Pearls
- Preparation is the key to a successful negotiation.
- Four primary areas to pay attention to in a contract are: duties, compensation, benefits, and exit strategy.
- Young ophthalmologists should learn, practice and sharpen negotiation skills prior to entering into a high stakes scenario such as an employment agreement to increase the likelihood of success.
quiz question
- Explain what a noncompete clause is.
- Name three concepts in negotiation that are important to keep in mind when you are preparing for your first high stakes contract negotiation.
- True or False: Four areas to focus on in reviewing a contract are—duties, compensation, benefits and length of the agreement.
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