Ruden McClosky Names its New Managing Partner
Download PDF
1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)

After the recent real estate crash and economic downturn, Florida law firm Ruden McClosky will soon employ a new managing partner starting January 1, 2011 according to “The Daily Business Review,” the firm’s sibling publication.

Reports revealed that the current Ruden McClosky president and CEO Carl Schuster, an estate-planning partner in Fort Lauderdale, will now share the leadership seat with Michael Krul, his new second-in-command partner. Krul has chaired the firm’s corporate and finance practice for more than 20 years. He will co-manage the firm in 2011 with Schuster, who is slated to step down permanently from his present post and will return to his trusts and estate practice come 2012.

The reports also disclosed that Ruden McClosky has been under major changes in the recent months. The firm has implemented layoffs and instituted an 18% across-the-board pay cut to stay afloat during the economic upheaval. The firm has 85 lawyers presently, from nearly 200 lawyers, after losing more than 50 partners and offices in Sarasota and St. Petersburg to its competitors. Some partners left the firm at the end of 2009 when they were asked to sign personal guarantees to secure the firm’s line of credit.


Krul remained positive despite the firm’s set backs. “We’re stronger and leaner heading into 2011. We will make budget. We’re doing fine; we’re poised to grow. A new management committee will be chosen in another partner election in December. The firm is even looking to start hiring again, looking for three senior associates to add to its depleted attorney roster,” Krul said.


Interesting Legal Sites You May Like




Search Now

Defense Law Attorney with 5+ years of litigation experience


Seattle office of our client seeks defense law attorney with 5+ years of litigation experience, spec...

Apply Now

Product Liability/Toxic Tort Attorney with 3-5 years of experience

USA-CA-San Francisco

San Francisco office of our client seeks product liability/toxic tort litigation attorney with 3-5 y...

Apply Now

Real Estate Partner with condominium experience

USA-NY-New York City

Prominent New York City office is seeking a real estate partner with substantial experience providin...

Apply Now

Family Law/Divorce Attorney with 3-5 years of experience

USA-CO-Colorado Springs

Colorado Springs office of our client seeks family law/divorce attorney with 3-5 years of experience...

Apply Now


Paralegal / Legal Assistant


Busy AV rated Rockville criminal and family law firm looking for experienced administrative assistan...

Apply now

Project Legal Counsel


A multinational infrastructure company seeks an attorney actively licensed with 5+ years of practice...

Apply now

Mortgage Compliance Analyst


Job Description: Rubicon Mortgage Advisors LLC, a locally-owned, boutique mortgage lender is seeki...

Apply now

Litigation Legal Assistant

USA-CA-Los Angeles

Qualifications: Candidate should have 2+ years of previous experience supporting multiple atto...

Apply now

Most Popular


To Top