By Christy Ratcliff CPA, CVA, Partner
The legal document phase of a practice transition is where careful planning meets practical execution. It’s where optimism about the future is paired with preparing for the unexpected. While not the most exciting part of the transition, the legal documentation is often one of the most important.
Christy brings on Ashley Wedding from Cohen Law Firm to help doctors prepare for this critical phase. This episode dives into the following:
- When you need an attorney for a transition
- What to know about the associate, purchase, partnership, and lease agreements
- Heavily negotiated areas in the transition process
- Tips for the letter of intent leading into legal agreements
Throughout the discussion, Ashley illustrates that the more you know, the better equipped you’ll be to advocate for yourself and distinguish what truly matters from what doesn’t.