Most physicians, at one time or another, have worried about malpractice liability, as it is a reality of practicing medicine. In this article, I lay out a three-part solution to the challenge of shielding wealth from potential malpractice claims.

Following the lead of several other states, effective January 1, 2022, Illinois will make sweeping changes to its Freedom to Work Act (“Act”), limiting employers’ ability to restrict employees through covenants not to compete and covenants not to solicit.

In the past few years, more legislators have shown persistent hostility toward non-competition agreements in employment contracts. In adopting the Massachusetts Noncompetition Act (MNCA) in 2018, Massachusetts legislature played a major part in this catalyst movement of restricting non-competes

The biggest concern that every young plastic surgeon typically has with their first employment agreement is compensation. Although this can be driving force on whether you decide to enter into the arrangement, it should not be the only driving force. Most plastic surgeons don’t understand there are five other key details that they must consider before entering into any contract. This article covers what we call The Big Five.

Contracts matter. While the cinematic version of a napkin-negotiated salary ends in a handshake, the reality is that a signature on a legally binding document offers a happier finale. As we transition out of shelter-in-place and prepare to resume our pre-pandemic lives, we explore here the basic principles for a physician employment agreement.

Many young orthopedic surgeons, fellows and residents look at their financial situation and don’t think of themselves as owning any significant assets. This may be understandable, as most young orthopedic surgeons have low income during their training years and, even when having higher incomes once they are in practice, may be saddled with significant debt from student loans.

Inflation is on the rise again. Consumer prices rise again in July, and the all-item Consumer Price Index is up more than 5% year-over-year. But how concerned should investors be? Physicians Financial News® (PFN) sat down with David B. Mandell, J.D., MBA, and Andrew Taylor, CFP, of OJM Group, a wealth management firm, to discuss what physician investors need to know about inflation. The conversation was edited for length and clarity.