THE ADA PRACTICAL GUIDE TO ASSOCIATESHIPS iii Chapter 1: Associateships in General .....................................................................................................................3 Reasons to Become an Associate ...............................................................................................................................................4 Reasons to Add an Associate .......................................................................................................................................................4 Structures of Associateship Arrangements .............................................................................................................................5 Potential Problems ..........................................................................................................................................................................6 Types of Associate Arrangements .............................................................................................................................................7 Chapter 2: Adding an Associate ................................................................................................................................13 Long-range Planning ....................................................................................................................................................................14 Personal Assessment ...................................................................................................................................................................14 Practice Assessment ....................................................................................................................................................................15 Typical Features of Associate Agreements ............................................................................................................................16 Defining Factors of a Prospective Associate .........................................................................................................................17 Recruitment ....................................................................................................................................................................................18 General Considerations ...............................................................................................................................................................19 Management Considerations.....................................................................................................................................................21 Interpersonal Considerations.................................................................................................................................................... 22 Financial Considerations............................................................................................................................................................. 22 Making the Decision.................................................................................................................................................................... 23 Chapter 3: Becoming an Associate ........................................................................................................................27 Is Associating for You? .................................................................................................................................................................28 Recommended Steps for Becoming an Associate or Entering a Time-share/Solo Group Agreement ................. 29 What Type of Associateship Arrangement is Best for You? ..............................................................................................33 Financial Considerations for Associate Arrangements .......................................................................................................33 Control Considerations ............................................................................................................................................................... 34 Restrictive Considerations ......................................................................................................................................................... 34 Availability Considerations ..........................................................................................................................................................35 Considerations Relating to an Associateship in a Large Group Practice ........................................................................35 The ADA Practical Guide to Associateships Table of Contents
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