A dentist is part doctor, part engineer, and part artist. But they are also the most entrepreneurial of the bunch among their peers in the medical field. However, transactions in the dental field have been under increasing scrutiny to make sure they comply with numerous healthcare laws and you should have the advice of proper counsel when entering into these contracts. Selling and/or buying a dental practice could have significant financial consequences for both the seller and the buyer long after the Closing. If a contract is not properly negotiated, as a buyer you may find years after the transaction is completed that you are liable for promises, claims, and damages that were made or occurred well prior to you purchasing the practice. Likewise, as a seller you may find after the Closing that you are responsible for certain liabilities or suffer damages if the agreement is not properly negotiated on your behalf, particularly if you are financing a part or all of the purchase price or should have protected certain propriety information. And both the seller and the buyer can be found in violation of many laws and statutes that govern healthcare transactions if the deal is not properly structured.
While you should be excited about starting a new enterprise, you should take the appropriate steps to minimize any potential damage to your personal assets and wealth. I will represent you in buying or selling your dental office from negotiation through the Closing. If you are embarking on a new office start-up, I will represent you in formation of a business entity such as a professional corporation, limited liability company (LLC), or a partnership, whichever is more suitable for your practice. I will assist you to prepare for various business contingencies through the use of shareholder agreements, operating agreements, partnership agreements, etc. Additionally, I represent dentists in buying-in and buying-out of practices as a shareholder, a member, or a partner, drafting and reviewing associate employment contracts, as well as selling, buying, and leasing commercial real estate for their offices. Finally, as an experienced litigator I can vigorously pursue or defend your rights in court.
Feel free to contact me at (301) 309-9002 or (202) 309-1156 or email@example.com if I can be of assistance to you in any of the above referenced legal matters.