What is carnivorous behaviour in a law firm? Why are Swiss Vereins a bad bet? And how come Peter Kalis was born with two front feet?
To find out the answers to all these questions check out today’s main feature and the accompanying video interview with one of the global legal market’s most outspoken law firm leaders, K&L Gates’ chairman.
Kalis has never been one to be shy about speaking his mind. Remember his Noah’s ark merger comment on the three-way merger between Norton Rose, Ogilvy Renault and Deneys Reitz? Now he’s turned his attention to the issue of law firm financial reporting, and specifically the game playing that most in the market know all too well goes on. This year K&L Gates reported its end-of-year financials to SEC standards. Kalis is calling for other US firms to do the same.
Why should anyone really care? Simple: Dewey & LeBoeuf.
This isn’t about bragging rights, it’s about the fact that people’s jobs are on the line. And a little more transparency would go a long way.
Also on TheLawyer.com:
- Osborne Clarke scales back its outsourcing arrangement with Integreon
- It’s business as usual for Pinsents as Balfour Beatty picks the firm for all its day-to-day legal work
- BT adds Carter-Ruck, Olswang, Sheridans and Wiggin to its panel in the UK
- And HowardKennedyFsi opens the door to self-employed partners