JayC - 9:48 pm on Dec 17, 2002 (gmt 0)

Lawyers always advise to incorporate but are seldom incorporated themselves. How many doctors do you know who are incorporated? If anyone needs limited liability they do.

Which is why they all have malpractice insurance.

Most medical practices, and most law firms, are incorporated, either as Corporations or as some form of LLC. You'd find few lawyers actually billing out hours on their own without having formalized an entity under which to do it.

Not that there aren't good valid reasons sometimes not to incorporate; there are. But "lawyers and doctors don't" isn't one of them.