Pittsburgh's K&L Gates LLP
is holding a steady course despite the global recession. As one of the region's and the nation's largest law firms, the firm reports increased profitability in 2009 and continues to substantially expand business.
Just this month CEO Peter Kalis was featured in the Wall Street Journal
, answering tough questions on cost cutting and the firing of 40 attorneys and 200 staff in the midst of strong company growth and investment in new markets. The company's secret to success? No debt, said Kalis.
In addition, K&L Gates continues to receive kudos for its use of technology in the marketplace. The firm was among the 250 companies in the 2009 InformationWeek 500, an annual listing of the United States' most innovative users of business technology. K&L Gates was recognized for its advanced Litigation billing system, which streamlines the complex process of litigation billings.
The firm has also received CIO Magazine's "CIO 100 Award" four times, an award offered to global corporations for exception achievements in the field of technology. It was the first law firm to ever receive three consecutive CIO 100 Awards.
K&L Gates is a full market practice, employing 1,800 lawyers in 33 offices on three continents located on three continents. Practice areas include: Corporate and Transactional; Litigation and Dispute Resolution; Financial Services; Real Estate; Regulatory and Policy; and Intellectual Property.
Revenues for 2009 are expected to exceed $1 billion and, if projections are on target, it will be the company's biggest year to date. The company has continued to expand in the last two years, has announced mergers with firms in Chicago, North Carolina and Texas and opened offices in Singapore, Frankfurt and Dubai.
Writer: Debra Diamond Smit
Source: K&L Gates