Hit hard by the real estate crash and economic recession, Florida firm Ruden McClosky has shaken up its management and will hand the reigns over to a new managing partner on January 1, 2011.

The Daily Business Review, a sibling publication, reports that current Ruden McClosky president and CEO Carl Schuster, an estate-planning partner in Fort Lauderdale, will share power next year with his second-in-command, Michael Krul, who has chaired the firm’s corporate and finance practice for more than 20 years.

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