- Joined
- Sep 26, 2011
- Messages
- 194
- Reaction score
- 38
As a new attending, have some questions for the most experienced.
I joined a small private practice (5 physicians), on a 2 year contract. At the end of the contract, I have option to renew contract for 3 years.
However at the end of total of 4 year of service (2 years current contract, and two year next contract), practice has provisions for "partnership."
My question is (obviously I still need to see if I like this practice and where I want to be long term), are most partnerships "buy in?" If so, I would have to keep separate cash away for impending purchase when the time comes.
Mostly I am curious how does one becomes a partner? I know in large law firms, 6-7 years later, you "make" partner, not necessarily a buyin.
Appreciate the help. Given PEDIATRIX is buying up everything everywhere, I am not sure in 4 years I will have the opportunity for partnership, but I would like to know the how/and what
Thank you
I joined a small private practice (5 physicians), on a 2 year contract. At the end of the contract, I have option to renew contract for 3 years.
However at the end of total of 4 year of service (2 years current contract, and two year next contract), practice has provisions for "partnership."
My question is (obviously I still need to see if I like this practice and where I want to be long term), are most partnerships "buy in?" If so, I would have to keep separate cash away for impending purchase when the time comes.
Mostly I am curious how does one becomes a partner? I know in large law firms, 6-7 years later, you "make" partner, not necessarily a buyin.
Appreciate the help. Given PEDIATRIX is buying up everything everywhere, I am not sure in 4 years I will have the opportunity for partnership, but I would like to know the how/and what
Thank you