are provided by the provider law firms in the LegalShield network.
Choose the plan for your business
Three levels with a fixed monthly price. In a free appointment we help you pick the one that fits, without paying for more than you need.
Basic
For what your business needs today.
- Up to 2 authorized users
- 6 lawyer letters or calls a year
- 6 document reviews (up to 25 pages)
- 6 debt collection letters a year
- 15 hrs of IRS audit support a year
- 10 hrs of trial defense in year 1, plus 2 pre-trial
Preferred
A balance of coverage and flexibility.
- Up to 5 authorized users
- 3 focused 30-min consultations a year
- 12 letters or calls and 12 document reviews (up to 35 pages)
- 12 debt collection letters a year
- 45 hrs of IRS audit support a year
- 15 hrs of trial defense in year 1, plus 3 pre-trial
- Unlimited e-signatures and 10 notarizations
Premium
The broadest coverage of the three, with room to grow.
- Up to 10 authorized users
- 6 focused 30-min consultations a year
- Unlimited letters, calls and collection letters, multi-state
- 100 document reviews (up to 50 pages)
- 90 hrs of IRS audit support a year
- 20 hrs of trial defense in year 1, plus 4 pre-trial
- Coverage for up to 2 owners
Official LegalShield monthly prices (sheet dated Nov 6, 2026). Business Plus can be added for $14.95 a month. Trial defense hours increase over the first 5 years of membership. Each plan covers one business (1 EIN). Availability varies by state and plans are not available in Puerto Rico; in New York, trial defense and IRS services are $50 per scheduled hour.
Compare the 3 plans
Official LegalShield prices and benefits (sheet dated November 6, 2026). Each plan covers one business (1 EIN).
| Basic | Preferred | Premium | |
|---|---|---|---|
| Monthly price | $49.95 | $99.95 | $149.95 |
| Authorized users | Up to 2 | Up to 5 | Up to 10 |
| Core legal support | |||
| Advice & consultation | ✓ Multi-state | ✓ Multi-state | ✓ Multi-state |
| Focused 30-min consultations (per year) | 3 | 6 | |
| Legal research (1 hr per matter) | ✓ In-state only | ||
| Lawyer letters & calls (per year) | 6 | 12 (1 multi-state) | Unlimited, multi-state |
| Document review (per year) | 6 docs, up to 25 pages | 12 docs, up to 35 pages (1 multi-state) | 100 docs, up to 50 pages, multi-state |
| Debt collection letters (per year) | 6 | 12 | Unlimited, multi-state |
| Civil trial defense (year 1)* | 10 hrs trial + 2 pre-trial | 15 hrs trial + 3 pre-trial | 20 hrs trial + 4 pre-trial |
| IRS audit support (per year) | 15 hrs | 45 hrs | 90 hrs |
| Business Health Check (per year) | 1, after 6 months | 1 | 2 |
| Tools & benefits | |||
| E-signatures (per year) | 1 | Unlimited | Unlimited |
| Online notarizations (per year) | 1 | 10 | Unlimited |
| Discount on additional legal services | 15% | 20% | 25% |
| MEMBERPerks | |||
| Business Owner Coverage (with a personal legal plan) | |||
| Designated business owners | Up to 1 | Up to 1 | Up to 2 |
| Personal legal consultation tied to the business | |||
| Document review, IRS and trial defense | Per your personal plan | Per your personal plan | Per your personal plan |
| Optional add-on | |||
| Business Plus Supplement | +$14.95/mo | +$14.95/mo | +$14.95/mo |
*Trial defense hours increase over the first five years of membership. Business Owner coverage applies when combined with a LegalShield Personal Plan and must be activated. Focused consultations cover: tax, copyright, trademark, patents, securities, intellectual property, antitrust and immigration. In New York, trial defense and IRS audit services are at a flat $50 per scheduled hour. MEMBERPerks is operated by PerkSpot, offers and vendors are subject to change without notice.
Trial defense hours, year by year
If your business is named as a defendant in a civil action (state or federal court) filed during your membership year. Trial hours / pre-trial hours.
| Membership year | Basic | Preferred | Premium |
|---|---|---|---|
| Year 1 | 10 / 2 | 15 / 3 | 20 / 4 |
| Year 2 | 20 / 4 | 30 / 6 | 40 / 8 |
| Year 3 | 30 / 6 | 45 / 9 | 60 / 12 |
| Year 4 | 40 / 8 | 60 / 12 | 75 / 16 |
| Year 5+ | 50 / 10 | 75 / 15 | 90 / 20 |
The action must be filed during the membership year. If there is more than one in a year, unused hours from one matter can apply to the next, but they do not carry beyond the membership year. The plan must stay active, with no lapse, while the action is pending. Source: LegalShield, Small Business Trial Defense Hours (2026).
