what does psc stand for after an attorney name

by Miguel Beatty 7 min read

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 ...

What does PC stand for after an attorney's name?

The PC after an attorney's name stands for professional corporation. It is a special type of firm used sometimes to show someone has gone through all the steps before being licensed. What does PC stand after a doctors name?

What does PA mean after the name of a law firm?

When attorney offices use the PA after their name, that means the firm has been incorporated. PA is Professional Association. PA is the type of corporation that provides us with most of the benefits of incorporation. but do not relieve the participants of professional liability.

What is a PCS (professional corporation)?

PC stands for "professional corporation." Like limited liability companies, corporations and other business structures, professional corporations are legally recognized business entities in some states. The professional corporation is a business structure specifically allowed for in some state statutes.

Why are there so many attorney abbreviations after the surname?

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.

image

What does PSC after a name mean?

Definition. PSC. Public Service Commission. PSC. Printer Scanner Copier (Hewlett-Packard)

What does PC stand for with lawyers?

Professional CorporationsGrowing a Law Firm: Professional Corporations A professional corporation is organized under the laws of the state in which it is formed. Unlike a regular corporation, a PC for lawyers requires that each director, shareholder and officer be licensed to practice law.

What initials go after an attorney's name?

“J.D.'' stands for Juris Doctor, an academic degree granted by university or law school, that a person receives after graduation. Similar to other professional degrees like “B.A.” or “Ph. D.”, J.D. designates that an attorney has attended and graduated from law school.

What does the title PC mean?

Professional corporationsThe letters "PC" after a business's name stand for professional corporation. Professional corporations enjoy some, but not all, of the same liability protections as general corporations.

What's the difference between attorney and lawyer?

Attorney vs Lawyer: Comparing Definitions Lawyers are people who have gone to law school and often may have taken and passed the bar exam. Attorney has French origins, and stems from a word meaning to act on the behalf of others. The term attorney is an abbreviated form of the formal title 'attorney at law'.

What does LLP mean in a law firm?

Limited liability partnershipLimited liability partnership (LLP)

What does PC stand for in law?

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 a corporation and a PC?

Professionals. Another key difference between corporations and professional corporations is only licensed professionals can be a part of a PC. Typically, the only professionals who may form a PC are those who must have some sort of state and/or federal license to practice their profession.

What is professional corporation?

The professional corporation is a business structure specifically allowed for in some state statutes. Like corporations, it allows directors and employees some protection from corporate liability. However, professional corporations are distinctly different than traditional "C" corporations in several ways.

Do professional corporations have liability shielding?

However, professional corporations typically do not offer the same level of liability shielding.

Do professional corporations have to be registered?

Like other corporations, professional corporations must be registered with the state in which they are formed. For example, the state of Iowa allows professionals to form professional corporations. The state requires these structures to file documentation, such as the articles of incorporation and the business name, with the secretary of state's office.

Can a professional corporation shield employees from ethical requirements?

Because licensed professionals must adhere to a strict code of professional ethics, professional corporations cannot shield these workers from those ethical requirements. Any liability arising from lapses in ethical conduct can still attach to members of a professional corporation.

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 does esq mean in law?

In the USA, lawyers use Esq., meaning “esquire, ” to indicate their status. As a social matter, though, the circumstances in which a lawyer can use Esq. as a postnominal are fairly constrained. Declaring yourself an attorney in this way is considered gauche in almost all cases.

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.

Is "counselor" a title?

Echoing what others have said, in the U.S. there is no typical title for a lawyer. Sometimes "counselor" is used, but strangely it doesn't seem like it's ever used with the person's name. As in: "You have a good point, counselor.".

Can you sue a lawyer for malpractice?

However; you may still sue the lawyer, personally, for malpractice.

Is it appropriate to put esq after an attorney's name?

It is not appropriate to consider a woman's marital status when addressing her professionally. Some people add Esq. after an attorney's name. That is a hold over from the title Esquire. You would use it in the address block but not the salutation.

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 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.

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 it mean to be a PC?

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, ...

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;

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.

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.

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.

image