In the revised second edition of this engaging book, Dennis Hursh, a physician's contract attorney since 1992, pulls back the curtain and tells physicians what they need to know before they sign a physician employment agreement.Dennis will help you understand the pitfalls in common compensation models, and will also warn you about two aspects of physician employment agreements that can devastate the unwary. He also gives valuable advice on how to deal with letters of intent (sometimes called term sheets). You will learn the key components in potential ownership of a private practice, and potential traps in recruitment agreements.Finally, Dennis will give you sound advice on negotiation of your physician employment agreement, to assure that you get a fair and equitable agreement. The first employment agreement can set the stage for the rest of your career, so make sure it's reasonable!