199: FAQs with a Dental Attorney: Associate Contracts & More! (Matt LaMaster)
Jan 29, 2024
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Matt LaMaster, a dental attorney, joins Haley to discuss associate contracts, choosing between DSO and private practice, when dentists need a dental attorney, and the importance of continued education, building a team, and seeking a mentor.
Working with a dental attorney before signing an employment agreement is crucial for dental students to understand and navigate the terms of the contract effectively.
Establishing a relationship with a dental attorney who specializes in dental law can provide valuable insights and advice during contract negotiations.
Deep dives
Importance of Working with a Dental Attorney
Working with a dental attorney before signing an employment agreement is crucial. Dental students often lack the knowledge and experience to navigate employment agreements effectively. An attorney can educate and explain the terms of the contract, helping students understand what they are agreeing to. They can also provide insights into what is normal or abnormal in such agreements and identify potential red flags. Additionally, dental attorneys empower students to negotiate on their own by equipping them with the knowledge and confidence to have conversations with potential employers.
When to Contact a Dental Attorney
Contacting a dental attorney is important when you have a contract to review, whether it's an associate agreement or an employment contract. For educational purposes and guidance during negotiation, it's beneficial to consult an attorney early in the process, even before beginning formal negotiations. Establishing a relationship with an attorney who specializes in dental law can provide valuable insights and advice. However, it's crucial to consider the attorney's approach. Some attorneys focus more on reading contracts, while others prioritize educating and empowering their clients.
Common Contract Issues and Negotiating Power
New dentists can exercise negotiation power when it comes to contract terms, but it depends on various factors. Employers are often willing to listen and engage in discussions about compensation and other terms. However, it's essential to approach negotiations in a respectful and informed manner. Demanding terms without providing a reasonable explanation may not yield favorable results. Dentists have the ability to negotiate for reasonable terms, such as higher pay or adjusting non-compete agreements, as long as they can explain the rationale behind their requests. It's also important to be mindful of the termination provision and restrictive covenants in contracts, as they can significantly impact future professional decisions.
This week Haley is joined by Matt LaMaster, an attorney that specializes in working with dentists! They discuss associate contracts and other ways that a dentist might work with a dental attorney in the future.
LaMaster Law: https://lamasterlaw.com/
Engage with the podcast on Instagram: https://www.facebook.com/groups/703580220572972/
Haley’s YouTube: https://www.youtube.com/haleyschultz
Haley's Instagram: https://www.instagram.com/haleyschultzdental/
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