

Legal 123s with ByrdAdatto
ByrdAdatto
ByrdAdatto is a national business and healthcare law firm with offices in Dallas and Chicago. Founding Partners Brad Adatto and Michael Byrd meet a lot of interesting people and learn their stories. Running a business can be overwhelming, especially trying to keep up with all of the rules and regulations. A seemingly simple business decision can completely destroy your business based on layers of regulations and other unknown factors. This podcast is dedicated to helping you simplify these complicated issues and to illustrate practical solutions to obstacles through the power and wisdom of real client stories.
Episodes
Mentioned books

Aug 11, 2021 • 32min
Fake or Real with Anna Brewer: A Medical Practice Has No Value
As we emerge from the global pandemic, we are more focused on the bigger picture than ever. In this episode Michael and Brad are joined by special guest, Anna Brewer. Anna shares her expertise as a CVA (Certified Valuation Analyst) on medical practice valuations and principles to follow in order to arrive at a valuation. In this episode we confront the incorrect assumptions most doctors are told about the value of their practice. We share big picture observations for medical practice valuations as we look into the future. Visit our website www.byrdadatto.com to learn more and to subscribe to the ByrdAdatto newsletter. Follow us on social media to stay up-to-date on the ByrdAdatto family. Finally, subscribe to our YouTube channel for short videos on breaking developments and interesting business and health care compliance topics.Visit https://www.byrdadatto.com/banter/legal-123s-with-byrdadatto-fake-or-real-with-anna-brewer-a-medical-practice-has-no-value/ to read the episode’s transcript which has been edited for readability. Facebook: https://www.facebook.com/ByrdAdatto/Twitter: https://twitter.com/ByrdAdattoInstagram: https://www.instagram.com/byrdadattolaw/LinkedIn: https://www.linkedin.com/company/byrdadattoYouTube: https://www.youtube.com/channel/UC6VSOw0W5lrrj4iIl1HxTbg

Aug 4, 2021 • 27min
Gordon Gekko Plan - Selling Your Medical Practice to Private Equity
In this episode, Michael and Brad focus on the impact private equity had on one of our physician clients. As part of our theme this season, we zoom out and discuss the big picture impact private equity is having on the medical industry. In the second part of the episode we break down valuations and fair market value, and the pros and cons of structure of the purchase agreements.Visit our website www.byrdadatto.com to learn more and to subscribe to the ByrdAdatto newsletter. Follow us on social media to stay up-to-date on the ByrdAdatto family. Finally, subscribe to our YouTube channel for short videos on breaking developments and interesting business and health care compliance topics.Visit https://www.byrdadatto.com/banter/legal-123s-with-byrdadatto-gordon-gecko-plan-selling-your-medical-practice-to-private-equity/ to read the episode’s transcript which has been edited for readability. Facebook: https://www.facebook.com/ByrdAdatto/Twitter: https://twitter.com/ByrdAdattoInstagram: https://www.instagram.com/byrdadattolaw/LinkedIn: https://www.linkedin.com/company/byrdadattoYouTube: https://www.youtube.com/channel/UC6VSOw0W5lrrj4iIl1HxTbg

Jul 28, 2021 • 29min
Speaking the Language of Non Competes With Leiza Dolghih
Having a well-drafted, reasonable non-compete agreement can protect your medical practice from unfair competition and avoid costly litigation. In this episode, Michael and Brad are joined by trial attorney, Leiza Dolghih as she shares two stories about physician non-compete agreements. Tune in to find out how Leiza responded to these enforcement actions.Visit our website www.byrdadatto.com to learn more and to subscribe to the ByrdAdatto newsletter. Follow us on social media to stay up-to-date on the ByrdAdatto family. Finally, subscribe to our YouTube channel for short videos on breaking developments and interesting business and health care compliance topics.Visit https://www.byrdadatto.com/banter/legal-123s-with-byrdadatto-speaking-the-language-of-non-competes-with-leiza-dolghih/ to read the episode’s transcript which has been edited for readability. Facebook: https://www.facebook.com/ByrdAdatto/Twitter: https://twitter.com/ByrdAdattoInstagram: https://www.instagram.com/byrdadattolaw/LinkedIn: https://www.linkedin.com/company/byrdadattoYouTube: https://www.youtube.com/channel/UC6VSOw0W5lrrj4iIl1HxTbg

