After Effects 15.1 update. Text clipped on top from older projects.
In the newest version of After Effects all of my old projects have most the tops of the text-bounding boxes for text I have clipped at the top, I can always hack a fix with line-height and adjusting position, but with projects that have a lot of animated text thin isn't really a viable solution.
This happens on mine as well as a co-worker's computer on various older projects.
Habe you used an expression? I had to fixed mine when used sourceRectAtTime(time,false) then try it with true instead of false. In the latest version After Effects uses the real size of the Textbox to calculate the size of the text. If you set this to true it uses the real size of the text as bounding box not the textbox itself
Thanks for submitting this, Nick.
Could you provide a link to screenshots and/or a sample project that demonstrates the problem. It would help if we could see what you're seeing. If you prefer not to post publicly, send the link to email@example.com.