Contracts
PODCAST: Blueprint to Associate Agreements
Student Entrepreneurs in Dentistry Podcast Series: Blueprint to Associate Agreements I recently had the opportunity to participate in a podcast hosted by the Student Entrepreneurs in Dentistry of UNC School of Dentistry at Chapel Hill, led by Mr. Christian Hart. The podcast focused on two topics. The first was associate agreements, particularly that first agreement after…
Read MoreKey Terms for the Business Purchase and Sale Letter of Intent
Typical Terms in a Letter of Intent There are numerous stages in any business purchase and sale transaction. It is a complex and time-consuming process. One of the earliest steps in the transaction process is establishing the fundamental terms of the deal. The typical method of doing so is through the letter of intent or…
Read MoreThe Dental Practice Purchase – A Transaction Snapshot
Each dental practice purchase is a complex process with many stages. Here is a snapshot overview of the key phases. Contact Totman Law today to learn more.
Read MoreTotman Law’s Three Underappreciated Issues Series: Three Common but Tricky Employee-Focused Issues in Written Employment Agreements
Three Overlooked Issues in Written Employment Agreements: In today’s fast-paced world, employee mobility is a vital part of our individual economic outlook. It is in light of this context – the reasonable ability of the employee to move between opportunities – that we, as employees, must review and consider employment agreements. Not every employee is asked…
Read MoreTotman Law’s Three Underappreciated Issues Series: Three Key Tenant Risk Provisions in Commercial Lease Agreements
Tenant Risk in Commercial Leases: Tenant risk in commercial leases is a redundant concept. Commercial leasing embodies risk and risk allocation for the would-be tenant. As such, and because the lease agreement remains one of the most commonly utilized contracts in commercial transactions, the commercial lease is an incredibly important component of many businesses’ operational picture,…
Read MoreBringing on a Partner: a Few Key Considerations
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…
Read MoreLooking Beyond the Contract Price: Often Overlooked Contract Terms
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…
Read MoreSix Elements of Successful Contract Negotiations
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…
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