Partnership, buy-in, and co-ownership agreements for healthcare practices
Overview
Bringing in a partner — or forming a group to acquire a practice together — requires partnership documents that anticipate not the easy years but the hard ones. Death, disability, departure, dispute, and exit terms are the items that determine whether a partnership protects you or traps you. We draft the operating, shareholder, and partnership agreements with those scenarios in mind from the first signature.
What we handle
- Partnership, operating, and shareholder agreements
- Buy-in, buy-out, and buy-sell agreements
- Capital contribution and profit / loss allocation structuring
- Decision-making, voting, and deadlock provisions
- Death, disability, and involuntary-departure protocols
- Non-compete and non-solicitation among partners
Common pitfalls we plan around
- Buy-out valuation formulas that look fair until one partner wants to leave on bad terms
- Decision-making thresholds that produce deadlock
- Restrictive-covenant scope that’s unenforceable or overbroad
Our Process
How Can Our Team Help You to Reach Your Goals
01
Planning
The key to a good joint ownership or partnership structure is commitment to a set of rules from the beginning. The more certainty and agreement on operations and “what-ifs,” the better the business relationship is likely to grow and thrive. Our attorney is focused on planning for success in your partnership.
02
Negotiating
It is important to cover key issues when structuring your joint practice or partnerships. Some of these involve key legal concerns, but many are operational and exit issues that our attorney focuses on based on years or both positive and negative experiences with these dental arrangements. Bring our experience to bear.
03
Executing
As in all areas of our practice, we stay in the know about current trends in joint practice / partnership setup and drafting. Your agreements will be focused on you, and will address the concerns you have while protecting you under the law.