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Legal Lingo

Legal Issues

8 Mistakes You’ll Regret

Not adequately planning for the sale of your veterinary practice can cause you to miss valuable opportunities to find the right buyer.

Legal Issues

Classified Information

When veterinary employees are misclassified as independent contractors, a common reason is to avoid state and federal tax-withholding requirements and payroll taxes.

Legal Issues

Fair and Square

The competition being eliminated must be significant to constitute anti-competitive behavior.

Legal Issues

The Last Word

What you need to know about arbitration clauses in employment contracts.

Legal Issues

The First-Time Practice Owner

Opening a veterinary clinic is a fabulous opportunity, but planning for it is best done one step at a time.

Legal Issues

Selling Your Practice in a COVID Market

Making and closing a deal between a hospital owner and a buyer isn’t as easy as it once was. Skittish lenders, contract contingencies and even uncommitted clinical staff can gum up the process.

Finance

Succeed With a Succession Plan

The sale of your practice to a colleague or outside party when you aren’t present is fraught with trouble if detailed instructions aren’t in place.

Legal Issues

Beware the Evergreen Clause

Automatic contract renewals can leave you in a costly predicament if you fail to give proper notice of termination.

Legal Issues

At Your Service

A management services organization adds a layer of structural complexity to a veterinary practice but offers non-veterinarians and even family members the opportunity to reap the financial rewards.

Legal Issues

Close the deal

When negotiating an employment agreement with an associate veterinarian, start with the basics — at-will or contract? — and go from there.
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