Former Baggies midfielder Shakespeare made more than 100 appearances for the club in the early 1990s before returning as a community officer towards the end of the decade.
He served as an academy coach and then reserve-team coach and even stepped in as caretaker manager for one game in 2006 - overseeing a 2-0 win away at Crystal Palace.
Shakespeare left West Brom in 2008 to be reunited with former Baggies boss Nigel Pearson at Leicester and the 53-year-old is now in charge of the Foxes for the remainder of this season following Claudio Ranieri's sacking in February.
Asked if he would get a good reception from the home fans, Pulis said: "I should imagine so
He's from this area, he played for Walsall as well.
"He was a decent player
He's got his first opportunity and he's done a good job since taking over.
"He's a good football man, been in football for a long time
This is the first time he's had the opportunity to lead the team."
Meanwhile, Pulis has been dealt a double injury blow this week with the news that Matt Phillips and Hal Robson-Kanu look set to miss the next two matches through injury.
Both players pulled up with hamstring problems in training on Tuesday and will definitely not be involved against Leicester, and could also miss the trip to Burnley next weekend.
"They'll both miss this game and the following week I should imagine," said Pulis.
"It is disappointing picking any injuries up in training
To get two in one day was bad luck in lots of respects, but we've done very well this year injury-wise.
"It's a bit of a blow for us, especially in respect of the forwards because we wanted to keep them fit as much as possible."
Either James Morrison or James McClean will replace Phillips while Salomon Rondon will come in for Robson-Kanu up front, as West Brom look to break a four-game duck without a goal
Source : PA
Source: PA