For the first time in nine years, New York-founded Proskauer Rose will have a new leader at the helm. Steven Ellis, current co-chair of the firm’s private credit group and a member of its executive committee, will replace current chair Joseph Leccese in January 2020.

“You don’t really take over for Joe,” said Ellis, praising Leccese’s accomplishments. “You pick up the rock and keep pushing.”

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