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Podcast: Financial Residency
Episode: Coffee & Contacts: Negotiating Your Letter of Intent edited
Description: Jon discusses the topic of letter of intents and their negotiation. He explains that a letter of intent is typically received before a formal contract and often includes details such as salary, signing bonus, relocation amounts, and student loans. He emphasizes the importance of negotiating these terms at the letter of intent stage rather than waiting for the formal contract. Jon warns against assuming that a letter of intent is non-binding and urges physicians to consult with Contract Diagnostics to ensure they are aware of all the terms and conditions before signing anything. He assures...