Law Firm Registration

To be recognized as a limited liability organization under the rule, lawyers and law firms must register annually with the State Bar, which requires proof of adequate malpractice insurance.

Limited liability organizations are used primarily for business or tax reasons, wholly apart from professional liability reasons. Some lawyers will use the LLP, LLC or S.C. for pension, tax or health insurance purposes.

The LLP, LLC or S.C. does insulate the law firm owner, even a sole practitioner, from general creditors of the firm provided only that the limited liability organization form is used in all contracting. A creditor of the limited liability organization firm usually can attach only the assets of the firm and not the personal assets of the firm owner.

Yes. Service Corporations are a type of limited liability structure and are therefore included in this rule and must file an annual registration with the State Bar of Wisconsin.