A complaint by Jacoby & Meyers that New York state is violating the Constitution by barring outside equity ownership in law firms is “entirely without merit,” a federal judge ruled Wednesday.
“It lacks logical coherence,” Southern District Judge Lewis Kaplan said about the third amended complaint in Jacoby & Meyers v. The Presiding Justices of the First, Second, Third and Fourth Judicial Departments, 11 Civ. 3387. “At times, it misstates the law, misconstrues Supreme Court precedent and misunderstands critical distinctions in First Amendment jurisprudence.”
