This entity functions as a legal service provider, organized as a professional limited liability company. This structure allows professionals, in this case lawyers, to benefit from limited liability while operating as a partnership or corporation. Such an organization typically offers a range of legal services to clients.
The advantages of utilizing a legal practice structured in this way include the protection of individual assets from business debts and liabilities. Historically, this organizational structure has become increasingly prevalent as professionals seek to mitigate risk and streamline business operations, offering a balance between personal security and entrepreneurial opportunity.
