LEGAL
SPECIAL FEATURE : THE PHYSICIAN ’ S FINANCIAL HEALTH
Asset Protection For
Today ’ s Physician
Douglass Lodmell , J . D ., LL . M . & Ian Hasegawa , J . D ., M . B . A .
Liability Risk Up , Barriers to Risk Down .
We are preaching to the choir when we say that the threat of litigation liability hanging over a physician today in the U . S . is deep , wide , and increasingly burdensome . Beyond medical malpractice , you face employee law suits , general non-medical liability , and compliance-related penalties that create an overwhelming series of risks and liabilities . You have either already been sued , or know someone close to you that has .
Our tort system has come to resemble a perverse redistribution-of-wealth scheme that encourages plaintiffs , who risk nothing , to sue anyone who may appear to have the ability to pay .