A knife is provided. The knife comprises a handle and a blade configured to pivot with respect to the handle between an open position wherein a cutting edge of the blade is exposed and a closed position wherein the cutting edge of the blade is disposed within the handle, the blade including an abutting surface. The knife may further comprise a locking assembly configured to releasably lock the blade in the open position, the locking assembly comprising a biased, rotatable member having a canted surface for engaging a corresponding surface on the blade, wherein the canted surface and the corresponding surface are configured to secure the blade relative to the handle in the open position.