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Sharing A Piece Of The Future Post-Divorce: Toward A More Equitable Distribution Of Professional Goodwill, Alicia B. Kelly

Alicia B. Kelly

Nationwide, the law of marriage and divorce is engulfed in a storm of controversy over how to redress the widely lamented injustices which often follow divorce and how to achieve better economic parity between ex-spouses. In this Article, Professor Alicia Kelly examines how the treatment of goodwill in a professional practice reflects and influences this ongoing debate. The Article emphasizes that many courts have subtly transformed the classic concept of goodwill - which is an asset of the business - to include the unconventional concept of personal goodwill - an asset of an individual. Professor Kelly explains that judicial acceptance …