LLP stands for limited liability partnership, which signifies a type of business structure. Most states require that limited liability partnerships have either "Limited Liability Partnership" or "LLP" ...

LLP is among the popular business forms adopted because the liability of the partners is limited to the contribution made by them. Ease of doing business for MSMEs: Choosing between different legal ...

A law firm can incorporate as a limited liability partnership, or LLP, as an alternative to becoming a limited liability company, or LLC. Both business forms offer protection in legal and financial ...

It can be argued that the first requirement of the ‘successful’ business structure is limited liability: without this protection against failure, many businesses would simply not assume the commercial ...