Celebrating 3 years with Nexa – doesn't time fly when you're having fun! I've spent the last 3 years, just as I did the previous 10, specialising in acting for dental practitioners, both in the acquisition and sale of their dental practices. I continue to find this an enjoyable and challenging means of earning a living!


Acting for dentists remains fulfilling, both personally and professionally. I believe that dentists appreciate the personal service that I and my colleagues at Jacobs Legal and Nexa provide. In today's ever-changing environment, especially in the NHS, personal service remains crucial. It allows dentists to focus on their own work, treating their patients and running their businesses, rather than being bogged down with administrative tasks handled by professional advisors like ourselves.


In addition to representing dentists in transactional matters, I have continued to advise and assist practitioners in contractual disputes between partners and principles and associates. I offer the same personal service in this field as I do in the transitional area. Once again, this requires focus and attention to detail, aiming to enable dentists to leave negotiation and dispute handling to specialists, freeing them to focus on their professional lives.


Over the last 3 years, the team at Jacobs Legal has forged a successful working relationship with Nexa, ultimately benefiting the clients who have instructed us. We hope to continue this success in the years to come. The first 3 years working with Nexa have been very enjoyable, and on behalf of my team at Jacobs Legal, I hope the forthcoming years will be equally so.

Principal vs. Associate-Led Dental Practices: A Financial Analysis

20 September 2024
Understanding the Leadership Structure The leadership structure of a dental practice can significantly impact its financial performance. There are two primary models: Principal-led and Associate-led. Principal-led: In this model, the principal dentist owns and operates the practice, assuming full financial and management responsibility. Associate-led: Here, the dentist is a self-employed contractor to the practice, the principal dentist having the responsibility to provide patients and where necessary, to offer assistance and advice. Financial Implications Income Distribution: Principal-led: The principal dentist retains all profits after expenses, potentially leading to higher income but also greater financial risk. Associate-led : Associates receive a percentage of the fees that they generate as income, providing more financial stability but limiting earning potential. Overhead Costs: Principal-led: The principal dentist is responsible for all overhead costs, which can be substantial. Associate-led: The Associate is responsible for a share of the lab expenses that they generate Debt and Risk: Principal-led: The principal dentist is personally liable for any debts or financial obligations incurred by the practice. Associate-led: The associate is not responsible for the practice’s debts and liabilities. Succession Planning: Principal-led: Succession planning can be more complex, as the principal dentist must find a suitable successor or sell the practice. Associate-led: Succession planning can be easier, as associates may have an option to purchase the practice or continue working under new ownership. Financial Considerations When evaluating the financial implications of a Principal vs. Associate-led practice, consider the following factors: Personal financial goals: Are you seeking higher income potential or a more stable income stream? Risk tolerance: How comfortable are you with assuming personal financial risk? Long-term goals: What are your plans for the future of your dental career? Local market trends: Are there any trends that favour one model over the other in your opinion and experience? Conclusion The choice between a Principal-led or Associate-led dental practice sale and purchase depends on your individual circumstances and financial goals. By carefully considering the financial implications of each model, you can make an informed decision that aligns with your professional aspirations and long-term success. Feel free to contact us for more help and advice.

Purchase Completed in York

19 August 2024
Congratulations to Joanne Nurse on the acquisition of a share in Adventurers Day Nursery in York. Joanne now becomes co-owner of the nursery with Helen Nurse. Many thanks to everyone involved in the transaction, especially Amardeep Nangla for his work done on the property side and all those at Barclays Bank who helped facilitate this transaction. All at Jacobs Legal wish Helen and Joanne all the best for the future and much success in the years to come.
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