Jul 21, 2021 • 35min
COVID-19 - Where Are We Now?
Like all great entrepreneurs, our clients learned how to innovate and adapt during the COVID-19 pandemic. In this episode, Michael and Brad zoom out and reflect on the impact of COVID-19. We share how the pandemic affected our lives professionally and personally, the impact it had on our clients in the medical industry and evaluate where we are now.Visit our website www.byrdadatto.com to learn more and to subscribe to the ByrdAdatto newsletter. Follow us on social media to stay up-to-date on the ByrdAdatto family. Finally, subscribe to our YouTube channel for short videos on breaking developments and interesting business and health care compliance topics.Visit https://www.byrdadatto.com/banter/legal-123s-with-byrdadatto-covid-19-where-are-we-now/ to read the episode’s transcript which has been edited for readability. Facebook: https://www.facebook.com/ByrdAdatto/Twitter: https://twitter.com/ByrdAdattoInstagram: https://www.instagram.com/byrdadattolaw/LinkedIn: https://www.linkedin.com/company/byrdadattoYouTube: https://www.youtube.com/channel/UC6VSOw0W5lrrj4iIl1HxTbg

Jul 14, 2021 • 26min
Escaping the Bear Trap – What to do when you step into a board investigation?
As we come out of the pandemic, we are going to step back and look at how the issues we discuss will be impacted in our new normal. In this episode, we share the story of a board certified plastic surgeon who received the dreaded knock on his door from a medical board investigator. Tune in as Michael and Brad share their perspectives on the reality of board investigations in our post-pandemic world.Visit our website www.byrdadatto.com to learn more and to subscribe to the ByrdAdatto newsletter. Follow us on social media to stay up-to-date on the ByrdAdatto family. Finally, subscribe to our YouTube channel for short videos on breaking developments and interesting business and health care compliance topics.Visit https://www.byrdadatto.com/banter/legal-123s-with-byrdadatto-escaping-the-bear-trap-what-to-do-when-you-step-into-a-board-investigation/ to read the episode’s transcript which has been edited for readability. Facebook: https://www.facebook.com/ByrdAdatto/Twitter: https://twitter.com/ByrdAdattoInstagram: https://www.instagram.com/byrdadattolaw/LinkedIn: https://www.linkedin.com/company/byrdadattoYouTube: https://www.youtube.com/channel/UC6VSOw0W5lrrj4iIl1HxTbg

Jul 7, 2021 • 5min
Season 5 Preview
In this episode, we take a look back on our favorite stories and lessons learned from season four of the Legal 123s with ByrdAdatto and our theme When Should I Ask For Help? We also share a sneak peek of season five and our new theme, Zoom Out which starts on July 14th.Visit our website www.byrdadatto.com to learn more and to subscribe to the ByrdAdatto newsletter. Follow us on social media to stay up-to-date on the ByrdAdatto family. Finally, subscribe to our YouTube channel for short videos on breaking developments and interesting business and health care compliance topics.Visit https://www.byrdadatto.com/banter/legal-123s-with-byrdadatto-season-5-preview/ to read the episode’s transcript which has been edited for readability. Facebook: https://www.facebook.com/ByrdAdatto/Twitter: https://twitter.com/ByrdAdattoInstagram: https://www.instagram.com/byrdadattolaw/LinkedIn: https://www.linkedin.com/company/byrdadattoYouTube: https://www.youtube.com/channel/UC6VSOw0W5lrrj4iIl1HxTbg

Jun 23, 2021 • 30min
Signing Blindly – Physician Employment Agreement with Gary Tuma, M.D
Clients that blindly enter into an agreement and never look at the details of the actual arrangement often find themselves in a messy situation. In this episode, we are joined by two very special guests. In the first part of the episode we are joined by Gary A. Tuma, MD as he shares a personal story about the trials and tribulations of his first employment agreement. In part two we are joined by another special guest to discuss employment agreements, non-compete agreements and other key elements medical providers must understand. Visit our website www.byrdadatto.com to learn more and to subscribe to the ByrdAdatto newsletter. Follow us on social media to stay up-to-date on the ByrdAdatto family. Finally, subscribe to our YouTube channel for short videos on breaking developments and interesting business and health care compliance topics.Visit https://www.byrdadatto.com/banter/legal-123s-with-byrdadatto-signing-blindly-physician-employment-agreement-with-gary-tuma-m-d/ to read the episode’s transcript which has been edited for readability. Facebook: https://www.facebook.com/ByrdAdatto/Twitter: https://twitter.com/ByrdAdattoInstagram: https://www.instagram.com/byrdadattolaw/LinkedIn: https://www.linkedin.com/company/byrdadattoYouTube: https://www.youtube.com/channel/UC6VSOw0W5lrrj4iIl1HxTbg

