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In this episode of 'The Patient Physician,' meet Ashley Shaw, founding attorney at Contract Rx, to explain common misconceptions, negotiation tactics, and the critical terms doctors should watch for in employment contracts. With Ashley's extensive experience, she breaks down how even the smallest details can have significant impacts on a physician's career and financial well-being. The episode highlights the need for legal expertise to ensure that physicians are not disadvantaged by contract terms, emphasizing that everything is negotiable and that understanding one's contract is key to a successful medical career—a must-listen for medical professionals, especially those exiting residency and beginning their careers as physicians. MEET OUR GUEST: Ashley Shaw is the founding attorney of Contract Rx, a law firm that focuses exclusively on physician contracts. As a physician contract expert, Ashley guides physicians through the contract process to negotiate what really matters in a physician contract. With nearly 20 years of legal experience, Ashley has helped thousands of physicians nationwide negotiate better contract terms and better compensation. Contract Rx empowers physicians by offering affordable flat-rate physician contract review and negotiation services that are tailor-fit for your physician contract. Learn more: mycontractrx.com (https://mycontractrx.com) | info@mycontractrx.com | 314-282-7546 TIME STAMPS: 00:00 Welcome and Excitement for the Guest 01:14 Introducing Ashley Shaw from Contract Rx 01:34 The Role of Attorneys in Physician Contracts 03:36 Negotiation and Misconceptions in Physician Contracts 06:22 Importance of Contract Review and Legal Advice 08:50 Understanding Compensation and Legal Terms 13:12 When to Consult a Contract Attorney 17:32 The Value of Specialized Legal Expertise 29:39 Understanding Compensation and Its Impact 30:08 The Importance of Contract Details 31:37 Empowering Physicians Through Flat Fee Services 32:48 Tailored Packages for Different Career Stages 34:44 The Journey to Specializing in Physician Contracts 36:41 The Bright Spots in Helping Physicians 41:03 Negotiation Coaching and Empowerment 45:22 The Value of Contract Reviews and Revisions 54:04 Rapid Fire Questions and Key Takeaways 57:15 Final Thoughts and Reflections Please email questions or show ideas to info@physiciansrs.com. Connect with Us on Social: • FACEBOOK (https://www.linkedin.com/company/phys...) • LINKEDIN (https://www.linkedin.com/company/phys...) • YOUTUBE ( / @physiciansresourceservices ) • INSTAGRAM @physiciansRS ( / physiciansrs ) Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com (https://pcm.adswizz.com) for information about our collection and use of personal data for advertising.