A legal document assistant is someone who provides any self-help service to persons who are representing themselves in a legal matter for compensation.
The state requires a surety bond in the amount of $25,000 in these cases to help ensure that the legal document assistant will not cause any financial harm.
The bond is to protect your clients from any harm or wrongdoing by your company. If there is a claim placed on your bond and you are found at fault, the surety company will pay out. However, unlike insurance, you will have to pay them back.
These bonds are fairly easy to obtain, all we need is a filled out application. In most cases we don’t even need a credit report! The cost of the bond is about $400 for two years.