Dental Associate Agreements
One of the most important documents for any dentist is the Dental Associate Agreement. This contract outlines the terms of employment between a dental practice and an associate dentist. Whether you’re a practice owner looking to bring on a new associate or a dentist seeking employment, you need to understand what a dental associate agreement…
Why Do Dental Partnerships Fail?
Finding the right dental partner is important for any dentist looking to grow their practice or transition into group practice. A strong dental partnership can lead to greater efficiency, shared costs, and the ability to provide more comprehensive care to patients. However, many dental partnerships fail, often due to avoidable mistakes and oversights. Often, working…
What Dentists Need to Know: Legal Issues, Contracts, and Professionalism
As a dentist, providing high-quality care to your patients is always the top priority. However, running a successful dental practice also means navigating various legal considerations. From forming the right business entity to negotiating contracts and maintaining licensure, dentists face a wide range of legal issues. Mistakes in these areas can lead to costly disputes,…
How to Find a Dental Practice to Purchase – Brokers: What They Are and What They Aren’t
Are you a dentist looking to purchase your first practice or expand by acquiring an additional location? Finding the right dental practice for sale is one of the first and most important steps. Many dentists turn to brokers to help them navigate this complex process. When working with a broker, you should also have a…
The Negotiation and Letter of Intent Process
As a dental practice owner, you may find yourself needing to negotiate business deals or draft a letter of intent (LOI). These processes can be complicated and intimidating, especially if you’re unfamiliar with the legal aspects. Below, a dental business lawyer will dive into the negotiation and letter of intent process, providing you with valuable…
Dental Practice Buy-Ins: Legal Considerations
Are you a dentist looking to buy into an existing dental practice? Buying into a practice can be an exciting opportunity to become a practice owner, grow your career, and build long-term wealth. However, dental practice buy-ins also involve legal considerations that require careful planning and guidance from a dental practice purchase agreements lawyer to…
Preparing to Transition a Dental Practice: Common Legal and Business Mistakes and Misconceptions
Are you a dentist thinking about selling your practice or bringing on a new partner? Transitioning a dental practice is a major decision that affects your career, finances, and legacy. While exciting, it can also contain potential pitfalls if you’re not careful. Many dentists make avoidable mistakes or have misconceptions that lead to headaches down…
Things Every Employer Should Be Considering in Dental Associate Agreements
If you own a dental practice and are thinking about hiring an associate dentist, there are many important things to consider as you structure the employment agreement. A well-crafted associate agreement can set expectations, provide clarity, and help prevent disputes down the road. Conversely, an agreement that leaves out key details or includes unfair terms…
Dental Practice Start-Ups and Practice Transitions
Starting a dental practice or transitioning to a new one can be an exciting and rewarding experience, but it also comes with its fair share of challenges. From finding the right location to navigating legal and financial hurdles, there are many factors to consider when embarking on this journey. In this blog, a dental practice…
Why You Shouldn’t Buy a Dental Practice Until You Take These 5 Steps
Are you a dentist thinking about buying your own dental practice? It’s an exciting prospect, but before you dive in, hire a lawyer who focuses on dental practice acquisitions. Buying a dental practice comes with many legal and financial complexities. Without the guidance of an experienced dental practice acquisition lawyer, you could find yourself facing…
Preparing to Transition a Dental Practice: Common Legal and Business Mistakes
Are you a dentist thinking about selling your practice or retiring? Transitioning a dental practice involves many complicated legal and business considerations. In this blog, we’ll explore some of the most common mistakes dentists make when preparing to transition their practice and how you can avoid them with the help of a dental business lawyer.…
Hire a Dental Transition Lawyer Before Buying a Dental Practice
When considering the purchase of an existing dental practice or location, the best step you can take is to consult with a team of legal professionals. Working with a dental transition lawyer, accountant, and banker with experience with dental transitions ensures you make the best choices for you and your future. You can count on…