FTC’s Proposed Ban on Non-Compete Clauses: What Veterinary Practices Need to Know
Non-compete clauses have long been a staple in veterinary employment contracts, designed to prevent veterinarians or staff from leaving a practice and immediately competing nearby. However, the Federal Trade Commission (FTC) has proposed a sweeping ban on non-compete agreements across the United States. If adopted, this rule could significantly reshape how...
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Production-Based Compensation Trends
Production-based pay structures have become increasingly common in veterinary practices across the country. For many associate veterinarians, this model offers the potential for higher earnings—if structured fairly. But for others, unclear contract terms, unrealistic expectations, or shifting clinic policies can lead to confusion and under-compensation.
At Mahan Law,...
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Understanding Triple Net Leases for Veterinary Practices
Leasing commercial space is one of the most significant overhead expenses veterinary practices face. While standard leases are common, many landlords offer (or require) what’s known as a triple net lease (NNN). If you’re considering this type of lease for your clinic, it’s essential to understand what you’re agreeing to—and how it...
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Partnership or Employment? Legal Considerations for Vets Joining an Existing Practice
When a veterinarian joins an existing clinic, one of the first decisions they must make is whether to come on as an employee or pursue an ownership role as a partner. On the surface, both options may seem similar—you’ll treat animals, serve clients, and be part of a team. But legally, these...
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Reviewing Leases and Real Estate Agreements for Veterinary Practices
Real estate decisions can have a long-lasting impact on the success of your veterinary practice. Whether you’re opening a new location, expanding an existing clinic, or renegotiating a lease, the terms of your lease or real estate agreement can affect your financial flexibility, operational freedom, and long-term business value.
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Buying an Emergency or 24-Hour Veterinary Clinic: What You Need to Know
Veterinarians and practice owners may consider purchasing an emergency or 24-hour clinic to serve the needs of a greater number of clients. These clinics have become popular in recent years because they allow pet owners to seek care for their pets when they experience acute symptoms outside of standard business hours. However,...
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How to Identify Hidden Costs When Buying a Veterinary Practice
Thinking about buying a veterinary practice but worried about hidden costs? You’re not alone. Many buyers focus on the sale price and overlook the extra expenses that can add up quickly. A missed detail in a lease, a vague asset list, or an unpaid tax bill could all turn into unexpected problems...
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Financing Options for Veterinary Practice Buyers: Legal Implications
Most veterinarians and investors wishing to purchase a veterinary practice will need to line up sufficient financing as a condition of completing the deal. These financing arrangements are typically the product of careful negotiations between the borrower and lender, memorialized in detailed contracts that often contain confusing legal jargon. Regardless of what...
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How to Protect Client Information: Data Privacy Best Practices for Veterinary Clinics
Veterinary practices maintain sensitive client information, including financial details, such as credit card information and Social Security numbers, that need to be protected from unauthorized access. Unfortunately, approximately 11,000 veterinary practices in the United States experience a cyber attack annually.
Effective data privacy best practices can help veterinary...
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Reducing Your Risk of a Veterinary Malpractice Lawsuit
Although it’s impossible to completely eliminate the risk of litigation as a veterinary practice owner, there are several steps you can take to drastically reduce the risk of getting sued. Specifically, there are actions you can take before, during, and aftercare that can help you avoid becoming involved in lengthy legal...
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Can a Pet Owner Sue a Veterinarian?
Veterinarians are in the practice of helping animals—not harming them. Unfortunately, however, when it comes to treating people’s pets, anything can happen. For example, animals don’t always respond positively to treatment, and pet owners often place the blame in such situations on the veterinarian. In addition, veterinarians sometimes make mistakes that jeopardize...
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Veterinary Practice Mistakes That Can Result in Legal Challenges
Although operating a veterinary practice is a rewarding endeavor, it isn’t without its challenges. One such challenge is the threat of legal action. Fortunately, many of the legal issues with which veterinary practice owners must contend can be avoided with appropriate planning. And even when legal challenges arise, they can often be...
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