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 […]

Large-scale litigation: Let us help you avoid bundle bedlam! 

In the intensive coverage of Prince Harry’s recent phone hacking litigation in the High Court, there was one small detail which wouldn’t have meant much to the general public but which stood out to the lawyers among us!   Prince Harry faced long and detailed questioning from MGN’s lawyer, Andrew Green, who probed him on the […]

Is it time your law firm spring-cleaned its client accounts?

All law firms authorised by the Solicitors Regulation Authority (SRA) must follow the requirements of the SRA Accounts Rules (the Rules) when dealing with client money. The Rules also apply to those who work in authorised firms.  Firms are required to have internal systems in place to comply with the Rules which must be appropriate […]

Is your firm feeling the “conveyancing crunch”? Let us take the strain! 

The Law Society Gazette recently reported that property transactions have nearly doubled in a decade but the number of firms doing the work has shrunk – leading to the so-called “conveyancing crunch”.  A difficult time  Property work has always been vulnerable to the economic cycle and the property sector has definitely endured a rollercoaster ride […]

Managing your business through difficult economic times: what are the options for balancing the budget? 

The Chancellor of the Exchequer delivers the UK’s Budget this week and businesses will be keen to hear details of the Government’s economic plan.   Although the short-term economic outlook is generally more positive,  longer-term challenges are predicted and it’s widely expected that the Government will retain its tight fiscal environment alongside some carefully targeted spending. […]

Nice to meet you! How our client induction works and why it’s crucial 

Our business was established in 2001 to provide legal and business process services such as document production and checking and eDiscovery. For over twenty years we have successfully built long-term relationships with many clients, proving that our “trusted partnership” model of client engagement really is the right one. We work hard to ensure these relationships […]

5 reasons our clients love us!

With love in the air during this month of Valentine’s Day, we’ve been thinking about some of the reasons why our clients love what they get from a relationship with GlobalBPO:  1. We keep it personal: We always take time to understand our client’s business and visit as many times as it takes to identify what they […]

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