You’re a physician, resident or medical student so, of course, you know a great deal about helping patients. But you likely don’t quite know enough when it comes to legal matters – and specifically, understanding an employment contract.
But you can get specific contracting questions answered at no charge as a benefit of your ISMA membership. If you are a resident ready for your first career position, you can obtain an entire contract review at a minimal flat fee.
Specific contract questions
Physician members at any stage of practice can direct specific questions about employment contracts to ISMA General Counsel Julie Reed. Contact her at (317) 261-2060, (800) 257-4762.
Contract review for residents
|The ISMA will offer six regional seminars this fall on employment contracts for residents. For details, go here.
Resident physicians needing basic employment contract reviews can obtain that service by paying a simple flat-rate fee the ISMA has negotiated with several Indianapolis law firms. The fee package includes a general review of the proposed employment contract and one initial feedback communication highlighting areas of concern and responding to initial questions from the physician.
Additional services beyond the scope of the initial review, such as drafting suggested language, negotiating changes, communicating with the employer, are not covered by the initial flat fee. These charges would mean additional cost and would be negotiated privately with the attorney.
The flat-fee offer is available only to ISMA dues-paying member physicians starting careers and entering into a first employment agreement. In addition to meeting eligibility requirements, each engagement must clear the law firm’s conflict check and each firm may require the physician to sign an engagement letter.
If you are a resident physician with a contract for out-of-state employment, you may need to also consult with an attorney from that state for certain issues, as applicable. Law firms offering the special ISMA rate are:
Krieg DeVault LLP
Flat fee: $600
Contact: Tom Hutchinson at (317) 636-4341
Bingham Greenebaum Doll LLP
Flat fee: $1,000
Contact: Andy Gruber at (317) 635-8900
Plews Shadley Racher & Braun LLP
Flat Fee: $500
Contact: Kate Winders at (317) 637-0700
Please note that these fees are subject to change or discontinuance at any time without notice.
Questions about membership dues?
Medical students - Membership is free once an application form is submitted.
Residents, fellows - A one-time $50 fee covers the cost of membership during residency and fellowship.
Practicing physicians - Membership dues are $385 per year, reduced by half for physicians in their first year of practice
Learn more about ISMA membership on the ISMA website.