IRS audit support
For an audit, investigation or examination of your business’s federal return.
| Basic | Preferred | Premium | |
|---|---|---|---|
| Total per year | 15 hrs | Up to 45 hrs | Up to 90 hrs |
| Pre-trial (consultation and advice) | 5 hrs | 25 hrs | 50 hrs |
| If the matter goes to court | 10 hrs | Up to 20 hrs | Up to 40 hrs |
On Preferred and Premium, 2 of the pre-trial hours can be used for representation and negotiation with the IRS or to appear at IRS offices. On Basic, coverage begins with a return filed in the same year as the membership’s effective date. Source: LegalShield official plan sheets (2026).
How it works
From a question to having someone to call, in a few steps.
We review your business
In a free appointment we look at how many contracts you sign, whether you collect from clients and how fast you are growing, to pick the plan that fits.
You enroll
With the business’s EIN or registration number. You choose the authorized users who can talk to the firm.
Your firm is assigned
The provider law firm is the one in the state where your business physically operates.
You use your benefits
Call or use the app for consultations, letters, document review and the rest of your plan.
You activate owner coverage
If you also have a personal legal plan, activate it in your profile to cover personal matters tied to the business.
Carlos J. Torres
Licensed agent · Founder
The person you meet in the consultation. In your language, no middlemen, no sales script.
NPN 16975302
The 10 most common legal issues for a business
Where a small business usually needs an attorney, according to LegalShield.
HR and employment matters
Debt collection
Disputes with customers, vendors and suppliers
Protecting assets from business risks
Business plans and succession planning
Contract and document review
Leasing space and equipment
Tax codes and audits
Consumer protection law
Reviewing policies and procedures as regulations change
Source: LegalShield, “10 Small Business Challenges” (2026). Coverage for each matter depends on the plan and its terms.
Coverage for you as the owner
Your personal and business lives are connected: if you are named personally in a business dispute, it rarely stays on one side. With a business plan plus a LegalShield personal legal plan, you can designate yourself (or an eligible co-owner) to receive personal legal services on business-related matters, at no extra cost.
Legal consultations on personal matters tied to the business, including where your personal liability overlaps with the business.
Trial defense if you are personally named in a business-related lawsuit, using your personal plan’s hours, separate from the business’s.
IRS audit support for your personal return related to the business, with your personal plan’s hours.
Document review where you are personally named, such as business formation or future-planning documents.
Requirements: an active small business plan and an active personal legal plan (yours or your spouse’s). One personal plan works for all your business plans.
It must be activated: at legal.legalshield.com or in the app, under My Business Profile › Manage People › Business Owner coverage activation. If the plan covers 2 owners, each activates their own.
Does not apply to criminal charges, arbitration or mediation, government actions beyond an IRS audit, lawsuits or IRS matters that existed before activation, matters where you already hired another attorney, or fines, penalties and court costs. Trial defense hours from the two plans do not combine, and if you and the business are on opposite sides of a dispute, the plan does not represent both. Source: LegalShield, Business Owner Coverage (2026).
What the plan does for your business
- Consultations with the firm on business legal matters, on an unlimited number of matters, including pre-existing ones
- Up to 1 hour of legal research per covered matter
- Letters and calls from an attorney on behalf of your business
- Review of contracts and documents before you sign
- Collection letters to help recover past-due payments
- Trial defense hours if your business is sued in a civil action, increasing over the first 5 years
- IRS audit support for your business’s federal return
- A review of your business’s legal and compliance standing (Business Health Check)
- E-signatures and online notarizations for business documents
- A 15%, 20% or 25% discount (by plan) on legal services outside the plan
Before you enroll, keep in mind
- Only for legal, for-profit, non-publicly traded businesses with fewer than 250 employees and an EIN or registration number.
- One plan covers one business (one EIN). A holding company counts as one business; each entity under it needs its own plan.
- The plan is purchased in the state where the business is physically located, and that state determines the provider law firm.
- Plans and certain benefits are not available in all states, and not in Puerto Rico. We confirm availability in your state before you enroll.
- It is a membership, not insurance: benefits, hours and conditions are those in your state’s plan contract.
- Pay monthly or annually by bank draft or card, and cancel anytime by calling LegalShield at 1-800-654-7757.
Myths and facts
What people say vs. what is actually true.
You only need an attorney when you get sued.
Prevention helps most: reviewing a contract or a lease before you sign it.
It is insurance that pays for any case.
It is a membership with benefits and hours defined by the plan; it does not cover everything without limit.
It is only for big companies.
It is designed for for-profit businesses with fewer than 250 employees.
If my business deals with another state, it will not help.
