logo
episode-header-image
May 2024
49m 53s

Ortho Finance 12 - Contracts w/ Michael ...

NAILED IT ORTHODOCS
About this episode

Today, Michael Byrd and Bradford Adatto, both of ByrdAdatto law firm, join us as we discuss employment contracts. Whether you're embarking on a new job opportunity as a physician, or seeking to understand your current employment situation better, understanding the ins and outs of employment contracts is crucial, and this episode promises to equip you with the knowledge and insights to navigate your employment contracts effectively.

As the son of a doctor and entrepreneur, Michael S. Byrd has a personal connection to both business and medicine. As the father of five, he has learned the importance of listening closely and thinking creatively. With his background as both a litigator and transactional attorney, Michael brings a comprehensive perspective to business and health care issues. He has been named to Texas Rising Stars and Texas Super Lawyers, published by Thompson Reuters, for multiple years (2009-2023), selected Best Lawyer in America (2024), and recognized as a Best Lawyer in Dallas by D Magazine (2013, 2016-2023).

Bradford E. Adatto decided to become a lawyer during sixth-grade Career Day, when he promised to represent his best friend, a future doctor. A few decades and many miles later, he started his own law firm that focused on representing health care and corporate clients. And yes, his best friend from sixth grade is among them. Brad’s background is in regulatory, transactional, and securities law. Having worked in health care law his entire career, he has an in-depth knowledge of the “do’s and don’ts” of this heavily regulated industry. As the son of a medical doctor and grandson of a medical doctor and dentist, Brad has the health care industry in his blood. He enjoys helping his clients build successful businesses by showing them how to avoid legal problems, create new opportunities, develop new partnerships, and form new entities.

ByrdAdatto has extensive experience serving doctors, dentists, and other providers, and can address a spectrum of legal issues in the business of medicine. The team at ByrdAdatto has a deep, personal connection to the world of medicine, as it comprises of parents, spouses, and siblings who are doctors and dentists, and one of the partners, Jeffrey Segal, is both an attorney and a neurosurgeon. ByrdAdatto consequently has a unique understanding of the medical industry and serves clients across all specialties.

In this episode, we talk about essential elements you need to know to navigate the world of employment contracts confidently, and our guests share some informative points on queries you may have about employment contracts like;

  • What are employment contracts?
  • What should you do before signing an employment contract?
  • What is the consequence of signing an employment contract without due diligence?
  • How do you ensure an employment contract aligns with your goals and visions?
  • What is a letter of intent?
  • And many more!

 

This episode is sponsored by Lawrence B. Keller of Physician Financial Services. 

Larry has been dealing with disability insurance and term life insurance for physicians, and other healthcare professionals, since 1990. In many cases, Larry has access to Guaranteed Standard Issue (GSI) disability insurance policies for Medical Resident and Fellows that does not require medical underwriting. To learn more or to have your existing policies reviewed, feel free to reach out to Larry at (516) 677-6211, by email to Lkeller@physicianfinancialservices.com or visitwww.physicianfinancialservices.com. While he might not be a doctor’s first phone call regarding their insurance needs, he is often their last.

Up next
Sep 26
Orthobiz 20: Managing Medical Practice for New Physician w/ Dr. Atanda
We dissect the hidden truths of orthopedic practice, from team building to practice management, physician burnout, and more. We explore insights with Dr. Atanda about the skills that aren’t taught in medical school but are crucial for success. Alfred Atanda Jr., MD, is the direct ... Show More
34m 58s
Sep 18
116: RSA Design + Concepts w/ Dr. Kassam
In this episode, we’re joined by Dr. Kassam to explore the origins and evolution of Reverse Shoulder Arthroplasty (RSA), from its early rationale in treating RTC arthropathy to the groundbreaking Grammont design. We discuss the core components of RSA, the critical role of center ... Show More
42m 24s
Sep 3
OrthoBiz 19: Student Loans w/ Emma Crawford
Sign up for early access to our upcoming finance course here>>> https://autumn-sky-2941.kit.com/0f2b011d3c Are student loans really good debt? Should you pay them off fast or play the long game? In this episode, we have the pleasure of hosting student loan professional Emma Crawf ... Show More
31m 3s
Recommended Episodes
Oct 2023
Can NOT hiring a contract reviewer ruin your career? #386
SEND US A TEXT MESSAGE!!! Let Drs. Nii & Renee know what you think about the show!We’re talking to Jon Appino, founder of Contract Diagnostics, about why negotiating contracts is vital for doctors to have a great working experience. Jon shares what doctors should consider when ap ... Show More
18m 4s
Dec 2021
LawTech Talks: Tech makes you a better lawyer (while making your life easier)
When she bought her first home at the age of 21, Annature founder and chief executive Amreeta Abbott couldn’t believe how many documents she had to sign in person. Having worked across professional services strands as a tech entrepreneur, she understands better than most the inex ... Show More
29m 26s
May 2023
Contracts Drafting and Negotiating with Laura Frederick
Request A Customized Workshop For Your Company: https://www.americannegotiationinstitute.com/services/workshops/ Drawing from her decades of experience as a lawyer and negotiator, Frederick explains how to successfully create contracts that benefit both parties. She emphasizes th ... Show More
33m 30s
Mar 2024
Everything regarding Disability Insurance for Medical Professionals
SEND US A TEXT MESSAGE!!! Let Drs. Nii & Renee know what you think about the show!Ever imagine a scenario where, as a medical professional, you find yourself unable to work? Dr. Stephanie Pearson from Pearson and Ravitz joins us to discuss the often-ignored but critical importanc ... Show More
42m 45s
Feb 2022
How Big Pharma Corrupts Medical Knowledge – Dr. John Abramson : 901
WE APPRECIATE OUR PARTNERS. CHECK THEM OUT!Apple Cider Vinegar Benefits: https://paleovalley.com/DAVE, use code DAVE to get 15% off your first orderMattress Temperature Tech: https://www.eightsleep.com/dave, use code DAVE to save $250 on the Pod ProNon-Tobacco Nicotine Alternativ ... Show More
1h 20m
Sep 2021
A Legal Expert to Lean On | S3: Episode 3 | David Vozza
David Vozza is an attorney in Manhattan who specializes in defending physicians in all types of legal actions, except malpractice. He’s a staunch physician advocate, dating back to his premed days in college. We talk to him about identifying legal emergencies, choosing the right ... Show More
40m 33s
Nov 2022
Do Lawyers Ever Agree? Tips on "Meet and Confer" Conferences
Many areas of the law require attorneys to meet and confer, meaning lawyers must communicate the basis for their disagreement on a legal issue and make a meaningful attempt to reach a resolution. You may be surprised to learn that lawyers rarely agree on anything, but the law sti ... Show More
47m 2s
Mar 2023
Building a Career you Love as a Young Lawyer
For young lawyers looking to start and build their career, there are several key factors to consider. From finding an area of law that interests you, to seeking out opportunities to gain experience, build your network, and grow professionally, the start of your legal career can b ... Show More
47m 40s
Jun 2021
ABA Law Student Podcast : Career Preparedness: Navigating Career Choices in Law School and Beyond
Thankfully, career opportunities for law students and new lawyers seem to be increasing as COVID concerns abate. But, how can you best prepare yourself for actually getting the job you want? Meg Steenburgh welcomes Howard University School of Law’s Lauren Jackson to discuss tips ... Show More
27m 3s