Note here that Paul is saying he is less than the least of all saints because he is deeply grateful for the grace of God. He knows that without grace, his religious righteousness, which looked to be perfect to those around him, was worthless and had him just as hell bound as any other murderer.

Before we get too far into this passage, I want to take a moment to talk about this word “dispensation”. I think this is important so that you have some background for the day when someone comes along and starts talking about “rightly dividing” scripture according to dispensations.