By: Vasilios J. Kalogredis, J.D., CHBC
Kalogredis, Sansweet, Dearden and Burke, Ltd.
EMPLOYMENT CONTRACTS FOR
ASSOCIATESHIP WITH PRACTICE
A. Contract for Associateship With Practice - Form
of Contract. Often an informal, but legally-binding,
B. Timing of Written Contract. Should follow shortly
after or accompany offer.
C. Term of Employment Agreement.
D. Statement of Intention as to “Partnership
Potential”. (if any)
E. Termination Provisions.
H. Paid Practice Expenses.
1. Malpractice - generally paid for by practice.
(a) Claims-made versus occurrence
(b) Unused portion.
(d) MCARE Abatement
2. Other Expenses - may be paid for in
part or in full and include:
(a) Professional Society Dues;
(b) Hospital Staff Fees;
(c) Professional Education and
(d) Moving Expenses;
(e) Expenses for Business-Related
Use of Car, Phone and Beeper;
(f) Entertainment Expenses.
3. Tax Ramifications.
I. Fringe Benefits.
1. Retirement Plan
2. Medical and Major Medical
3. Life Insurance
4. Disability Insurance
5. Medical Expense Reimbursement
J. Vacation and Meeting Absences.
K. Illness and Disability Absences.
L. Restrictive Covenants.
1. May be enforceable if reasonable in
time and geographical “space.”
2. If not signed prior to first day of
work, may not be enforceable
without additional consideration.
3. Injunction versus money damages.
EMPLOYMENT CONTRACTS WITH LARGE EMPLOYERS
A. Large Employers. Includes hospitals, health systems,
PPMCs and HMOs.
B. Contract With Large Employer - Form of Contract. Usually
a formal Agreement.
C. General Employment Contract Issues. Many
contract provisions, issues and concerns are similar
to those described in previous section.
D. Issues Unique to Large Employer
1. Restrictive Covenant.
(a) Should it apply if you terminate
(b) Should it apply if employer
terminates not for cause?
(c) Should it apply if employer
does not renew at the end of the
term, or if employer renews but
not for a comparable
2. Physical Work Locations.
(a) Contract should state where you are
expected to work.
(b) Can employer make you work at
different physical locations (i.e.,
different office locations(s),
(c) Who decides?
3. On-Call Responsibility: Contract should
4. Term and Termination.
Surround Yourself With Good and
4. Financial Planner.
6. How do you find what you are looking for?
7. Check references.