8320 Falls of Neuse Rd #111, Raleigh, NC 27615

(919) 539-9590

317 Matthews-Mint Hill Rd # 111, Matthews, NC 28105

(980) 202-6898

Planning for Tomorrow’s Goals, Today – Blog and Client Resources

Bringing on a Partner

Bringing on a Partner: a Few Key Considerations

By Dominic Totman | June 12, 2017

There are any number of circumstances or sets of conditions under which it may be appropriate, advisable or necessary to bring on a partner. Regardless of the reasons for doing so, however, bringing on a partner is a major milestone for any business, often leading to expanded fields of operation, cash and capital influxes and…

Non-competes, franchising, investment

Recent Events Roundup: Highlighting Key Concerns of Non-Competes, Franchising and Investing

By Dominic Totman | May 15, 2017

The Triangle Business Journal recently highlighted a couple of locally-arising events that have potential consequences and implications that are anything but local in scope. Consider these examples as they may apply to your business and employment endeavors. Employment Agreements and Promises not to Compete or Solicit. First up is an article about a suit brought…

HIPAA and the Practitioner’s Perspective: Appreciating the Risk

By Dominic Totman | May 4, 2017

The practicing doctor (presumably) knows that he or she is (likely) subject to the Health Insurance Portability and Accountability Act of 1996 (“HIPAA”). Less certain is whether said practitioner knows just what that means. HIPAA – particularly the provisions of HIPAA commonly known as the Privacy Rule, the Security Rule and the HIPAA Breach Notification…

“Due Diligence” in a Business Purchase: What Does It Really Mean?

By Dominic Totman | April 19, 2017

We’ve all heard the term “due diligence” and understand that it generally means to do your homework and research. What exactly the term really means depends on any number of factors, including the type of transaction, the business area and the industry involved, and the relationship between the parties in the transaction. At its heart,…

Typical Stages of a Business Purchase and Sale Transaction

By Dominic Totman | March 2, 2017

The exact details and structure of a given transaction will vary from deal to deal. But there are typical deal phases involved in most transactions, each carrying a unique set of challenges and opportunities. The information below is a basic explanation of the common phases, but is only the tip of the iceberg when it comes…

Estate Planning Basics

By Dominic Totman | February 20, 2017

As a general rule, everyone should put together an estate plan. What exactly that means will depend on your circumstances: net worth; trust planning; tax strategies, etc. Do not, however, fall into the trap of thinking that you need a certain net worth in order to need a will or estate planning. You do not.…

So You’re Graduating Dental School; What’s Next?

By Dominic Totman | February 20, 2017

That’s a good question. What is next? You’ve just spent several years dedicated to education, learning the ins and outs of dental medicine. Now it’s time to decide how your dental career will start. The good news is that you have options. Associateship. The most common route, taking an associate position with an existing practice…

Three Under-Appreciated Issues in a Practice Purchase Transaction

By Dominic Totman | February 20, 2017

When purchasing a practice, there is a veritable cornucopia of things to do. Based on the sheer number of tasks to complete to get ready to close, it is easy to overlook any number of potential risks and issues, not realizing the problem until you find closing is delayed or there is a post-closing problem…

Looking Beyond the Contract Price: Often Overlooked Contract Terms

By Dominic Totman | February 16, 2017

Running a business take time. A lot of time. So very much time. Business owners serve in many different roles and provide many different functions for their businesses. Lawyer, however, is not one of them (unless you’re a lawyer, obviously). And so, when it comes to reviewing and negotiating a contract, time constraints and other…

Six Elements of Successful Contract Negotiations

By Dominic Totman | February 14, 2017

Everyone has negotiated a contract. From haggling on the price of an old television at a garage sale, to negotiating salary and benefits at a new job, we have all negotiated a contract of one kind or another. That doesn’t mean everyone negotiates contracts well. Negotiating contracts is a skill like any other, and some…

LEGAL DISCLAIMER

The information contained on this site, including in any blog, post, article or other writing, is not legal advice and does not create an attorney/client relationship. This site and all its contents are meant for informational purposes only. Consult your attorney with questions or concerns.

MEET DOMINIC TOTMAN

As Founder and Attorney of Totman Law, my primary goal is to offer and provide these services through engaged and communicative representation and proactive insight and legal planning.