A dental partnership should describe how the owners will make decisions, share the economics, and handle changes in the relationship. JTB Law helps practice owners and prospective partners evaluate buy-ins, buyouts, governing agreements, and the documents behind shared ownership.
Justin Blair brings a dental transaction attorney’s attention to the terms and an M.B.A.’s business perspective to the arrangement. You work directly with Justin to understand the proposed rights, responsibilities, and tradeoffs.
Before an associate or new partner buys in
An ownership offer can involve several separate decisions: what interest is being acquired, how the price is paid, how clinical work is compensated, and which decisions the new owner can influence. We help identify those questions and connect the purchase terms with the governing documents.
- Equity purchase and subscription agreements
- Operating agreements, bylaws, and shareholder agreements
- Capital contributions, financing obligations, and potential dilution
- Voting rights, management authority, and approval requirements
- Compensation arrangements, distributions, and information rights
Plan for changes in the ownership group
A useful partnership agreement also addresses the situations the owners may face later. These can include a voluntary departure, retirement, disability, death, disputes, or a proposed sale. We help evaluate transfer restrictions, buy-sell provisions, valuation mechanisms, and the process for making important decisions.
The right terms depend on the practice, the owners’ goals, and the legal and tax considerations involved. We coordinate with the transaction team and other advisers as appropriate.
Review employment and ownership together
A dentist may be both an owner and a clinician working under a separate agreement. The documents should be reviewed together so that compensation, termination, restrictive covenants, and ownership consequences are understood as part of the same relationship.
For a partnership involving a DSO or platform investment, explore our DSO transaction services. For a new professional practice, see professional entity formation.
Can you review an agreement that has already been drafted?
Yes. We can discuss a review and negotiation engagement based on the documents you have received and the decisions you need to make. The initial discussion helps establish which related agreements are needed and what the review would cover.
Do you help existing owners with buyouts?
JTB Law advises on ownership transitions and the contractual arrangements that support them. We can discuss the proposed buyout, existing governing agreements, payment terms, and related transition issues. The firm focuses on corporate and transactional work and can help identify litigation counsel when needed.
Learn more about Justin’s experience or explore dental practice purchases and sales.
Discuss your next step
A complimentary 30-minute consultation is an opportunity to discuss your goals, the scope of your matter, and whether JTB Law is a fit. Representation begins after the engagement and any required conflict review are complete.
Or call (801) 850-6820. Please do not send confidential documents before an engagement is established.