Legal Business

Ready for his close up

Outspoken, opinionated and often right, K&L Gates head Peter Kalis has made financial transparency his latest mission. Legal Business talks to the Rhodes Scholar who runs a $1bn firm yet still can’t fit into the US legal establishment

‘I was embarrassed to be in the same profession as Dewey & LeBoeuf,’ states Peter Kalis, not without a sense of the dramatic. The chairman and global managing partner of K&L Gates is referring to the circumstances in which the aforementioned Wall Street giant last year became the largest-ever legal collapse amid acrimony and controversies over financial reporting.