Legal 123s with 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
September 10, 2025 • 30 mins
In this episode, hosts Brad and Michael welcome guest Brian Lauten, a triple board-certified business and commercial trial attorney and founding partner of Brian Lauten P.C., to unpack the realities of commercial litigation. Brian shares the often-overlooked consequences of filing a lawsuit, from hidden costs to litigation fatigue and unexpected counterclaims. Tune in to learn why the best litigation strategy may be never needing o...
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September 3, 2025 • 30 mins
In this episode, hosts Brad and Michael are joined by Dr. Alan Durkin, board-certified plastic surgeon and founder of Ocean Drive Plastic Surgery and MedSpa Network. Dr. Durkin shares insights into his journey from reconstructive cancer surgery to building a destination plastic surgery center. Learn how rethinking med spas as health care delivery systems can drive surgical growth. Discover how blending insurance and aesthetic servi...
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August 27, 2025 • 30 mins
In this episode, hosts Brad and Michael share the story of a group of Texas plastic surgeons who restructured their practice using multiple entities. While their goal was to protect themselves from liability while expanding operations, a seemingly small misstep led to a lawsuit putting their personal finances at risk. Tune in to learn how to properly structure entities like limited partnerships and LLCs, and the essential legal for...
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August 20, 2025 • 31 mins
In this episode, hosts Brad and Michael share the story of a seasoned orthopedic surgeon running a family-owned practice. Eager to expand, he brought on a young surgeon with a generous compensation package and the promise of future partnership. But when it came time to formalize the partnership, a shift to a more complex “eat what you kill” compensation model created unexpected friction. Tune in to learn how misaligned financial ex...
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August 13, 2025 • 30 mins
In this episode, hosts Brad and Michael share the story of a Texas plastic surgeon and med spa owner who implemented a commission-based pay structure to retain staff and boost performance. While the model initially increased revenue and morale, it quickly led to scope-of-practice violations, internal competition, and compliance concerns. Tune in to learn what to consider before introducing commission models in your practice, and ho...
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August 6, 2025 • 30 mins
In this episode, hosts Brad and Michael share the story of a physician starting her own wellness practice. While she took many important steps to launch her business, she overlooked a critical early step: conducting a trademark search. This led to a cease and desist letter that threatened her brand and practice just weeks before opening. Tune in to learn how to legally protect your brand, why picking a business name or website alon...
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July 30, 2025 • 32 mins
In this episode, hosts Brad and Michael dive into the story of a successful plastic surgeon who used estate planning strategies to transfer wealth and ownership to his family. What was originally intended to protect his assets ultimately backfired when a personal scandal gave his family the power to remove him from his role as CEO. Tune in to learn the importance of proper business governance, corporate formalities, and the fiducia...
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July 23, 2025 • 30 mins
In this episode, hosts Brad and Michael are joined by Dr. David Boudreault, board-certified plastic surgeon and founder of Illuminate Plastic Surgery. Dr. Boudreault shares the unintended consequences of growing his small family-run practice into a multi-location success. Tune in to learn about the importance of scaling with intention, building systems early, and the shift from hands-on leadership to strategic delegation to transfo...
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July 16, 2025 • 30 mins
In this episode, hosts Brad and Michael share the story of a physician seeking funding for a promising medical innovation. When financing options fell through, he turned to a CPA for a quick loan only to become trapped in a costly, long-term financial arrangement. Tune in to learn how thorough legal and financial due diligence can protect physicians and business owners from costly loan traps, hidden liabilities, and long-term finan...
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July 9, 2025 • 30 mins
In this episode, hosts Brad and Michael are joined by Arielle Schmeck a Partner at JTaylor. Drawing on her experience in health care consulting and valuations, Arielle shares the unintended consequences that arise when physicians assume a high valuation means a good deal. Tune in to understand the full scope of valuations, including the value of assets, minority interest discounts, private equity involvement, and the real cash flow...
