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Large Firms

Oct. 10, 2012

Firm culture, a valuable asset when tended to

Any firm model is capable of falling into that Dewey "perversion." That is the stuff of which notorious failure is born, not its comparative PPP figures. By Edwin Reeser


By Edwin Reeser


In a recent interview, Pittsburgh-based K&L Gates Chairman Peter Kalis hit a number of hot buttons from my financially conservative perspective that a lot of other firm managing partners either do not or cannot confront head on in public, if at all.


"Kalis calls criticisms of the firm's relatively low PPP [profits per partner] and RPL [revenue per lawyer] figures unfair because K&L Gates doesn't enjoy the benefit of ...

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