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Subject:
Why do attorneys offices say "PA" after their name?
Category: Miscellaneous Asked by: davidjhp-ga List Price: $2.00 |
Posted:
24 May 2005 13:10 PDT
Expires: 23 Jun 2005 13:10 PDT Question ID: 525143 |
Why do attorneys offices say "PA" after their name? What does that stand for? |
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Subject:
Re: Why do attorneys offices say "PA" after their name?
Answered By: rainbow-ga on 24 May 2005 13:51 PDT |
Hi davidjhp, When attorney offices use PA after their name, this means that the firm has been incorporated. "PA (Professional Association): A type of corporation that provides most of the benefits of incorporation but do not relieve the participants of professional (malpractice) liability. This type of organization is common among accountants, doctors, and lawyers. Also called Professional Corporation (PC)." Financial Exchange Corp.: Glossary http://www.financialexchangecorp.com/FEC%20Glossary-M&A.htm "P.C./P.A. Professional Corporation/Professional Association. A tax arrangement allowing partnerships to enjoy corporate benefits while retaining the other attributes of a partnership." NALP: Glossary http://www.nalp.org/refdesk/glossary.htm Search criteria: attorneys office "PA" attorney "PA stands for" PA "Professional Association" acronym PA "Professional Association" acronym attorneys OR lawyers I hope this is helpful. If you have any questions regarding my answer please don?t hesitate to ask before rating it. Best regards, Rainbow |
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Subject:
Re: Why do attorneys offices say "PA" after their name?
From: nelson-ga on 24 May 2005 13:56 PDT |
Not all do. Most prestigious law firms are LLP (limited liability partnership). |
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