Ideally, when you put together a dental partnership, you include the terms for what you needed to do later, if one or both of you wanted out of the partnership agreement. Unfortunately, that's not always the case, which means that you might need help to figure out how to effectively dissolve your partnership in a way that works for both of you. Whether you have a contract that clearly sets out how you need to go about dissolving your dental partnership or you're not sure where to start with the dissolution, there are several steps to follow.Read More
Shareholder agreements: what, exactly, are they? How will they help you form the backbone of your dental practice? If you're thinking about forming a partnership with another dentist, especially if you're thinking about forming a partnership with several dentists, it's important that you understand the distinction between shareholder agreements and partnership agreements--and how shareholder agreements can help improve the functionality of your practice.Read More
The drafting and implementation of employment contracts may not be one of the most exciting parts of running a dental and medical practice, but these contracts have become a necessary component of most successful businesses. Employment contracts can cover everything from salary and bonus structures to parking policies and the office dress code. In other words, employment contracts are intended to be flexible, “living” documents which can be modified to address a wide array of employee rights and responsibilities.
One provision of employment contracts has come under fire: the confidentiality clause. More than simple reinforcement of the patient protections covered by HIPAA, for example, employers are finding that requiring emRead More