Episode Details

Being able to know the difference between a good and a bad job offer as a physician in private practice involves knowing where the landmines and pitfalls are so that you can avoid them. In this episode, host Dr. Jimmy Turner interviews Michael Johnson, a physician contract attorney at Michael Johnson Legal. 

Resources:

• Get 10% off working with Gelt, the tax strategy team that Jimmy Turner personally uses: https://moneymeetsmedicine.com/CPA
• Every doctor needs own-occupation disability insurance.  Get it from a source you can trust: https://moneymeetsmedicine.com/disability
• Want a free copy of The Physician Philosopher’s Guide to Personal Finance?  Snag your copy here: https://moneymeetsmedicine.com/freebook

What you'll learn:

• What "partnership" truly means in a business context
• The financial realities of partnership tracks, buy-in costs, and ownership structures
• Common pitfalls, including misleading partnership titles, private equity buyout risks, and real estate considerations
• Eight essential questions physicians should ask before committing to a partnership

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