Weil v. O'Cleireacain

OPINION OF THE COURT

Ciparick, J.

In both of these CPLR article 78 proceedings brought by law firms, some of whose partners are professional corporations, the issue presented involves the computation of the exemption allowed by Administrative Code of the City of New York § 11-510 (2).

I

Weil, Gotshal & Manges and LeBoeuf, Lamb, Leiby & MacRae are partnerships engaged in the practice of law in New York City and as such are subject to taxation under the Unincorporated Business Income Tax (UBT) (Administrative Code § 11-501 et seq.). Some of the law firms’ partners are professional corporations for…