Tag: pc

what does pc mean in law firm

what does pc mean in law firm插图

Best answer

Professional corporation.

People also ask

  • What does PC stand for in legal terms?

  • LLC Vs. 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 is the difference between an LLC and PC?

  • The difference between LLC and PC is straightforward. A limited liability company (LLC) combines the tax benefits of a partnership and the limited liability protection of a corporation. A professional corporation (PC) is organized according to the laws of the state where the professional is licensed to practice. Differences Between an LLC and PC

  • What is a professional corporation (PC)?

  • Professional Corporations (PCs), also known as professional service corporations, were created to allow certain kinds of professionals such as physicians, lawyers, accountants, or engineers to do business together. PCs might show up as S-corporations, C-corporations, or LLCs on their tax forms.

  • Are PC companies related to lawyers?

  • They are often entrepreneurs who have joined in business with others in the same specialty. Many people see PC after a group of lawyers鈥?names, and therefore they assume a PC company is a legal term or is related to lawyers.