A “professional limited liability company” (“PLLC”) is an LLC that is only available to members of certain professions. In Michigan, doctors and lawyers can only form a PLLC instead of an LLC. Several other professions, such as accountants, can form PLLCs, but there is little reason to use a PLLC unless required.

PLLCs differ from LLCs in that the members of a PLLC are personally liable for their own malpractice – they cannot use the company’s limited liability to personally avoid malpractice debt. That said, members of a PLLC generally avoid personal liability for other members’ malpractice debts, as well as non-malpractice business debts (such as loans, slip and fall liabilities, etc.).