Jun 16, 2021 • 33min
Blind Spot - Partnering With A Friend
They say you should never do business with a friend… Tune in as Michael and Brad share a cautionary tale of best friend plastic surgeons who decided to leave their academic hospital and partner together to build their own private practice. In the second half of the episode Michael and Brad are joined by a special guest to break down the 4Cs – Cost, Compensation, Control, and Contingencies. Visit our website www.byrdadatto.com to learn more and to subscribe to the ByrdAdatto newsletter. Follow us on social media to stay up-to-date on the ByrdAdatto family. Finally, subscribe to our YouTube channel for short videos on breaking developments and interesting business and health care compliance topics.Visit https://www.byrdadatto.com/banter/legal-123s-with-byrdadatto-blind-spot-partnering-with-a-friend/ to read the episode’s transcript which has been edited for readability. Facebook: https://www.facebook.com/ByrdAdatto/Twitter: https://twitter.com/ByrdAdattoInstagram: https://www.instagram.com/byrdadattolaw/LinkedIn: https://www.linkedin.com/company/byrdadattoYouTube: https://www.youtube.com/channel/UC6VSOw0W5lrrj4iIl1HxTbg

Jun 9, 2021 • 26min
The Downside to the D.I.Y. Movement
As the D.I.Y. movement grows, we are seeing more and more risky areas. In this episode, Michael and Brad share a cautionary tale of a surgeon client who decided to build his own exit plan that was doomed from the start. Tune in as we dive into the details of understanding the financial health, legal health and operational health of a medical practice. Visit our website www.byrdadatto.com to learn more and to subscribe to the ByrdAdatto newsletter. Follow us on social media to stay up-to-date on the ByrdAdatto family. Finally, subscribe to our YouTube channel for short videos on breaking developments and interesting business and health care compliance topics.Visit https://www.byrdadatto.com/banter/legal-123s-with-byrdadatto-the-downside-to-the-d-i-y-movement/ to read the episode’s transcript which has been edited for readability. Facebook: https://www.facebook.com/ByrdAdatto/Twitter: https://twitter.com/ByrdAdattoInstagram: https://www.instagram.com/byrdadattolaw/LinkedIn: https://www.linkedin.com/company/byrdadattoYouTube: https://www.youtube.com/channel/UC6VSOw0W5lrrj4iIl1HxTbg

Jun 2, 2021 • 29min
Asking For A Friend – Questions From The MedSpa Show
Asking for help before it’s too late can make or break a business. In this special episode, Michael and Brad sit down to answer “your friends” questions from the 2021 AmSpa Medical Spa Show. In this episode, Michael and Brad answer questions “your friends” submitted during the sold out 2021 Medical Spa Show presented by the American Med Spa Association. Tune in and see if one of these questions sounds familiar!Visit our website www.byrdadatto.com to learn more and to subscribe to the ByrdAdatto newsletter. Follow us on social media to stay up-to-date on the ByrdAdatto family. Finally, subscribe to our YouTube channel for short videos on breaking developments and interesting business and health care compliance topics.Visit https://www.byrdadatto.com/banter/legal-123s-with-byrdadatto-asking-for-a-friend-questions-from-the-medspa-show/ to read the episode’s transcript which has been edited for readability.Facebook: https://www.facebook.com/ByrdAdatto/Twitter: https://twitter.com/ByrdAdattoInstagram: https://www.instagram.com/byrdadattolaw/LinkedIn: https://www.linkedin.com/company/byrdadattoYouTube: https://www.youtube.com/channel/UC6VSOw0W5lrrj4iIl1HxTbg


