LegalShield
How we got $355K
Based on typical figures for its industry (2022 Economic Census), not its own records.
What we know
Signs of a sale Some signs of a sale
- In business 25 years (since 2001)
From public records and the company's website, not a statement that it's for sale.
What they do
LegalShield is a pre-paid monthly legal subscription service that connects members with a network of vetted provider law firms for personal and business legal issues. It serves individuals, families, and small businesses across the United States and parts of Canada.
From the company's website. Industry: Law firms.
Ownership & transactions
- Majority investment from Stone Point Capital · Feb 2018Stone Point Capital agreed to acquire a majority stake in LegalShield of Ada, Oklahoma from MidOcean Partners, with Further Global also involved as a private equity buyer.Source
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- HS-REAL ESTATE INC · Norman, 59 mi · $311.2M
- WATERMARK CANTERBURY, LLC · Oklahoma City, 77 mi · $132.9M
- COATES FIELD SERVICE, INC. · Oklahoma City, 73 mi · $107.7M
- PRICE EDWARDS & COMPANY, INC · Oklahoma City, 70 mi · $67.0M
- STEVEN B HOMES INC · Oklahoma City, 73 mi · $56.8M
Employees over time
▼ 17% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | Form 5500 | 715 | $191.9M |
| 2021 | Form 5500 | 673 | $180.6M |
| 2022 | Form 5500 | 681 | $182.7M |
| 2023 | Form 5500 | 614 | $164.8M |
| 2024 | Form 5500 | 593 | $159.1M |
Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| LegalShield this business | $942K | — |
| Pplsi (legalshield) Ada | $942K | 0.3 mi |
| LAW OFFICE OF JOSHUA A. EDWARDS, PLLC Ada · 1 employees | $466K | 1.1 mi |
| WM. BAILEY COOK III P.C. Ada · 2 employees | $643K | 1.8 mi |
| LAW OFFICE OF JAMES R NEAL, PLLC Ada · 6 employees | $1.2M | 2.4 mi |
| Keith Miller Bail Bonds Ada | $942K | 2.6 mi |
| D.CRAIG SHEW, PLLC Ada · 1 employees | $271K | 2.7 mi |
The full calculation
Figures are shown toward the upper part of their range rather than at its middle.
Brought up to date assuming revenue has grown 8% a year since 2020, when the PPP figures were reported; included above.
| Estimated value = EBITDA × typical sale multiple | $355K |
| Multiple for this size and industry | 1.9× |
| Value range | $124K – $591K |
This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Legal Services businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (20%). Treat these as a rough guide.
| Revenue range | $411K – $1.3M |
| EBITDA range | $81K – $259K |
| Industry (NAICS) | Legal Services (5411) |
EBITDA margin: from IRS tax returns of S corporations in this industry (2019–2022), adjusted for company size: smaller companies typically run higher margins. EBITDA here is after owners' salaries.
Benchmarks: US Economic Census 2022. These are statistical estimates, not reported financials. Listing details come from Overture Maps open data. Full methodology
People & advisors
“For over 50 years, LegalShield has made it affordable and easy for its members to connect with its network of vetted, dedicated law firms across the United States and parts of Canada.”
Leadership
- ACAnthony ConteChief Financial Officer · From a web search · source
- SWSteve WilliamsonChief Financial Officer · From a web search · source
- SCScott ClaytonChief Product Officer · From a web search · source
Advisors
- AccountingSchmidtlein & Associates,CPA'S, P.AAudits its 401(k) plan (2024 filing)
From the company's own website and public filings (DOL Form 5500, IRS Form 990, SBA). Roles are as stated there and may be out of date.
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About LegalShield
LegalShield is a law firms company in Ada, Oklahoma, in business since 2001. It is owned by Dan Lear (Vice President of Lawyer Services Relations). Its estimated annual revenue is about $942K, with roughly $187K of EBITDA. It has about 593 employees. Its estimated business value is $355K (likely range $124K–$591K).
Common questions
- Who owns LegalShield?
- LegalShield is owned by Dan Lear (Vice President of Lawyer Services Relations), according to public sources such as the company's website or filings.
- How much revenue does LegalShield make?
- SeeBITDA estimates LegalShield's annual revenue at about $942K (likely between $411K and $1.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is LegalShield worth?
- About $355K, roughly 1.9× its estimated EBITDA of $187K, typical for a law firms company its size. Likely range: $124K–$591K.
- How many employees does LegalShield have?
- About 593, from its 2024 retirement-plan filing.
- When was LegalShield founded?
- LegalShield has been in business since 2001.