WHY VETERINARY NON-COMPETES ARE HERE TO STAY DESPITE THE ‘PROPOSED’ BAN BY THE FTC – PART 2
As a follow up to my Article "Why Veterinary Non-Competes are Here to Stay Despite the Proposed Ban By the FTC" published with VetPartners.org, the FTC officially adopted the proposed rule in a 3-2 vote today that has already sent shockwaves through the veterinary community. While there are valid considerations...
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Navigating Regulations: A Legal Guide for Veterinary Startups
Starting a veterinary practice can be exciting, personally fulfilling, and highly lucrative. However, failing to comply with legal requirements can put a halt to your practice before it has a chance to get off the ground. Therefore, when starting a new veterinary practice, it’s imperative to consult with an experienced veterinary attorney....
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Insurance for Veterinarians: Legal Insights for Coverage
There are many steps you can take to protect your livelihood as a veterinarian. One of the most important things you can do to ensure that you and your business remain protected is purchase insurance. There are many types of insurance available to veterinarians. Often, to ensure maximum protection, several policies are...
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Starting Your Veterinary Practice in Texas: Legal Essentials You Must Know
If you are interested in opening a veterinary practice in Texas, you must ensure that you comply with all legal requirements. Fortunately, an experienced veterinary attorney can ensure that your new practice is legally compliant and poised for success. When you hire a veterinary practice attorney, he or she will work with...
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Handling Disputes: The Importance of Clear Veterinary Contracts
All well-run businesses rely on contracts, and veterinary clinics are no exception. Veterinary clinics rely on many types of contractual relationships, including employment contracts, leases, and contracts with clients. As a rule, it is important to strive for clarity when drafting business contracts. Although there are several reasons for this, the primary...
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Hiring and Onboarding Staff: Legal Best Practices for New Veterinary Practices
As a veterinarian, your employees are your practice’s greatest asset. Without a strong team around you, your practice is unlikely to thrive. Therefore, to ensure the protection of:
you,
your practice,
your employees,
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Financing Your Veterinary Clinic: Legal Considerations and Options
Many veterinarians dream of owning their own clinic. There are many advantages to owning a veterinary clinic, including:
professional autonomy,
financial gain,
and personal freedom.
However, most people don’t have the...
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Exit Strategies for Veterinarians: Legal Planning for the Future
Building a successful veterinary clinic takes years of hard work. However, when the time comes to move on, it’s important to understand your options. As a veterinary practice owner, the correct exit strategy can ensure a healthy profit and smooth transition to retirement or your next business venture. On the other hand,...
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Valuation Methods for Veterinary Practices: Legal Implications
Selling a veterinary practice is complicated. From evaluating the pros and cons of selling, to identifying potential buyers, when it comes to selling a practice, every step is important. However, of all these steps, valuation may be the most important. If you price your practice too low, you miss out on significant...
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Avoiding Common Pitfalls in Veterinary Practice Acquisitions
As a veterinarian, purchasing your own practice can be a dream come true. However, if you fail to avoid missteps during the process, it can quickly become your worst nightmare. So, if you are looking to acquire a veterinary practice, you must ensure that you do so in a way that gives...
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Protecting Veterinary Client Information
Veterinary practices routinely handle confidential client information. Confidential information includes animal and client-related information that links back to a person. Although animal treatment records themselves are not considered confidential information, they become so if they link back to a human client. Given the strong protection the law affords to such information, it...
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Understanding and Preventing Veterinary Burnout
Veterinary practice owners and employees have rewarding—but highly challenging—jobs. And in recent years, the veterinary industry has seen higher customer volume, lower employee retention, and a seemingly never-ending slew of new restrictions and safety practices. These developments, in addition to the traditional day-to-day challenges inherent to the veterinary industry, can result in...
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