David Holme Chief Executive Officer / Founder of Exigent
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Tell us a bit about yourself and how you came to be in the legal business.
I am a Chartered Accountant by background. I trained at KPMG London and moved into corporate nance and due diligence work early on (auditing really wasn’t for me). I then moved on to Bridgepoint, a large private equity fund. Initially, I worked on troubled investments as a board member trying to fashion improved performance or to restructure the investment to provide some upside. I then moved on to deal-doing and invested around $400m in five years.
I had been doing deals in the outsourcing space and was looking to do my own thing. The fact that legal had low penetration of outsourcing made me realize that for an industry to increase profitability and efficiency, they had to adopt better, lean working and outsourcing practices.