Meet The People We Work With: Knights | The Just Blog

Who Are Knights?

 

Originally founded in Staffordshire in 1759, Knights PLC is a pioneering professional services business delivering outstanding results for clients. Their streamlined corporate structure, totally different from law firm partnerships, enables Knights to attract funding to support sustainable growth.

Knights’ Dispute Resolution team is made up of 16 Partners who are supported by a wider team of 22 Dispute Resolution lawyers. The quality of Knights’ people and clients has attracted significant external investment which has enabled them to invest in the business and attract the best people to their six regional centres.

Their corporate structure has enabled Knights to create, and nurture, the necessary team culture amongst colleagues of different levels of experience to create a business model which delivers true value for money for clients.


What Does Knights Do For Just?


There are two main reasons Knights has been appointed as our UK Legal Advisors:

Certainty over seniority
All Knights’ lawyers have extensive experience, ensuring the fund is advised by lawyers who can deliver pragmatic legal solutions.

Certainty over fees
Knights provides fixed fee certainty, giving the fund total cost transparency. In the event that Knights are acting as the solicitors for a claimant ultimately funded by the Just Bond, then an alternative litigation specialist law firm will carry out the supervision, in the same way as Knights will supervise any other claimants solicitor.

In addition, Knights is responsible for some stages of the Just investment process:

  •  Receive the funding providing under the funding agreement to release in agreed stages.
  • Ensuring the assignment of the ATE policy and all other formalities are completed before any monies are released.
  •  Make premium payments to acting ATE brokers, and make agreed disbursements to the lawyers acting in the case at specific stages in the litigation.
  • Receive the contractually agreed share of damages or ATE proceeds on completion of the case into their “Client Account” and to distribute this in accordance with the terms of the funding agreement.
  • In addition to the above, before Knights commence their process, they ensure that any ATE provider that is contracted has had extensive due diligence carried out by the broker.

 

 

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