Over the past few years, significant shifts have occurred within the veterinary field, especially when it comes to veterinary practice ownership. Independent veterinary practices have increasingly been sold to corporate...more
In late April, the Federal Trade Commission (FTC) issued its final rule banning noncompete agreements that is scheduled to become effective on September 4, 2024 (Rule). The Rule upends arrangements many employers—including...more
When your veterinary practice is experiencing financial difficulties, it is crucial to address those problems promptly to prevent issues from escalating. It is more effective to take proactive measures early rather than...more
In April of 2024, the United States Food and Drug Administration (FDA) finalized new Guidance for Industry (GFI) #120: Veterinary Feed Directive Regulation Questions and Answers to inform industry stakeholders and small...more
There are plenty of attractive reasons to launch or buy a veterinary practice in Utah. The beehive, the official emblem of Utah, is a symbol of diligence and perseverance, and the state’s hard work and industry has paid off:...more
On April 25, 2024, Maryland joined the growing trend of legislatures and governmental agencies restricting the enforceability of non-compete agreements by enacting H.B. No. 1388, which prohibits non-compete agreements for...more
Restrictions on noncompete agreements in the state of Maryland for certain care-related industries have become substantially broader. Under Maryland’s House Bill (HB) 1388, Maryland employers now face greater restrictions...more
On April 24, 2024, Maryland adopted a new law that expands Maryland’s restrictions on employee noncompetes and conflict of interest provisions with veterinarians, veterinarian technicians, and certain other licensed health...more
A new Maryland law will significantly restrict employers from using non-competition agreements for many healthcare and veterinary professionals. Gov. Wes Moore signed the legislation into law on April 25 – just two days after...more
On April 25, 2024, Governor Wes Moore signed into law new legislation prohibiting non-compete and conflict-of-interest clauses for certain veterinary and health care professionals in the state of Maryland. The enactment of...more
As California goes, so goes the nation. Time will tell if this popular saying rings true with respect to California’s recent enactment of Assembly Bill 1399 (AB 1399), which allows a veterinarian-client-patient relationship...more
As anticipated, 2024 is bringing increased scrutiny of restrictive covenants by employers. At both the federal and state levels, non-compete agreements (“non-competes”) are being disfavored more than ever, with Maryland...more
High Margin Growth Sector With Consolidation Opportunities - The veterinary services industry plays a crucial role in safeguarding the health and well-being of animals, encompassing a broad range of services such as...more
Exciting updates from the National Veterinary Law Group at Mandelbaum Barrett PC! Our newest newsletter has arrived, brimming with invaluable insights tailored for the veterinary industry. Discover informative articles...more
The Drug Enforcement Administration (DEA) recently issued a new regulation codifying provisions of the Veterinary Medicine Mobility Act of 2014 (VMMA). The VMMA, which was signed into law in 2014, allows a veterinarian to...more
Most people would say they love their dogs, but if you’re considering starting a veterinary practice in Colorado, your patients may belong to some of the most dedicated pet-owners out there: In 2024, Colorado ranked number...more
Profit interests, also known as profit-sharing or profit participation, are a form of compensation offered to veterinarian employees in addition to their base salary. These incentives are designed to align the interests of...more
Pet owners in California pamper their pets: According to DollarGeek, Californians spend more on their animal companions than pet owners in any other state, and their expenditures include medical care. This fact alone (not to...more
In December 2023, the U.S. Food and Drug Administration (FDA) issued nine Warning Letters for the manufacture and distribution of unapproved over-the-counter (OTC) antimicrobial animal drugs for use in aquarium fish and...more
Many veterinarians start their careers as associates, working in established practices before potentially venturing into independent practice ownership. When entering the world of veterinary medicine, understanding associate...more
Exciting news from the National Veterinary Law Group at Mandelbaum Barrett PC! Our latest newsletter is here, and it’s packed with valuable insights for the veterinary industry. In this issue, you’ll find informative articles...more
As the leaves change, it’s time to cast light on the unique challenges and opportunities that the autumn breeze brings to veterinary practices. Join us as we explore the legal landscape in veterinary care this October....more
Owning your veterinary practice has undoubtedly come with highs and lows. An exciting time in a business owner’s life is often selling their practice–whether the motivation for the sale is to take on a new opportunity, move,...more
Ever since the pandemic led to unprecedented rates of pet ownership and burnout among veterinarians and other pet care service providers, it has become increasingly difficult to recruit hires in the pet care industry. And...more
Selling your veterinary practice can be financially, legally, and emotionally complicated. And, while selling to an associate certainly has its benefits, there are still plenty of complications you need to be prepared for....more