It's hard to look at guaranteed lifetime payments from a company pension plan and think that might not work for you. Yet in some cases that is the case, as every finical situation is unique. So, make sure to weigh all of your options before you decide between a pension or a lump sum IRA.
Cash Balance plans can provide an alternative to your retirement savings plans for you and any employees in your practice. However, make sure your practice is the right fit for this plan before jumping in.