Archive For: Contract Review & Negotiation

Physician Contract Termination: How to Protect Your Interests

Physician contracts are legally binding documents that contain all the terms of your employment. In addition to details about your salary and benefits, contracts also include termination clauses. The termination clause is a key part of the contract, both for physicians and employers. Before ending your contract or firing an employee, it is important that ... Read More
 

Can You Negotiate Physicians Contracts?

  Physicians are adept at understanding complicated concepts. But when it comes to negotiating or analyzing employment contracts, you might be way out of your comfort zone. It wouldn’t be in your best interest to simply accept your first employment offer. Without having experts on your side to guide you through the process, you could ... Read More
 

When Should Physicians Incorporate

Whether to incorporate is a pressing question for many physicians working as independent contractors. Incorporation establishes a medical practice as a separate business entity; as a result physicians are shielded from certain types of liability and may be able to reduce taxes on business profits. At first glance, some physicians greatly overestimate the benefits of ... Read More
 

Restrictive Covenants in Employment Contracts: What They Mean For You

Unless you own a private practice, almost every physician will have to sign an employment contract at some point in their career. And those contracts include all sorts of confusing language, legal jargon, and specific terms. Physician contracts include details on salary, benefits, and the responsibilities of the position. They detail when you will work, ... Read More
 

The Pros and Cons of Physician Locum Tenens

Physicians work in a variety of different capacities. Some are employees of hospitals or health groups. Some operate their own private practices. Some work in other physician’s practices or small medical centers. And some work locum tenens. According to a recent study, nearly 50,000 physicians did locum tenens work in 2017. In fact, 94% of ... Read More