Peter A. Kraus

Peter A. Kraus: Attorney with Waters Kraus & Paul AV stamp icon
  • Founding Partner at Waters Kraus & Paul (34 Attorneys)
  • 3141 Hood Street, Suite 700, Dallas, TX 75219
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Peter Kraus is a founding and managing partner of Waters Kraus & Paul. A native of Dallas, Texas, Peter earned his bachelor’s degree from Duke University and his law degree from the University of Texas. 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 December 2014, he was appointed by then-Senate Majority Leader Harry Reid to serve on the board of the Federal Judicial Center Foundation. Licensed to practice law in Texas, California, Hawaii, Missouri, and Virginia, Peter has been elected for membership in the American Board of Trial Advocates by his peers. He has been selected by his peers for inclusion in the 2019 Edition of The Best Lawyers in America magazine for his work on behalf of plaintiffs in Personal Injury Litigation and Product Liability Litigation. He has received this recognition for four consecutive years beginning in 2016. Peter has also been recognized on the D Magazine “Best Lawyers in Dallas” list and the Thomson Reuters Texas Super Lawyers list repeatedly in the last seventeen years.

Peter is active in the community, particularly in the areas of education, medicine, and the legal profession. He is the former chairman of the boards of the Greenhill School and the St. Paul Medical Foundation. He is a current board member of the Southwestern Medical Foundation, the Dallas Holocaust and Human Rights Museum, and public radio and television station KERA. He also serves on the Board of Governors of the American Association for Justice and the board of the Texas Trial Lawyers Association. He formerly served on the board of Public Justice, a public interest law firm that he and the firm continue to support. He also formerly served his alma mater as a member of the Duke University Annual Fund executive committee. He is a member of the Dallas Bar Association.


• 1.1Mil Mesothelioma Verdict for California Pipefitter
•Lawsuit Seeks to Restore Voting Rights of Miss.’s African-American Voters
•State Ordered to Comply with NVRA
•A Win for Texas Motor Voter Registrants on All Counts
•Federal Judge Rules that Texas is Violating “Motor Voter” Law
•Family of Boston Letter Carrier Receives 6.8M Asbestos Verdict
•Peter Kraus Named on 2017 Texas “Super Lawyers” List
•Peter Kraus Named to Best Lawyers in Dallas 2017

See additional highlights

•Peter Kraus Recognized with Above and Beyond Award
•Federal Court Denies Texas’ Motion to Dismiss “Motor Voter” Case
•Peter Kraus to Receive 2016 Kristi Couvillon Award for Pro Bono Work with Battleground Texas
• 8.2M Verdict In Texas Benzene Trial Against DuPont
•Peter Kraus Appointed to Federal Judicial Center Foundation Board
•Peter Kraus Speaks on Exposure at 2009 HB National Asbestos Litigation Conference - video
•Bayer loses 400,000 in medical lawsuit
•Bayer Is Told by Jury to Pay 400,000 in Alka-Seltzer Plus Case
•Four WK Partners Selected as 2006 Texas “Super Lawyers”
•Lowery v. Bondex International et. al.

Pro Bono & Community Service

•KERA Board of Directors, 2019-Present
•Dallas Holocaust and Human Rights Museum
•Board Member, 2018-Present
•Greenhill School
•Chairman, Board of Trustees, 2012-2014
•Board of Trustees, 2008-2017
•Southwestern Medical Foundation
•Board of Trustees, 2011-Present
•St. Paul Medical Foundation, 2004-2016
•Chair, Foundation Board, 2006-2008
•Duke University Annual Fund Executive Committee, 2007-2014
•Major Sponsor, Dallas Area Volunteer Program, 2004-2011
•Lead Donor, Dallas Area Volunteer Program, 2001, 2003

Honors & Awards

•Recipient, Above and Beyond Award, American Association for Justice, 2017
•Kristi Couvillon Pro Bono Award, Texas Civil Rights Project, 2016
•Selected for recognition on the Best Lawyers in America list, produced and published by Best Lawyers, 2016, 2017, 2018, 2019
•Appointed to Federal Judicial Center Foundation Board, 2014
•Selected for recognition on the “Texas’ Top Rated Lawyers” list, produced by LexisNexis Martindale-Hubbell and published by ALM Media Properties, 2013, 2014, 2015, 2016
•American Association for Justice “David S. Shrager President’s Award,” 2012
•American Association for Justice “Heavy Lifting” Award, 2010, 2011
•Selected for recognition on the Texas Super Lawyers list, published by Thomson Reuters, Legal, 2003-2011, 2017, 2018
•Selected for recognition on the “Best Lawyers in Dallas” list in D Magazine, published by D Magazine Partners, 2001, 2011, 2012, 2013, 2014, 2015, 2017, 2018, 2019
•AV Preeminent 5.0 out of 5.0, Martindale-Hubbell Featured Peer Review Rated Lawyer
•2018 Patron Member of Public Justice

Areas of Practice (6)

  • Asbestos Litigation
  • Toxic Tort
  • Pharmaceutical Litigation
  • Medical Device Litigation
  • False Claims Act Litigation
  • Commercial Litigation

Education & Credentials

Contact Information:
214.357.6244  Phone
214.357.7252  Fax
University Attended:
Duke University, Durham, North Carolina, A.B., 1982
Law School Attended:
University of Texas School of Law, Austin, Texas, J.D., 1985
Year of First Admission:
2013, U.S. District Court, Western District of New York; 2018, Hawaii; 1985, Virginia; 1986, U.S. Court of Appeals 4th Circuit; 1986, U.S. District Court, Eastern District of Virginia; 1992, Texas; 2001, U.S. District Court, Northern District of Texas; 2011, California; 2013, Missouri; 1994, U.S. Supreme Court

Professional Associations & Memberships

•American Association for Justice
•Board of Governors, 2011-Present
•Budget Committee, 2010-Present
•American Board of Trial Advocates
•Public Justice Foundation
•State Bar of California
•State Bar of Hawaii
•State Bar of Missouri
•Virginia Bar Association
•State Bar of Texas
•Texas Bar Foundation
•Texas Trial Lawyers Association
•Executive Committee, Board of Directors
•Dallas Bar Association
•Dallas Bar Foundation
•Baker Clerkship Committee, 2012
•Dallas Trial Lawyers Association

Payment Information:
  • Free Initial Consultation

Peer Reviews

A Martindale-Hubbell Peer Rating reflects a combination of achieving a Very High General Ethical Standards rating and a Legal Ability numerical rating.

*Peer Reviews provided before April 15, 2008 are not displayed.

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