CEO of Knights
Corporate and Commercial Services
“We became an ABS because the old model doesn’t work—it stunts growth and it stops decisions from being made, and I didn’t see why I had to accept it.
An equity partner in a law firm is expected to be an owner, a manager and a lawyer. It is impossible to do all three well: Not only are there inherent conflicts, but few lawyers have been trained to be managers. It is far better for a firm to have professional management with a CEO. Everyone at Knights feels the benefit of this—from our employees, who are empowered to move ahead with their work, to our clients who get quicker, better results. …
The next decade will bring massive opportunities, but only for those who are prepared. In adopting a corporate structure that leaves money in to create value instead of stripping it out every year, and by changing how we deliver our services and price our work, we will be in a position to adapt to the changing world and take advantage of those opportunities.”
