Any relationship between a hospital or physician?s group and a doctor, such as an employment agreement, is and should be based on trust and duty.
The trust part is signing the agreement. The duty part is to comply with the terms of the agreement. The agreement is a significant investment of money, time and resources by both parties.
If you have the opportunity to sign an employment agreement, it is recommended that it be reviewed by an attorney. There are many important terms, such as the length of the agreement, reasons for termination, compensation, bonuses, liquidated damages, non-compete and confidentiality clauses, and if there is mandatory arbitration.
However many times I do not get to see the agreement until there are claims of broken trust, unfulfilled duty and breach. These claims may have been avoided if the agreement had been reviewed by an attorney before it was signed.
Leonard Schneider is a partner in Liles Parker PLLC in the Houston, Texas office. The firm focuses on health care audits, business contracts, general corporate and business litigation matters and municipal law. He can be contacted at firstname.lastname@example.org or at the firm website www.lilesparker.com. The Houston office number is 713-432-7474