How e-bundling supports growth
With technology and talent being the main challenges to growth for UK law firms, Bundledocs explains how e-bundling software helps secure your business and support your ambitions
According to the 2024/2025 Briefing and HSBC UK law firms strategy and investment survey, the majority of strategic leaders are confident in the market approaching 2025 and looking to invest in growth.
As businesses make such moves, they should be considering how best to facilitate and remain ahead of the curve. One way that business leaders and firms can facilitate growth strategies is by adopting cloud technology to improve efficiency and enable cross-border teams to work together seamlessly. E-bundling software for legal firms, for example, can help support work across multiple court jurisdictions. In this article, we explore the challenges of expansion and how e-bundling can positively support your firm as you continue to grow.
Challenges of expansion for law firms
According to the survey, challenges to growth include acquiring new talent, cybersecurity and environmental, social and governance (ESG) implications. Sourcing talent remains the main challenge for companies looking to expand their business. For law firms, digital transformation is changing the court system both in the UK and across the world. Firms are also identifying competitors that have invested in “tech-driven business models” as a greater threat to those that haven’t.
According to Integrity 360, the UK legal sector has seen a 77% increase in successful cyber-attacks over the past year, rising from 538 to 954 incidents in 2024. Besides these challenges, the costs of expanding to more offices and the level of time-management needed can be extremely high and an additional challenge for firms.
Benefits of e-bundling
Keeping the above challenges in mind, it’s time to explore how e-bundling can support growth for your firm. The main benefits that e-bundling can bring your firm include the following:
Ease of adapting to regulations in different jurisdictions
Centralised cloud solutions such as e-bundling technology can provide a streamlined approach for firms that are expanding their business across multiple court jurisdictions. E-bundling can help firms serve clients across the UK and other markets, as e-bundling templates can be reformatted with ease.
Efficiency and cost-effectiveness
E-bundling technology can automate the court preparation phases for firms, linking in with leading case and document management solutions. This technology can help streamline what once was a traditionally manual, paper process, allowing firms to become more organised and less prone to error. Cloud-technology reduces the number of manual caseloads, which means less space is needed for storage, which is cost-effective for growing firms that want to fund elsewhere.
Employee retention and wellbeing
With cloud technology solutions, legal professionals can work from anywhere in the world, while providing seamless collaboration for international teams. Global teams can edit and approve one single bundle, binder or brief, ensuring the reviewing process is more efficient than reviewing multiple physical versions.
E-bundling can also facilitate remote or hybrid working, helping your firm to grow while providing employees with a flexible working arrangement, which has come in the form of a ‘virtual firm’ for many practices that have expanded overseas.
Security
UK law firms have named cybersecurity as one of the main internal challenges for their organisation, and they may be feeling uncertain when looking to expand their business as a result. The survey shows that firms expect to spend more on IT systems and skills over the upcoming months. With a secure e-bundling solution, law firms can ensure their professionals are focused on providing clients with top-tier service.
Support your ambitions with e-bundling technology
As firms begin to realise their growth ambitions post-pandemic, managing documents across multiple court restrictions may become overwhelming. E-bundling technology can be a key support along the way, helping them to easily adapt to the various court jurisdiction requirements across their operating locations. E-bundling can also help meet the growing demand for digital transformation in the legal sector, giving firms a competitive edge while also aiding in employee retention, and ultimately streamlining business processes.
