Whether you are a buyer or a seller, it is important to have a written, enforceable contract in place for the acquisition or sale of your dental practice. However, the dental industry is a unique and complicated profession. There are numerous areas in which a dentist must be protected, but you may not find those "protections" in a standard form business purchase agreement. Wood and Morgan has been the leader for the past three decades in the development, implementation, and perfection of dental practice purchase agreements. Wood and Morgan has crafted what has become the standard for the industry and has tackled many of the most important issues in the sale or acquisition of dental practices for over three decades. Restrictive covenants, uncompleted dental work, redo work, transition time periods, referral sources, medical and insurance plan issues, accounts receivable collection, as well as many other issues unique to the dental industry, have been drafted and constantly revised to reflect changes in state and federal law.
While we have helped thousands of dentists sell or acquire their dental practices, every transition is unique and requires personal, hands-on review and understanding for each individual client. Our firm was founded upon such principles and this continues to be our goal as we enter into our fourth decade representing dentists in the sale or acquisition of their dental practices.