Some partners in multi-state partnerships have recently rediscovered the benefits of becoming a professional corporation (PC) partner in their law firms, primarily to obtain state income tax savings.
Where the advantages outweigh the disadvantages, some firms have accommodated (and in some cases, encouraged) some of their partners to consider this alternative. A byproduct of the influx of PC partners is that a number of multi-state law firms will consist of both incorporated and unincorporated partners.
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