Navigating physician non-competes: a strategy for staying put

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Recorded11 May 2025

Publisherkevinmd.libsyn.com ↗

Handlerec:6196088

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Cardiologist Stanley Liu discusses his article, "5 steps to ride out a non-compete without uprooting your family." He shares his personal experience of being bound by an 18-month, 20-mile non-compete clause after leaving an academic cardiology position and outlines the strategic steps he took to navigate this period without relocating his family. Key points include the critical importance of building a substantial worst-case scenario fund for financial security during negotiations or unemployment, defining clear personal and professional goals for the career transition to maintain focus, and exploring diverse income streams like locum tenens work or non-clinical roles that align with those goals. Stanley also emphasizes the necessity of creating contingency plans (Plan B and C) for potential setbacks and the importance of maintaining professional goodwill by managing the departure process gracefully. Actionable takeaways involve proactive financial planning, intentional career design focused on personal well-being, and strategic navigation of contractual limitations. Our presenting sponsor is Microsoft Dragon Copilot. Microsoft Dragon Copilot, your AI assistant for clinical workflow, is transforming how clinicians work. Now you can streamline and customize documentation, surface information right at the point of care, and automate tasks with just a click. Part of Microsoft Cloud for Healthcare, Dragon Copilot offers an extensible AI workspace and a single, integrated platform to help unlock new levels of efficiency. Plus, it's backed by a proven track record and decades of clinical expertise—and it's built on a foundation of trust. It's time to ease your administrative burdens and stay focused on what matters most with Dragon Copilot, your AI assistant for clinical workflow. VISIT SPONSOR → https://aka.ms/kevinmd SUBSCRIBE TO THE PODCAST → https://www.kevinmd.com/podcast RECOMMENDED BY KEVINMD → https://www.kevinmd.com/recommended

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