Saturday, May 12, 2012
Look Who's on the Board of Directors for Legal Shield, Formerly Known as Pre-Paid Legal Services: University of Akron School of Law Dean Martin H. Belsky
From Belsky’s Faculty Bio:
“Dean Belsky began his academic career in 1982 as Associate Professor of Law and director of the multi-disciplinary Center for Governmental Responsibility at the University of Florida. From 1986 to 1995, he served as Dean and President and Professor at Albany Law School. From 1995 to 2007, he served as Dean and Professor at the University of Tulsa College of Law. Dean Belsky joined The University of Akron School of Law in January 2008 as Dean and Randolph Baxter Professor of Law.”
This faculty bio mentions Belsky’s numerous civic and “professional” engagements. He was involved with the Oklahoma Ethics Commission, as well as participated or organized ethics conferences. (Too bad this does not extend to his law school duties.) For $ome rea$on, the fact that he has been a director for Pre Paid Legal Services was not mentioned, in this profile. I’m sure that was a mere oversight. (In the same sense that I am certain that Sophia Vergara will lock her ankles around my waist and carve her initials into my back, sometime in the next six months.)
Total Compensation as Director for Legal Shield:
“Martin H. Belsky has been Dean of the University of Akron School of Law since January 2008. Previously, Mr. Belsky was Dean at Albany Law School from 1986 to 1995. He was Dean of the University of Tulsa College of Law from 1995 to 2004. He has been a Director of Pre-Paid Legal Services, Inc. since 1998. He was Professor of Law at Albany Law School from 1986 to 1995. Mr. Belsky was Professor of Law at the University of Tulsa College of Law, teaching courses in constitutional ... law, ethics, international law, and oceans policy until January 2008.” [Emphasis mine]
As you can see, Bloomberg Businessweek states that Martin H. Belsky rakes in $111,000 in TOTAL ANNUAL CASH COMPENSATION, as director of Legal Shield. The corporate headquarters is listed as One Pre-Paid Way, Ada, Oklahoma 74820. Maybe he is not making enough money as dean of Third Tier University of Akron Sewer of Law.
Based off the Buckeye Institute for Public Policy Solutions, Martin H. Belsky made $239,218 in base pay, as dean of the sewer of law - in 2010. Just enter his last and first name, as well as University of Akron. Apparently, he “earned” $241,587 in base compensation, for 2009. At such paltry sums, we can understand why Belsky needs to work for Legal Shield. After all, who can be expected to survive in Akron, Ohio on that income alone?
According to Forbes magazine, the pig only made $43,500 in compensation, as director of Pre-Paid Legal Services – for 2009. If this figure is accurate, then the rat may need to find a third income stream.
How Does Legal Shield Work?:
“How Does Legal Shield Offer Such Low Prices?
Think about this like Costco. You are able to get good deals at Costco because they buy everything in bulk. Legal Shield is no different. By having so many members (1.4 million as of the writing of this post) they are able to get discount legal services to their members at a fraction of what other people pay for legal services.
You can also think of it like legal insurance. Every month we pay for auto insurance whether we use it or not. Legal advice through Legal Shield can be used the same way. Pay a small fee every month in case you need legal help in the future!
You can get legal advise on Divorce, Real Estate, Consumer Finance, Traffic Issues, and Estate Planning to name a few! Just imagine what that would cost you if you tried to hire a regular law firm!” [Emphasis in original]
Does Martin Belsky inform his students/customers that he is on the board of directors of a company that undercuts attorneys and law firms?!?! As a big proponent of ethics, surely the pig believes in providing his students with full disclosure, right?!?!
Average Law Student Indebtedness for 2011 Akron Grads: US “News” & World Report lists the average law student indebtedness - for those members of the Univer$iTTTy of Akron’s JD Class of 2011 who incurred debt for law school - as $67,948. Fully 95 percent of this third tier toilet’s 2011 class took on such corrosive debt. This amount does not take undergraduate debt into account. For the 2010 class, these respective figures were $60,149 and 84 percent. What impressive increases, huh?!
Conclusion: The legal job market is in the toilet. Automation, outsourcing, state statutes permitting non-lawyers to engage in the limited practice of law, self-help legal forms, and pre-paid legal service schemes have collectively taken a toll on this “profession.” Plus, the job market has been oversaturated for decades. Of course, ABA-accredited trash pits continue to pump out more than 44,000 graduates each year. I understand that LegalZoom and pre-paid legal services are not going away. Furthermore, these services likely save their customers money. However, this DOES NOT EXCUSE a legal "educator" and administrator - especially one who bills himself as ethical - from raking in piles of cash as a director for such companies. Keep this in mind, if you are considering applying to or attending this third tier commode.
Posted by Nando at 6:26 AM