Kathleen Smalley is an Affiliated Expert at Grayslake Advisors specializing in the areas of commercial real estate transactions and finance, corporate governance, and fiduciary duty. She is an experienced arbitrator and a member of the National Academy of Distinguished Neutrals, with a career spanning roles as inside general counsel to major developers Trammell Crow Company and Catellus Development Company, as a litigator with a premier trial firm, and as a transactional lawyer at leading law firms. She has developed and taught courses on Real Estate Transactions at Harvard, Stanford, Yale, and UCLA Law Schools, a course on Resolving Legal Issues in Real Estate at UCLA’s Anderson School of Management, and a short course on Real Estate Ethics at Harvard’s Graduate School of Design. She began her legal career as a law clerk to Judge John Minor Wisdom of the Fifth Circuit and to Justice Sandra Day O’Connor at the U.S. Supreme Court. She currently serves on panels for the American Arbitration Association, and she is a member of the Council on Foreign Relations, the American College of Mortgage Lawyers, and the American Law Institute. She is a former director of iCivics, Inc. and Quality Care Properties (NYSE: QCP), a Fellow of the British-American Project, a former Chair of the Visiting Committee of Harvard Law School, and a former Trustee of the California State Teachers Retirement System. She has written and spoken extensively on real estate development and finance, corporate counsel issues, and dispute resolution. She received her J.D. from Harvard Law School and her B.A. from Rice University.




































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Kathleen Smalley is an Affiliated Expert at Grayslake Advisors specializing in the areas of commercial real estate transactions and finance, corporate governance, and fiduciary duty. She is an experienced arbitrator and a member of the National Academy of Distinguished Neutrals, with a career spanning roles as inside general counsel to major developers Trammell Crow Company and Catellus Development Company, as a litigator with a premier trial firm, and as a transactional lawyer at leading law firms. She has developed and taught courses on Real Estate Transactions at Harvard, Stanford, Yale, and UCLA Law Schools, a course on Resolving Legal Issues in Real Estate at UCLA’s Anderson School of Management, and a short course on Real Estate Ethics at Harvard’s Graduate School of Design. She began her legal career as a law clerk to Judge John Minor Wisdom of the Fifth Circuit and to Justice Sandra Day O’Connor at the U.S. Supreme Court. She currently serves on panels for the American Arbitration Association, and she is a member of the Council on Foreign Relations, the American College of Mortgage Lawyers, and the American Law Institute. She is a former director of iCivics, Inc. and Quality Care Properties (NYSE: QCP), a Fellow of the British-American Project, a former Chair of the Visiting Committee of Harvard Law School, and a former Trustee of the California State Teachers Retirement System. She has written and spoken extensively on real estate development and finance, corporate counsel issues, and dispute resolution. She received her J.D. from Harvard Law School and her B.A. from Rice University.