Physician Contract Review Time!

ATTORNEY ADVERTISING

With much of the medical community operating on a fiscal year that begins in less than two weeks, many physicians are about to begin a brand new job. Many times when an employer offers a physician a job, the employer will actually suggest that the physician have their contract reviewed by an attorney. Even so, many physicians wonder if paying an attorney to review their agreement is really worth the cost.  I am often asked whether employers really make changes to their employment agreements? Do the employers ever increase the physician's compensation? Does the verbiage in the contract really make a difference? The answers to these questions depends, of course, on the particular circumstances at hand. I always tell clients that one of the most valuable aspects of having their contract reviewed by a lawyer is that the client learns exactly what is expected of them, and what the consequences will be if the physician ever leaves the employment relationship. And with regard to having changes made to the contract terms, compensation, and benefits, some employers will make significant changes on all fronts, while others will limit the changes they are willing to make to only certain areas of the agreement. The moral of this story is that physician employment contracts always include legal terms that can have significant consequences to the physician employee, and many times, employers are ready and willing to make changes to agreements that favor the physician employee. For these reasons, it is always a good idea to have your physician employment agreement reviewed by a lawyer before you sign on the dotted line.

For more information on how a physician contract review may benefit you, please contact Leigh Ann O'Neill at 317-989-4833 or laloneill@me.com.

ATTORNEY ADVERTISING