All three plans include multi-state consultation; Premium also covers out-of-state services.
Is it right for your business?
It makes sense if...
- You sign contracts, leases or agreements with clients and vendors
- Clients owe you money and you want collection letters from an attorney
- You have employees or contractors and worry about employment issues
- You want backup if the IRS audits your business return
- You would rather prevent than pay by the hour once a problem grows
It may not be what you need if...
- Your organization is nonprofit or publicly traded (it does not qualify)
- Your business is in Puerto Rico (not available)
- You already have a lawsuit in progress and need a dedicated attorney for it
Free consultation
Talk to an advisor, free and in your language
Leave your info and a licensed advisor will contact you to review your options. No obligation.
- 100% free consultation, no obligation
- We help you in Spanish or English
- We reply within 24 hours
Tell us your case
Fill out the form and we will contact you for your free consultation.
Frequently asked questions
How much does a legal plan for my business cost?
LegalShield offers three small business plans: Basic $49.95, Preferred $99.95 and Premium $149.95 a month. The Business Plus Supplement is an extra $14.95 a month. In New York, trial defense and IRS audit services are at a flat $50 per scheduled hour.
Which plan fits my business?
Basic usually fits current needs; Preferred balances coverage and flexibility; Premium gives the strongest protection and room to grow. In the free appointment we look at how many contracts you sign, whether you collect from clients and how much risk your business carries.
Which businesses qualify?
Legal, for-profit, non-publicly traded businesses with fewer than 250 employees and an EIN or registration number. Nonprofits and publicly traded entities do not qualify. Not available in Puerto Rico.
Can I ask about a matter in another state?
Yes. All three plans include multi-state consultation. Preferred also includes one out-of-state letter or call and one out-of-state document review per year, and Premium covers services both in and out of state.
Who can talk to the firm on behalf of the business?
Authorized users: owners, partners, officers or employees with authority to legally bind the business. Up to 2 on Basic, 5 on Preferred and 10 on Premium, and at least one must be able to legally bind the business.
What is the Business Plus Supplement?
For an extra $14.95 a month: unlimited business consultations (HR, business plans, marketing, customers, hiring or finance) answered within 48 hours (72 if sent Friday or Saturday); a library of business forms such as promissory notes, confidentiality and non-compete agreements; a website builder with e-commerce and no hosting costs; and a CRM tool.
Does the plan cover me as the owner?
Only if you also have a LegalShield personal legal plan (yours or your spouse’s) and activate Business Owner coverage. You then receive personal legal services on business-related matters at no extra cost. Up to 1 owner on Basic and Preferred, and up to 2 on Premium.
Can I form my company or plan succession with the plan?
Business formation is available at a discounted rate. For succession, the plan includes the consultation and document check (within your plan’s page limit), with the rest at a discounted rate.
Are e-signatures and notarizations for the business?
Yes, they are part of the membership and are used for business documents: 1 a year on Basic; unlimited e-signatures and 10 notarizations on Preferred; unlimited on Premium.
Is Latin Prime a law firm?
No. Carlos J. Torres, owner of Latin Prime Financial Group, is an independent associate of LegalShield. We explain the plans and help you enroll; legal services are provided by the provider law firms in the LegalShield network.
Educational content; not legal advice. Carlos J. Torres, owner of Latin Prime Financial Group, is an independent associate of LegalShield; neither he nor the agency is a law firm or provides legal services. Prices, benefits, hours and availability are set by LegalShield and may change; plans are not available in all states or in Puerto Rico. MEMBERPerks is operated by PerkSpot, offers and vendors are subject to change without notice. Statistics: LegalShield surveyed 299 small business owners and managers across the U.S., completed on April 5, 2025. Respondents ranged in age from 25–80 years, balanced according to basic U.S. Census demographic data. The sample included representation from all U.S. regions. All respondents self-identified as owners or managers of small-to-medium businesses. LegalShield® is a registered trademark of Pre-Paid Legal Services, Inc. ("LegalShield"). This is a general overview of the Small Business Legal Plans available from LegalShield for illustration purposes. LegalShield provides access to legal services offered by a network of provider law firms to its members through membership-based participation. Neither LegalShield nor its officers, employees or sales associates directly or indirectly provide legal services, representation, or advice. Small Business Legal Plans and certain benefits are not available in all states. See a Small Business Legal Plan contract for a specific state for complete terms, coverage, amounts, and conditions.
You may also need
More protection for you, your family and your business.
Which plan fits your business?
Book a free appointment in English or Spanish. We review how your business operates and show you the plan that fits, without paying for more than you need.
Prefer to text? Send us your question on WhatsApp (786) 882-8833. If you then want an appointment, we set it up with you on Zoom.