New York Court of Appeals
Richard G. Cohen v. Lord, Day & Lord
December 19, 198975 N.Y.2d 95
Summary
The New York Court of Appeals held that the forfeiture‑for‑competition provision in Lord, Day & Lord’s partnership agreement is unenforceable because it violates Disciplinary Rule 2‑108(A), which prohibits restrictions on a lawyer’s right to practice. The Court reversed the Appellate Division, denied the firm’s summary‑judgment motion, granted the plaintiff’s cross‑motion, and remanded for determination of the amount due.