Most dental practices are unaware of the many, and often unthought of, items that need to be continually addressed for maintenance of the dental entity.
Read moreAttorney Sara Stock describes Stock Legal's independent contractor agreement for a fixed fee.
Staffing your company is such a creative puzzle. You need people you can count on every business day all day. Those are your employees, who are loyal to the company and aligned with your vision. You also have projects that pop up now and again, that are not full-time, and may need a certain expertise from a certain individual during that short period. Those are your independent contractors. The upside of working with independent contractors is that they are engaged "on the if/come”. If you have a project that fits their expertise, then you come to them with the project and pay them for the work. Think of them as a consultant that bills your company by the hour.
How you determine if someone is an employee vs. an independent contractor is the subject for another blog post in and of itself, but we would be remiss not to at least mention it here. The IRS has developed a 20-Facotor Test, and the Missouri Division of Employment Security references it here: https://labor.mo.gov/sites/labor/files/pubs_forms/M-INF-310-AI.pdf
Stock Legal’s fixed fee Independent Contractor Agreement incorporates many of those factors, and provides flexibility in the working relationship by building in a “Statement of Work” format. Statements of work can have different projects, timelines, deliverables, and even payment mechanisms. In this manner, our clients can easily document the project work, and move from project to project with their independent contractors. Additionally, we incorporate into our fixed fee independent contractor agreements:
*The choice of a lawyer is an important decision, and should not be based solely on advertisements.*
Most dental practices are unaware of the many, and often unthought of, items that need to be continually addressed for maintenance of the dental entity.
Read moreIn this post, we’ll delve into some of the most critical provisions of the APA: representations and warranties, covenants, and indemnifications.
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