I think this is one of the dumbest things I've ever heard. I guess it's now pretty easy to see why physicians have lost so much power in the healthcare system.
Physicians have lost power at the table because of our inability to move together with force politically. I actively volunteer my time to help with that.
If I had to name another primary area that leads to our abuse, it is neglecting to hire strong legal minds to review our contracts and provide recommendations. I’ve seen friends lose $200k+/year over not having a good contract.
Next would be poor negotiation skills. I’d gladly accept a non-compete with a certain radius for a much more lucrative job. I’d also give up my right to create a competing start-up for 1 year to see the blueprints of a major mover in the field. If you accept others to give up everything for nothing, you are going to be forever stuck with jobs I wouldn’t want.
Then there is one sided indemnity agreements that can lead to you being responsible for tens of millions in potential damages if something negative occurs.
Psychiatrists and physicians in general gladly get paid pennies to supervise midlevels. Friend of mine lost his license to that. Some jobs push you to supervise without training you how to do so or allocating time/money to it.
Add many more higher risk items before finally getting to basic non-competes.
I routinely negotiate non-competes just fine without holding myself or others back depending on the side of the table I’m sitting. These are relatively simple clauses which can be selectively used for certain tasks, have buy-outs, role limited, limited distances, etc.
I can read a business to business contract, and the quality of legal work that went into the contract tells me how much negotiating power I have. A crap legal job, and I’ll ask for a lot more. The quality of legal work says a lot about who you are meeting with.
We all should have respect for/utilize good legal work, be able to identify major issues, understand where/how to negotiate, and plan our futures (not jump into whatever job comes available).