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A Guide for Dentists: How to Sell your Practice to a DSO

Throughout the United States Dental service organizations (DSOs) are working with licensed dentists to acquire existing dental practices at an accelerating pace. DSOs offer to bring economies of scale to existing dental practices to reduce overhead and fuel expansion.  Our clients have opted to partner with DSOs for varying reasons. Some doctors are nearing retirement,…

Unlocking the Secrets of Working with Brokers: A Guide for Dentists

Brokers are facilitators. They help their clients in various ways, from selling and buying dental practices and real estate to negotiating commercial leases between renters and property owners. All private practice dentists should get familiar with this type of professional since they can be useful along their career journey. Licensed brokers are responsible for ensuring…

A Guide to Professional Medical Corporations in California

In California, there are many potential advantages to incorporating a professional service corporation (professional corporation) as opposed to operating as an individual (sole proprietor) whether alone or in a partnership. However, incorporating a professional corporation is not simple and requires strict compliance with state and federal laws, rules and regulations.  Our firm has  developed this…

The CPI Provision in Your Commercial Lease: What You Need to Know

In commercial leases spanning multiple years or containing renewal terms, the amount of base rent or additional rent due may be adjusted in response to increases in the Consumer Price Index, or “CPI”. What does this kind of provision mean for rents and sums due under a commercial lease that you are currently negotiating, or…

5 Things to Consider When Buying a Dental Practice

Are you thinking about buying an existing dental practice? The first step in purchasing a dental practice is knowing what to look for. Additionally, you should consider how much income you will generate, how much potential for growth the practice has, and whether you will own the real estate.   We’ve broken down the business side…

Dental Support Organizations: Five Benefits to Consider

For better or worse, Dental Support Organizations are growing rapidly in the dental industry. These organizations carry a colorful spectrum of reputations ranging from excellent and sophisticated to disorganized and predatory. As a clinician or professional in the dental market, it is critical to have a well-informed and experienced team of advisors and attorneys that…

6 Common Traps in Dental Office Leases

A dental office lease can contain traps and causes that can cost you thousands of dollars, making it one of the most important documents you’ll ever sign.  Landlords use leases to maximize their profits from dentists. This is why you should keep an eye out for terms and clauses within contracts that may be designed…

Top 4 Considerations Before Signing a Dental Associate Agreement 

New dentists who have recently graduated from dental school are often unprepared to make the leap to buy or start their own practice. For this reason, working for an established dental practice can be a great way to jump into the deep end and gain the required experience to propel your career. A dental associate…

The Dual Agency Dilemma

In many states, Brokers may represent both the buyer and seller in a real estate transaction or business opportunity. This is called a dual agency relationship and it presents a few unique issues that should be understood.  A dual agent often means an agent acting, either directly or through a salesperson or broker associate, as…

Arbitration

Protect: Employment Arbitration Agreements Employment-related disputes can be draining, expensive, and time-consuming. Even more so when the claims are meritless. This blog post will identify employment-related claims and how to protect against them by using arbitration agreements. Common Employment Claims Claims against employers can arise from 1) breaches of contract (oral or written); 2) tort…