While the organometallic chemistry of Pd in its (0), (+II), and (+IV) oxidation states is wellestablished, organometallic Pd(III) chemistry remains widely unexplored. Few characterized Pd(III) complexes are known, which has inhibited detailed study of the organometallic chemistry of Pd(III). In this review, the potential roles of both mono-and dinuclear Pd(III) complexes in organometallic chemistry will be discussed. While not widely recognized, Pd in the (+III) oxidation state may play a significant role in a variety of known Pd-catalyzed reactions.