Experience makes all the difference in this specialized area of the law as there are a wide array of nuances in acquiring a practice, the office space, and equipment necessary to operate the business. Understanding the unique realm of dental, medical, and veterinary law, GADC’s industry leading team provides protections for medical professionals during the negotiation process that are often overlooked. For example, lenders, landlords, regulatory agencies and local business districts maintain different and distinct requirements for the transfer of a practice. We ensure these requirements are satisfied. Further, our relationships with lenders, contractors, and equipment vendors help us position our clients to timely and efficiently complete a transaction. We also acknowledge that our clients are extremely busy, and therefore, we work around your schedule to provide flexibility and comfort from start to finish.
Commercial leases often include cumbersome and one-sided covenants that hurt medical professions. For example, many medical professionals do not realize that landlords want to use your medical equipment as collateral for lease payments. Landlords may also require personal guarantees or rent payments based on practice revenue. Our goal is to protect your interests. By skillfully negotiating these lease terms and more, we are able to help our clients achieve long term success.
REAL ESTATE ACQUISITIONS
With over a billion dollars of closed real estate transactions by our seasoned team, we cover all bases to guide you through the closing process, including negotiating the purchase contract and the loan documents. We are there every step of the way.
We facilitate the formation of your PA, PLLC, LLC, or Corporation so that you are ready to receive your first patient as quickly as possible. One key aspect of the services we provide is to ask the right questions to enable our clients to operate under the business entity best suited for their particular set of circumstances.
DRAFTING AND NEGOTIATING CONTRACTS
The addition of a new staff member, independent contractor, or a service provider can be stressful. We assist our clients in facilitating this process by avoiding often overlooked pitfalls that arise during employment or service.