LLP?

[princess b]

can somebody tell me what does "LLP" mean? (XXXX, LLP...law firms) thanks!

[SpeakerDave]

LLP = Limited liability Partnetship.

It is a form of business entity.

Grab a business 101 text book and look up business entities.  You will learn:
Proprietorship
Partpership
Corporation, Sub S Corp
LLC
LLP

I'm surprised that entering law students wouldn't know these already.  But that's okay, because we will all spend a semester studying different business forms.

[princess b]

Grab a business 101 text book and look up business entities. 
I'm surprised that entering law students wouldn't know these already.  But that's okay, because we will all spend a semester studying different business forms.

i majored in genetics in college and got a ms in biochem. my knowledge in business is limited.

[Ivy_Hopeful]

to defend further. Law school applicants need not (and are encouraged not to) have a standard major in their UG career. So business law or ethics or business period is not a necesity. Just my $.02

[princess b]

to defend further. Law school applicants need not (and are encouraged not to) have a standard major in their UG career. So business law or ethics or business period is not a necesity. Just my $.02

AGREE