Knights Group Holdings PLC Continues to invest to capitalise on opportunities
23 Julio 2020 - 2:30AM
RNS Non-Regulatory
TIDMKGH
Knights Group Holdings PLC
23 July 2020
23 July 2020
Knights Group Holdings plc
("Knights" or the "Group")
Knights continues to invest to capitalise on market
opportunities
Knights, one of the UK's fastest growing legal and professional
services businesses, today announces it is investing in new office
space to support the Group's growth ambitions in Birmingham and
position it to take advantage of market opportunities in a post
COVID-19 environment.
Having entered Birmingham through the acquisitions of
well-established, full-service firm Emms Gilmore Liberson and
commercial litigation specialist ERT during the past year, Knights
will relocate its operations to newly built office space at Two
Chamberlain Square. Knights will occupy 18,000 sq ft in the modern,
open-plan workspace which forms part of the recently regenerated
Paradise development in the heart of Birmingham and is located
amongst the city's most prestigious listed civic and cultural
buildings. The space has been designed to a high specification with
capacity for up to 160 colleagues.
The Group has made significant progress in achieving its
ambition to become the leading legal and professional services
business outside London since listing on the Stock Exchange in June
2018. Since IPO, the Group more than tripled its number of
employees to over 1,100 and has more than doubled its number of
offices to 13 as it has developed its nationwide presence.
The move to prime city centre space in Birmingham follows the
recently announced investment in new office premises in Leeds and
Nottingham, providing capacity for Knights to recruit new, high
calibre talent in key regional markets for legal services in the
UK.
Knights also entered York organically earlier this year and has
since committed to relocate to Hudson Quarter, a newly built and
conveniently located modern development, set around a landscaped
courtyard, in Spring 2021.
In 2019, following the acquisition of Turner Parkinson, Knights
expanded into a new high quality office in Manchester that has seen
the Group grow to over 180 colleagues in the North West.
Since 2016, Knights has also grown its presence in Oxford
significantly from 100 to over 160 professionals. This year it
expanded the capacity of its existing Oxford office following the
acquisition of BrookStreet des Roches, providing capacity for up to
200 fee earners.
Today's announcement reflects Knights' ongoing commitment to
provide a high-quality and collaborative working environment for
its colleagues and will support its expansion in the region through
recruitment as it continues to scale its presence across the
UK.
All offices are modern premises in prime locations in their
respective cities, supporting Knights' unique, modern,
collaborative and paperless way of working, and providing capacity
to support the Group's continued recruitment of high calibre
individuals and teams.
David Beech, CEO at Knights, commented:
"Ensuring our office spaces are fit for the needs of the modern
lawyer is central to maintaining the strong operational backbone of
the business that we have built. These open plan and larger
premises give us the space to continue to expand in these key
regions, while supporting our modern and collaborative way of
working.
"Despite working from home efficiently, without any impact on
productivity, offices remain key for a business that is focussed on
team and culture. An excellent working environment not only allows
work to be shared effectively across all levels, helping the
development of skills across the business, but also reflects our
commitment to attracting and retaining the best talent as we grow
our operations across the UK.
"Despite short term market uncertainty created by COVID-19 we
remain committed to investing in our business to best position
ourselves to emerge stronger and take advantage of the pipeline of
recruitment and acquisition opportunities that we expect to
accentuate in the current market environment."
Ends
Enquiries
Knights
David Beech, CEO via MHP Communications
-----------------------
Numis (Nominated Adviser and Broker)
Stuart Skinner, Kevin Cruickshank 020 7260 1000
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MHP Communications (Media enquiries)
Andrew Jaques, Katie Hunt, Rachel Mann 020 3128 8794
07585 301464
knights@mhpc.com
-----------------------
Notes to Editors
Knights is a fast-growing, legal and professional services
business, ranked within the UK's top 100 largest law firms by
revenue. Knights was one of the first law firms in the UK to move
from the traditional partnership model to a corporate structure in
2012 and has since grown rapidly. Knights has specialists in all
key areas of corporate and commercial law so that it can offer
end-to-end support to businesses of all sizes and in all sectors.
It is focussed on key UK markets outside London and currently
operates from 13 offices located in Birmingham, Cheltenham,
Chester, Crawley, Leeds, Leicester, Maidstone, Manchester,
Nottingham, Oxford, Stoke, Wilmslow and York.
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END
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