For a veterinarian selling his or her practice, negotiating well-conceived employment contracts is essential to ensuring a successful practice transition. The best way to protect your interests in a post-acquisition employment arrangement is to consult with an experienced veterinary attorney.
At Mahan Law, we represent veterinarians on all aspects of selling a practice and regularly negotiate and prepare employment contracts for selling veterinarians. Lead attorney Anthony Mahan collaborates with a nationwide network of co-counsel highly experienced in veterinary practice sales.
When you consult with us, we will work with you not only to maximize the purchase price but to negotiate favorable terms and conditions of employment following the acquisition. Above all, we will always work in your best interests and help you achieve your post-acquisition objectives. Contact our office today to speak with our experienced veterinary attorney.
Post-Acquisition Employment Contracts for Veterinarians
There are several issues that a veterinarian must consider when he or she enters into a post-acquisition employment arrangement with the purchasing practice or veterinary clinic, including:
- Term --The initial term of the employment agreement depends on the nature of your veterinary practice. While 5-year agreements are common, it is also important to negotiate automatic renewal terms and establish compensation adjustments.
- Term --The initial term of the employment agreement depends on the nature of your veterinary practice. While 5-year agreements are common, it is also important to negotiate automatic renewal terms and establish compensation adjustments.
- Term --The initial term of the employment agreement depends on the nature of your veterinary practice. While 5-year agreements are common, it is also important to negotiate automatic renewal terms and establish compensation adjustments.
- Term --The initial term of the employment agreement depends on the nature of your veterinary practice. While 5-year agreements are common, it is also important to negotiate automatic renewal terms and establish compensation adjustments.
- Term --The initial term of the employment agreement depends on the nature of your veterinary practice. While 5-year agreements are common, it is also important to negotiate automatic renewal terms and establish compensation adjustments.
- Term --The initial term of the employment agreement depends on the nature of your veterinary practice. While 5-year agreements are common, it is also important to negotiate automatic renewal terms and establish compensation adjustments.
- Term --The initial term of the employment agreement depends on the nature of your veterinary practice. While 5-year agreements are common, it is also important to negotiate automatic renewal terms and establish compensation adjustments.
While a selling veterinarian's primary concern is the purchase price and payment terms, it is crucial to consider the post-acquisition employment relationship. The best way to maximize the benefits of selling your practice and protect your interests in the new employment arrangement is to consult with an experienced veterinary attorney.
Why Choose Mahan Law
Our veterinary attorneys advise clients on all aspects of selling their practices. Whether you are looking to form an association or sell your practice to a corporate consolidator, you need the informed representation we provide.
We can help to negotiate the transaction terms and prepare all the necessary legal documents in addition to the post-acquisition employment agreement (e.g. letter of intent, confidentiality agreement, purchase agreement, non-compete agreement).
Trust Mahan Law to guide you with each stage of selling your veterinary practice. Our comprehensive legal services include:
- Appraising and pricing veterinary practices
- Marketing outreach to promote the sale of your practice
- Ensuring proper transfer of intangible assets
- Tax planning
- Representation at closing
Above all, we will work to establish favorable terms of the sale and help you maximize the return on your investment. Our attorneys are here to see you through this practice transaction. In addition, we provide ongoing counsel through our retainer plans on matters such as:
- Regulatory compliance
- Legal and human resource consulting
- Real estate transactions (leasing, buying, construction)
- Civil litigation
- Administrative proceedings
When you become our client, we will provide you with trustworthy advice and objective insights so that you can make an informed decision about selling your veterinary practice. Knowing that selling your practice may not spell the end of your profession, we will work to help you establish a strong working relationship with your new employer.
Contact Our Experienced Veterinary Attorneys
At Mahan Law, we have extensive experience helping our clients navigate practice transitions. If you are selling your veterinary practice, we will work to protect your interests and help you achieve your objectives. We know the ins and outs of post-acquisition employment contracts and will help you establish a mutually beneficial employment relationship. Knowing that you have worked diligently to build a successful veterinary practice, we will work to help make selling it a rewarding experience. Contact our office today to schedule a consultation.