Pre-Paid Legal Announces 2008 3rd Quarter Results

  • Pre-Paid Legal Services, Inc., reported new memberships produced and new sales associates enrolled for the 2008 third quarter. During the 3rd quarter of 2008, new sales associates enrolled decreased 13.2% compared to the third quarter of 2007. Memberships produced decreased by 6.0% while new membership fees written decreased by 6.0% and our active membership base increased 0.1% compared to the comparable period of the previous year.

    On a sequential quarterly basis, new associates enrolled increased 44.9%; new memberships produced increased 7.9%, new membership fees written increased 6.8% and our active membership base increased by 9,254 memberships.