Dr. Wes on the stark advantages lawyers have when billing. Wonder why there is a doctor, but not a lawyer, shortage? Read it and weep:

In summary, lawyers set their own value, guard it carefully, and increase their hourly wage based on reputation, supply, and demand. Doctors, on the other hand, have succumbed to socialist pressures that have prevented a more realistic, capitalist approach to their economics. As such, they have allowed their value to be set for them by others and have watched their market value (and any ability to negotiate their value going forward) to dwindle, irrespective of specialty.

✓ Join 150,000+ subscribers
✓ Get KevinMD's most popular stories