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Give Name to the Magic Guild you use in your games.

Maybe also do a Hierachy for them to.

There are a couple of paths to take here.

You could go with a trade-type guild or professional society, where you have apprentices, journeymen, and masters. Names for these kinds of organizations are usually very plain, along the lines of "Magic Guild of ___." That kind of organization tends to enforce professional standards and lobby for their collective benefits. This is essentially the classic Magic Guild in Palladium Fantasy.

You could take a secret society approach, where their names and membership ranks are usually references to their goals, rituals, shared values, or founding members. "The Cabal of Thestrius" or "Keepers of the Truth" or some such. Such societies tend to have their own agendas that they don't share publicly. This is a less-common approach in the world of Palladium Fantasy, but it could be more interesting in terms of adventure and campaign plots.