what llm and pc means in an attorney

by Carrie Kuhic 8 min read

What is the difference between LLM and LPC LLM?

What Is a Legal Secretary? The LPC LLM programme combines a masters-level qualification with an enhanced Legal Practice course. Completion of this course enables one to progress to the final stage of solicitor training: the training contract. On the other hand, an LLM requires in-depth academic study of an area of law.

What does PC stand for in law firm?

Mar 22, 2022 · An LLM is a Masters of Law ( Legum Magister in Latin). Essentially, it involves an additional year or more of education after law school. This additional training focuses on a specific area of law, such as international law, business law, tax law, or estate planning. In other words, an LLM is an intensive program that provides "laser focus ...

What is an LLM?

Oct 07, 2020 · Both LLB (Bachelor of Laws) and LLM (Master of Laws) are two most popular degrees in the highly significant and evergreen discipline of Law, in India or abroad. …. After achieving LLB, the students are eligible to start practicing in the legal sector, or pursue the higher-level course of LLM.

Can I practice law with an LLM degree?

An LL.M. allows lawyers—as well as some non-lawyers—to hone in on a particular area of law and gain expertise that they can then take back to their job, following what is typically a one-year full-time program. Some schools allow LL.M. students to …

What does PC mean in a Lawyers Title?

Growing 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.
Sep 26, 2018

What does PC stand for in the legal world?

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 is the title PC?

The 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 is PC in court order?

In a relief to some Women Short Service Commission Officers (WSSCO) in the Army, the Supreme Court on Friday directed the Centre to issue orders granting Permanent Commission (PC) to 39 such officers in seven working days and furnish the details of 25 officers with reasons, who were not considered.Oct 22, 2021

What is an LLM?

An LLM is a Masters of Law ( Legum Magister in Latin). Essentially, it involves an additional year or more of education after law school. This additional training focuses on a specific area of law, such as international law, business law, tax law, or estate planning.

Why did you decide to earn an LLM?

I earned an LLM for a number of reasons. When I graduated from law school the job market was terrible. I could have settled for a job somewhere, but that didn’t seem ideal. I had been a public defender and worked at a clinic providing civil legal services to prisoners during law school.

What did you learn while earning your LLM?

The LLM program at the University of Miami is the only program in the nation dedicated exclusively to estate planning.

Was earning your LLM worth it?

Absolutely! Many attorneys say they practice estate planning. However, does your attorney really understand estate planning? Unfortunately, some attorneys simply purchase a software program that spits out wills and different trusts by plugging your information into a form and having you sign what is produced.

Is your LLM still relevant today?

Without a doubt! I earned my LLM in 2003. Since that time, I have worked exclusively in estate planning (despite many military moves with my husband). I have worked at very small firms and a very large firm. I have worked with clients with net worths of less than $50,000.00 and net worths in the billions of dollars.

What does a client really need to know about the importance of an LLM?

The purpose of this is to show that an attorney who earns an LLM has a dedication and passion for a specific area of law. My LLM in estate planning has proven to be invaluable, providing my clients with insights that they wouldn’t have otherwise obtained.

What does LL.M. mean in law?

is required. LL.M. is an abbreviation of the Latin Legum Magister, which means Master of Laws.

What is an LL.M.?

The LL.M. (Master of Laws) is an internationally recognized postgraduate law degree. An LL.M. is usually obtained by completing a one-year full-time program. Law students and professionals frequently pursue the LL.M. to gain expertise in a specialized field of law, for example in the area of tax law or international law. Many law firms prefer job candidates with an LL.M. degree because it indicates that a lawyer has acquired advanced, specialized legal training, and is qualified to work in a multinational legal environment.

What is a LL.M. degree?

Basic information about the Legum Magister or LL.M., degree. The LL.M. (Master of Laws) is an internationally recognized postgraduate law degree. An LL.M. is usually obtained by completing a one-year full-time program.

Is LL.M. part time?

Part-time programs are also available for professionals wishing to complete their LL.M. while working full-time. Prospective students should be aware that there is no universal definition for the term LL.M. It is used in different ways by institutions around the world.

What does LL stand for in Latin?

