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What Does A Pharmacy Lawyer Do? Part 2

If you’ve been keeping up with our blog at MKLAW, you already know some of the services that pharmacy lawyers can provide for their clients. These include facilitating the process of selling or buying a pharmacy for sale, assisting with pharmacy incorporations, mediating partnership agreements, and providing a range of other legal services pertaining to pharmaceutical law. Here, we will continue outlining the main duties of a Canadian pharmacy attorney, beginning with fostering staff/associate relations.

Staff/Associate Relations

Although this may seem obvious, a major duty of pharmacy lawyers is mediating relationships between pharmacy owners and their associates. Of course, employees come with all kinds of different liabilities, and the last thing you want is for a dispute to get in the way of you successfully buying, selling, or incorporating your pharmacy. With the help of a seasoned pharmacy lawyer like ours at MKLAW in Ontario, you can rest assured that your rights as a pharmacy owner are protected should your employees be terminated or your partners withdraw from the agreement. While not all pharmacy owners experience issues with their employees and independent contractors, it’s best to seek legal help if you do so that things don’t get out of hand.

Corporate Leases

Many of the other legal services a pharmacy attorney provides have to do with entities outside the pharmacy, such as the property manager that is in charge of the corporate lease. Unfortunately, it is possible to be faced with an early termination or forced relocation if your corporate lease does not contain all the clauses needed to protect your rights and business interests. This is where a pharmacy lawyer comes in — we can draft or review your corporate lease to ensure your protection before you sign on the dotted line. This way, there is no guesswork involved and the pharmacy owner can feel the relief that comes with knowing that their business is in good hands.

Corporate Wills & Power Of Attorney

Last, but certainly not least, a pharmacy lawyer can facilitate the process of setting up a corporate will or Power Of Attorney (POA). Essentially, a corporate or dual will is a document outlining how the pharmacy’s assets will be dispersed should the pharmacy owner pass away or the business be sold. Don’t want your company’s assets to fall into the hands of the Canadian government? Then it’s time to fill out a legal document granting another party the power to act on your behalf when it comes to signing legal documents, dividing company property, and so on and so forth. This document is called a corporate POA, and a pharmacy lawyer can help you get one.

Contact Our Pharmacy Lawyers At MKLAW

If you are looking for legal advice regarding your Canadian pharmacy or need someone to act on your behalf with any of the situations and processes listed above, please don’t hesitate to give us a call. Pharmaceutical law is all we do, so you can rest assured knowing that you are in good hands at MKLAW of Ontario!

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