TAILORED LEGAL SUPPORT
for Doctor-Owned Practices
From entity formation to comprehensive compensation model review, we help you ensure every aspect of your practice set up is secure and positioned for growth.
Why Panacea Legal?
Panacea Legal was founded on a single premise: doctors deserve legal counsel that speaks their language. We don’t treat your practice like a generic small business; we understand how medical, dental, and veterinary practices are structured, how they grow, and where they’re most vulnerable.
We combine deep industry expertise with clear, strategic advice, so you can make the right decisions for your practice.
- Doctor-Exclusive Focus: Every engagement, every template, every recommendation is calibrated for doctor-owned practice structures.
- Income-Protective Strategies: We structure agreements and entities to safeguard what you earn and support long-term practice growth.
- Clear, Strategic Advice: No boilerplate. No billable-hour fog. Practical guidance you can act on immediately.
How Panacea Legal Supports Practices
Entity Formation &
Foundational Documents
- Clear direction on choosing between PLLC vs. PC based on your ownership goals and state requirements
- Articles of organization/incorporation drafted to your specifications
- Custom operating or shareholder agreements covering what matters most
- Ownership percentages and profit distributions
- Decision-making authority as you grow
- Partnership admission and exit strategies
- Coordination guidance for required state filings
Associate Employment Agreements & Compensation Model Review
- Ready-to-use associate employment agreement built for repeat use and fully customizable for each new hire
- Analysis of proposed associate compensation model (salary, production-based pay, bonuses) using MGMA data1
- Alignment between your compensation model and employment agreement
- Ownership of all documents, no recurring drafting fees