PM-7 - Practice Transitions

Invited Speaker(s)

• 

  William Mandell, J.D.

  Shareholder and Head of Dental/Health Law Practice
  Pierce & Mandell, P.C.

  Nothing to disclose

Session Host(s)

• IG

  Ian Grayson, D.D.S.

  Instructor, Restorative Dentistry and Biomaterials Sciences
  Harvard School of Dental Medicine

One of the major events in the professional life of endodontists and other dental professionals is the purchase or sale of a practice or a partnership in a practice. Such an event involves numerous important legal and financial considerations. This program provides an overview of the transaction process and essential substantive legal aspects of the practice/partnership transition presented by a lawyer with over 3 decades of experience representing dentists and dental practices.

Learning Objectives:

• Attendees will be better versed in the following common questions and challenges by attending this course:
• What legal documents are necessary to buy or sell a practice? When is the right time to retain legal counsel? What are the most important early steps to take to ensure that the transition will be successful and cost/time efficient?
• How can buyers protect themselves from the liabilities of the seller? How can sellers secure commitments for post-closing activities? What are restrictive covenants and are they enforceable? What are contingencies, representations, warranties, indemnifications and a closing, and how do they affect me in a practice transition?