"Bud" Schulman's book, along with contributions by John McGill and David Gage, is an update and extension of his 1983 book on transitions. The original book became well-read and a part of most Medical-Dental School libraries.

Dr. David Gage has contributed a chapter on Interpersonal Relations for when a doctor is considering partnership in a growing practice. David is a well-respected psychologist with a specialty in "Dispute Resolution" of interpersonal partnership problems. His chapter is valuable for those solo practice owners who are considering that step.

John McGill, C.P.A., M.B.A., J.D., contributed two chapters on the taxable aspects of practice purchases to buyer and seller. He further contributes his considerable knowledge on Tax Avoidance as practiced by successful practitioners.

The chapters of the book are:

1. When-Why Partnership from the Young Doctor's Standpoint.
2. When-Why Partnership from the Senior Doctor's Standpoint.
3. Partnership Function.
4. What is a Practice Worth?
5. Some Added Thoughts on Practice Valuation.
6. A More Definitive View of Partnership.
7. Merging Existing Practices.
8. The Transitional Partnership/Sale.
9. How Does a Partnership Function Best?
10. What to Pay for a Partnership Interest.
11. How to Build a Quality Practice.
12. The Partnership Agreement.
13. Creative Tax Strategies When Selling Your Practice. (by John McGill, MBA, CPA, JD)
14. Creative Tax Strategies in Other Areas (by John McGill, MBA, CPA, JD)
15. Selecting a Partner to Assure a Successful Medical/Dental Partnership (by
    David Gage, Phd.)

The book can be ordered through The McGill & Hill Group. Cost is $49.95 plus $7.95 for packing/shipping. Call to order (704) 424-9780, or print out an order form and mail in.