One way to get around the elements of traditional consulting firms that you want to change is to start your own firm. That's exactly what Roger Carlile, Founder and CEO of Ankura Consulting set out to do after a career spent at larger firms. The new governance, risk and compliance firm took off like a shot after its founding in late 2014, reaching 340 employees and $120 million in annual revenue and picking up some major high-profile mass tort cases along the way. Consulting caught up with Carlile to talk about the firm's founding and how he's overseen its impressive growth so far.
Consulting: What is Ankura Consulting all about?
Carlile: We're a firm in the public world we'd say fits in the governance, risk and compliance workspace. Other firms have called a lot of what we do business advisory services. We do a number of things, but the three or four biggest things we do are very much in the mass torts world. We were picked by the parties and approved by the courts to be the claims supervisor for a recent major auto manufacturer settlement. There are reports we file every month with the court on that that talks about how well that process is going, the process the company set up to pay claims, to take back cars if that's the approach that's followed or to modify or repair the car to bring them to standard. We do that kind of work, we've done frankly probably every major mass tort claim you can think of; we're very big in mass tort litigation, the more complicated ends of those kinds of issues. We also do turnarounds, restructuring/bankruptcy work. We're very focused on what we do.
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