CPI Adjustment Clauses in Commercial Dental Leases
Leasing a new commercial space for your dental practice can be an exciting step in growing your business and expanding your patient base. However, all dental practitioners should understand the complexities of the lease agreement to protect your financial interests. Leasing a commercial space for your dental practice goes beyond the basic rental agreement. Various…
How to Choose the Right Dental Attorney for Your Dental Business Transaction
When it comes to the business side of dentistry, having the right legal guidance is crucial. Whether you are buying or selling a dental practice, navigating the complex world of dental business transactions can be overwhelming. This is where a dental attorney comes in. A dental business transaction attorney handles legal matters related to dental…
How a Dental Attorney Can Help You Buy a Practice
Buying a dental practice is a major decision that requires careful consideration and professional guidance. Whether you are a seasoned dentist looking to expand your practice or a recent graduate eager to start your dental career, acquiring an existing dental practice can offer numerous benefits and opportunities. However, navigating the complex legal and financial aspects…
A Dental Attorney Can Draft an Employment Agreement That Prevents Patient Misappropriation
As a dental practice owner, you have invested years of hard work and dedication into building a successful business. You have established a loyal patient base and nurtured relationships with your clients. But what happens when an employee decides to leave your practice and takes those patients with them? Patient misappropriation can be a devastating…
What is an MSO/DSO Transaction?
If you’re a dental practitioner looking to expand your practice or make strategic business moves, you may have come across the terms MSO (Management Service Organization) and DSO (Dental Service Organization) transactions. These transactions are becoming increasingly popular in the dental industry, offering dentists new opportunities for growth and efficiency. However, navigating the complexities of…
Types of Dental Partnerships
If you’re a dentist looking to join forces with others in your field, it’s important to understand the different types of partnerships available. Each type offers unique advantages and operates in a way that can significantly impact your practice and professional journey. If you are deciding whether to enter a dental partnership, always consult an…
What Is an MSO and a DSO?
In dentistry, two acronyms often pop up: MSO and DSO. For dentists and dental professionals, understanding these terms is key to effectively handling the business side of their practices. Let’s break down what MSOs and DSOs are and how they can play a role in the success of a dental practice. Consult an experienced MSOs…
Why Dentists Should Hire a Dental Lawyer When Leasing Out Office Space
When running a successful dental practice, finding the right office space is as important as having the best dental equipment. However, leasing office space can involve potential legal pitfalls. This is where a dental lawyer can help. Let’s cover why hiring a dental business lawyer is a wise decision for dentists when leasing office space.…
Is a Dental Partnership Right for Your Practice?
Making the choice to enter a dental partnership is a significant decision that impacts the trajectory of your dental practice. It is essential to consider the factors that can influence this decision. As a law firm primarily serving dental professionals, Wood & Morgan is committed to guiding our clients through the complexities of dental partnerships.…
Building Successful Dental Partnerships: Key Strategies for Dental Professionals
The idea of a dental partnership carries with it the promise of shared resources, collective skills, and a united approach to navigating the evolving dental landscape. By understanding the key factors to build a successful dental partnership, dental professionals can amplify the rewards while minimizing the challenges. Here are some goals for dental professionals to…
Identifying Fraud in Dental Practice Acquisitions
Completing a dental practice acquisition is a significant milestone for dentists. Closing these transactions can be time-consuming, expensive, and complex. Additionally, the buyer takes on significant business risk associated with transitioning another person’s business. And part of this risk relates to insurance fraud. While dentists are supposed to adhere to the highest ethical and legal…
5 Benefits of Having a Dental Attorney on Retainer
As a dental professional, staying informed about the ever-changing legal landscape is essential to protect your practice and reputation. To ensure you have expert guidance readily available, having a dental attorney on retainer can prove to be a game-changer. In this blog, we will delve deeper into the five key advantages of having a dental…