An L pad is a network composed of two impedances that typically resemble the letter capital "L" when drawn on a schematic. It is commonly used for attenuation and for impedance matching.
Speaker L pad
A speaker L pad is a special configuration of rheostats used to control volume while maintaining a constant load impedance on the output of the audio amplifier. It consists of a parallel and series resistor in an "L" configuration. As one increases in resistance, the other decreases, thus maintaining a constant impedance, at least in one direction. To maintain constant impedance in both directions, a "T" pad must be used. In loudspeakers it is only necessary to maintain impedance to the crossover; this avoids shifting the crossover point.
A constant-impedance load was important in the days of vacuum tube power amplifiers, because such amplifiers often did not work efficiently when terminated into an impedance greatly different than their specified output impedance. This was only true of full range speakers. Most modern applications for full range speakers use tapped transformers. Maintaining constant impedance is less important to modern amplifiers using solid state electronics.
In high frequency horns, the L Pad is seen by the crossover, not the amp. L pads may not necessarily use infinitely variable rheostats, but instead a multi-position rotating selector switch wired to resistors on the back. Tapped transformers are not L pads—low-end manufacturers to the contrary; they are autoformers. L pads can also be used at line level, mostly in pro applications.
Audio-frequency (AF) operation
The L pad attenuates the signal by having two separate rheostats connected in an "L" configuration (hence the name). One rheostat is connected in series with the loudspeaker and, as the resistance of this rheostat increases, less power is coupled into the loudspeaker and the loudness of sound produced by the loudspeaker decreases. The second rheostat is connected between the input and ground (earth). As the first rheostat increases in resistance, the second rheostat decreases in resistance, keeping the load impedance (presented at the input of the L pad) constant. The second rheostat usually has a special taper (function of resistance versus rotation) to accommodate the need for constant input impedance.
Radio-frequency (RF) operation
In RF (radio frequency) applications, the L network is the basis of many common impedance matching circuits, such as the pi network employed in amplifiers and the T network that is common in transmatches.
The L network relies on a procedure known as series-parallel transformation. For every series combination of resistance, RS, and reactance, XS, there exists a parallel combination of RP and XP that acts identically to the voltage applied across the series combination. In other words, the series components and the parallel components provide the same impedance at their terminals. The transformation ratio is the ratio of the input and output impedances of the impedance matching network.
The series-parallel transformation allows the input impedance to be dropped down to lower impedances while sustaining a voltage across the circuit. This system works in reverse as well. The equations needed for this transformation are as follows:
Q = XS/RS= RP/XP = [(Rp/Rs)-1 ]^0.5 
RP = RS (Q2 + 1) and RS = RP / (Q2 + 1) 
XS = QRS and XP = RP / Q 
For the resistance Rs and reactance Xs in series, Rp and Xp exist as a parallel combination. One simply needs to know the input impedance Rp and to choose the output impedance Rs. Or conversely know Rs and choose Rp. Keep in mind that Rp must be larger than Rs. Because reactance is frequency dependent the L network will only transform the impedances at one frequency.
Inclusion of two L networks back to back creates what is known as a T-network. T-networks work well for matching an even greater range of impedances.
If a source and load are both resistive (i.e. Z1 and Z2 have zero or very small imaginary part) then a resistive L pad can be used to match them to each other. As shown, either side of the L pad can be the source or load, but the Z1 side must be the side with the higher impedance. 
There is an inherent insertion loss
where = power dissipated by load and = power dissipated by the pad resisters. Large positive numbers means loss is large.
The loss is a monotonic function to the impedance ratio. Higher ratios require higher loss.
Speaker L pads are designed to match the impedance of the speaker, so they were commonly available with 4, 8, and 16 Ω impedances.
- Andrew Yoder (2000). Auto audio: choosing, installing, and maintaining car stereo systems (2nd ed.). McGraw-Hill Professional. p. 234. ISBN 978-0-07-134689-4.
- Valkenburg (1998, pp. 11_3-11_5)
- Silver, H. Ward, Experiment #21: The L-Network (Hands-On Radio), QST, Oct. 2004, pp. 62-63
- Basic Car Audio Electronics: "L-Pads" http://www.bcae1.com/lpad.htm
- Valkenburg, Mac E. van (1998), Reference Data for Engineers: Radio, Electronics, Computer and Communication (eight ed.), Newnes, ISBN 0-7506-7064-9