Tag: Professional Services Entities

Notable New Amendments to the Washington LLC Act: Part Two

David C. Tingstad, Edmonds Lawyer
David C. Tingstad
May 18, 2022
In 2022, the Washington State Legislature adopted several significant changes recommended by the Washington State Partnership Law Committee. In a previous post, I discussed two of these significant changes: (1) a member may voluntarily withdraw from a limited liability company at any time; and (2) a transferee of all of single-member’s LLC interest is automatically… Read More

Beware The Corporate Practice of Medicine

Babak Shamsi Edmonds Lawyer
Babak Shamsi
Sep 23, 2021
Washington State provides that, generally, a business entity may not employ medical professionals to practice their licensed professions.  This Corporate Practice of Medicine (CPOM) doctrine protects the relationship between medical doctors and patients.  The doctrine dates back to 1943, when the Washington Supreme Court ruled in State ex rel. Standard Optical Co. v. Superior Court, that only a person,… Read More

Professional LLC Or Professional Service Corporation – What Is The Difference?

David C. Tingstad, Edmonds Lawyer
David C. Tingstad
May 19, 2021
Lawyers, doctors, accountants, and other professionals cannot engage in the “corporate” practice of their professions, except through authorized entities.  Professional LLCs and professional service corporations are two such authorized entities.  When considering which entity may be right for you, it is important to note their differences. At least three issues distinguish professional LLCs from professional… Read More

Of Professional Services Corporations, Murder And Valuation

David C. Tingstad, Edmonds Lawyer
David C. Tingstad
Aug 5, 2020
I doubt anyone will ever put a TV show together based on business entity law.  My suspicion is that a large percentage of the viewing population would consider it too “boring.”  I beg to differ, and this week’s post on the King and Mockovak dispute supports my view.  When you read King and Mockovak Eye… Read More