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Such corporations must identify themselves as professional corporations by including "PC" or "P.C." after the firm's name. [ 1 ] Professional corporations may exist as part of a larger, more complicated, legal entity; for example, a law firm or medical practice might be organized as a partnership of several or many professional corporations.
Professionalism is a set of standards that an individual is expected to adhere to in a workplace, usually in order to appear serious, uniform, or respectful. What constitutes professionalism is hotly debated and varies from workplace to workplace and between cultures. Professionalism is typically defined as a mix of professional ethics and ...
Typically, a PLLC's members must all be professionals practicing the same profession. In addition, the limitation of personal liability of members does not extend to professional malpractice claims. A series LLC is a special form of a limited liability company that allows a single LLC to segregate its assets into separate series.
Professional ethics encompass the personal and corporate standards of behavior expected of professionals. [1] The word professionalism originally applied to vows of a religious order. By no later than the year 1675, the term had seen secular application and was applied to the three learned professions: divinity, law, and medicine. [2]
Professional services are occupations in the service sector requiring special training in liberal arts and pure sciences education or professional development education. [1] Some professional services, such as architects , accountants , engineers , doctors , and lawyers require the practitioner to hold professional degrees or licenses and ...
Professional responsibility is defined by professional accepted standards of personal behaviour, moral values, and personal guiding principles. [16] Codes for professional responsibility may be established by professional bodies or organizations to guide members in performing functions to a consistent ethical set of principles. [17]
The roles of professional associations have been variously defined: "A group of people in a learned occupation who are entrusted with maintaining control or oversight of the legitimate practice of the occupation;" [3] also a body acting "to safeguard the public interest;" [4] organizations which "represent the interest of the professional practitioners," and so "act to maintain their own ...
Professional services networks are business networks of independent firms who come together to provide professional services to clients through an organized framework. [1] They are notably found in law and accounting. Any profession that operates in one location, but has clients in multiple locations, may provide potential members for a ...