The Role of Attorneys in Dental Practice Negotiations Advantages for Buyers
Feb 28 2024 0

The Role of Attorneys in Dental Practice Negotiations: Advantages for Buyers

Attorney Marlene Leiva of the Leiva Law Firm can help you when you are ready to purchase your own dental practice in the greater Los Angeles area. With over 25 years of experience helping prospective buyers protect their rights and manage the many complexities that come with dental practice purchase agreements, the attorneys at Leiva Law Firm will ensure that everything is done right. With the assistance of an attorney at Leiva Law Firm, you can rest assured that your reputation will be preserved and your business will be put on a trajectory for success.

Purchasing your own dental practice is not only an exciting proposition but an ambitious one as well. Running your own practice and taking care of your patients may be the epitome of your professional goals but moving forward with an acquisition is a complex thing to do where all steps in the process must be executed effectively. 

If you are looking for the perfect dental practice, then having an attorney on your side to help you is critical. There are several advantages to having a trained and experienced Los Angeles purchase agreement attorney supporting you so that you are best positioned to make this life-changing move. 

The Advantages of Working with an Attorney When Purchasing a Dental Practice

The Role of Attorneys in Dental Practice Negotiations Advantages for BuyersAn attorney is a critical and invaluable asset to have when researching practices and deciding to buy one. There are intricate rules and laws that are associated with dental practice acquisitions. Having an attorney assist you can ensure that you don’t fall victim to mistakes on the forefront that can harm you and your practice in the future.

There are several benefits an attorney can provide a prospective buyer, including, but not limited to, the following:

  • Tactical negotiations on terms of purchase and price.
  • Conducting due diligence in researching a practice and following up on every aspect including operational, legal, and financial.
  • Reviewing contracts.
  • Drafting contracts.
  • Ensuring that the practice is compliant with the many regulations, healthcare, and privacy laws. Identifying areas where past or current violations could be present.
  • Providing dispute resolution and professional litigation services, should a legal issue arise. It is imperative that a dentist is protected. By having a legal professional helping protect and advocate for their interests, it is much easier to secure the most desired outcomes.
  • Identify risks and provide options to mitigate them.
  • Handling legal matters so you can focus on running your business, building it, and providing the highest-quality dental care to your patients.
  • Drafting employee handbooks to support operations.

A dental practice purchase attorney can make the entire process move along more smoothly and the transition to becoming an owner less stressful. Having an attorney assist you with the dental practice purchase process from the start is an investment that will pay dividends in the long run. 

Speak with an Attorney at Leiva Law Firm

While offering excellent dental services to your community and your patients is a key factor for your business to thrive, it is also important to have the legal aspects of your business handled by a capable and experienced professional. 

For more information about how an attorney at the Leiva Law Firm can help you find the right dental practice and purchase it, you are welcome to call (818) 519-4465 to schedule a free consultation today.

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