P-13 Legal and Business Considerations in Practice Transitions; Contract Considerations; Non-competes; Equity Buy-ins for DSOs/private Equity

CE Hours: 1.5

Description: Every practice transition is distinct, and each one is driven by the unique personalities of the individuals and businesses involved in the deal. And while the same can be said of the legal and strategic business considerations involved in practice transitions, there are many issues that are common across all of them. During this presentation, David M. Aafedt, Shareholder, Practice Group Leader and Board Member at the Minneapolis Law Firm of Winthrop & Weinstine, P.A., will explore the key business and legal considerations to keep in mind during any practice transition, whether the sale is being made to an individual, a practice group, or a DSO.

Learning Objectives:

• Describe the steps that a prospective seller or purchaser should undertake before commencing the transition process.
• Identify the due diligence that should be undertaken prior to closing on any practice transition.
• Summarize the key legal and strategic business considerations that arise in a practice transition.