In Latin, the plural form of a word is abbreviated by repeating the letter. Hence, "LL.". is short for "laws.". Legum is the possessive plural form of the Latin word lex, which means "specific laws", as opposed to the more general concept embodied in the word jus, from which the word juris and the modern English word "justice" are derived.

What is LL.B. in law?

The Bachelor of Laws – or LL.B. – is an undergraduate law program undertaken in many commonwealth countries like the UK and New Zealand. In Australia and Canada students increasingly have the choice between beginning their study of law with a J.D. or an LL.B., depending on which school of law they apply to.

What is a doctoral degree in law?

A Ph.D. in Law is another doctoral-level law program. At some U.S.-based law schools, such as Yale, the Ph.D. is only open to candidates who have a J.D. from a U.S. law school (internationally-trained students can instead opt for the school’s J.S.D.) A Ph.D. , like an S.J.D. or a J.S.D., is primarily a research-based degree and is often a terminal degree for many law students.

What is a J.S.D.?

A J.S.D. is often called a Doctor of the Science of Law or Doctor of Jurisprudence in English. But the original Latin names of the J.S.D. and J.S.D. show there is very little difference between the two: Scientiae Juridicae Doctor or Juridicae Scientiae Doctor. Some schools simply prefer one name to the other.

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 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.

Who is Roger Thorne?

Writer Bio. Roger Thorne is an attorney who began freelance writing in 2003. He has written for publications ranging from "MotorHome" magazine to "Cruising World.". Thorne specializes in writing for law firms, Web sites, and professionals. He has a Juris Doctor from the University of Kansas.

What is the difference between a PC and LLC?

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.

Should my law firm be an LLC?

Any law firm can choose to become incorporated as an LLC for legal and financial protection. In most cases, if one member of an LLC has a lawsuit brought against them, the other members will be protected from liability, and only the one member will be affected.

Is computer a stand for?

Stands for “Information Technology,” and is pronounced “I.T.” It refers to anything related to computing technology, such as networking, hardware, software, the Internet, or the people that work with these technologies.

What is a PC degree?

Medical doctor (not a chiropractor —DC— nor an osteopathic physician —DO). PC means professional corporation that he has formed to run his business activities. If he is board certified, he will also have other initials, such as FACOG (fellow of the American college of obstetricians and gynecologists), etc.

Why is LLP better than company?

It offers limited liability, offers tax advantages, can accommodate an unlimited number of partners, and is credible in that it is registered with the Ministry of Corporate Affairs (MCA). At the same time, it has fewer compliances than a private limited company and is also significantly cheaper to start and maintain.

Who owns a LLP?

Limited liability partnerships are owned by its ‘members’ who are referred to as ‘partners’. LLPs don’t have shareholders or directors, nor do they have shares. You need at least two members to set up an LLP.

Is partnership better than LLP?

LLP is a separate legal entity and can hold assets in its name. The status of Partnership Firm does not have separate identity from its Partners. The liability of Partners is limited to the extent of their contribution in LLP. Further, one Partner is not affected or not held liable for the actions of another Partner.

Do LLCs have to pay state taxes?

LLCs are not required to pay state taxes in most states—again, check your state statutes. The owner pays state taxes on their personal tax return. A few states require LLCs to also pay state taxes. In addition, some states impose a fee, often called an annual registration fee, franchise tax, or renewal fee.

What is a licensed professional in California?

In California, licensed professionals are limited to forming a sole proprietorship, general partnership, or professional corporation (PC). One advantage of an LLC is that each owner—also called a member—has limited liability, which means they are not personally liable for the financial obligations of the LLC.

What is the advantage of an LLC?

One advantage of an LLC is that each owner—also called a member—has limited liability, which means they are not personally liable for the financial obligations of the LLC. Unlike corporations, LLCs do not have to abide by shareholders' directives or hold annual meetings.

What is a professional corporation?

A professional corporation or PC is one variation of a corporation. Licensed professionals who want to incorporate their practice can form a PC. However, the shareholders, directors, and officers must belong to the same profession.

Why is it important to choose the right business structure?

It's important to choose the right business structure to protect your business from unforeseen legal and tax consequences. When choosing between an LLC and a PC, check the state statutes to make sure the legal entity can operate in your state.