what does the pc mean after a lawyer name

What does PC after a law firm or attorney's office mean?

PC. 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.

What does PC mean after a business name?

Mar 30, 2020 · The letters "PC" after the name of a lawyer or other professional stands for "professional corporation." It's a type of legal entity used by accountants, doctors, lawyers, architects and others who provide expertise. Being a PC limits liability to being responsible only for their own actions.

Are PC companies related to lawyers?

Mar 28, 2014 · What does the letters PC stand for after and attorneys name? PC stands for Professional Corporation or Professional Company.

What does the title after a lawyer’s name mean?

Jun 27, 2018 · LL.M. The Master of Laws (LL.M.) degree is available to people who already have a J.D. It provides advanced legal study and certification in a specific area of law, such as international law, human rights law or intellectual property law. The lawyer abbreviation LL.M. is often obtained by international lawyers who want to earn global credentials.

What does PC mean in a lawyers Title?

What is PC in law firm name?

What does PC stand for in court?

What does PC stand for after a name?

What's the difference between attorney and lawyer?

What is the difference between PC and LLC?

What does PC charge mean?

What does PC stand for in documents?

What is a PC after a name?

Understanding "PC" After a Name. A professional corporation, abbreviated as "PC" after a company’s name, is a type of corporation often seen in professions where highly educated people provide services to those who need their expertise, such as accountants, lawyers, doctors, architects, consultants and other professionals.

What does the letter PC mean?

The all-cap letters "PC" can stand for many things in our lives. The personal computer became known as a PC shortly after its debut. More recently, being PC has meant being politically correct, or saying what is customarily accepted as the "right" thing to say to avoid offending anyone regardless of what you might want to say. However, when you see the letters "PC" with lawyers' names, other professionals' names or after a company's name, the "PC" meaning is clear: professional corporation.

How are PCs taxed?

PCs are taxed in a way that comes with both advantages and disadvantages. For example, PC employees have higher contribution limits on retirement plans. PCs can provide health and life insurance benefits tax free and can receive deductions for additional benefits like disability insurance.

What does PC stand for in business?

"PC" after a company's name stands for "professional corporation," a type of corporation used by professionals such as lawyers, accountants and doctors because of the limited liability and tax advantages it provides.

Does PC cover all liability?

Designed specifically to give some protection from liability to professionals such as doctors, lawyers, architects and others, "PC" does not excuse all liability — it still holds professionals accountable for their own actions.

Can a doctor in a solo practice and a PC of doctors join an LLC?

So, a doctor in a solo practice and a PC of doctors could join an LLC that has other doctor members as well. A disadvantage, however, is that members of an LLC are generally required to carry a high level of malpractice insurance.

Is PC a legal entity?

Many people see "PC" after a group of lawyers’ names, and therefore they assume a PC company is a legal term or is related to lawyers. It is a legal term in the sense that a professional corporation is a legal entity that provides professionals with certain tax and legal advantages. However, professional corporations are not only for lawyers;

What does J.D. stand for in law?

Each designates a degree the attorney earned. The following are the most common lawyer initials: J.D. J.D. stands for "juris doctor” and is the degree received when an attorney graduates from law school.

What is LL.M. law?

It's a graduate degree and is required to practice law in the United States. LL.M. The Master of Laws (LL.M.) degree is available to people who already have a J.D. It provides advanced legal study and certification in a specific area of law, such as international law, human rights law or intellectual property law.

What is LL.B. in medical?

LL.B. The Legum Baccalaureus (LL.B.) is the foreign equivalent of a J.D. It's not available in the U.S.

What does "esq" mean in law?

If you want to practice law, you'll need to be licensed. Getting licensed earns you the lawyer abbreviation of Esq., which stands for Esquire . There are a variety of other career options available to those who earn a J.D.

Do lawyers have abbreviations?

When reading the names of some attorneys, it can seem like there's an entire alphabet written after the surname. Essentially, the more education an attorney has, the more lawyer abbreviations you might find after the individual's written name. If you have any interest in going to law school, it's helpful to understand the meaning behind the abbreviations and know which of these degrees may work best for you.

What is a PC or PSC?

The general category of the PC or PSC can be as S-corporation, C-corporation, or LLC, but with subcategorization as a PC or PSC. Legal regulations applying to professional corporations typically differ in important ways from those applying to other corporations.

What is a professional corporation?

Professional corporations or professional service corporation (abbreviated as PC or PSC) are those corporate entities for which many corporation statutes make special provision, regulating the use of the corporate form by licensed professionals such as attorneys, architects, engineers, public accountants and physicians.

Why do professional corporations organize?

The principal reason why groups of professions choose to organize as a professional corporation is that, unlike a general partnership, an owner is not personally liable for the negligence or malpractice of other owners.

Is a professional corporation a partnership?

Professional corporations may exist as part of a larger, more complicated, legal entity; for example, a law firm or medical practice might be organized as a partnership of several or many professional corporations.

Can a professional corporation have multiple directors?

Professional corporations may have a single director or multiple directors. They do not usually afford directors the same degree of limitation of liability as ordinary business corporations ( cf. LLP ). Such corporations must identify themselves as professional corporations by including "PC" or "P.C." after the firm's name.

