New Enrollees Down Nearly 18 Percent at Pre-Paid Legal

Pre-Paid Legal Services Inc. reported new memberships produced and new sales associates enrolled for the fourth quarter and for the year ended December 31, 2008. During the 4th quarter of 2008, new sales associates enrolled decreased 9.7% to 32,533 from the 36,029 enrolled in the 4th quarter of 2007 and new memberships produced decreased 11.6% to 132,641 during the 2008 quarter compared to 150,100 for the 2007 quarter.

New sales associates enrolled drops 17.8 percent at Ada-based Pre-Paid Legal Services Inc. for 2008.
Enrollees fell to 122,255, compared to 148,802 enrolled during 2007. New memberships fell 9.8 percent — to 552,327, down from 612,096.
Active memberships decreased 1.1 percent during 2008 from 1,575,802 to 1,559,154. From the 3rd quarter of 2008 to the fourth quarter 2008, active memberships decreased by 16,739 memberships.

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