What is the story about?
What's Happening?
Michelle Kelban has been appointed as a partner in Kirkland & Ellis's real estate practice in New York. Kelban joins from Latham & Watkins, where she led the firm's real estate practice. Her expertise includes representing private equity firms, institutional lenders, and both U.S. and international investors. This strategic hire is expected to bolster Kirkland & Ellis's capabilities in handling complex real estate transactions and investments.
Why It's Important?
Kelban's addition to Kirkland & Ellis signifies a strategic enhancement of the firm's real estate practice, potentially increasing its market share in the competitive New York real estate sector. Her experience with high-profile clients and complex transactions could attract more business to the firm, strengthening its position in the industry. This move reflects the ongoing trend of law firms expanding their expertise by recruiting leaders from rival firms.
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