

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

Dec 4, 2024 • 30min
M&A: When Internal Issues Derail the Sale
In this episode, hosts Brad and Michael share the story of a radiologist whose plans to sell his practice were derailed when his business partner sued him. We illustrate the importance of reviewing contracts, ensuring compliance, and resolving potential disputes before going to market. Tune in for practical advice on managing risks, maintaining momentum during legal challenges, and salvaging transactions when unexpected issues arise. Watch full episodes of our podcast on our YouTube channel: https://www.youtube.com/@byrdadatto Visit our website http://www.byrdadatto.com/ to learn more about ByrdAdatto and to subscribe to the newsletter. Follow us on social media to get the latest business and health care legal updates, behind-the-scenes moments, and more: Facebook: https://www.facebook.com/ByrdAdatto/Instagram: https://www.instagram.com/byrdadattolaw/LinkedIn: https://www.linkedin.com/company/byrdadattoX: https://twitter.com/ByrdAdatto

Nov 27, 2024 • 32min
M&A: Show Me the Money
In this episode, Brad and Michael, and guest Jay Reyero, share the story of a plastic surgeon’s journey to sell his practice, with hopes of slowing down and focusing on surgery for the last part of his career. While he found multiple interested buyers, only one met his expectations. However, delays and funding issues led to a postponed closing date, raising concerns about the deal's future. Tune in to learn how to navigate unexpected delays, manage shifting expectations during a sale, and recognize when it is time to walk away. Watch full episodes of our podcast on our YouTube channel: https://www.youtube.com/@byrdadatto Visit our website http://www.byrdadatto.com/ to learn more about ByrdAdatto and to subscribe to the newsletter. Follow us on social media to get the latest business and health care legal updates, behind-the-scenes moments, and more: Facebook: https://www.facebook.com/ByrdAdatto/Instagram: https://www.instagram.com/byrdadattolaw/LinkedIn: https://www.linkedin.com/company/byrdadattoX: https://twitter.com/ByrdAdatto

Nov 20, 2024 • 29min
M&A: Don't Let Dishonesty Derail Your Deal
In this episode, hosts Brad and Michael share the story of a failed M&A deal between an entrepreneur and a potential buyer. Their already rocky relationship worsened when one party repeatedly withheld information during the due diligence phase. Learn how dishonesty can derail negotiations and lead to the collapse of your deal. Tune in for insights into what went wrong and how you can maintain trust for a successful sale. Watch full episodes of our podcast on our YouTube channel: https://www.youtube.com/@byrdadatto Visit our website http://www.byrdadatto.com/ to learn more about ByrdAdatto and to subscribe to the newsletter. Follow us on social media to get the latest business and health care legal updates, behind-the-scenes moments, and more: Facebook: https://www.facebook.com/ByrdAdatto/Instagram: https://www.instagram.com/byrdadattolaw/LinkedIn: https://www.linkedin.com/company/byrdadattoX: https://twitter.com/ByrdAdatto

Nov 13, 2024 • 31min
M&A: Who Has the Cards in Negotiations
In this episode, hosts Brad and Michael take you behind the curtain of an M&A deal. They share the story of two physicians who wanted to buyout the absentee owner of the practice. A harmonious deal between both parties was quickly soured by one attorneys aggressive negotiation tactics. Learn how unchecked emotions can impact deals, why attorney-client alignment matters in negotiations, and how to determine who holds the power during a sale.Watch full episodes of our podcast on our YouTube channel: https://www.youtube.com/@byrdadatto Visit our website http://www.byrdadatto.com/ to learn more about ByrdAdatto and to subscribe to the newsletter. Follow us on social media to get the latest business and health care legal updates, behind-the-scenes moments, and more: Facebook: https://www.facebook.com/ByrdAdatto/Instagram: https://www.instagram.com/byrdadattolaw/LinkedIn: https://www.linkedin.com/company/byrdadattoX: https://twitter.com/ByrdAdatto

Nov 6, 2024 • 31min
M&A: When to Break the News to Your Team
In this episode, hosts Brad and Michael share how a plastic surgeon’s eagerness to sell his practice backfired when he announced the sale to his team too soon. This caused key staff to leave and the deal to collapse overnight. Learn when and how to communicate the transition to your team, so you can retain top talent and keep operations steady post-sale. By following these best practices, you will ensure a smoother sale process and maintain the confidence of your team every step of the way.Watch full episodes of our podcast on our YouTube channel: https://www.youtube.com/@byrdadattoVisit our website http://www.byrdadatto.com/ to learn more about ByrdAdatto and to subscribe to the newsletter.Follow us on social media to get the latest business and health care legal updates, behind-the-scenes moments, and more:Facebook: https://www.facebook.com/ByrdAdatto/Instagram: https://www.instagram.com/byrdadattolaw/LinkedIn: https://www.linkedin.com/company/byrdadattoX: https://twitter.com/ByrdAdatto

