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  1. #1
    lisa Guest

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    Hi

    Would someone please tell me what the initals P.S.C., after a lawyers name mean? Is it some special type of lawyer?

  2. #2
    pt Guest

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    Not too sure about this, but will give it a shot - A lawyer whose law practice involves "Securities and Corporations ?"

    ?????????????????????????????????????

  3. #3
    sacredwolf Guest

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    Lisa,

    P.S.C. stands for "Professional Services Corporation." It means the same thing as Inc., Ltd., L.L.C., or Corp, among others.

    All businesses that are set up as and doing business as a corporation are required to divulge the fact that they are set up as a corporation to the public.

    Which raises the question- Why would a business seek to do business as a corporation? One of the reasons is potential liability for negligence.

    In the corporate "form" of doing business, only corporate assets may be reached for the purpose of satisfying a judgment, for example, a judgment for professional negligence (malpractice).

    In other words, only assets actually owned by the corporation could be seized to satisfy a judgment. Personal assets are exempt and cannot be touched.

  4. #4
    aj Guest

    Default

    I was going to guess Pretty Slimy Character.

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