Too many physicians end up with poor contracts and when the job doesn't work out, they end up saddled with heavy costs, burdensome non-compete agreements, and unfair treatment. Spending a few hundred bucks up front to get the contract reviewed is well worth it. Firms listed here are paid advertisers on the site, but have all been vetted by me and your fellow readers.
Contract Negotiation and Review
Contract Diagnostics, is a firm whose entire business is reviewing physician employment contracts. Unlike other firms, they 100% are focused on contracts. Well over ONE THOUSAND WCI/PoF readers have used the services of Contract Diagnostics in the last few years and complaints are incredibly rare, but positive feedback is very common. I interviewed Jon Appino here and he was on the WCI Podcast here. They will review an employment or partnership contract and even negotiate it if you want. Prices vary but start at $200 and Residents/Fellows can pay over time, interest-free. Contract Diagnostics is a paid advertiser on the site. Thank you for supporting those who support this site.
Physician Agreements Health Law
Physician Agreements Health Law is a law firm focusing on physician employment agreement review and negotiation. Get your agreement reviewed by the attorney who wrote the book on physician employment agreements, Dennis Hursh. (I reviewed the first edition of Hursh’s excellent book here.) Hursh provides a thorough review of the contract and benefits language and a complete review of the financial and lifestyle aspects of the offer using Medical Group Management Association (MGMA) data for a fixed fee. He produces a letter on his firm’s letterhead to give to your employer. Hursh reviews contracts from all 50 states, and also reviews and negotiates partnership agreements.
Resolve is the #1 rated physician contract team, reviewing 1000+ physician contracts every year. They empower physicians with location specific compensation data which leads to unparalleled leverage during the physician contract negotiation process. A physician contract lawyer is included and can negotiate on your behalf – alleviating the stress that can go along with reviewing complex legal terms. Flat-rate pricing and flexible schedules are designed for a physician’s schedules. Check out their pricing and packages. Use code WCI10 for 10% off!
This is a negotiation course put together by David Norris, MD, MBA. Negotiation is a critical skill for any business owner, but even an employee has to negotiate from time to time. The money you save in a single contract negotiation will likely more than pay for this course. You will learn the power of mindset. You will learn a proven system to improve your outcomes. You will learn to be an effective decision maker. You will learn tools to help you be more focused in your negotiations. You will discover how to control your emotions. The course is $1,495, but if you use code WCI2020, you get 20% off, so it is just $1,196. Buy Planning to Win today!
Estate Planning/Asset Protection
Morgan Theeler, LLP
Protecting your family and your assets is a concern for anyone who has – or who anticipates having – wealth. MorganTheeler, LLP can help by creating an asset protection plan tailored to your needs – all at a cost effective flat rate. The wealthy are already taking advantage of these strategies – get started on your plan by requesting a phone call here.
After working with a few thousand physicians, we have the data and the experience to provide you with the tools you need to prosper in your business, protect your assets, and preserve your wealth. Not only do we help you design a plan to relieve future risks, but we also specialize in tax reduction strategies to build wealth faster.
Get started with a FREE strategy session today.
If you are interested in protecting your investments, saving for retirement, or reducing taxes, schedule your call soon. Our team only has a limited number of slots available each month, so act now!