Caravel Law Named One of Canada’s Fastest-Growing Companies For Fifth Year in a Row!


5 in a Row!

– PROFIT and Canadian Business unveils 28th annual list of Canada’s Fastest-Growing Companies –

Toronto (September 15, 2016) Canadian Business and PROFIT today ranked Caravel Law No. 237 on the 28th annual PROFIT 500, the definitive ranking of Canada’s Fastest-Growing Companies. Published in the October issue of Canadian Business and at, the PROFIT 500 ranks Canadian businesses by their five-year revenue growth.

Caravel Law made the 2016 PROFIT 500 list with five-year revenue growth of 235%.

Caravel Co-Founder Joe Milstone exclaimed “In 2016, Caravel Law carried on the strong tradition of growth and success established under our former name, Cognition LLP. The goal we stated in our press release last year was to win ‘one for the thumb’! I’m thrilled to see us do it! Now that we’ve done what the ’81 Steelers couldn’t achieve, next year we hope to get started on the other hand!”

Caravel Co-Founder Rubsun Ho continued “We view awards like our fifth consecutive year as one of Canada’s Fastest-Growing Companies as proof that Caravel is succeeding in our mission. We’re delivering more satisfying legal solutions to our customers and our lawyers. We’re adding best-of-breed lawyers to our 50+ lawyer team. We’re leveraging technology, driving efficiency and keeping costs dramatically lower than Bay Street firms.” Ho added “It’s gratifying to know we’re making a difference. We look forward to many more years of award-winning growth and success for our customers.”

“Companies become a part of the PROFIT 500 through innovative thinking, smart strategy and sheer grit,” says James Cowan, Editor-in-chief of PROFIT and Canadian Business. “These firms demonstrate what Canadian entrepreneurs can achieve, both at home and across the globe. Caravel Law is a great example of this success and we’re pleased to see Caravel recognized for a fifth year in a row.”


About Caravel Law
At Caravel Law, we believe legal solutions should be more satisfying for customers and for lawyers.

We use the best lawyers – and leverage technology – to connect with businesses in a more responsive way – and we focus on happy clients and happy lawyers. We deliver these responsive, tech-enabled solutions at prices 30% to 70% lower than traditional Bay Street law firms. Our mission is to disrupt the legal marketplace and serve businesses in a better, more customer-focused way – “We want to be Your Counsel”.

About PROFIT and
PROFIT: Your Guide to Business Success is Canada’s preeminent media brand dedicated to the management issues and opportunities facing small and mid-sized businesses. For 34 years, Canadian entrepreneurs across a vast array of economic sectors have remained loyal to PROFIT because it’s a timely and reliable source of actionable information that helps them achieve business success and get the recognition they deserve for generating positive economic and social change. Visit PROFIT online at

About Canadian Business
Founded in 1928, Canadian Business is the longest-serving, best-selling and most-trusted business publication in the country. With a total brand readership of more than 1.1 million, it is the country’s premier media brand for executives and senior business leaders. It fuels the success of Canada’s business elite with a focus on the things that matter most: leadership, innovation, business strategy and management tactics. We provide concrete examples of business achievement, thought-provoking analysis and compelling storytelling, all in an elegant package with bold graphics and great photography. Canadian Business—what leadership looks like.

Media contact

Shari Zinman
Director of Client and Lawyer Happiness
Caravel Law
416-348-0313 ext. 108

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Follow us on Twitter – @Caravel_Law





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