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Peter Kraus

Founding Partner Waters Kraus Paul
Waters Kraus Paul

Peter Kraus is a founding and managing partner of Waters Kraus & Paul. He began his career as a commercial litigator in Washington, D.C., and has since focused his practice on toxic torts, False Claims Act whistleblower cases, and pharmaceutical injury litigation.
He has tried numerous asbestos, benzene exposure, and pharmaceutical cases to verdict in state and federal courts across the country, including many multimillion-dollar verdicts. He is an ardent supporter of consumer and victims’ rights, having testified before the Texas Legislature and frequently lobbied Congress on behalf of asbestos litigants.

Peter also serves on several asbestos bankruptcy creditor and trustee advisory committees. He is involved in steering committees for both U.S. and Texas asbestos multidistrict litigation, and has served on the ABA Commission on Asbestos litigation. In January 2020, he was appointed by Speaker of the U.S. House of Representatives Nancy Pelosi to serve a second 5-year term on the board of the Federal Judicial Center Foundation.

Education
• University of Texas School of Law, Austin, Texas J.D., 1985
• Duke University, Durham, North Carolina, A.B., 1982

Honors
• Member, Top 10 Asbestos/Mesothelioma Trial Lawyers Association, The National Trial Lawyers, 2020-Present
• Recipient, Above and Beyond Award, American Association for Justice, 2017

Associations
• American Association for Justice
o Board of Governors, 2011-Present
o Budget Committee, 2010-Present
• American Board of Trial Advocates
• Public Justice Foundation

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