06/19/2013    Michael M. Rosenblatt, DPM

Unmatched Residency Placement Currently Stands at 92 (Lawrence Kansky, DPM, JD)

Recently, a DPM/JD suggested that a large law
firm would be able to sustain a class action
lawsuit against various defendants regarding the
damages to the 92 DPM graduates who will not be
able to qualify for state licensure due to no
residency position for them.

There is an "automatic" and naïve assumption from
the potential defendants that this will be
impossible because new graduates are poor and
cannot afford representation. But this a fallacy.
There are large investment firms that specialize
in providing capital for promulgation of lawsuits
that have a reasonable to high likelihood of
settlement or judgment against the defendant(s).

The manner in which this is accomplished is that
each plaintiff signs a separate agreement with
the investment (and law firm) involved in the
suit that the investment company will receive a
percentage of the settlement as soon as it is
delivered. This can be a highly profitable
enterprise.

For example, it is well known that the Council of
Podiatric Medical Education, through its various
employees have instituted a hardline attitude
toward working with prospective new programs, as
well as granting certificates to those who in the
past were denied them.

This history will be easy to prove, as there is a
line of people who have been damaged by CPME, and
continue to be. This could also spill over to
APMA, which would be tragic indeed. But much of
that is their own fault, in continuing to
tolerate mismanagement of CPME and deliberately
promoting impossible standards.

This crisis could easily close several DPM
colleges permanently and even threaten APMA. It
is up to our leaders to fix this, or it may very
well be forced upon them. I also believe it will
strike national headlines.

Michael M. Rosenblatt, DPM, San Jose, CA,
Rosey1@prodigy.net

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