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    Re: Would Legal Insurance boost employment?

    Posted by Insurance Guru on 8/19/06

    It exists. Hyatt Legal. PPLSI. The reimbursement sucks
    I've been told. Join the state bar referral service. It
    should help. If not, do docuprep.
    On 8/19/06, Still Looking wrote:
    > If one only includes legal employment, then approximately
    > 50&37; of licensed attorneys in the U.S. are unemployed as
    > lawyers. Of those perhaps half would like to practice law
    > but are either unable to secure associates positions or
    > establish viable practices. Now I believe one of the
    > great boons to the healthcare professions has been the
    > rise of health insurance in the latter half of the 20th
    > century, thus drastically reducing out of pocket expenses
    > for the American consumer. Realistically, would people
    > really spend money on the annual physical, when feeling
    > healthy, if it were not covered? I doubt it. A similar
    > situation is arising for dental insurance. The dental
    > profession was in serious decline about 20 years ago, but
    > the expansion of dental insurance has given the profession
    > a major boost. Same with optical insurance.
    >
    > Now whenever the idea of legal insurance arises, it is
    > always immediately squashed. Unethical. Unnecessary.
    > With the out of pocket system now in place however, how
    > many people actually use lawyers. I would say very few
    > unless their situation is so dire, that they are forced
    > to. If legal insurance existed, people could consult a
    > general practitioner, every one to two years let's say.
    > The generalist would review his client's general
    > situation, i.e estate planning, real estate, areas of risk
    > or concern. For minor issues such as a simple will, the
    > generalist may prepare this themselves, for more complex
    > areas the matter could be referred to a specialist.
    > Eventually the generalist may want to specialize
    > themselves. The insurance wouldn't even have to offer
    > full coverage, it could have maximum annual benefits for
    > example and co-payments and deductibles. As long as the
    > public felt that they were going to get assistance and not
    > socked with a bill for $1000 for a half day's worth of
    > work, I think many more people would utilize attorneys.

    Posts on this thread, including this one
  • Would Legal Insurance boost employment?, 8/19/06, by Still Looking.
  • Re: Would Legal Insurance boost employment?, 8/19/06, by Insurance Guru.
  • Re: Would Legal Insurance boost employment?, 8/19/06, by rrr.
  • Re: Would Legal Insurance boost employment?, 8/19/06, by Still Looking.
  • Re: Would Legal Insurance boost employment?, 8/20/06, by rrr.


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