When buying or selling an Ortho & MSK practice, having a specialized business lawyer who understands both healthcare regulations and the unique operational aspects of musculoskeletal practices can mean the difference between a smooth transaction and costly complications. The right legal counsel will protect your interests while navigating complex issues like corporate practice of medicine laws, physician employment agreements, and ancillary service arrangements that are particularly relevant to orthopedic practices.
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Top Business Lawyer Firms Specializing in Ortho & MSK
1. Jackson Walker
Headquarters: 2323 Ross Avenue, Suite 600, Dallas, TX 75201
Service Area: Texas, Nationwide for Healthcare M&A
Website: https://www.jw.com
2. Epstein Becker & Green
Headquarters: 875 Third Avenue, New York, NY 10022
Service Area: National with 14 U.S. offices
Website: https://www.ebglaw.com
3. Mayer Brown
Headquarters: 71 South Wacker Drive, Chicago, IL 60606
Service Area: Global reach with U.S. and international offices
Website: https://www.mayerbrown.com
4. Holland & Knight
Headquarters: 701 Brickell Avenue, Suite 3300, Miami, FL 33131
Service Area: National with 30+ U.S. offices
Website: https://www.hklaw.com
How to Select the Right Business Lawyer for Your Ortho & MSK Practice Transaction
Choosing the right legal counsel starts with evaluating their specific experience in orthopedic and musculoskeletal practice transactions, as these deals often involve complex ancillary services like imaging centers, physical therapy, and ambulatory surgery centers. You’ll want to interview multiple firms, comparing not just their hourly rates but their track record with similar-sized practices and their understanding of current market trends affecting orthopedic practice valuations, which typically range from 4-8x EBITDA. Most importantly, ensure your chosen firm can work seamlessly with your M&A advisor and other transaction professionals to create a coordinated approach that protects your interests while maximizing value.
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Frequently Asked Questions
Why is it important to have a specialized business lawyer for Ortho & MSK practice mergers and acquisitions?
A specialized business lawyer understands healthcare regulations and the unique operational aspects of musculoskeletal practices, which helps ensure a smooth transaction and avoids costly complications. They are crucial for navigating complex issues like corporate practice of medicine laws, physician employment agreements, and ancillary service arrangements specific to orthopedic practices.
Which law firms are recommended for handling Ortho & MSK practice mergers and acquisitions?
The recommended law firms include Jackson Walker (Texas and nationwide), Epstein Becker & Green (national with 14 U.S. offices), Mayer Brown (global reach), and Holland & Knight (national with 30+ U.S. offices).
What factors should you consider when selecting a business lawyer for your Ortho & MSK practice transaction?
You should evaluate their experience in orthopedic and musculoskeletal practice transactions, their success with similar-sized practices, their understanding of market trends affecting orthopedic practice valuations, and their ability to coordinate with your M&A advisor and other transaction professionals.
What is the typical range of orthopedic practice valuations?
Orthopedic practice valuations typically range from 4 to 8 times EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization).
How can business lawyers help maximize value in an Ortho & MSK practice transaction?
Business lawyers can create a coordinated approach with M&A advisors and other professionals, ensuring all legal aspects are managed properly while protecting the client’s interests, which ultimately helps maximize the transaction’s value.
