Physicians are hiring agents to handle contract negotiations

These agents can get up to 4% to 10% of the first year salary:

In 2001, Duke University basketball player Shane Battier moved on to the NBA and hired an agent to handle his contract negotiations. Around the same time, Duke University psychiatry resident Omar Manejwala, MD, moved on to the pro ranks and, like Battier, hired an agent to handle his contract negotiations.

It might seem strange that a physician would have an agent handle job-hunting and contract negotiations. But the increasingly complicated nature of employer and partnership contracts has more doctors retaining outside help . . .

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