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Q: Why do attorneys offices say "PA" after their name? ( Answered,   1 Comment )
Question  
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?
Answer  
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
Comments  
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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