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by David Marks
“Have patience, understand • Don’t be concerned with how many interviews you
should plan for. This number is a moving target. Rather,
the timing and the process plan to interview until you have two viable candidates for
the position. With two candidates, you will have a back-
you will be going through
up in case one says no, and you will also provide yourself
and plan thoroughly.” leverage if a candidate negotiates unreasonable terms. If
you only identify one viable candidate, be more flexible
with your negotiations.
• Develop the terms of your offer prior to the phone inter-
views, and a written contract should be in order prior to
the formal interview process. You will likely be asked about
compensation, benefits and future partnership opportuni-
ties. Also be ready to address questions about moving
expenses, house hunting trips, sign-on bonuses and other
incentives (like country club initiation fees) you might
offer to attract the perfect candidate.
• Lastly, determine who will negotiate the contract with the
candidate. While most practice owners do this themselves,
it can lead to issues, possibly even to a candidate walking
away if negotiations get contentious. You might want to
have your attorney handle the negotiations, so you can
remain the “good guy.” Put an end date on all offers. An
end date puts pressure on both parties to work toward get-
ting a deal done and eliminates the need for you to with-
draw an offer if a candidate procrastinates.