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Support Overpayment
Last month, we looked at some ways in which New York courts have, in certain circumstances, permitted parties to recoup overpayments of child support and maintenance, despite the State's general public policy prohibiting restitution of such overpayments. We now continue that discussion.
Overpayment of Child Support ' Credits Against Other Obligations
One way that courts have dealt with the issue of overpayment of child support is to credit such overpayment against other financial obligations, such as so-called “add-on” expenses pursuant to the Child Support Standard Act. For example, in Futia v. Kaufteil, 24 AD3d 762 (2d Dept. 2005), the father was found to have overpaid child support because he continued to pay support for both of the parties' children after one had become emancipated. The Appellate Division, Second Department, held that the father was due a credit based on these payments and declared that a portion of this credit was properly applied toward arrears owed to the wife for uncovered medical and dental expenses for the children. However, the Appellate Division also held that the Family Court improperly directed that the remaining portion of the credit be applied by the Support Collection Unit against the father's child support account for the remaining unemancipated child.
Top 5 Strategies for Managing the End-of-Year Collections Frenzy
End of year collections are crucial for law firms because they allow them to maximize their revenue for the year, impacting profitability, partner distributions and bonus calculations by ensuring outstanding invoices are paid before the year closes, which is especially important for meeting financial targets and managing cash flow throughout the firm.
The Self-Service Buyer Is On the Rise
Law firms and companies in the professional services space must recognize that clients are conducting extensive online research before making contact. Prospective buyers are no longer waiting for meetings with partners or business development professionals to understand the firm's offerings. Instead, they are seeking out information on their own, and they want to do it quickly and efficiently.
Should Large Law Firms Penalize RTO Rebels or Explore Alternatives?
Through a balanced approach that combines incentives with accountability, firms can navigate the complexities of returning to the office while maintaining productivity and morale.
Sink or Swim: The Evolving State of Law Firm Administrative Support
The paradigm of legal administrative support within law firms has undergone a remarkable transformation over the last decade. But this begs the question: are the changes to administrative support successful, and do law firms feel they are sufficiently prepared to meet future business needs?
Tax Treatment of Judgments and Settlements
Counsel should include in its analysis of a case the taxability of the anticipated and sought after damages as the tax effect could be substantial.