The law firm profit puzzle: why outsourcing document review work could be your solution
Last month saw many of the UK’s largest law firms reporting their financial results for 2022/23. Whilst the Magic Circle firms, Freshfields, Linklaters, Allen & Overy and Clifford Chance all reported increased revenue, this masked a trend which saw profits remain flat (or slightly down). Profit per equity partner (PEP) was down by 5% at […]