ABA Journal wordmark
  • News
    • Latest News
    • Topics
    • Features
  • Latest Issue
  • Podcasts
    • Asked and Answered
    • Legal Rebels
    • Modern Law Library
  • Columnists
    • Advocacy
    • Bryan Garner on Words
    • Intersection
    • On Well-Being
    • Mind Your Business
    • My Path to Law
    • Storytelling
    • Supreme Court Report
    • Your Voice
    • Adam Banner
    • Ari Kaplan
    • Erwin Chemerinsky
    • Marcel Strigberger
    • Nicole Black
    • Susan Smith Blakely
  • Members Who Inspire
  1. Home
  2. Galleries
  3. 9 leaders making the ABS model work in the UK

9 leaders making the ABS model work in the UK

❮
❯
❮
❯

David Beech

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.”


Most Read
Latest featured news ...


Topics: Career & Practice
Top state court deadlocks on fiduciary exception to attorney-client privilege in K&L Gates case
Complete list of topics ...
Your Voice
11 tips to survive your freshman year as an associate
Articles and commentary ...
Podcasts
How one firm is trying to convince technology clients to embrace subscription pricing
More podcasts ...


ABA Journal logo.
  • ABA Journal
  • American Bar Association
  • 321 N Clark St
  • Chicago, IL 60654-7598
  • 800-285-2221
  • 312-988-5522
  • Features
  • Photo Galleries
  • Magazine Back Issues
  • Magazine Digital Edition
  • RSS Feed
  • Search
  • Corrections
  • About the ABA Journal
  • Authors
  • Code of Conduct
  • Contests
  • Privacy Policy
  •  California Privacy Rights
  • Terms of Use
  • Contact the ABA Journal
  • Advertise
  • Email Newsletters
  • Letters to the Editor
  • Reprints
  • Tips & Pitches
Copyright 2021 American Bar Association. All rights reserved.