A limited liability partnership (LLP) is attractive to partners because:

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In an LLP, all partners have limited liability protection, regardless of whether they are general or limited partners. This is different from a traditional partnership where general partners are personally liable for the debts of the partnership. It is not true that all states offer "full-shield" protection or that only the partner who provides the capital has limited liability. Additionally, not all professional businesses are eligible to form an LLP in every state.

A Limited Liability Partnership (LLP) Is Attractive to Partners Because