Markowitz Herbold

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A kick back is basically a bribe. A Referring Business sends a customer to a Serving Business. The patient pays the Serving Business which sends part of the payment back to the Referring Business. I scratch your back, you scratch

Lawyers and doctors are both in the professional service industry. Setting lawyer pay is pretty easy, particularly at the partner level. Just estimate the amount of business (i.e., revenue) they’ll bring in and determine how to split it up. There’s