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Home / News Stories / Solos now can form PLLCs (access required)

Solos now can form PLLCs (access required)

Solo practitioners gained a new alternative July 1 for setting up their practices--the professional limited liability company. Professional limited liability companies, or PLLCs, are a cross between corporations and partnerships. They provide limited liability to their owners, as with corporations, but without other more cumbersome corporate characteristics. Lawyers cannot limit their liability for malpractice, but they can ...

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