I had a lawyer look over it for me... my brother. Funny thing was, my first "good" contract, I had him look over it. I read over it myself of course, and said "hey this ain't no big thang, looks like a good contract." Well, without me even knowing, my brother interpreted certain things, like "Uh, you know you can't work anywhere else in the same county for during and one year after your employment."
Holy crapola, there was a non compete clause and I didn't even see it?!?!?!?!
Other little things that weren't of much significance but I couldn't read the legal-ese.
The contract I signed currently is much more straightforward (Its a two hospital private/subsidized salaried) contract, which is probably less dangerous (and potentially backstabbing) than a for profit or FFS group (potential for a lot more $$$ and bonuses). I'm sure there are attendings at your residency who can kind of go over it. Bring it into conference one day and show it to them while they're sitting there. Also, have the med director at your place go over it, they're probably the contract expertrs (or perhaps your Dept Chairman).