Category: Practice Transition
Is My Non-Compete Agreement Enforceable?
A non-compete agreement is a standard provision in healthcare contracts. Non-competes are in nearly every employment agreement and practice sale agreement. These agreements also often include other restrictive covenants, such as non-solicitation agreements. The non-solicitation provisions often prevent a doctor from poaching patients and staff. However, the non-compete agreement prevents…
After Graduation – Legal Tips for New Doctors
June is graduation season for new doctors in Arizona. While graduating from medical or dental school is an enormous achievement, it may also be a time of uncertainty as you transition from the academic setting into your new career in the professional world. The following are some legal and practical…
Commercial Leases – What Doctors Need to Know
If you own your own medical or dental practice, but not the building in which it is located, you have likely encountered the dreaded commercial lease. The commercial lease is legalese in its purest form: 25 or more pages of byzantine, sometimes incomprehensible lawyer-speak that can make even some lawyers’…
Buying A Practice – What Do I Need To Do?
Whether you are buying or selling a dental practice, we recommend making a timeline and a checklist to make sure that everything is in place for the transition. You should consult with your legal and financial advisors to help address the specifics of your situation, but transitioning into a new…
What Diligence Is Due When Buying A Practice?
Most doctors know that, as part of buying a practice, they need to perform due diligence into the practice’s records to ensure they know what they are buying. However, determining what that diligence will entail can vary widely, depending on the circumstances. As a general rule, you should review at…