what does p.c. stand for lawyer

What does PC stand for in law firm?

Apr 17, 2004 · The P.C. stands for "professional corporation". A professional corporation is a special type of Maryland corporation that provides lawyers and other professionals such as doctors and accountants...

What is the abbreviation for Public Attorney?

••• In some states, it isn't uncommon to see the name of a law firm or attorney's office with the letters "PC" after it. PC stands for "professional corporation." Like limited liability companies, corporations and other business structures, professional corporations are legally recognized business entities in some states. Structure

What does PCC stand for in legal terms?

Law PC abbreviation meaning defined here. What does PC stand for in Law? Get the top PC abbreviation related to Law.

What does PPC stand for in legal terms?

Sep 26, 2018 · Unlike a regular corporation, a PC for lawyers requires that each director, shareholder and officer be licensed to practice law. Further the legal PC may only provide services in its field. A PC is a popular form of organization for a solo practitioner, as it provides some liability protection, while still allowing you to keep your solo operation. Governing a …

What is a PC in law terms?

An abbreviation for professional corporation, which is a special corporation established by professionals, such as physicians, accountants, or, in some states, attorneys, who practice together.

Why do lawyers use PC?

Increasingly, attorneys use computers and the Internet to obtain new clients. Many attorney websites provide valuable general information such as explanations of legal rights and the legal process. Some websites allow a potential client to directly email or chat with an attorney before scheduling a consultation.Dec 27, 2018

Do lawyers use PC or Mac?

Even though 90% of law firms use Windows, most lawyers use iPhones and other Apple products.Aug 29, 2019

Should lawyers use Mac or PC?

According to an article published by the American Bar Association, lawyers who use Mac can trust their computers, while those who use PCs cannot. The article states that many law firms are converting to all Mac systems because of their efficiency and ease of use.Jul 27, 2015

What is the difference between a PC and an LLC?

There's a huge tax difference between a PC and a LLP or an LLC. A professional corporation is a business entity that must pay income taxes for the corporation itself, which may result in double taxation. However, with an LLP or LLC, the member pays individual taxes, not the entity itself.

What is a PC in business?

A PC is much more formal, as operating decisions often require director approval and votes of shareholders. As with any corporation, you must hold shareholder and director meetings, keep records and minute books.

What is professional corporation?

A professional corporation is a product of state laws which provide detailed provisions on what the corporation can and cannot do. A corporation should have its own set of by-laws and agreements that dictate the responsibilities and conduct of the corporation, its directors, and shareholders.

What happens if there is no written agreement?

So, if there is no written agreement or the agreement doesn't address particular issues, the LLP or LLC will be subject to the gap-filling provisions in their states' business code.

Can a lawyer form a limited liability company in California?

Unlike other states, California does not allow lawyers to form a limited liability company. Instead, California allows for the use of a professional limited liability partnership (LLP). Every other state allows for the formation of an LLC or a professional limited liability company (PLLC) for law firms.