James Donald Garrett

Professional Limited Liability Company. It's the same as an LLC but reserved for professional services (doctors, lawyers, accountants, etc.). PLLC and PLC are synonymous and interchangeable.

Colin Christopher Murphy

It is the type of business organization. I believe it is a professional limited liability company. Think corporation made up of licensed professionals. They have limited liability for the members and the income is treated differently for tax purposes.

Why do lawyers put their name after their name?

Lawyers, just like professionals in other fields, use a lawyer title after their name to indicate to the world that they are “lawyers” or are trained in law. Let’s look at the main ones.

What are some examples of titles after a lawyer's name?

For example, Susan Smith Esq., Mary Doe LL.B., or John Roberts LL.M., are different titles used by a lawyer after their name.

Why do lawyers use attorney at law?

In some jurisdictions, practicing lawyers will use “ attorney at law ” in their name to show they are authorized to practice law. Using “attorney at law” is not as common as LLB, JD, or ESQ used in various jurisdictions.

What does esquire mean?

Esquire or Esq is used in some jurisdictions to refer to a “practicing lawyer” or an individual licensed to practice law. Some civil law jurisdictions use the honorary title “Maître” or “Me” for short in their name to indicate they are practicing lawyers.

What does "lawyer" mean?

A lawyer or attorney is a person who practices law, represents individuals, and provides legal advice to others. Lawyers, just like professionals in other fields, use a lawyer title after their name to indicate to the world that they are “lawyers” ...

What is a J.D. title?

A student who is admitted to law school and completes the program will earn a J.D. title.

What does LL.M mean?

LL.M refers to “ Master of Laws ”.

What is a PC?

A professional corporation or PC is one variation of a corporation. Licensed professionals who want to incorporate their practice can form a PC.

What professions are required to form a PC?

The following are often required to form a PC: Accountants. Attorneys. Engineers.

What is LLC in business?

A limited liability company or LLC is a legal entity that combines the limited liability protection of a corporation with the tax benefits of a partnership.

What happens to a professional when he retires?

If a professional retires or leaves, ownership is easily transferred to the others, and professionals can share management responsibilities and profits without worrying about being liable for each other's malpractice actions. The flat corporate tax rate, however, could limit corporate growth.

What is a PLLC in California?

In a PLLC, the members and managers must be licensed to practice the same profession. In California, licensed professionals are limited to forming a sole proprietorship, general partnership, or professional corporation (PC).

Can creditors come after personal assets?

Both limit an owner's personal liability for business debts and claims to business assets, and creditors cannot come after personal assets. Neither protects you against personal liability for your own malpractice, negligence, or personal wrongdoing. Malpractice protection is often why professionals file as a PC to avoid financial liability for ...

Can a business form an LLC?

Certain businesses, such as those in the banking and insurance industries, are prohibited from forming an LLC. While some states allow professionals to form an LLC, others require that professionals form a professional limited liability company (PLLC) as set out by state statutes.

What is the term for a lawyer?

In some common law countries the professions of solicitor and barrister are fused together and, in many of those countries, the term “attorney” is used to describe lawyers.

What does P.A. stand for?

P.A. stands for “Professional Association” which is a type of business entity which can only be created by people in certain professions (most commonly lawyers).

What does PA mean in business?

PA = PC [Professional Corporation] in all practical respects. However, the PA will lack formal organizational documents for “a corporation” and the PA will likely have to publish the banns at the time of its formation - as do LLCs. To publish the banns [which. Continue Reading.

What was the role of lawyers in England and Wales?

In England and Wales we used to have attorneys, who advised clients and prepared cases for trial in courts of law (“law” having an arcane and restrictive meaning in this context). The same job was done by solicitors in courts of equity, a parallel system of courts which applied different rules.

What is a professional association?

Professional Associations are a form of business entity that is available in some states for a business that primarily engages in a professional service. The “PA” is similar to a corporation. Other professionals, like real estate agents, doctors, and architects, can also organize their business entity as a PA.

When were equity and law dealt with in the same court?

After 1873 law and equity were dealt with in the same court and at the same time; today the principles of equity are simply one part of “the law”, in its broad and generally unde

Does a P.A. follow a firm name?

The "P.A." does not actually follow an attorney’s name, but rather their firm or business name (which is usually named for the attorney (a) that found it).

What is the difference between J.D. and Esq.?

The difference between J.D. and Esq., as commonly used in the United States, is the ability to practice law.

Can an attorney use esq?

There's no law mandating "Esq." only be used by practicing attorneys; it's entirely customary (though some states have disciplined unlicensed J.D.s for using "Esq.," as the ABA Journal has pointed out). In addition, some practicing lawyers prefer using "J.D." or the phrase "Attorney at Law" after their names, as they consider "Esquire" to be haughty or old-fashioned.

Can you use esq on a letterhead?

Just as you might see "Tom Toothington, D.D.S." outside a dentist's office, lawyers may use "Esq." on signs, letterheads, business cards, and signature lines. It is also acceptable for attorneys to use "Esq." on official court documents, but the requirement that attorneys also include their state bar numbers makes this suffix somewhat irrelevant.