USA Today: Levitt LLP: A Boutique Business Law Firm Practicing Outside the Box Levitt LLP is a boutique, Long Island, New York-based business law firm with a national footprint and has distinguished itself as a force in the legal field. Spearheaded by Founder and Partner Steven ... Business Wire: BDO USA, LLP Expands New York & Los Angeles Practices Through the Addition of Partners & Staff Formerly with Salibello & Broder, LLP CHICAGO--(BUSINESS WIRE)--BDO USA, LLP, one of the nation’s leading professional service organizations, today announced an expansion of its practice offices in the New York and Los Angeles markets ...

Understanding the Context

Before a small business opens its doors, many business owners face an important decision: Will they structure their business as a limited liability corporation (LLC) or a limited liability partnership ... Limited liability partnerships, or LLPs, came into existence in the United States in 1991 when the state of Texas signed the first LLP law into existence. Many other states soon followed. LLPs provide ...

Key Insights

BDO USA, LLP Expands New York & Los Angeles Practices Through the Addition of Partners & Staff Formerly with Salibello & Broder, LLP If you belong to a general partnership, you can lose your personal assets in a business lawsuit. Even if one of the other partners caused the problem, you might be vulnerable too. In a limited ...