The 2 Lawyers You Need to Protect Your Practice
As your practice grows, management and requirements become more complicated.
I always tell people they need 4 expert relationships to manage their practice efficiently. Read about why you need an accountant and a relationship with your financial institution as well.
#2 of the 4 is a lawyer.
I know you already have a medical lawyer provided to you through AVMA liability.
I tell all the vets I work with that they also need a “go-to” business lawyer.
You want the employment contract between you and your staff surgeon to be airtight.
Or the legal agreements between you and your partners to be clear and concise.
Your lawyer will write legal documents in a way judges can understand and in a way that allows them to defend you if needed.
Your lawyer will also help you with other legal situations, including:
Trademarking (Logos, name, etc.)
Buying and selling real estate and practices.
Practice partnerships.
Employee contracts.
Corporate issues, if applicable to your practice.
Non-compete agreements.
General legal questions that you may have.
Many lawyers specialize in Veterinary Medicine and will be familiar with the types of agreements and legal work you need.
Needing a lawyer is a good problem to have because you know you need a lawyer when your practice is growing.
Tracking KPIs helps you measure your practice’s growth and uncover other profitability opportunities.