One or two notes taken from a sermon by one of our ministers some years ago. This is a summary not a verbatim quote.
Philippians 3 v 8-10, especially "I count all things but loss for the excellency of the knowledge of Christ Jesus my Lord".
Excellency here means heavenliness and majesty. Knowledge is not mere head knowledge, but that which fills the whole soul. The verses are about justification. Man does not have righteousness but the Lord Jesus has worked out a righteousness that is eternal and unchangeable. This is imputed in justification to the ungodly who believe in His name. Justification is forensic, it is a legal matter where the sinner is declared righteous -- a sentence is passed by the Judge.
Faith lays hold of Christ. In terms of time, faith and the sentence that the sinner is righteous happen at the same point. But in terms of logic, the declaration of the sentence happens first and then faith.