Managing and growing a business is complicated – even for doctors and medical specialists. Health care specialists must navigate unique regulations to protect themselves from litigation and reduce liabilities. Since it is important for every business to be aware of potential liabilities, our Seattle business law attorneys have put together the top legal problems physicians encounter and how to avoid them.
If you need help protecting your business, contact our Seattle business law attorneys today at (206) 565-0090 to schedule a consultation!
#1: Business Formation
Physicians and doctors must follow specific rules and regulations when starting a medical practice. For example, although Limited Liability Corporations (LLC) is one of the most popular forms of business entities for physicians, medical centers, dentists, and more, this formation could be illegal. This is because of the state’s licensing requirements – a corporation, though considered a “person” by law, cannot obtain the education and qualification that are required to obtain a medical license. Since obtaining the right business formation can be complicated, especially for healthcare professionals, it is best that you speak with an experienced attorney for guidance.
#2: Business Contracts
Whether your medical practice is working with partner companies, or entering into agreements with suppliers, you should have a well-drafted business contract. When contracts are breached, it can result in complicated legal suits, so it is important that your contracts protect your business in the event that a contract is breached.
#3: Commercial Leases
If you are renting space in a commercial building to run your medical practice, you will need to enter a commercial lease agreement. Reviewing all commercial lease contracts with an attorney is essential to see if it works effectively for your medical practice.
#4: Employment Issues
If you plan on hiring employees or already have employees, you need to have a proper employment contract in place. Your employees should be aware of the legal requirements they need to follow for your business. Failing to provide your employees with proper training and education can lead to serious legal problems. An experienced attorney can help you protect your business from potential lawsuits.
#5: Professional Licensure Issues
If you are a doctor, nurse, dentist, optometrist, or any other health industry business owner, you need to have the proper professional license to run your own business and practice. Failing to have the licenses you need could lead to lawsuits and other legal complications.
#6: Partnership Disputes
Many health care professionals start their practice with a fellow colleague. Unfortunately, many businesses are dissolved due to partnership disputes – regardless of the industry they are in. When business partners find themselves disagreeing, it can severely impact the growth of the business. An experienced attorney can help business partners help resolve issues to achieve an agreeable outcome.
Having Legal Issues? Contact Northwest Business Law LLC Today!
Regardless of the legal issue you are experiencing, you need an experienced attorney on your side to help you navigate uncharted waters. Even if your medical practice hasn’t encountered legal issues, learning how to protect your business is important to avoid potential liabilities. At Northwest Business Law LLC, we have over ten years of experience guiding our clients to successful outcomes – often against large and powerful opponents. We develop a caring and strategic approach to help clients protect their business.
We can help you advocate for the interests that matter most to you if your business is on the line. We offer more than a decade of experience helping business owners overcome a myriad of challenges.
Contact our Seattle business law attorneys today at (206) 565-0090 to learn how we can help you!