The law practice management company Clio today announced a record-setting raise of $900 million, at a valuation of a whopping $3 billion, in an oversubscribed Series F investment round that the company says will accelerate its ability to continue to build and develop its multi-product platform and expand its market both to larger firms…
Clio Launches Its Own Legal-Specific Accounting and Bookkeeping Software as Add-On to Clio Manage
The law practice management company Clio today unveiled Clio Accounting, providing legal-specific bookkeeping and accounting as an add-on to U.S. customers of its Clio Manage platform.
I have not had an opportunity to see a demonstration of it, but Clio said in an announcement that it includes features to sync information from Clio Manage…
In A First for Law Practice Management Platforms, Clio Rolls Out An Integrated E-Filing Service in Texas
Last October, during its annual Clio Cloud Conference, the law practice management company Clio announced its plan to roll out an e-filing service, called Clio File, during 2024, starting with Texas, which would make it the first law practice management platform with built-in e-filing. Today, it delivered on that promise, launching Clio File for e-filing…
Solo and Small Firms Plan to Adopt AI More Quickly than Larger Firms, But Not Fast Enough for Clients, Clio Survey Finds
Solo and small firm lawyers intend to adopt artificial intelligence at a much faster pace than their larger-firm counterparts, but their clients are even more enthusiastic about the technology, believing it can result in more affordable and higher quality services from their lawyers.
So says the 2024 Legal Trends for Solo and Small Firms report,…
Nominations Open for 2024 American Legal Technology Awards, to be Presented at Gala Dinner in October
In what has become an annual tradition, nominations have now opened for the American Legal Technology Awards, which honor exceptional achievement in various aspects of legal technology.
You will be shocked to learn that a new award category has been added this year — the Artificial Intelligence Award, highlighting innovation in applying AI to…
Stuck In A Long-Term Contract with A Practice Management Vendor? Clio Offers to Buy You Out
Two years ago, Clio, the law practice management company, made an offer that some law firms might have found difficult to refuse. It offered to buy them out of up to six months of their contracts with competing practice management platforms if they switched to Clio’s platform.
Now Clio is reviving that offer, which…
Updates from CEO Jack Newton On Recent Clio News: Midsized Firms, Gen AI, Legal Aid, and Clio Draft
During ABA Techshow last week in Chicago, I had the opportunity to sit down for a brief conversation with Jack Newton, founder and CEO of law practice technology company Clio, who provided additional details on some of the company’s recent news.
We discussed Clio’s greater focus on midsized law firms, its impending launch…
Clio Rebrands Lawyaw, the Document Assembly Software It Acquired In 2021, As Clio Draft
Law practice management company Clio said today that Lawyaw, the document automation software it acquired in 2021, will now be called Clio Draft.
The new name reflects a deepened integration of products and services since the acquisition, Clio says.
“Uniting under the Clio banner gives us a clear focus on delivering value to our…
Thomson Reuters Is Shutting Down Its Firm Central Law Practice Management Software
Thomson Reuters is shutting down its Firm Central law practice management software and will discontinue support for the product after Sept. 30, 2024.
Thomson Reuters launched Firm Central in 2013 at a media event in its then-headquarters in Eagan, Minn., as its answer to a then-growing crop of cloud-based practice management software such…
Practice Management Company Clio Says It Will Heighten Its Focus On Mid-Sized Law Firms
The legal technology company Clio, which started 16 years ago as a law practice management platform tailored to solos and small firms, said this week that it will now heighten its focus and investment on technology for mid-sized law firms of more than 20 employees.
“In an era where technological advancement defines business success, mid-sized…
Clio Double Header: Chief Technology Officer Jonathan Watson and Chief Product Officer Hemant Kashyap
On today’sLawNext, it’s a Clio double header, featuring two separate interviews with two of Clio’s top product-focused executives – one with Jonathan Watson, its chief technology officer, and the other with Hemant Kashyap, chief product officer –…
On LawNext: Unpacking the 2023 Clio Legal Trends Report, with Joshua Lenon, Clio’s Lawyer in Residence
On Oct. 9, during the Clio Cloud Conference in Nashville, the law practice management company Clio released the 2023 edition of its annual Legal Trends Report. Since it was first published in 2016, the report has established itself as a benchmark of the…