A legal document assistant (LDA) is a professional who, though not a lawyer, prepares legal documents for a fee. The legal document assistant surety bond protects the public in cases where the professional they hire fails to follow the necessary codes, breaks the law, or commits an error that results in harm. In such cases, the surety bond provides the public some financial protection, up to the bond limit, provided by an insurance company.
Common names for this type of bond include “LDA surety bond," “paralegal bond," and “document preparation service bond."
Legal document assistants in California and document preparers in Nevada are required to post LDA surety bonds to comply with federal or state laws.
In California, a $25,000 legal document assistant surety bond is paid with a premium of $394 every two years.
Nevada requires legal document preparers, tax preparers, and immigration forms specialists to carry a $50,000 bond, which is available for a premium cost of $400 per year.
Before you can begin offering LDA or document preparation services, the county of registration will need to see your educational credentials for being a legal document assistant, a photo ID, your registration application, and your surety bond.
To get your LDA bond, contact a trusted bonding agency like NNA Surety Bonds and complete the following steps:
In California, the LDA surety bond for legal document assistants requires you to conduct business according to the provisions outlined in Division 3, Chapter 5.5 of the California Business and Professions Code.
For help understanding your state's bonding requirements for LDAs, paralegals, and document preparers, contact NNA Surety Bonds using our contact form, or give us a call.