Our Services

Ziegler Practice Transitions, Ltd. is a dental practice transition consulting firm that specializes in Orthodontic Practice Transitions. Our firm focuses on the overall transition from beginning to end and we custom tailor each transition to fit the specific needs surrounding each unique situation. Our services cover the complete transition process from Practice Appraisal including Tax Allocation, through the negotiation process to Final Execution Documents for every possible type of transition: Associateships, Partnerships, Complete Practice Acquisitions and Fractional Practice Acquisitions. For all of our services we have predetermined, set fees (with the exception of Buyer Representation cases). This flat-fee structure allows you to know exactly what you are going to spend prior to any commitment being made.

Dual Representation of the Buyer & Seller

We prefer to work with both Buyer and Seller functioning as a mediator / consultant / educator whose sole purpose is to deliver a fair-to-both, neutral transition. This method has been proven time and time again to be the fairest and simplest way to quickly deliver a win-win situation to both parties. Dual Representation is a far more cost effective and less confrontational method when compared to traditional hourly rates. In fact, it even surpasses our Single Representation services for Buyer or Seller with regard to affordability and fairness. It typically takes us about 100 days to complete the transition from the moment we receive the materials necessary to perform the Practice Appraisal to the delivery of the Final Execution Documents.

Single Representation of the Buyer

If you are a Buyer and the Seller desires independent counsel, we can represent your interest alone. In this situation, we will be negotiating the deal on your behalf. Single Representation of the Buyer is slightly less expensive than Dual Representation. However, we will not be the drafting attorneys; therefore, we cannot ultimately control the quality of the documents. The transition timeline in this scenario will largely be controlled by the Seller’s attorneys.

Note: Fees for Buyer Representation will be billed at the rate of $350 per hour with maximum limits.

Single Representation of the Seller

If you are a Seller and the Buyer desires independent counsel, we can represent your interest alone. In this situation, we will be drafting the documents. As a result, we will have greater control over the quality of the documents and overall fairness of the transition. This method will result in a similar transition timeline to that of Dual Representation. The cost is greater because you will not split the fees with the Buyer, however, the fees will be less than they would be with typical fee-for-service attorneys.

Practice Matching Assistance

We also provide an ancillary service to assist the Buyer and Seller in finding one another when needed. Ziegler Practice Transitions, Ltd. does not receive compensation for any matching efforts as this is not our primary business function. We merely offer this service in hope that you will choose our firm for your transition needs (Practice Appraisals, Associate Employment Agreements and Purchase & Sale documents).

Note: Practice transition documents conform to the Uniform Commercial Code (UCC) and the Internal Revenue Code (IRC) which is applicable in all 50 states. Real Estate Leases, Real Estate Purchases and Non-compete language vary from state to state. We will work with the local practice attorney to insure that these aspects comply with state law.

 

Ziegler Practice Transitions, Ltd. • 6520 Kenwood Rd. Cincinnati, OH 45243-2316 • Office: 513-271-0053 • Fax: 513-271-8253 • E-mail Us