The $187K Mistake Most Doctors Don't See Until It's Too Late

A focused 60-minute webinar for physicians preparing to review, negotiate, or sign an employment agreement, designed to help you understand key contract terms and avoid costly mistakes before making career decisions.

Hosted by John McCormick, attorney and founder of Med Contract Law, a specialized division of McCormick Law & Consulting, dedicated exclusively to reviewing, negotiating, and protecting physician employment agreements.
​​​​​​​​

Tuesday, June 9, 5:00 PM EST
​​​​​​​RESERVE YOUR SEAT  •  FREE WEBINAR
​​​​​​​Live + Q&A. Recording sent to all registrants.

About The Webinar

You spent a decade learning medicine. Nobody taught you how to read a 30-page employment contract.

The hospital across the table has lawyers who do this every day. You have a PDF on your laptop and three hours between shifts.

A hospitalist signs what looks like a great offer: $310,000 base, $40,000 signing bonus, two-year commitment. Three weeks in, life happens. She needs to leave.

What does that exit actually cost her?
Roughly $187,000.

Prorated signing bonus repayment. Full relocation clawback. CME repayment. And a tail coverage bill she didn't know she owed.

Every dollar of it is in the contract she signed. None of it is in the offer letter she got excited about.
​​​​​​​
This webinar is built to make sure you don't sign one of those contracts.

  • What You’ll Learn During the Webinar 

    Over 60 minutes, John McCormick will walk through the following: 

    The 10 Most Common Mistakes Made Before Signing: 

    1. Focusing on base salary — and missing where the real money lives 

    1. Not understanding how RVUs work in your deal 

    1. Glossing over the bonus formula's five trapdoors 

    1. Signing a non-compete without doing the actual math on a map 

    1. Ignoring the asymmetric termination provisions 

    1. Overlooking tail coverage — the most expensive sentence in your contract 

    1. Signing up for "reasonable" call without specifics 

    1. Missing the repayment provisions that can claw back six figures 

    1. Assuming "this is our standard agreement" is a fact — it isn't 

    1. Signing without a qualified review — and why "I'll look it over myself" costs more than the review would have 


    Red-Flag Phrases You Should Never Ignore: 

    Specific language that appears in real physician employment contracts and often signals terms that deserve immediate attention. During the webinar, you’ll learn exactly what these phrases mean, why they matter, and how they show up in agreements physicians sign every day without realizing the impact. 


    Bonus Resources Included with Registration (Real Tools You Can Use Immediately) 

    7 Red-Flag Phrases Handout 

    Specific contract language physicians should immediately recognize and review carefully. These are the phrases that should make you stop reading and pick up the phone. 
    ​​​​​​​

    This is for you if: 

    • You're a resident or fellow in your final 12 months of training 

    • You're evaluating your first physician employment 

    • You're considering a job change and haven't reviewed a contract in years 

    • You've been told your contract is "boilerplate" and aren't sure if that's true 


    Meet Your Host- John McCormick 

    John McCormick has spent 15 years helping professionals protect their careers, businesses, and futures. As founder of McCormick Law & Consulting, he has built a practice known for precision, responsiveness, and client-centered service. 

    Med Contract Law is a specialized division focused entirely on physician employment contracts. John understands that physicians face unique challenges, including complex compensation structures, restrictive covenants, demanding schedules, and high-stakes career decisions. His approach combines deep legal expertise with practical, physician-friendly guidance. 

    John is licensed in Virginia and North Carolina and serves physicians nationwide in contract review and negotiation matters. 
    ​​​​​​​

    Experience & Recognition 

    • Licensed in Virginia & North Carolina | Serves physicians nationwide  

    • 15 years of legal experience  

    • 5,000+ legal documents reviewed and prepared  

    • Virginia-Pilot Inside Business Top 40 Under 40 (2023)  

    • Virginia Business Legal Elite (2022–2025)  

    • Top Lawyers of Coastal Virginia (2022–2025)  

    • Super Lawyers Rising Stars (2014–2015, 2019–2025)  

    • Elite Lawyer Award (2022–2025) 



     

Webinar Presenter

  • John McCormick

    Presenter

  • , ,