00:00:00 Amanda Hill, a seasoned attorney and the founder of Guard My Practice, discusses her role as a trusted advisor for physicians navigating legal intricacies. She shares that her job is never dull, as she receives calls daily from doctors seeking help with various issues, including investment or business deals, conflicts with employees or partners, and confusion over next steps during transitions. Amanda admits that she doesn't know everything but promises to find the answers, which empowers her clients and builds trust.

00:05:00 In this section of the podcast episode, Amanda Hill discusses her approach to uncovering information and mitigating risks as a legal professional. She emphasizes the importance of trusting instincts and digging deep to uncover all relevant information, even if it means consulting other professionals or conducting extensive research. Hill mentions that while government websites can be helpful, they often do not provide comprehensive answers. Instead, she relies on resources from other law firms and articles to find the information she needs. Hill also emphasizes the importance of risk tolerance in her job and encourages professionals to make their own decisions while seeking her advice. She shares a past experience where she learned that her role as a counsel is to advise, not to make decisions for clients.

00:10:00 Amanda Hill shares her early career experiences and how they led her to develop a passion for health law. Despite not qualifying for a job at the VA for a position she wasn't qualified for, she was hired based on her interview and naive bravado. She started with an entry-level job, which she loved, and realized the power in working with doctors to analyze their care and defend them against lawsuits. After working for two more healthcare systems, she was hired as their director of patient relations, where she gained valuable experience in understanding the daily challenges doctors face and providing training for them. These experiences shaped her perspective as a lawyer and led her to specialize in health law.

00:15:00 Amanda Hill discusses her role as an attorney and counselor, emphasizing the importance of her advice in protecting clients in the long run. She shares anecdotes about clients seeking her guidance on employment issues and the need for patience and planning. Hill also mentions the upcoming Physicians Financial Summit, where she be a guest speaker, sharing her playbook. She highlights her unique ability to empathize with clients, having gone through various life challenges herself, and her all-encompassing approach to legal and financial matters.

00:20:00 Amanda Hill explains her approach to contract review, focusing on the importance of protecting clients and ensuring their freedom to exit if necessary. She views contracts as more than just a list of rules, but as a means to safeguard clients from potential risks and bad investments. Hill emphasizes the need to understand the client's unique qualities and leverage before negotiating contract edits. By building a compelling story around the client, she can effectively persuade the other party to make concessions, ultimately leading to a successful deal.

00:25:00 In this section of the podcast episode, Amanda Hill discusses the importance of focusing on the big picture items in contract negotiations and financial vulnerabilities for physicians. She advises against nitpicking every small detail and instead, focusing on the major issues such as flexibility, payment terms, and exit strategies. Hill uses the analogy of a house to illustrate this concept, emphasizing the importance of considering the roof, doors, and basic structure over the color of the curtains. She shares her successful experience with this approach and the importance of having an advocate and team member in business and financial matters. Additionally, Hill touches on the vulnerability of physicians to fraud and abuse, explaining how it's not always obvious and can be presented in well-crafted, legal-looking packages. She emphasizes the need for physicians to question and seek professional advice before making decisions that could negatively impact their financial future.

00:30:00 Amanda Hill discusses the importance of doctors gaining a foundational knowledge of financial and legal concepts to avoid vulnerability and potential financial losses. She uses the analogy of a doctor needing to translate complex medical diagnoses for patients, and similarly, experts need to explain financial and legal complexities in simple terms for doctors. Hill emphasizes that doctors should not be expected to know all the intricacies of finance and law but should have a basic understanding to make informed decisions and spot potential issues. She believes that providing doctors with some education on these topics will help them become less codependent and more self-sufficient.

00:35:00 Amanda Hill shares her motivation behind providing free information to doctors through her company, Guard My Practice. She believes that empowering doctors with knowledge and understanding about legal and financial issues will help them make informed decisions and prioritize their resources effectively. Hill also emphasizes that her goal is not to hinder her practice but to improve it by establishing herself as an expert and providing both awareness and action steps for doctors. She shares her experience of starting Guard My Practice and learning from mistakes, viewing failure as an opportunity for growth and improvement.

00:40:00 Amanda Hill discusses her experience helping doctors transition out of unfavorable contracts and situations, using her legal knowledge to negotiate better deals and provide guidance. She emphasizes the importance of letting go of past toxicity and focusing on what the doctor truly wants. Hill expresses her enjoyment in helping doctors find happiness and success in their careers, and acknowledges the challenges doctors face in a field where they are often targeted by scammers and unscrupulous individuals. She encourages doctors to trust and seek help from legitimate sources, emphasizing the importance of finding a safe and trustworthy environment. Hill shares stories of doctors who have faced significant challenges but have ultimately found success and happiness, encouraging listeners to believe in their ability to overcome adversity.

00:45:00 In this section of the podcast episode "Guarding Your Practice & Eliminating Financial Vulnerability," Amanda Hill shares her motivation for shifting her business model from being a lawyer to teaching and training doctors. During the Covid-19 pandemic, she felt terrible that doctors were hiring her as their lawyer for basic advice and support, paying a significant amount of money per hour. This experience led her to realize that there must be a better way to share her knowledge with a larger audience. She felt compelled to help doctors outside her practice in Texas and share her hard-earned insights. She and her team recognized the need to educate physicians on financial matters, as they often lacked the necessary financial literacy despite their high level of intelligence. Amanda's mission was to help doctors gain the knowledge they needed to take action and improve their financial situations.

00:50:00 Amanda Hill emphasizes the importance of doctors having a basic understanding of their financial and legal operations, rather than relying solely on employees or contractors. She stresses the value of audits to ensure the accuracy and security of billing and financial packages, and encourages doctors to view the cost of these services as an investment in their long-term success. Hill also shares her plans for the future, including hiring another lawyer for her firm and her goal of providing foundational knowledge to medical residents. To learn more about Amanda Hill and her firm, visit guardmypractice.com or connect with her on LinkedIn.

00:55:00 Amanda Hill discusses her online courses, all of which qualify for Continuing Medical Education (CME) through the American Academy of Family Physicians. She particularly recommends the 90-Day Notice course for those in job transitions, which includes weekly live sessions with Hill and a physician surgeon coach. Hill emphasizes the uniqueness of this program and the positive feedback it has received. She also invites listeners to connect with her on LinkedIn and suggests topics for future discussions. This marks the first time a non-physician has appeared on the show, and Hill expresses her excitement for potential future collaborations.