Your practice value likely makes up a major part of your net worth, so a successful transition is critical to your financially secure retirement. How can you ensure you make the right transition decision during this pandemic? Below, practice transition expert Roger K. Hill* discusses the long-term trends in practice values, the recent impact of COVID-19, and how to determine if selling to corporate (DSO) is right for you.

Long-Term Trend of Rising Values

The chart below summarizes practice sale values expressed as a percentage of prior year collections, derived from over 1,100 actual transitions handled by Hill’s firm since 2003. As you can see, values have...