Christopher J. Allen, DVM, JD is president of the Associates in Veterinary Law P.C., which provides legal and consulting services exclusively to veterinarians. He can be reached via e-mail at email@example.com. Dr. Allen serves on DVM Newsmagazine's Editorial Advisory Board.
When you feel like you're constantly trudging through your day, a change in careers might be a refreshing solution. But if you decide to get out of veterinary practice ownership and sell – be prepared.
In the first two articles in this series on non-competition contracts, we saw the extent to which failing to be specific or failing to be cautious can work to the disadvantage of both parties to such an agreement.
In last month's article, we looked at various ways to free-up more of the veterinary clinic budget by saving on discretionary legal and accounting fees. This month, I will point out some beneficial ways to spend some of that free cash in order to maximize the economic productivity of the practice.
As we discussed in February, this series is covering issues relating to non-competition agreements where there are almost always hidden issues involved when a veterinarian agrees to limit the scope or location of his or her right to practice his or her profession.