Litman v. Litman

opinion of the court

This appeal presents the question of whether a spouse’s law practice is subject to equitable distribution upon the dissolution of a marriage. Special Term held that a law practice is not a proper subject for equitable distribution, and thereupon denied the defendant wife’s application for funds to enable her to retain experts to determine the value of her husband’s law practice. In its decision (Litman v Litman, 115 Misc 2d 230), the court stated that since a lawyer is enjoined by the Code of Professional Responsibility of the New York State Bar Association from selling…