Milbank is adding a 10-lawyer group from King & Spalding, including structured finance head Michael Urschel, partners Martin Eid and Kathryn Weiss and at least seven other attorneys, the firm said Tuesday. The group will be based out of Milbank’s New York office. 

Urschel’s group has a very specific focus, one that hones in on whole-business and digital securitizations and, according to Urschel, is not a volume-based practice. Having the right team and platform is crucial for every matter, he said.

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