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July 2, 2025 • 29 mins
In this episode, hosts Brad and Michael, along with series regular Jay Reyero, share the story of a cardiology practice that added a cash-based weight loss program to its traditional insurance-based model. The change led to unexpected legal challenges, patient confusion, and operational strain as the practice struggled to manage conflicting payment structures. Tune in to learn the legal obligations of in-network providers, the comp...
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June 25, 2025 • 30 mins
In this episode, hosts Brad and Michael sit down with Nirav Patel, MD, JD , a board-certified plastic surgeon and founder of Patel Plastic Surgery. Dr. Patel shares how signing a two-year, 15-mile non-compete agreement led to unexpected challenges when he decided to open his own practice. Tune in to understand the long-term impacts of non-competes, how minor restrictions can lead to major business consequences, and how physicians c...
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June 18, 2025 • 30 mins
In this episode, hosts Brad and Michael, along with series regular Jay Reyero, dive into the story of an orthopedic surgeon who agreed to serve as the medical director for a friend’s medical spa. What began as a temporary, low-effort role turned into a long-term liability when a demand letter from a patient’s attorney uncovered hidden risks. Tune in to learn how to structure a compliant medical director arrangement and the key step...
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June 11, 2025 • 29 mins
In this episode, hosts Brad and Michael are joined by Dr. Kimberly Evans, board-certified OB-GYN and founder of Sugarland Med Spa. After transitioning from a traditional clinical practice to opening a med spa, Dr. Evans faced the unintended consequence of trying to do it all while also managing patient expectations. She shares how challenging moments led her to restructure her practice, set clearer boundaries, and implement protoco...
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June 4, 2025 • 30 mins
In this episode, hosts Brad and Michael are joined by Cameron Atlas, a keynote speaker, performance coach, and musician, to discuss how business owners can stay focused, avoid burnout, and lead with intention. Cameron specializes in helping leaders and teams enhance performance, improve decision-making, and effectively navigate change. Tune in to learn how a career built on performance and precision can contribute to burnout and di...
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May 28, 2025 • 30 mins
In this episode, hosts Brad and Michael share the story of a plastic surgeon whose hands-on approach helped create a thriving practice. Things took a turn when an unhappy patient uncovered weak spots in its operations and the risks of a practice built around one person. Tune in to learn how contracts, delegation, and internal protocols can foster sustainable growth while protecting your practice along the way.
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May 21, 2025 • 30 mins
In this episode, hosts Brad and Michael share the story of a physician with ambitions to launch his own investment fund. What began as a promising opportunity quickly unraveled due to an overly complex business model's legal structure, hidden conflicts of interest, and a lack of proper oversight. Learn how well-intentioned business moves can unravel due to complicated legal structures and how to prevent these risks.
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May 14, 2025 • 30 mins
In this episode, hosts Brad and Michael share the story of a Texas dermatologist whose thriving practice was undermined by business operational missteps, one of which involved the misclassification of a key employee. Tune in to learn the legal differences between independent contractors and employees, the tax and operational implications of each, and the agreements necessary to safeguard your practice from costly mistakes.
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May 7, 2025 • 28 mins
In this episode, hosts Brad and Michael, along with series regular Jay Reyero, share the story of an orthopedic surgeon and the unintended consequence of landing his dream job as team physician for a top college football program. As new NIL (Name, Image, Likeness) rules reshaped college sports, student athletes can seek compensation beyond traditional medical expenses, increasing a surgeon’s malpractice exposure. Tune in to learn h...
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April 30, 2025 • 61 mins
In this special live episode from the M&A Summit in Las Vegas, hosts Brad and Michael team up with the Skytale Group to share essential financial and legal tips for preparing your exit strategy. Discover the five phases of an M&A deal, the impact of reputation on your practice's value, and key considerations for practice owners planning a sale. Whether you're selling soon or years down the road, learn how to build a more pr...
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