Oct 30, 2024 • 32min
M&A: How to Succeed in a Main Street Deal
In this episode, hosts Brad and Michael, along with guest Jay Reyero, share the story of a primary care doctor ready to take a major step in her career by acquiring a practice. She targeted what seemed like an ordinary practice, and both doctors opted for a simple transaction. However, the complexities of M&A deals often surface unexpectedly. Tune in as we explain how these complexities can actually help minimize risk and protect both parties. We share how this “Main Street” deal would have played out differently in “Wall Street,” and how understanding these differences can help you make more informed decisions. Watch full episodes of our podcast on our YouTube channel: https://www.youtube.com/@byrdadatto Visit our website http://www.byrdadatto.com/ to learn more about ByrdAdatto and to subscribe to the newsletter. Follow us on social media to get the latest business and health care legal updates, behind-the-scenes moments, and more: Facebook: https://www.facebook.com/ByrdAdatto/Instagram: https://www.instagram.com/byrdadattolaw/LinkedIn: https://www.linkedin.com/company/byrdadattoX: https://twitter.com/ByrdAdatto

Oct 23, 2024 • 32min
M&A: The Reality of Wall Street Deals in Health Care
In this episode, hosts Brad and Michael dive into the story of an OBGYN who entered into a "Wall Street" deal when he sold his growing fertility clinic to a private equity group. What initially appeared as the perfect opportunity for expansion soon revealed challenges post-sale. Learn the underlying obstacles sellers face in these transactions, from adjusting to someone else controlling your business to understanding your post-sale legal obligations as the seller. Tune in for strategies to help you adapt to "Wall Street rules" and protect the future of your practice. Watch full episodes of our podcast on our YouTube channel: https://www.youtube.com/@byrdadatto Visit our website http://www.byrdadatto.com/ to learn more about ByrdAdatto and to subscribe to the newsletter. Follow us on social media to get the latest business and health care legal updates, behind-the-scenes moments, and more: Facebook: https://www.facebook.com/ByrdAdatto/Instagram: https://www.instagram.com/byrdadattolaw/LinkedIn: https://www.linkedin.com/company/byrdadattoX: https://twitter.com/ByrdAdatto

Oct 16, 2024 • 32min
M&A: Know Who Is Buying Your Business
In this episode, hosts Brad and Michael share the story of a doctor who received an unsolicited offer from a private equity group to buy her practice. This offer seemed like the perfect solution to the operational challenges she was facing. However, the promising opportunity quickly revealed risks threatening her practice’s stability. Discover the hidden pitfalls of unsolicited offers and the importance of thoroughly vetting potential buyers to avoid liabilities. Tune in for insights on protecting your practice before making your next move. Watch full episodes of our podcast on our YouTube channel: https://www.youtube.com/@byrdadattoVisit our website http://www.byrdadatto.com/ to learn more about ByrdAdatto and to subscribe to the newsletter.Follow us on social media to get the latest business and health care legal updates, behind-the-scenes moments, and more: Facebook: https://www.facebook.com/ByrdAdatto/Instagram: https://www.instagram.com/byrdadattolaw/LinkedIn: https://www.linkedin.com/company/byrdadattoX: https://twitter.com/ByrdAdatto

Oct 9, 2024 • 31min
M&A: Strategic Mergers to Attract Private Equity
Join Brad and Michael as they kick off Season 18 of the Legal 123s with ByrdAdatto! In this episode, we share the story of two dedicated doctors looking to combine their small practices to boost profits by selling to private equity. While merging practices may seem beneficial, superficially doing so can create serious risks that threaten the deal. Tune in to learn how to legitimize your merger by fully integrating the business and clinical sides of both practices, maximizing your chances for a successful sale.Watch full episodes of our podcast on our YouTube channel: https://www.youtube.com/@byrdadattoVisit our website http://www.byrdadatto.com/ to learn more about ByrdAdatto and to subscribe to the newsletter. Follow us on social media to get the latest business and health care legal updates, behind-the-scenes moments, and more: Facebook: https://www.facebook.com/ByrdAdatto/Instagram: https://www.instagram.com/byrdadattolaw/LinkedIn: https://www.linkedin.com/company/byrdadattoX: https://twitter.com/ByrdAdatto

Oct 2, 2024 • 4min
Season 18 Preview
In this episode, hosts Brad and Michael reflect on Season 17 of the Legal 123 with ByrdAdatto where we focused on helping tackle the challenges of scaling your business. Join us as we recap the season and give you a sneak peek of what's to come in Season 18, which kicks off October 9th. Don’t miss out! Watch full episodes of our podcast on our YouTube channel: https://www.youtube.com/@byrdadattoVisit our website http://www.byrdadatto.com/ to learn more about ByrdAdatto and to subscribe to the newsletter. Follow us on social media to get the latest business and health care legal updates, behind-the-scenes moments, and more: Facebook: https://www.facebook.com/ByrdAdatto/Instagram: https://www.instagram.com/byrdadattolaw/LinkedIn: https://www.linkedin.com/company/byrdadattoX: https://twitter.com/ByrdAdatto


