Business Lawyer for Medical Practices and Med Spas

Why Medical Practices and Med Spas Need a Small Business Lawyer

If you are starting a medical practice or med spa, your list of expenses can be daunting at first. Securing the space, obtaining medical equipment, and staffing the practice add up to a substantial startup cost. You might be looking to cut costs wherever you can, and your small business lawyer might be one you think you can cut.

However, there are many reasons why you should not cut legal expenses from your budget. First, and perhaps most importantly, medical practices and med spas operate under a complex, overlapping web of laws at the federal, state, and local levels. Compliance with these laws is critical. Noncompliance can lead to heavy fines that shutter your business. Even if you think you understand how to be in compliance, the stakes here are too high to risk it. Having someone with legal training and experience looking over the requirements is a worthwhile investment.

Another important reason to have a small business lawyer is to protect your investment in those big startup purchases and agreements. A small business lawyer can help you look over the contracts when you are buying lasers, surgical robots, and other medical equipment. They will make sure you have adequate protections in place to minimize potential losses in case the tools don’t perform as promised. Similarly, they can make sure the terms of contracts with service providers can protect you from losses if the services aren’t delivered.

Another important legal aspect of your medical practice or med spa is the disclosure and consent forms you give to your patients before any procedure. Poorly written forms can expose you to legal liability that can have expensive consequences. Having a lawyer to look them over is a smart investment with big potential benefits.

As with all businesses, starting a medical practice or med spa can put your personal assets at risk if you’re not careful. Given the magnitude of financial repercussions for this type of business, you want to take all steps necessary to insulate your personal property from business losses.

Finally, working with a small business lawyer can remove worries that keep you from giving your full attention to helping your clients. Helping people is likely one of the main reasons why you decided to get into this industry in the first place, and you’ll be happier if you have more time for it.

Benefits of Working with a Small Business Attorney for Medical Practices and Med Spas

What are the benefits of working with a small business attorney? You can experience:

• Money savings
• Time savings
• Peace of mind
• Better patient buy-in, confidence, and satisfaction
• Fewer legal complications

We know that a small business attorney initially seems like an expense, but it’s actually an investment that will bring in significant savings in the future, in the form of fewer legal penalties and complications.

In addition, working with a small business attorney will save you all the time you would have put into issues of compliance, disclosure forms, and more. Since an attorney is a skilled specialist, they can complete the work in a fraction of the time it would take you, which makes it a beneficial investment.

It’s not uncommon to feel doubts when you handle compliance and other issues yourself. Working with a small business attorney can eliminate or at least reduce these doubts, giving you peace of mind that all these issues have been handled properly.

But you’re not the only one who gets peace of mind from well-executed legal forms. Your patients will be comforted by your use of forms that are clear and professional. This comfort can lead to better buy-in, improving patients’ confidence in you and satisfaction with their results.

Finally, working with a small business attorney will reduce your risk of legal complications. Since each of these complications can be expensive, time-consuming, and reputation-damaging, this can significantly improve the profitability and longevity of your business.

Comprehensive Legal Services for Medical Practices and Med Spas

At the Law Office of E. C. Lewis, we offer a comprehensive suite of legal services for medical practices and med spas. We can help with:

• Business formation: You know what kind of medical practice or med spa you want to form, but we can help you decide on the right legal structure and tax structure for your business. We can also help you negotiate with your partners and investors, then write documents that protect the agreement and the interests of each party.
  
  
• Business contract review: Contracts define relationships between your business and everyone: equipment suppliers, service providers, patients, employees, and more. Good contracts can promote fair and equal relationships while protecting your interests. Bad contracts can lead to conflict and additional costs. We can look over your contracts for oversights that can cost you.
  
  
• Compliance review: Your medical practice or med spa is subject to numerous laws. Making sure you comply with them is a difficult job, and best not left to just one person. We can help you understand compliance requirements and ensure you are following them.
  
  
• Handling employees: Employees are the lifeblood of your business. Finding and retaining good ones can be a challenge, even without trying to deal with the legal implications by yourself. Let us review your employment contracts and deal with employment law issues if you can’t justify a full-time human resources department.
• Commercial real estate: Commercial real estate has different legal complications than residential real estate. Even if you’re used to negotiating purchases and leases, a small business lawyer can help you with the unusual aspects of commercial real estate. We can help you select a good location and negotiate the contracts for purchase, sale, or lease.
  
  
• Intellectual property protection: Intellectual property (IP) can be the most valuable asset your medical practice or med spa owns. You need to take vigorous steps to protect it, even from your business partners and employees. In addition, you might need help to avoid violating IP protections of another practice. We can help with all aspects dealing with intellectual property in your medical practice or med spa.

Have questions about another legal service you don’t see here? Give us a call today. We can either help you with it or refer you to someone who can.

Legal Services for Alternative Medical Practices

At the Law Office of E.C. Lewis, we provide the same legals services for many types of alternative medical practices as we do for traditional medical practices and med spas. Chiropractors, acupuncturists, and other alternative medical practitioners must address many of the same legal issues as traditional medical practices do. Elizabeth Lewis understands how these issues impact chiropractors, acupuncturists and other alternative medical practices, and she can help you navigate these legal matters to protect your business.

Why Choose Elizabeth Lewis

Since 2010, Elizabeth Lewis has been helping small business owners in Denver to navigate the challenges of startup and growth. She has helped many businesses, including medical practices and med spas, to do more than just survive in this difficult environment. Elizabeth has seen many of her clients thrive under her expert legal guidance.

Elizabeth’s focus is on small and medium-sized businesses. Over the years, she has learned numerous strategies that give small businesses an outsized advantage in the legal arena.

She develops deep ties with her clients. This not only helps to build up trust – an essential component of your relationship with your small business lawyer – it gives her an intuitive sense of your business. This intuitive connection helps her develop innovative solutions for your business that don’t just solve the current problem but also promote your success in the long term.

This may sound idealistic, but Elizabeth is a very practical lawyer, dedicated to finding effective solutions that work for her clients. She wants your business to succeed, and she will find pragmatic approaches to achieve success.

To learn how the Law Office of E. C. Lewis can help your medical practice or med spa to succeed, please contact us today.