Legal consultation and documentation for California dental and orthodontic partnership formations and restatements are available at a flat rate for initial consultation and first draft, and hourly rates hereafter.
Income, expenses and assets can be shared equally, prorata to workdays or production or collections, or allocated separately to the partners. The document is comprehensive, generally over 30 pages, and includes extensive practice management guidelines, partner duties, compensation formulas, allocation of expenses, and buy-out terms on retirement, loss of license, disability or death.
Professional corporations for each partner (available separately) are strongly advised to avoid personal liability for acts and omissions of other partners, employees, contractors, and partnership debt. Joint representation is available with attorney’s consent and clients’ conflict of interest disclosures and consent. Also not included in the flat rate price, but available at hourly or flat rates, include practice purchases, lease review; purchase of real estate, SBA loan issues, fictitious name applications, and post-formation disputes and amendments.