Founder and Chairman of Kain Knight, market leaders in the legal costs industry, was jointly awarded the Chairman’s Cup by the Association of Costs Lawyers (ACL) at its recent AGM.
Michael was honoured with John Hocking from North West Law for services rendered to the Costs industry. He received the honour after stepping down as Treasurer of the ACL, a post he held since March 2011. Michael also previously served on the ACL’s management committee from 2008.
Going forward, Michael will focus solely on his role as Kain Knight’s Chairman and senior client adviser. Michael founded Kain Knight in 1976 and has since built it into the leading firm of costs lawyers. Today, the firm has 21 costs lawyers, 44 draftsmen and 22 administration staff working out of offices in Bishops Stortford, London and Canterbury.
Kain Knight recently appointed Peter Petyt, as its new Chief Executive. Peter, a former Corporate Finance Partner at accountancy firm MHA MacIntyre Hudson in London, is focusing on business development both nationally and internationally. He is also introducing new services which will complement Kain Knight’s existing skillsets, and examining potential consolidation opportunities in a fragmented marketplace.
Michael Kain, Chairman of Kain Knight, commented:
“I was delighted to be honoured alongside John Hocking by the ACL. I have greatly enjoyed my time with the Association and am proud of the fact that Costs Lawyers are today firmly recognized as an integral part of the legal profession. Today, the profession is facing some significant changes resulting from Lord Jackson’s recent reforms. Fortunately, Kain Knight is strongly positioned to benefit from these changes because of our size and the experience and professionalism of our staff.”