William P. Prescott, Esq., E.M.B.A.


Dental Law • Mergers & Acquisitions • Professional Practices & Health Care • Business Organizations & Tax • Business & Family Succession Planning • Employee Benefits & ERISA

Mr. Prescott is a member of the Business Organizations & Tax Department and serves on the Firm’s Board of Directors. Mr. Prescott represents dentists and dental specialists in the areas of developing business and tax structures for co‑ownership, associate buy‑ins, owner buy‑outs, compensation planning, practice sales and acquisitions, valuations, group practice and solo group arrangements, dispute resolution, fringe and employee benefits, and business and tax planning. Mr. Prescott is the author of numerous books and articles on the law and dentistry.

Prior to practicing law with the same Firm for 28 years, Mr. Prescott worked in the dental equipment and supply industry, primarily with Saslow and Meer Dental Companies, for 16-1/2 years as a territory representative, equipment specialist and General Manager, Saslow Dental Company — Northern Ohio.

Martindale-Hubbell has awarded Mr. Prescott an AV rating for preeminent legal ability and having the highest ethical standards.  Mr. Prescott has also been elected as a Fellow, American College of Tax Counsel.

Practice Focus:
Practice Succession Planning
Practice Entry Planning
Owner Buy-Outs
Associate Buy-Ins
Group Practice Representation
Succession Planning
Practice Valuations
Practice Sales and Acquisitions
Solo Group Arrangements
Employment Agreements
Employment Relations
Employee Benefits
Entity Selection and Dissolution
Practice Facility Lease, Sale and Purchase

Bar Admission:
1989 State of Ohio

1972 Cleveland State University (B.B.A., Marketing)
1984 Baldwin-Wallace College (Executive M.B.A., Systems Management)
1988 Cleveland-Marshall College of Law (J.D.)

Professional & Civic Affiliations:
American Bar Association, Section of Taxation, Closely Held Businesses Committee (Chair 2007-2009 Term, Vice-Chair, Professional Practices, 2009‑Present)
Fellow, American College of Tax Counsel
Editorial Board – The Practical Tax Lawyer, American Law Institute (2007-Present)
Small Business Council of America
Cleveland Metropolitan Bar Association
Ohio State Bar Association

Biographical Information

DOWNLOAD FOR FREE:   Joining and Leaving the Dental Practice, Third Edition.

Course Descriptions, Curriculums, PowerPoints and Materials

“Exit Strategies – The Rat Race Is Over And The Rats Didn’t Win!”

“Co-Ownership – Getting In, Staying In and Getting Out: The Good, The Bad and The Tax!”

“Entering Practice – Make The First Choice The Right Choice!”

“Practice Operations & Personal Planning”

Author – Articles:

Selected Past Speaking Engagements:

  • Virginia Dental Association, Annual Session | Norfolk, VA
  • American Association of Endodontists, Annual Meeting | Seattle, WA
  • Chicago Dental Society, Midwinter Meeting | Chicago, IL
  • American Association of Orthodontists | Philadelphia, PA
  • American Academy of Dental Group Practice | Las Vegas, NV

Author – Books:

  • Joining And Leaving the Dental Practice, Third Edition, 2018
  • Joining And Leaving the Dental Practice, Second Edition, Berning & Affiliates, Inc., 2012
  • Joining And Leaving the Dental Practice, First Edition, 2008
  • Business, Legal, And Tax Planning for the Dental Practice, Second Edition, PennWell Corporation, 2001
  • Business, Legal, And Tax Planning for the Dental Practice, First Edition, PennWell Corporation, 1994
  • The Practice Acquisition Handbook, Berning & Affiliates, Inc., 1997
  • The Limited Liability Company and Other Entities for Dentistry, Berning & Affiliates, Inc., 1996


Contact Information:
Direct (440) 695-8067
Cell (440) 320-8984
Fax (440) 695-8098
Email WPrescott@WickensLaw.com

Website www.PrescottDentalLaw.com