Paul Pearlman, 65, who has led Kramer Levin Naftalis & Frankel since 2000 as managing partner, will retire at the end of this year, with partners Paul Schoeman and Howard Spilko set to take his place.

Schoeman, 49, and Spilko, 51, are slated to take the reins on Jan. 1, 2020.